Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The Company’s segment results are included in the table below.

	Year Ended December 31,
	2024		2023		2022
	(In thousands)
Net sales(1):
Americas	$	1,176,745	$	1,214,998	$	1,128,306
EMEA & APAC	1,564,058		1,559,768		1,465,174
	$	2,740,803	$	2,774,766	$	2,593,480
Cost of sales:
Americas	$	711,082	$	760,134	$	752,641
EMEA & APAC	992,266		998,881		955,309
	$	1,703,348	$	1,759,015	$	1,707,950
Allocated corporate overhead operating expense:
Americas	$	64,517	$	64,668	$	55,328
EMEA & APAC	97,807		103,984		85,527
	$	162,324	$	168,652	$	140,855
Other operating expense:
Americas	$	161,946	$	165,454	$	131,760
EMEA & APAC	184,411		180,543		176,161
	$	346,357	$	345,997	$	307,921
Adjusted EBITDA(2):
Americas	$	239,200	$	224,742	$	188,577
EMEA & APAC	289,574		276,360		248,177
	$	528,774	$	501,102	$	436,754
Depreciation, amortization and other impairment charges:
Americas	$	31,193	$	34,589	$	29,281
EMEA & APAC	35,978		40,445		36,697
	$	67,171	$	75,034	$	65,978
Capital expenditures:
Americas	$	22,648	$	21,576	$	18,005
EMEA & APAC	29,131		26,602		22,238
	$	51,779	$	48,178	$	40,243

(1) For the years ended December 31, 2024, 2023 and 2022, the total Net sales originating from the United States were $595.6 million, $619.1 million and $583.0 million, respectively.

(2) The following is a reconciliation of Net income from continuing operations to Adjusted EBITDA:

	Year Ended December 31,
	2024		2023		2022
	(In thousands)
Net income from continuing operations	$	293,057	$	223,365	$	231,081
Income tax expense	77,348		95,727		69,170
Interest expense and other, net	64,890		85,074		37,950
Pension settlement loss (gain)	12,155		—		(9,136)
Restructuring and other related charges(1)	10,227		24,110		23,096
Separation costs(2)	—		—		15,545
Acquisition - amortization and other related charges(3)	34,479		36,851		34,196
Depreciation and other amortization	36,618		35,975		34,852
Adjusted EBITDA	$	528,774	$	501,102	$	436,754

(1) Includes severance and other termination benefits, including outplacement services, as well as the cost of relocating associates, relocating equipment, lease termination expenses, impairment of long-lived assets and other costs in connection with the closure and optimization of facilities and product lines.

(2) Includes non-recurring charges and employee costs related to the planning and execution of the Separation within the Selling, general and administrative expense line within the Consolidated and Combined Statements of Operations.

(3) Includes transaction expenses, amortization of intangibles, fair value charges on acquired inventories and integration expenses.

	December 31,
	2024		2023
	(In thousands)
Investments in equity method investees:
Americas	$	—	$	—
EMEA & APAC	28,885		30,633
	$	28,885	$	30,633
Total assets:
Americas	$	1,796,167	$	1,671,634
EMEA & APAC	2,237,808		2,156,995
	$	4,033,975	$	3,828,629

Schedule of Long-Lived Assets, by Geographical Areas

	December 31,
	2024		2023
	(In thousands)
Property, plant and equipment, net(1):
United States	$	73,036	$	68,398
Czech Republic	55,554		60,948
India	31,506		31,258
Mexico	20,495		23,922
Poland	17,227		14,661
Russia	12,225		15,550
Other foreign countries	88,304		79,568
	$	298,347	$	294,305

(1) As the Company does not allocate all long-lived assets, specifically intangible assets, to each individual country, evaluation of long-lived assets in total is impracticable.