XML 98 R26.htm IDEA: XBRL DOCUMENT v3.25.3
Revenue Recognition (Tables)
 9 Months Ended
Sep. 30, 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 during the three months ended September 30, 2025 and 2024 were as follows (in millions):
Three Months Ended September 30,
20252024
FAM
SAS
Total
FAM
SAS
Total
United States$107.2 $184.6 $291.8 $101.2 $178.1 $279.3 
Europe
49.6 86.8 136.4 46.0 83.4 129.4 
Asia-Pacific28.9 19.8 48.7 32.2 21.1 53.3 
Americas (excluding U.S.)7.3 17.5 24.8 7.0 19.4 26.4 
Other foreign countries5.3 6.7 12.0 3.2 6.9 10.1 
Net sales$198.3 $315.4 $513.7 $189.6 $308.9 $498.5 
Nine Months Ended September 30,
20252024
FAM
SAS
Total
FAM
SAS
Total
United States$320.2 $541.5 $861.7 $326.3 $515.3 $841.6 
Europe
145.8 255.8 401.6 150.6 259.5 410.1 
Asia-Pacific87.6 57.4 145.0 96.2 64.7 160.9 
Americas (excluding U.S.)20.9 54.6 75.5 18.1 61.5 79.6 
Other foreign countries15.8 24.3 40.1 7.5 22.8 30.3 
Net sales$590.3 $933.6 $1,523.9 $598.7 $923.8 $1,522.5 
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
September 30,		Nine Months Ended
September 30,
2025202420252024
Filtration & netting
26 %25 %26 %25 %
Advanced films
13 %13 %13 %14 %
Tapes, labels & liners
29 %30 %29 %30 %
Paper & packaging
17 %17 %17 %17 %
Healthcare & other
15 %15 %15 %14 %
   Net sales 100 %100 %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):
Nine Months Ended
September 30,
20252024
Trade accounts receivable sold to financial institutions$797.7 $778.7 
Cash proceeds from financial institutions$797.2 $778.1