Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Goodwill

Changes in goodwill during the years ended December 31, 2024 and 2023, were as follows:

(In thousands)	2024		2023
Balance at January 1	$	627,534	$	620,622
Currency translation	(6,639)		6,912
Balance at December 31	$	620,895	$	627,534

Schedule of Finite-Lived Intangible Assets

Changes in intangible assets, net of accumulated amortization, during the years ended December 31, 2024 and 2023, were as follows:

(In thousands)	2024		2023
Net balance at January 1	$	266,134	$	281,853
Amortization expense	(17,826)		(18,085)
Currency translation	(1,871)		2,366
Net balance at December 31	$	246,437	$	266,134

(In millions)		December 31, 2024						December 31, 2023
Intangible Assets:	Weighted Average Useful Life (years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	19	$	179.7	$	(55.7)	$	124.0	$	181.8	$	(46.5)	$	135.3
Distribution agreements	20	65.7		(33.3)		32.4		66.0		(30.2)		35.8
Technology related assets	8	49.6		(35.5)		14.1		49.9		(32.7)		17.2
Patents, trademarks and copyrights	16	34.1		(18.2)		15.9		34.5		(16.8)		17.7
License agreements	5	5.4		(5.4)		—		5.4		(5.4)		—
Other	2	2.8		(2.8)		—		3.4		(3.3)		0.1
Total	17	$	337.3	$	(150.9)	$	186.4	$	341.0	$	(134.9)	$	206.1

Schedule of Indefinite-Lived Intangible Assets

Changes in intangible assets, net of accumulated amortization, during the years ended December 31, 2024 and 2023, were as follows:

(In thousands)	2024		2023
Net balance at January 1	$	266,134	$	281,853
Amortization expense	(17,826)		(18,085)
Currency translation	(1,871)		2,366
Net balance at December 31	$	246,437	$	266,134

(In millions)		December 31, 2024						December 31, 2023
Intangible Assets:	Weighted Average Useful Life (years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	19	$	179.7	$	(55.7)	$	124.0	$	181.8	$	(46.5)	$	135.3
Distribution agreements	20	65.7		(33.3)		32.4		66.0		(30.2)		35.8
Technology related assets	8	49.6		(35.5)		14.1		49.9		(32.7)		17.2
Patents, trademarks and copyrights	16	34.1		(18.2)		15.9		34.5		(16.8)		17.7
License agreements	5	5.4		(5.4)		—		5.4		(5.4)		—
Other	2	2.8		(2.8)		—		3.4		(3.3)		0.1
Total	17	$	337.3	$	(150.9)	$	186.4	$	341.0	$	(134.9)	$	206.1