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Business Segments (Tables)
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Schedule of information about the performance of the Company's reportable segments, sales and total assets
The following table presents information about the performance of the Company’s reportable segments for the years ended December 31, 2025, 2024 and 2023.
AmericasEMEAAsia/PacificTotals
2025
Net sales (1)
$865,332 $548,110 $475,192 $1,888,634 
Significant segment expenses
Product costs (2) (4) (5)
429,432 293,351 251,855 974,638 
Other segment items (3)
208,331 158,119 99,114 465,564 
Segment operating earnings$227,569 $96,640 $124,223 $448,432 
2024
Net sales (1)
$882,131 $536,435 $421,120 $1,839,686 
Significant segment expenses
Product costs (2)
427,399 286,330 216,432 930,161 
Other segment items (3)
210,775 150,679 81,950 443,404 
Segment operating earnings$243,957 $99,426 $122,738 $466,121 
2023
Net sales (1)
$977,095 $571,347 $404,871 $1,953,313 
Significant segment expenses
Product costs (2)
497,690 318,279 209,422 1,025,391 
Other segment items (3)
213,369 148,257 76,991 438,617 
Segment operating earnings$266,036 $104,811 $118,458 $489,305 
(1) Net sales relate to external customers only. All intersegment sales are eliminated in consolidation.
(2) Product costs include the costs of raw materials and are recorded in Cost of goods sold in the Company’s Consolidated Statements of Operations.
(3) Other operating expenses include overhead costs of operating the Company’s production facilities and providing chemical management services to customers and direct SG&A costs.
(4) Product costs includes the $6.0 million amortization of the fair value step-up in Dipsol's inventories as a result of the acquisition for the year ended December 31, 2025, which is comprised of approximately $2.6 million in the Americas segment, $3.0 million in the Asia/Pacific segment, and $0.4 million in the EMEA segment.
(5) Product costs includes a $2.9 million gain related to immaterial out-of-period adjustments for inventory for the year ended December 31, 2025, which was comprised of a $0.7 million gain in the Americas segment and a $2.2 million gain in the EMEA segment.

The following table presents a reconciliation of the Company’s segment operating earnings to income before taxes and equity in net income of associated companies in the Company’s Consolidated Statements of Operations for the years ended December 31, 2025, 2024 and 2023.
202520242023
Segment operating earnings$448,432 $466,121 $489,305 
Restructuring and related charges, net(35,130)(6,530)(7,588)
Impairment charges(88,840)— — 
Non-operating and administrative expenses(205,651)(203,956)(206,398)
Depreciation of corporate assets and amortization(65,825)(60,929)(60,824)
Operating income$52,986 $194,706 $214,495 
Other (expense) income, net(1,909)1,354 (10,672)
Interest expense(44,048)(41,002)(50,699)
Income before taxes and equity in net income of associated companies$7,029 $155,058 $153,124 
The following tables present information regarding the Company’s reportable segments’ depreciation for identifiable assets for the years ended December 31, 2025, 2024 and 2023:
Depreciation202520242023
Americas$11,770 $13,646 $12,298 
EMEA8,411 7,641 7,321 
Asia/Pacific7,447 4,608 4,214 
Total segment depreciation$27,628 $25,895 $23,833 
The following tables summarize net sales attributed to geographic regions based on the country of origin and long-lived assets attributed to geographic regions based on asset location for the years ended December 31, 2025, 2024 and 2023:
Net sales202520242023
United States$622,308 $637,755 $718,742 
China251,177 230,622 231,331 
Other foreign operations1,015,149 971,309 1,003,240 
Total net sales$1,888,634 $1,839,686 $1,953,313 
Schedule of reportable segments' long-lived assets, including certain identifiable assets
Long-lived assets202520242023
United States$241,261 $217,687 $217,834 
China57,106 32,082 24,317 
Foreign operations190,991 129,255 124,198 
Total long-lived assets$489,358 $379,024 $366,349