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Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in goodwill by reportable segment | The changes in the carrying amount of goodwill for the six months ended June 30, 2025 are summarized as follows:
|  | Americas |  |  | MEAP |  |  | Consolidated |
Balance as of December 31, 2024 |  | $ | 14.4 |  |  | $ | 63.4 |  |  |  | 77.8 |
Foreign currency impact |  |  | — |  |  |  | 1.2 |  |  |  | 1.2 |
Balance as of June 30, 2025 |  | $ | 14.4 |  |  | $ | 64.6 |  |  | $ | 79.0 |
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 other intangible assets other than goodwill as of June 30, 2025 and December 31, 2024, are summarized as follows:
|  | June 30, 2025 |  |  | December 31, 2024 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization Amount |  |  | Net Book Value |  |  | Gross Carrying Amount |  |  | Accumulated Amortization Amount |  |  | Net Book Value |
Definite lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | $ | 28.3 |  |  | $ | (13.9 | ) |  | $ | 14.4 |  |  | $ | 26.3 |  |  | $ | (13.0 | ) |  | $ | 13.3 |
Patents |  |  | 30.3 |  |  |  | (30.0 | ) |  |  | 0.3 |  |  |  | 28.1 |  |  |  | (27.8 | ) |  |  | 0.3 |
Noncompetition agreements |  |  | 4.2 |  |  |  | (3.2 | ) |  |  | 1.0 |  |  |  | 4.2 |  |  |  | (2.8 | ) |  |  | 1.4 |
Trademarks and tradenames |  |  | 2.2 |  |  |  | (1.7 | ) |  |  | 0.5 |  |  |  | 2.2 |  |  |  | (1.5 | ) |  |  | 0.7 |
Total |  | $ | 65.0 |  |  | $ | (48.8 | ) |  | $ | 16.2 |  |  | $ | 60.8 |  |  | $ | (45.1 | ) |  | $ | 15.7 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and tradenames |  | $ | 95.9 |  |  | $ | — |  |  | $ | 95.9 |  |  | $ | 89.2 |  |  | $ | — |  |  | $ | 89.2 |
Distribution network |  |  | 15.0 |  |  |  | — |  |  |  | 15.0 |  |  |  | 13.6 |  |  |  | — |  |  |  | 13.6 |
Total |  |  | 110.9 |  |  |  | — |  |  |  | 110.9 |  |  |  | 102.8 |  |  |  | — |  |  |  | 102.8 |
Total other intangible assets |  | $ | 175.9 |  |  | $ | (48.8 | ) |  | $ | 127.1 |  |  | $ | 163.6 |  |  | $ | (45.1 | ) |  | $ | 118.5 |
Schedule of Goodwill Balances by Reportable Segment | The gross carrying amount, accumulated impairment and net book value of the Company's goodwill balances by reportable segment as of June 30, 2025 and December 31, 2024, are summarized as follows:
|  | June 30, 2025 |  |  | December 31, 2024 |
|  | Gross Carrying Amount |  |  | Accumulated Impairment Amount |  |  | Net Book Value |  |  | Gross Carrying Amount |  |  | Accumulated Impairment Amount |  |  | Net Book Value |
Americas |  | $ | 180.9 |  |  | $ | (166.5 | ) |  | $ | 14.4 |  |  | $ | 180.9 |  |  | $ | (166.5 | ) |  | $ | 14.4 |
EURAF |  |  | 82.2 |  |  |  | (82.2 | ) |  |  | — |  |  |  | 82.2 |  |  |  | (82.2 | ) |  |  | — |
MEAP |  |  | 64.6 |  |  |  | — |  |  |  | 64.6 |  |  |  | 63.4 |  |  |  | — |  |  |  | 63.4 |
Total |  | $ | 327.7 |  |  | $ | (248.7 | ) |  | $ | 79.0 |  |  | $ | 326.5 |  |  | $ | (248.7 | ) |  | $ | 77.8 |

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