Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in goodwill by reportable segment

The changes in the carrying amount of goodwill for the years ended December 31, 2023 and 2022 are summarized as follows:

	Americas - Manufacturing			Americas - Distribution			MEAP			Consolidated
Balance as of January 1, 2022	$	166.5		$	15.1		$	68.1		$	249.7
Goodwill impairment		(166.5	)		—			—			(166.5	)
Purchase accounting adjustments		—			(0.7	)		—			(0.7	)
Foreign currency impact		—			—			(2.4	)		(2.4	)
Net balance as of December 31, 2022		—			14.4			65.7			80.1
Foreign currency impact		—			—			(0.5	)		(0.5	)
Net balance as of December 31, 2023	$	—		$	14.4		$	65.2		$	79.6

Schedule of Goodwill Balances by Reporting Unit

The gross carrying amount, accumulated impairment, and net book value of the Company's goodwill balances by reporting unit are summarized as follows:

	December 31, 2023							December 31, 2022
	Gross Carrying Amount		Accumulated Impairment Amount			Net Book Value		Gross Carrying Amount		Accumulated Impairment Amount			Net Book Value
Americas - Manufacturing	$	166.5	$	(166.5	)	$	—	$	166.5	$	(166.5	)	$	—
Americas - Distribution		14.4		—			14.4		14.4		—			14.4
EURAF		82.2		(82.2	)		—		82.2		(82.2	)		—
MEAP		65.2		—			65.2		65.7		—			65.7
Total	$	328.3	$	(248.7	)	$	79.6	$	328.8	$	(248.7	)	$	80.1

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 December 31, 2023 and 2022 are summarized as follows:

	December 31, 2023							December 31, 2022
	Gross Carrying Amount		Accumulated Amortization Amount			Net Book Value		Gross Carrying Amount		Accumulated Amortization Amount			Net Book Value
Definite lived intangible assets:
Customer relationships	$	26.5	$	(11.6	)	$	14.9	$	26.5	$	(10.0	)	$	16.5
Patents		29.2		(28.8	)		0.4		28.7		(28.2	)		0.5
Noncompetition agreements		4.2		(2.0	)		2.2		4.2		(1.2	)		3.0
Trademarks and tradenames		2.2		(1.0	)		1.2		2.2		(0.6	)		1.6
Other intangibles		0.7		(0.7	)		-		0.6		(0.5	)		0.1
Total		62.8		(44.1	)		18.7		62.2		(40.5	)		21.7
Indefinite lived intangible assets:
Trademarks and tradenames		92.6		—			92.6		91.0		—			91.0
Distribution network		14.3		—			14.3		14.0		—			14.0
Total		106.9		—			106.9		105.0		—			105.0
Total intangible assets	$	169.7	$	(44.1	)	$	125.6	$	167.2	$	(40.5	)	$	126.7

Estimated Amortization Expense

Excluding the impact of any future acquisitions, divestitures or impairments, the Company's anticipated future amortization of intangible assets as of December 31, 2023 is summarized as follows:

Year
2024	$	2.9
2025		2.9
2026		2.5
2027		1.4
2028		1.4
Thereafter		7.6
Total	$	18.7