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Goodwill and Purchased Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Gross Goodwill and Other Purchased Intangible Assets

(In millions)

 

Composite
Materials

 

 

Engineered
Products

 

 

Total

 

Balance as of December 31, 2022

 

$

86.9

 

 

$

169.1

 

 

$

256.0

 

Amortization expense

 

 

(1.8

)

 

 

(5.0

)

 

 

(6.8

)

Currency translation adjustments and other

 

 

2.1

 

 

 

 

 

 

2.1

 

Balance as of December 31, 2023

 

$

87.2

 

 

$

164.1

 

 

$

251.3

 

Amortization expense

 

 

(1.8

)

 

 

(5.0

)

 

 

(6.8

)

Intangible Asset Impairment

 

 

 

 

 

(5.2

)

 

 

(5.2

)

Currency translation adjustments and other

 

 

(2.3

)

 

 

 

 

 

(2.3

)

Balance as of December 31, 2024

 

$

83.1

 

 

$

153.9

 

 

$

237.0

 

Schedule of Amortization Related to Definite Lived Intangible Assets Amortization related to the definite lived intangible assets for the next five years and thereafter is as follows:

 

(In millions)

 

 

 

2025

 

$

5.5

 

2026

 

 

5.5

 

2027

 

 

5.4

 

2028

 

 

5.0

 

2029

 

 

5.0

 

Thereafter

 

 

19.8

 

Total

 

$

46.2