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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the net carrying amount of goodwill by operating segment were as follows:
(Dollars in millions)Advanced Electronics SolutionsElastomeric Material SolutionsOtherTotal
December 31, 2024$113.6 $241.8 $2.2 $357.6 
Foreign currency translation adjustment2.6 3.2 — 5.8 
March 31, 2025$116.2 $245.0 $2.2 $363.4 
Schedule of Intangible Assets
The carrying amount of other intangible assets were as follows:
March 31, 2025December 31, 2024
(Dollars in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer relationships$177.9 $98.6 $79.3 $175.9 $96.1 $79.8 
Technology76.9 62.5 14.4 75.6 60.6 15.0 
Trademarks and trade names19.5 7.9 11.6 19.1 7.7 11.4 
Total definite-lived other intangible assets274.3 169.0 105.3 270.6 164.4 106.2 
Indefinite-lived other intangible asset4.3  4.3 4.1 — 4.1 
Total other intangible assets$278.6 $169.0 $109.6 $274.7 $164.4 $110.3 
The amortization expense related to other intangible assets was as follows:
Three Months Ended
(Dollars in millions)March 31, 2025March 31, 2024
Amortization expense$2.7 $3.1 
Schedule of Weighted Average Amortization Period, by Intangible Asset Class
The weighted average amortization period as of March 31, 2025, by definite-lived other intangible asset class, is presented in the table below:
Weighted Average Remaining Amortization Period
Customer relationships6.9 years
Technology3.0 years
Trademarks and trade names9.2 years
Total definite-lived other intangible assets6.6 years