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Revenue Recognition (Tables) | 3 Months Ended
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Mar. 31, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Net Sales are Attributed to the Geographic Locations | Net sales are attributed to the following geographic locations of the Company’s direct customers (in millions):
| Three Months Ended March 31,
| 2025 |  | 2024
| FAM |  | SAS |  | Total |  | FAM |  | SAS |  | Total
United States | $ | 102.6 |  |  | $ | 172.6 |  |  | $ | 275.2 |  |  | $ | 108.9 |  |  | $ | 159.4 |  |  | $ | 268.3 |
Europe | 46.5 |  |  | 79.3 |  |  | 125.8 |  |  | 54.0 |  |  | 87.1 |  |  | 141.1 |
Asia-Pacific | 27.4 |  |  | 20.1 |  |  | 47.5 |  |  | 32.1 |  |  | 20.9 |  |  | 53.0 |
Americas (excluding U.S.) | 6.5 |  |  | 17.3 |  |  | 23.8 |  |  | 5.2 |  |  | 22.3 |  |  | 27.5 |
Other foreign countries | 4.6 |  |  | 7.9 |  |  | 12.5 |  |  | 2.5 |  |  | 7.8 |  |  | 10.3 |
Net sales | $ | 187.6 |  |  | $ | 297.2 |  |  | $ | 484.8 |  |  | $ | 202.7 |  |  | $ | 297.5 |  |  | $ | 500.2 |
Schedule of Net Sales as a Percentage by End Market | Net sales as a percentage by product category for the business were as follows:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2025 |  | 2024
Filtration & netting |  |  |  |  | 25 | % |  | 26 | %
Advanced films |  |  |  |  | 14 | % |  | 15 | %
Tapes, labels & liners |  |  |  |  | 29 | % |  | 30 | %
Paper & packaging |  |  |  |  | 16 | % |  | 16 | %
Healthcare & other |  |  |  |  | 16 | % |  | 13 | %
Net sales |  |  |  |  | 100 | % |  | 100 | %
Schedule of Activity Under the Receivables Sales Agreement and Reverse Receivables Programs | The following table summarizes the activity under the Receivables Sales Agreement and Reverse Receivables Programs (in millions):
| Three Months Ended March 31,
| 2025 |  | 2024
Trade accounts receivable sold to financial institutions | $ | 238.0 |  |  | $ | 234.2 |
Cash proceeds from financial institutions | 237.8 |  |  | 234.1 |

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