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Segment Information (Tables)
9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Reportable Segment Information
Reportable segment information is presented in the following table:
(In thousands)AmericasInternational
Corporate/Reconciling
Items(a)
Consolidated
Totals
Three Months Ended September 30, 2026
Net sales to external customers$338,246 $198,184 $— $536,430 
Less:
Cost of products sold170,272 113,855 
Selling, general and administrative59,152 44,694 13,564 
Research and development12,162 7,801 
Adjusted operating income96,660 31,834 
Noncash items:
Depreciation and amortization12,173 10,617 219 23,009 
Pension (income) expense(5,427)1,049 — (4,378)
Total assets1,725,536 1,595,986 (43,210)(b)3,278,312 
Capital expenditures8,967 3,692 1,469 14,128 
Three Months Ended September 30, 2025
Net sales to external customers$313,350 $155,095 $— $468,445 
Less:
Cost of products sold160,068 87,166 
Selling, general and administrative54,876 36,300 9,773 
Research and development9,726 6,795 
Adjusted operating income88,680 24,834 
Noncash items:
Depreciation and amortization11,942 6,423 220 18,585 
Pension (income) expense(4,695)931 — (3,764)
Total assets1,587,038 958,479 8,060 2,553,577 
Capital expenditures6,873 4,831 282 11,986 
(a) Corporate/Reconciling items consist primarily of corporate expenses and other items not directly attributable to reportable segments.
(b) Negative Corporate and reconciling items assets driven primarily by bank overdrafts under our notional cash pooling
arrangement. Refer to Note 3—Cash and Cash Equivalents for further details.
(In thousands)AmericasInternational
Corporate/Reconciling
Items(a)
Consolidated
Totals
Nine Months Ended September 30, 2026
Net sales to external customers$1,004,935 $498,454 $— $1,503,389 
Less:
Cost of products sold492,170 283,277 
Selling, general and administrative175,732 121,432 38,138 
Research and development33,153 22,318 
Adjusted operating income303,880 71,427 
Noncash items:
Depreciation and amortization36,498 23,528 657 60,683 
Pension (income) expense(16,281)3,147 — (13,134)
Total assets1,725,536 1,595,986 (43,210)(b)3,278,312 
Capital expenditures25,929 8,823 2,636 37,388 
Nine Months Ended September 30, 2025
Net sales to external customers$926,649 $437,251 $— $1,363,900 
Less:
Cost of products sold475,751 247,395 
Selling, general and administrative161,039 106,136 31,718 
Research and development29,165 20,021 
Adjusted operating income260,694 63,699 
Noncash items:
Depreciation and amortization35,415 16,541 979 52,935 
Pension (income) expense(13,364)2,683 — (10,681)
Total assets1,587,038 958,479 8,060 2,553,577 
Capital expenditures23,228 8,830 20,046 52,104 
(a) Corporate/Reconciling items consist primarily of corporate expenses and other items not directly attributable to reportable segments.
(b) Negative Corporate and reconciling items assets driven primarily by bank overdrafts under our notional cash pooling
arrangement. Refer to Note 3—Cash and Cash Equivalents for further details.
A reconciliation of total Adjusted operating income from reportable segments to Income before income taxes is presented in the following table:
Three Months Ended September 30,Nine Months Ended September 30,
(In thousands)2026202520262025
Adjusted operating income from reportable segments$128,494 $113,514 $375,307 $324,393 
Less:
Corporate expenses13,564 9,773 38,138 31,718 
Restructuring charges (Note 4) 1,780 58 6,318 2,470 
Currency exchange losses, net1,876 3,875 3,971 13,237 
Interest expense13,759 8,416 29,413 23,368 
Other income, net(7,478)(6,562)(22,538)(18,585)
Acquisition-related amortization8,072 3,595 14,841 9,033 
Transaction and digital transformation costs(a)
14,967 1,903 18,831 10,002 
Income before income taxes$81,954 $92,456 $286,333 $253,150 
(a) Transaction and digital transformation costs include advisory, legal, accounting, valuation, and other professional or consulting fees incurred during our evaluation of or in connection with acquisitions and divestitures as well as costs associated with strategic digital transformation efforts. These costs are included in Selling, general and administrative expense in the unaudited Condensed Consolidated Statements of Income.
Percentage of Total Sales by Product Group
Total sales by product group was as follows:
Three Months Ended September 30, 2026ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Detection (a)
$233,935 44%$130,107 38%$103,828 52%
Fire Service (b)
173,214 32%119,179 35%54,035 27%
Industrial PPE and Other (c)
129,281 24%88,960 27%40,321 21%
Total$536,430 100%$338,246 100%$198,184 100%
Three Months Ended September 30, 2025ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Detection (a)
$191,188 41%$124,111 40%$67,077 43%
Fire Service (b)
158,654 34%109,497 35%49,157 32%
Industrial PPE and Other (c)
118,603 25%79,742 25%38,861 25%
Total$468,445 100%$313,350 100%$155,095 100%
Nine Months Ended September 30, 2026ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Detection (a)
$616,154 41%$392,710 39%$223,444 45%
Fire Service (b)
494,378 33%343,514 34%150,864 30%
Industrial PPE and Other (c)
392,857 26%268,711 27%124,146 25%
Total$1,503,389 100%$1,004,935 100%$498,454 100%
Nine Months Ended September 30, 2025ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Detection (a)
$546,094 40%$361,176 39%$184,918 42%
Fire Service (b)
472,576 35%326,220 35%146,356 33%
Industrial PPE and Other (c)
345,230 25%239,253 26%105,977 25%
Total$1,363,900 100%$926,649 100%$437,251 100%
(a) Detection includes Fixed Gas and Flame Detection and Portable Gas Detection. Detection includes sales from the M&C TechGroup acquisition from May 6, 2025, onward (Americas and International) and sales from the Autronica Fire and Security acquisition from July 9, 2026 onward (Americas and International). Refer to Note 15—Acquisitions for further information.
(b) Fire Service includes Breathing Apparatus and Firefighter Helmets and Protective Apparel.
(c) Industrial PPE and Other includes Industrial Head Protection, Fall Protection and other.