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Goodwill and Other Intangible Assets (Tables) | 9 Months Ended
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Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in goodwill by reportable segment | The changes in the carrying amount of goodwill as of September 30, 2022 and December 31, 2021 are summarized as follows:
|  | Americas - Manufacturing |  |  | Americas - Distribution |  |  | MEAP |  |  | Consolidated |
Balance as of January 1, 2021 |  | $ | 166.5 |  |  | $ | — |  |  | $ | 68.6 |  |  | $ | 235.1 |
Foreign currency impact |  |  | — |  |  |  | — |  |  |  | (0.5 | ) |  |  | (0.5 | )
Acquisitions |  |  | — |  |  |  | 15.1 |  |  |  | — |  |  |  | 15.1 |
Balance as of December 31, 2021 |  |  | 166.5 |  |  |  | 15.1 |  |  |  | 68.1 |  |  |  | 249.7 |
Foreign currency impact |  |  | — |  |  |  | — |  |  |  | (3.8 | ) |  |  | (3.8 | )
Purchase accounting adjustments |  |  | — |  |  |  | (0.7 | ) |  |  | — |  |  |  | (0.7 | )
Balance as of September 30, 2022 |  | $ | 166.5 |  |  | $ | 14.4 |  |  | $ | 64.3 |  |  | $ | 245.2 |
Gross carrying amount, accumulated amortization and net book value of intangible assets other than goodwill | The gross carrying amount, accumulated amortization and net book value of the Company’s intangible assets other than goodwill as of September 30, 2022 and December 31, 2021 are summarized as follows:
|  | September 30, 2022 |  |  | December 31, 2021 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization Amount |  |  | Net Book Value |  |  | Gross Carrying Amount |  |  | Accumulated Amortization Amount |  |  | Net Book Value |
Definite lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | $ | 26.6 |  |  | $ | (9.7 | ) |  | $ | 16.9 |  |  | $ | 27.0 |  |  | $ | (9.0 | ) |  | $ | 18.0 |
Patents |  |  | 27.3 |  |  |  | (26.8 | ) |  |  | 0.5 |  |  |  | 29.7 |  |  |  | (29.1 | ) |  |  | 0.6 |
Noncompetition agreements |  |  | 4.2 |  |  |  | (1.0 | ) |  |  | 3.2 |  |  |  | 4.2 |  |  |  | (0.4 | ) |  |  | 3.8 |
Trademarks and tradenames |  |  | 2.2 |  |  |  | (0.5 | ) |  |  | 1.7 |  |  |  | 2.2 |  |  |  | (0.1 | ) |  |  | 2.1 |
Other intangibles |  |  | 0.7 |  |  |  | (0.5 | ) |  |  | 0.2 |  |  |  | 0.6 |  |  |  | (0.2 | ) |  |  | 0.4 |
Total |  |  | 61.0 |  |  |  | (38.5 | ) |  |  | 22.5 |  |  |  | 63.7 |  |  |  | (38.8 | ) |  |  | 24.9 |
Indefinite lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and tradenames |  |  | 88.0 |  |  |  | — |  |  |  | 88.0 |  |  |  | 95.9 |  |  |  | — |  |  |  | 95.9 |
Distribution network |  |  | 17.2 |  |  |  | — |  |  |  | 17.2 |  |  |  | 18.8 |  |  |  | — |  |  |  | 18.8 |
Total |  |  | 105.2 |  |  |  | — |  |  |  | 105.2 |  |  |  | 114.7 |  |  |  | — |  |  |  | 114.7 |
Total other intangible assets |  | $ | 166.2 |  |  | $ | (38.5 | ) |  | $ | 127.7 |  |  | $ | 178.4 |  |  | $ | (38.8 | ) |  | $ | 139.6 |

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- Definition Tabular disclosure of indefinite-lived and finite-lived intangibles assets, in total and by major class, including the gross carrying amount and accumulated amortization. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company. + References No definition available. + Details
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