XML 62 R47.htm IDEA: XBRL DOCUMENT v3.25.4

Derivatives and Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

December 31, 2025

Sales hedges

U.S. Dollars

Australian Dollars

Canadian Dollars

Contract totals/£m

29.4

1.2

0.3

Maturity dates

02/26

01/26 to 02/26

01/26

Exchange rates

$1.3098 to $1.3521

$2.0028 to $2.0297

$1.8371

Purchase hedges

Euros

Canadian Dollars

Australian Dollars

Contract totals/£m

0.8

15.6

2.2

Maturity dates

01/26

01/26 to 03/26

01/26 to 02/26

Exchange rates

€1.1445

$1.8454 to $1.8305

$2.0111 to $2.0111

December 31, 2024

Sales hedges

U.S. Dollars

Canadian Dollars

Contract totals/£m

36.5

0.2

Maturity dates

01/25 to 03/25

01/25

Exchange rates

$1.2511 to $1.2999

$1.7969

Purchase hedges

U.S. Dollars

Euros

Canadian Dollars

Australian Dollars

Contract totals/£m

1.2

0.8

15.6

1.0

Maturity dates

01/25

02/25

01/25 to 03/25

01/25

Exchange rates

$1.2507

€1.2104

$1.7451 to $1.8137

$2.0073 to $2.0177

Schedule of Fair Values of the Financial Instruments

The fair values of the financial instruments of the Company at December 31, 2025 and 2024, were analyzed using the hierarchy as follows:

						December 31, 2025
			In millions			Total						Level 1						Level 2						Level 3
			Derivative financial assets:
			Foreign currency contract assets			$	0.3					$	—					$	0.3					$	—
			Interest bearing loans and borrowings:
			Loan Notes due 2026			25.0						—						25.0						—
			Revolving credit facility			$	15.3					$	—					$	15.3					$	—

						December 31, 2024
			In millions			Total						Level 1						Level 2						Level 3
			Derivative financial liabilities:
			Foreign currency contract liabilities			$	0.9					$	—					$	0.9					$	—
			Interest bearing loans and borrowings:
			Loan Notes due 2026			25.0						—						25.0						—
			Revolving credit facility			17.2						—						17.2						—
			Bank overdraft			$	3.1					$	—					$	3.1					$	—

X

- References

No definition available.

+ Details

Name:	us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-3

+ Details

Name:	us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration