Acquisitions (Tables)

12 Months Ended

Dec. 31, 2024

Business Acquisition [Line Items]

Schedule of Business Acquisitions

The following table summarizes aggregate unaudited as reported and pro forma information assuming the acquisitions of Zahner and 3form had occurred on January 1, 2022. The unaudited pro forma results include the depreciation and amortization associated with the acquired assets. The unaudited pro forma results do not include any expected benefits from the Zahner and 3form acquisitions. Accordingly, the unaudited pro forma results are not necessarily indicative of either future results of operations or results that might have been achieved had the acquisitions been consummated as of January 1, 2022.

	2024		2023		2022
Net sales, pro forma	$	1,586.2	$	1,425.2	$	1,365.9
Net sales, as reported		1,445.7		1,295.2		1,233.1
Earnings from continuing operations before income taxes, pro forma		352.8		300.2		254.4
Earnings from continuing operations before income taxes, as reported		347.1		298.3		257.6

For the year ended December 31, 2024, net sales of $69.6 million and operating income of $3.0 million, including $6.5 million of depreciation and amortization, from Zahner and 3form were included in our Consolidated Statements of Operations and Comprehensive Income since the acquisition dates.

Zahner [Member]

Business Acquisition [Line Items]

Schedule of Preliminary Fair Values of Identifiable Intangible Assets Acquired and Estimated Useful Lives

The following table summarizes the preliminary fair values of identifiable intangible assets acquired, and their estimated useful lives:

	Fair Value at Acquisition Date		Estimated Useful Life
Trademarks and brand names	$	5.8	15 years
Developed technology		5.8	11 years
Trade secrets		5.3	15 years
Non-compete agreements		4.9	5 years
Customer relationships		1.2	9 years
Backlog		0.5	2 years
Total identifiable intangible assets	$	23.5

Three Form [Member]

Business Acquisition [Line Items]

Schedule of Preliminary Fair Values of Identifiable Intangible Assets Acquired and Estimated Useful Lives

The following table summarizes the fair values of identifiable intangible assets acquired, and their estimated useful lives:

	Fair Value at Acquisition Date		Estimated Useful Life
Trademarks and brand names	$	11.6	15 years
Customer relationships		10.2	5 years
Developed technology		6.2	10 - 16 years
Non-compete agreements		5.1	5 years
Software		4.1	5 years
Backlog		0.4	1 year
Total identifiable intangible assets	$	37.6