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v3.23.1

Goodwill and Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in goodwill by reportable segment | The changes in the carrying amount of goodwill as of March 31, 2023 and December 31, 2022 are summarized as follows:
|  | Americas - Distribution |  |  | MEAP |  |  | Consolidated |
Balance as of December 31, 2022 |  | $ | 14.4 |  |  | $ | 65.7 |  |  | $ | 80.1 |
Foreign currency impact |  |  | — |  |  |  | (0.2 | ) |  |  | (0.2 | )
Balance as of March 31, 2023 |  | $ | 14.4 |  |  | $ | 65.5 |  |  | $ | 79.9 |
Schedule of Goodwill Balances by Reporting Unit | The gross carrying amount, accumulated impairment and net book value of the Company's goodwill balances by reporting unit are summarized as follows:
|  | March 31, 2023 |  |  | December 31, 2022 |
|  | Gross Carrying Amount |  |  | Accumulated Impairment Amount |  |  | Net Book Value |  |  | Gross Carrying Amount |  |  | Accumulated Impairment Amount |  | Net Book Value |
Americas - Manufacturing |  | $ | 166.5 |  |  | $ | (166.5 | ) |  | $ | — |  |  | $ | 166.5 |  |  | $ | (166.5 | ) | $ | — |
Americas - Distribution |  |  | 14.4 |  |  |  | — |  |  |  | 14.4 |  |  |  | 14.4 |  |  |  | — |  |  | 14.4 |
EURAF |  |  | 82.2 |  |  |  | (82.2 | ) |  |  | — |  |  |  | 82.2 |  |  |  | (82.2 | ) |  | — |
MEAP |  |  | 65.5 |  |  |  | — |  |  |  | 65.5 |  |  |  | 65.7 |  |  |  | — |  |  | 65.7 |
Total |  | $ | 328.6 |  |  | $ | (248.7 | ) |  | $ | 79.9 |  |  | $ | 328.8 |  |  | $ | (248.7 | ) | $ | 80.1 |
Gross carrying amount and accumulated amortization of the company's 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 March 31, 2023 and December 31, 2022 are summarized as follows:
|  | March 31, 2023 |  |  | December 31, 2022 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization Amount |  |  | Net Book Value |  |  | Gross Carrying Amount |  |  | Accumulated Amortization Amount |  |  | Net Book Value |
Definite lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | $ | 26.5 |  |  | $ | (10.5 | ) |  | $ | 16.0 |  |  | $ | 26.5 |  |  | $ | (10.0 | ) |  | $ | 16.5 |
Patents |  |  | 28.9 |  |  |  | (28.4 | ) |  |  | 0.5 |  |  |  | 28.7 |  |  |  | (28.2 | ) |  |  | 0.5 |
Noncompetition agreements |  |  | 4.2 |  |  |  | (1.4 | ) |  |  | 2.8 |  |  |  | 4.2 |  |  |  | (1.2 | ) |  |  | 3.0 |
Trademarks and tradenames |  |  | 2.2 |  |  |  | (0.7 | ) |  |  | 1.5 |  |  |  | 2.2 |  |  |  | (0.6 | ) |  |  | 1.6 |
Other intangibles |  |  | 0.6 |  |  |  | (0.6 | ) |  |  | — |  |  |  | 0.6 |  |  |  | (0.5 | ) |  |  | 0.1 |
Total |  | $ | 62.4 |  |  | $ | (41.6 | ) |  | $ | 20.8 |  |  | $ | 62.2 |  |  | $ | (40.5 | ) |  | $ | 21.7 |
Indefinite lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and tradenames |  |  | 91.7 |  |  |  | — |  |  |  | 91.7 |  |  |  | 91.0 |  |  |  | — |  |  |  | 91.0 |
Distribution network |  |  | 14.1 |  |  |  | — |  |  |  | 14.1 |  |  |  | 14.0 |  |  |  | — |  |  |  | 14.0 |
Total |  |  | 105.8 |  |  |  | — |  |  |  | 105.8 |  |  |  | 105.0 |  |  |  | — |  |  |  | 105.0 |
Total intangible assets |  | $ | 168.2 |  |  | $ | (41.6 | ) |  | $ | 126.6 |  |  | $ | 167.2 |  |  | $ | (40.5 | ) |  | $ | 126.7 |

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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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