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Other (expense) income, net
9 Months Ended
Sep. 30, 2025
Other Income and Expenses [Abstract]  
Other (expense) income, net Other (Expense) Income, net
The components of Other (expense) income, net are as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
Non-income tax refunds and other related credits$2,597$732$2,897$3,755
(Loss) gain on disposals of property, plant, equipment and other assets, net(57)(56)2,051861
Foreign exchange losses, net(2,500)(949)(7,101)(2,124)
Pension and postretirement benefit costs, non-service components(469)(469)(1,351)(1,398)
Business interruption insurance proceeds1,0001,000
Product liability claim costs, net— — (896)
Earnout liability adjustment794 400 454400
Interest income579 — 1,991
Multiemployer plan withdrawal charge(923)(923)
Other non-operating (loss) income, net(291)125 350687
  Total other (expense) income, net$(270)$783 $(1,632)$2,285
Non-income tax refunds and other related credits includes $1.8 million of indirect tax credits and interest received during the three and nine months ended September 30, 2025 relating to the Brazil Supreme Court ruling in regard to certain non-income (indirect) taxes that have been previously charged and paid.
(Loss) gain on disposals of property, plant, equipment and other assets, net, includes the gain of $2.2 million recognized for the sale of certain property previously classified as held for sale during the nine months ended September 30, 2025. See Note 7, Restructuring and Related Activities, for more information.
Foreign exchange losses, net includes a $1.4 million foreign exchange loss, respectively, during the nine months ended September 30, 2025 relating to the change in fair value of the foreign exchange forward contracts entered into in connection with the acquisition of Dipsol. See Note 17, Hedging Activities, for more information.
Business interruption insurance proceeds during the three and nine months ended September 30, 2024 reflects an insurance recovery of $1.0 million related to production losses due to an electrical fire in 2021 that resulted in temporary shutdown of production at one of the Company’s production facilities. See Note 18, Commitments and Contingencies, for additional discussion regarding the Company’s business interruption claims.
Product liability claim costs, net represents expense related to a payment by the Company in connection with a product liability dispute with a customer, net of insurance recoveries during the nine months ended September 30, 2024.
Multiemployer plan withdrawal charge during the three and nine months ended September 30, 2025 represents a $0.9 million expense related to the Company withdrawing from the Cleveland Bakers and Teamsters Pension Fund, a multiemployer defined benefit pension plan, in connection with a site closure under the Company’s restructuring program and facility closure actions.