Accrued and Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Accrued and Other Liabilities

Accrued liabilities and Other liabilities in the Consolidated Balance Sheets.


	December 31, 2025				December 31, 2024
	Current		Noncurrent		Current		Noncurrent
	(In thousands)
Accrued taxes and deferred tax liabilities	$	53,728	$	182,898	$	46,395	$	151,642
Compensation and related benefits	68,535		52,706		80,451		48,350
Asbestos liability	42,242		269,829		40,779		253,287
Contract liability	19,663		—		26,390		—
Lease liability	22,081		88,141		21,459		66,042
Warranty liability	12,573		—		12,794		—
Third-party commissions	19,371		—		17,346		—
Restructuring liability	17,297		319		4,732		374
Accrued interest	8,570		—		8,077		—
Other	37,926		63,343		40,135		13,241
	$	301,986	$	657,236	$	298,558	$	532,936

Schedule of Product Warranty Liability

The table below summarizes the activity in the Company’s warranty liability included in Accrued liabilities in the Company’s Consolidated Balance Sheets.


	Year Ended December 31,
	2025		2024
	(In thousands)
Warranty liability, beginning of period	$	12,794	$	12,606
Accrued warranty expense	8,926		10,570
Changes in estimates related to pre-existing warranties	762		1,624
Cost of warranty service work performed	(12,146)		(11,426)

Foreign exchange translation effect and other	2,237		(580)
Warranty liability, end of period	$	12,573	$	12,794

Schedule of Restructuring Reserve by Type of Cost

The table below summarizes the activity in the Company’s restructuring liability included in Accrued liabilities and Other liabilities in the Consolidated Balance Sheets.


	Year Ended December 31, 2025
	Balance at Beginning of Period		Charges		Payments		Foreign Currency Translation and Other		Balance at End of Period
	(In thousands)
Termination benefits(1)	$	3,845	$	19,174	$	(8,678)	$	709	$	15,050
Facility closure costs and other(2)	1,261		8,582		(6,245)		(1,032)		2,566
	$	5,106	$	27,756	$	(14,923)	$	(323)	$	17,616

(1) Includes severance and other termination benefits, including outplacement services.

(2) Includes the cost of relocating associates, relocating equipment and other costs in connection with the closure and optimization of facilities and product lines.


	Year Ended December 31, 2024
	Balance at Beginning of Period		Charges		Payments		Foreign Currency Translation		Balance at End of Period
	(In thousands)
Termination benefits(1)	$	4,595	$	4,538	$	(5,288)	$	—	$	3,845
Facility closure costs(2)	1,104		5,689		(5,112)		(420)		1,261
	$	5,699	$	10,227	$	(10,400)	$	(420)	$	5,106

(1) Includes severance and other termination benefits, including outplacement services.

(2) Includes the cost of relocating associates, relocating equipment, lease termination expenses and other costs in connection with the closure and optimization of facilities and product lines.