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Supplemental Financial Information (Tables)
 6 Months Ended
Jun. 30, 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 EndedSix Months Ended
(Dollars in millions)June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Restructuring charges
Manufacturing footprint consolidation$3.6 $0.4 $7.6 $0.4 
Global workforce reduction0.7 — 2.5 — 
Facility consolidations— 0.1 0.1 0.2 
R&D facility exit— 0.9 — 0.9 
Total restructuring charges4.3 1.4 10.2 1.5 
Impairment charges
Goodwill impairment67.3 — 67.3 — 
Other intangible assets impairment4.5 — 4.5 — 
Total impairment charges71.8 — 71.8 — 
Total restructuring and impairment charges$76.1 $1.4 $82.0 $1.5 
The following table summarizes the allocation of restructuring and impairment charges to our operating segments:
Three Months EndedSix Months Ended
(Dollars in millions)June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Advanced Electronics Solutions
Allocated restructuring charges$3.8 $1.0 $8.5 $1.1 
Allocated impairment charges71.8 — 71.8 
Elastomeric Material Solutions
Allocated restructuring charges0.5 0.4 1.7 0.4 
Allocated impairment charges— — — — 
Total restructuring and impairment charges$76.1 $1.4 $82.0 $1.5 
Schedule of Severance Activity
Severance and related benefits activity related to the manufacturing footprint consolidation plan is presented in the table below for the six months ended June 30, 2025:
(Dollars in thousands)
Manufacturing Footprint Consolidation Restructuring Severance and Related Benefits
Balance as of December 31, 2024$9.2 
Provisions6.1 
Payments(3.9)
Foreign currency translation adjustment1.5 
Balance as of June 30, 2025$12.9 
Schedule of Other Nonoperating Income (Expense)
The components of the “Other income (expense), net” line item in the condensed consolidated statements of operations, were as follows:
Three Months EndedSix Months Ended
(Dollars in millions)June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Foreign currency translation impacts$(1.9)$0.3 $(3.2)$0.8 
Foreign currency derivative impacts(0.2)(0.3)(0.4)(0.4)
Copper derivative impacts(0.1)0.4 0.1 0.4 
Other— (0.1)(0.3)(0.1)
Total other income (expense), net$(2.2)$0.3 $(3.8)$0.7 
Schedule of Components of Interest Income (Expense), Net
The components of “Interest income (expense), net” line item in the condensed consolidated statements of operations, were as follows:
Three Months EndedSix Months Ended
(Dollars in millions)June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Interest on revolving credit facility$— $— $— $(0.5)
Line of credit fees(0.3)(0.3)(0.6)(0.6)
Debt issuance amortization costs(0.1)(0.1)(0.2)(0.2)
Interest income0.8 0.2 1.6 0.3 
Other— — (0.1)— 
Total interest income (expense), net$0.4 $(0.2)$0.7 $(1.0)