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Goodwill
 12 Months Ended
Dec. 31, 2025
Disclosure Text Block Supplement [Abstract]  
Goodwill Disclosure [Text Block]

Note 5—Goodwill

 

There were no changes in the carrying amount of goodwill by reporting unit for the years ended December 31, 2025 and 2024.

 

The Company performed its annual impairment assessment in the second quarter of 2025, and in the second quarter of 2024 using a quantitative approach, and determined there was no impairment.

 

In the second quarter of 2025, the Company identified certain macroeconomic developments that represented potential indicators of impairment of goodwill in the form of rising import costs for the U.S. market. As a result, the Company performed an interim quantitative impairment test for its reporting units as of May 31, 2025, consistent with the guidance in ASC 350. The results of this analysis indicated that the fair value of each reporting unit continued to exceed its carrying amount.

 

There were no events or changes in circumstances after the second quarter assessment that indicated that the carrying value of a reporting unit may exceed its fair value as of December 31, 2025.