Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in goodwill by reportable segment

The changes in the carrying amount of goodwill as of June 30, 2022 and December 31, 2021 are summarized as follows:

	Americas - Manufacturing		Americas - Distribution			MEAP			Consolidated
Balance as of January 1, 2021	$	166.5	$	—		$	68.6		$	235.1
Foreign currency impact		—		—			(0.5	)		(0.5	)
Acquisitions		—		15.1			—			15.1
Balance as of December 31, 2021		166.5		15.1			68.1			249.7
Foreign currency impact		—		—			(1.7	)		(1.7	)
Purchase accounting adjustments		—		(0.7	)		—			(0.7	)
Balance as of June 30, 2022	$	166.5	$	14.4		$	66.4		$	247.3

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 intangible assets other than goodwill as of June 30, 2022 and December 31, 2021 are summarized as follows:

	June 30, 2022							December 31, 2021
	Gross Carrying Amount		Accumulated Amortization Amount			Net Book Value		Gross Carrying Amount		Accumulated Amortization Amount			Net Book Value
Definite lived intangible assets:
Customer relationships	$	26.7	$	(9.5	)	$	17.2	$	27.0	$	(9.0	)	$	18.0
Patents		28.3		(27.8	)		0.5		29.7		(29.1	)		0.6
Noncompetition agreements		4.2		(0.8	)		3.4		4.2		(0.4	)		3.8
Trademarks and tradenames		2.2		(0.4	)		1.8		2.2		(0.1	)		2.1
Other intangibles		0.6		(0.2	)		0.4		0.6		(0.2	)		0.4
Total		62.0		(38.7	)		23.3		63.7		(38.8	)		24.9
Indefinite lived intangible assets:
Trademarks and tradenames		91.3		—			91.3		95.9		—			95.9
Distribution network		17.9		—			17.9		18.8		—			18.8
Total		109.2		—			109.2		114.7		—			114.7
Total other intangible assets	$	171.2	$	(38.7	)	$	132.5	$	178.4	$	(38.8	)	$	139.6