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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2025
Bonded Logic  
Acquisitions  
Summary of Consideration Transferred and the Allocation of the Consideration to Acquired Assets and Assumed Liabilities The following table summarizes the consideration transferred to acquire Bonded Logic and the preliminary allocation of the purchase price among the assets acquired and liabilities assumed based upon their acquisition date fair values with the remainder allocated to goodwill. The fair values are preliminary and subject to change pending receipt of the final valuation for all acquired assets and liabilities.
Preliminary AllocationMeasurement Period AdjustmentsPreliminary Allocation
(in millions)As of
6/30/2025		As of
12/31/2025
Total cash consideration transferred$60.7 $0.7 $61.4 
Recognized amounts of identifiable assets acquired and liabilities assumed:
Receivables, net3.2 — 3.2 
Inventories5.0 (0.4)4.6 
Other current assets0.1 (0.1)— 
Property, plant and equipment13.5 — 13.5 
Definite-lived intangible assets9.0 — 9.0 
Other long-term assets10.2 — 10.2 
Accounts payable(3.3)— (3.3)
Other current liabilities(5.2)2.4 (2.8)
Other long-term liabilities(7.7)— (7.7)
Total identifiable net assets24.8 1.9 26.7 
Goodwill$35.9 $(1.2)$34.7 
ThermaFoam  
Acquisitions  
Summary of Consideration Transferred and the Allocation of the Consideration to Acquired Assets and Assumed Liabilities The following table summarizes the consideration transferred to acquire ThermaFoam and the preliminary allocation of the purchase price among the assets acquired and liabilities assumed based upon their acquisition date fair values with the remainder allocated to goodwill. The fair values are preliminary and subject to change pending receipt of the final valuation for all acquired assets and liabilities.
Preliminary AllocationMeasurement Period AdjustmentsPreliminary Allocation
(in millions)As of
2/3/2025		As of
12/31/2025
Total cash consideration transferred$52.9 $0.8 $53.7 
Recognized amounts of identifiable assets acquired and liabilities assumed:
Receivables, net2.7 0.2 2.9 
Inventories1.4 — 1.4 
Other current assets0.1 — 0.1 
Property, plant and equipment8.8 — 8.8 
Definite-lived intangible assets6.7 — 6.7 
Accounts payable(0.9)0.1 (0.8)
Other current liabilities(0.6)0.3 (0.3)
Total identifiable net assets18.2 0.6 18.8 
Goodwill$34.7 $0.2 $34.9 
Summary of Acquired Definite-lived Intangible Assets
The preliminary fair values and weighted average useful lives of the acquired definite-lived intangible assets are as follows:
(in millions)Fair ValueWeighted Average Useful Life (in years)
Customer relationships$6.5 9
Other intangibles0.2 5
Total$6.7 
PFB Holdco, Inc  
Acquisitions  
Summary of Consideration Transferred and the Allocation of the Consideration to Acquired Assets and Assumed Liabilities The following table summarizes the consideration transferred to acquire PFB and the allocation of the purchase price among the assets acquired and liabilities assumed based upon their acquisition date fair values with the remainder allocated to goodwill.
Preliminary AllocationMeasurement Period AdjustmentsFinal Allocation
(in millions)As of
12/18/2024		As of
12/17/2025
Total cash consideration transferred$268.9 $(2.4)$266.5 
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and cash equivalents6.4 — 6.4 
Receivables, net9.6 — 9.6 
Inventories14.5 — 14.5 
Prepaid expenses and other current assets6.6 (2.8)3.8 
Property, plant and equipment31.7 (0.3)31.4 
Definite-lived intangible assets112.8 11.5 124.3 
Other long-term assets46.1 3.3 49.4 
Accounts payable(4.6)0.7 (3.9)
Accrued and other current liabilities(27.8)16.1 (11.7)
Deferred income taxes(27.9)(2.2)(30.1)
Other long-term liabilities(43.5)(7.4)(50.9)
Total identifiable net assets123.9 18.9 142.8 
Goodwill$145.0 $(21.3)$123.7 
Summary of Acquired Definite-lived Intangible Assets
The fair values and weighted average useful lives of the acquired definite-lived intangible assets are as follows:
(in millions)Fair ValueWeighted Average Useful Life (in years)
Customer relationships$81.5 11
Trade names15.0 15
Technologies27.8 11
Total$124.3 
MTL Holdings LLC  
Acquisitions  
Summary of Consideration Transferred and the Allocation of the Consideration to Acquired Assets and Assumed Liabilities The following table summarizes the consideration transferred to acquire MTL and the allocation of the purchase price among the assets acquired and liabilities assumed based upon their acquisition date fair values with the remainder allocated to goodwill.
Preliminary AllocationMeasurement Period AdjustmentsFinal Allocation
(in millions)As of
5/1/2024		As of
4/30/2025
Total cash consideration transferred $423.1 $1.5 $424.6 
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and cash equivalents10.3 — 10.3 
Receivables, net14.0 — 14.0 
Inventories17.2 (0.4)16.8 
Prepaid expenses and other current assets0.9 — 0.9 
Property, plant and equipment10.7 (0.3)10.4 
Definite-lived intangible assets248.3 — 248.3 
Other long-term assets8.1 0.3 8.4 
Accounts payable(5.9)— (5.9)
Accrued and other current liabilities(6.1)— (6.1)
Deferred income taxes(6.9)0.4 (6.5)
Other long-term liabilities(6.7)(0.9)(7.6)
Total identifiable net assets283.9 (0.9)283.0 
Goodwill$139.2 $2.4 $141.6 
Summary of Acquired Definite-lived Intangible Assets
The fair values and weighted average useful lives of the acquired definite-lived intangible assets are as follows:
(in millions)Fair ValueWeighted Average Useful Life (in years)
Customer relationships$183.1 13
Trade names44.6 19
Technologies18.1 11
Software2.5 5
Total$248.3