Supplemental Financial Information (Tables)

3 Months Ended

Mar. 31, 2025

Supplemental Income Statement Elements [Abstract]

Schedule of Restructuring and Impairment Charges

The components of the “Restructuring and impairment charges” line item in the condensed consolidated statements of operations, were as follows:

	Three Months Ended
(Dollars in millions)	March 31, 2025		March 31, 2024
Restructuring charges
Manufacturing footprint consolidation	$	4.0	$	—
Global workforce reduction	1.8		—
Facility consolidations	0.1		0.1
Total restructuring charges	5.9		0.1
Total restructuring and impairment charges	$	5.9	$	0.1

The following table summarizes the allocation of restructuring and impairment charges to our operating segments:

	Three Months Ended
(Dollars in millions)	March 31, 2025		March 31, 2024
Advanced Electronics Solutions
Allocated restructuring charges	$	4.7	$	0.1
Elastomeric Material Solutions
Allocated restructuring charges	$	1.2	$	—
Total restructuring and impairment charges	$	5.9	$	0.1

Schedule of Severance Activity

Severance and related benefits activity related to the manufacturing footprint consolidation plan is presented in the table below for the three months ended March 31, 2025:

(Dollars in thousands)	Manufacturing Footprint Consolidation Restructuring Severance and Related Benefits
Balance as of December 31, 2024	$	9.2
Provisions	3.2
Payments	(1.8)
Foreign currency translation adjustment	0.4
Balance as of March 31, 2025	$	11.0

Schedule of Other Nonoperating Income (Expense)

The components of the “Other income (expense), net” line item in the condensed consolidated statements of operations, were as follows:

	Three Months Ended
(Dollars in millions)	March 31, 2025		March 31, 2024
Foreign currency translation impacts	$	(1.3)	$	0.5
Foreign currency derivative impacts	(0.2)		(0.1)
Copper derivative impacts	0.2		—
Other	(0.3)		—
Total other income (expense), net	$	(1.6)	$	0.4

Schedule of Components of Interest Income (Expense), Net

The components of “Interest income (expense), net” line item in the condensed consolidated statements of operations, were as follows:

	Three Months Ended
(Dollars in millions)	March 31, 2025		March 31, 2024
Interest on revolving credit facility	$	—	$	(0.5)
Line of credit fees	(0.3)		(0.3)
Debt issuance amortization costs	(0.1)		(0.1)
Interest income	0.8		0.1
Other	(0.1)		—
Total interest income (expense), net	$	0.3	$	(0.8)