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Segment Information (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of Reportable Segment Information
Reportable segment information is presented in the following table:
(In thousands)AmericasInternationalCorporate
Reconciling
Items(a)
Consolidated
Totals
2023
Net sales to external customers$1,235,594 $552,053 $— $— $1,787,647 
Operating income231,320 
Restructuring charges (Note 3)9,892 
Currency exchange losses, net17,079 
Loss on divestiture of MSA LLC (Note 20)129,211 
Product liability expense (Note 20)
Amortization of acquisition-related intangible assets9,246 
Transaction costs(b)
965 
Adjusted operating income (loss)359,617 89,699 (51,600)397,716 
Adjusted operating margin %29.1 %16.2 %
Depreciation and amortization36,979 13,705 843 51,527 
Adjusted EBITDA396,596 103,404 (50,757)449,243 
Adjusted EBITDA margin %32.1 %18.7 %
Noncash items:
Pension (income) expense$(11,873)$3,958 $(7,915)
Total Assets1,433,244 734,856 320 1,730 2,170,150 
Capital expenditures28,011 13,341 1,412 — 42,764 
2022
Net sales to external customers$1,043,238 $484,715 $— $— $1,527,953 
Operating income239,137 
Restructuring charges (Note 3)7,965 
Currency exchange losses, net10,255 
Product liability expense (Note 20)20,590 
Amortization of acquisition-related intangible assets9,207 
Transaction costs(b)
3,233 
Adjusted operating income (loss)267,392 60,923 (37,928)— 290,387 
Adjusted operating margin %25.6 %12.6 %
Depreciation and amortization34,334 12,256 520 — 47,110 
Adjusted EBITDA301,726 73,179 (37,408)— 337,497 
Adjusted EBITDA margin %28.9 %15.1 %
Noncash items:
Pension (income) expense$(18,368)$6,869 $— $— $(11,499)
Total Assets1,660,776 703,444 11,673 1,083 2,376,976 
Capital expenditures33,324 9,229 — — 42,553 
2021
Net sales to external customers$908,068 $492,114 $— $— $1,400,182 
Operating income22,780 
Restructuring charges (Note 3)16,433 
Currency exchange losses, net216 
Product liability expense (Note 20)185,264 
Amortization of acquisition-related intangible assets8,764 
Transaction costs(b)
7,120 
Adjusted operating income (loss)202,496 73,279 (35,198)240,577 
Adjusted operating margin %22.3 %14.9 %
Depreciation and amortization31,236 13,718 463 — 45,417 
Adjusted EBITDA233,732 86,997 (34,735)— 285,994 
Adjusted EBITDA margin %25.7 %17.7 %
Noncash items:
Pension (income) expense$(2,916)$5,790 $— $— $2,874 
Total Assets1,661,619 720,257 13,034 1,486 2,396,396 
Capital expenditures25,148 11,408 7,281 — 43,837 
(a)Reconciling items consist primarily of intercompany eliminations and items not directly attributable to operating segments.
(b)Transaction costs include advisory, legal, accounting, valuation, and other professional or consulting fees incurred during acquisitions and divestitures. These costs are included in Selling, general and administrative expense in the Consolidated Statements of Income
Schedule of Geographic Information on Net Sales
Geographic information on Net sales to external customers, based on country of origin:
(In thousands)202320222021
United States$1,036,521 $876,945 $746,825 
Other751,126 651,008 653,357 
Total$1,787,647 $1,527,953 $1,400,182 
Schedule of Geographic Information on Tangible Long-Lived Assets
Geographic information on tangible long-lived assets, net, based on country of origin:
(In thousands)202320222021
United States$156,937 $159,345 $155,667 
Other108,238 92,349 102,304 
Total$265,175 $251,694 $257,971 
Schedule of Net Sales by Product Group
Total Net sales by product portfolio was as follows:
2023ConsolidatedAmericasInternational
(In thousands)DollarsPercentDollarsPercentDollarsPercent
Firefighter Safety (a)
$684,224 38%$501,676 41%$182,548 33%
Detection (b)
634,915 36%419,312 34%215,603 39%
Industrial PPE and Other (c)
468,508 26%314,606 25%153,902 28%
Total$1,787,647 100%$1,235,594 100%$552,053 100%
2022ConsolidatedAmericasInternational
(In thousands)DollarsPercentDollarsPercentDollarsPercent
Firefighter Safety (a)
$578,935 38%$416,427 40%$162,508 34%
Detection (b)
529,735 35%349,543 34%180,192 37%
Industrial PPE and Other (c)
419,283 27%277,268 26%142,015 29%
Total$1,527,953 100%$1,043,238 100%$484,715 100%
2021ConsolidatedAmericasInternational
(In thousands)DollarsPercentDollarsPercentDollarsPercent
Firefighter Safety (a)
$526,326 38%$354,426 39%$171,900 35%
Detection (b)
461,779 33%292,058 32%169,721 34%
Industrial PPE and Other (c)
412,077 29%261,584 29%150,493 31%
Total$1,400,182 100%$908,068 100%$492,114 100%
(a) Firefighter Safety includes Breathing Apparatus and Firefighter Helmets and Protective Apparel, and includes sales from the Bristol acquisition from January 25, 2021 onward (International).
(b) Detection includes Fixed Gas and Flame Detection and Portable Gas detection, and includes sales from the Bacharach acquisition from July 1, 2021 onward (Americas and International).
(c) Industrial PPE and Other includes Industrial Head Protection, Fall Protection and Non-Core.