v3.25.4
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting Information, Revenue for Reportable Segment [Abstract]  
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]
The following tables summarize information as to the Company's operations in different geographic areas:
(in thousands)202520242023
Net sales:
United States$206,190 $171,192 $206,263 
Americas (excluding the United States)67,138 95,513 100,364 
Asia Pacific31,923 57,581 66,214 
Europe, Middle East, Africa198,883 214,496 247,659 
Total$504,134 $538,782 $620,500 
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]
 December 31,
(in thousands)20252024
Long-lived assets (a):
United States$167,371 $182,087 
Mexico104,215 109,020 
Brazil3,737 3,451 
France94,393 84,059 
Spain119,918 103,734 
Other countries296 348 
Total$489,930 $482,699 
(a)Long-lived assets represent fixed assets, net of accumulated depreciation.
Schedule of Segment Reporting Information, by Segment
The following table presents selected financial information with respect to the Company’s single operating segment for the years ended December 31, 2025, 2024 and 2023:
(in thousands)202520242023
Net sales$504,134 $538,782 $620,500 
Cash cost of goods sold(1)
415,760 442,699 507,233 
Other segment expenses85,736 91,058 64,624 
Lower of cost or market inventory valuation adjustment18,315 24,878 12,431 
Research and development6,475 5,706 5,520 
Selling and administrative expenses54,914 46,510 74,012 
Rationalization expenses— 3,156 — 
Goodwill impairment charges— — 171,117 
Other (income) expense, net(4,049)(1,569)4,679 
Interest expense104,057 85,313 58,087 
Interest income(6,632)(5,701)(3,439)
Income tax expense (benefit)49,393 (22,103)(18,514)
Net loss$(219,835)$(131,165)$(255,250)
(1)     Cash cost of goods sold is defined as cost of goods sold less depreciation and amortization and less cost of goods sold associated with the portion of our sales that consist of deliveries of by-products of the manufacturing processes, and is the significant expense the chief operating decision maker uses to evaluate segment expenses.