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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill for the period ending December 31, 2023, by operating segment, were as follows:
(Dollars in millions)Advanced Electronics SolutionsElastomeric Material SolutionsOtherTotal
December 31, 2022$115.4 $234.8 $2.2 $352.4 
Foreign currency translation adjustment2.3 5.1 — 7.4 
December 31, 2023$117.7 $239.9 $2.2 $359.8 
Schedule of Intangible Assets
The carrying amount of other intangible assets were as follows:
December 31, 2023December 31, 2022
(Dollars in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer relationships$177.9 $90.0 $87.9 $178.6 $85.6 $93.0 
Technology77.4 58.1 19.3 82.4 59.1 23.3 
Trademarks and trade names19.4 7.4 12.0 19.1 6.6 12.5 
Covenants not to compete1.3 0.9 0.4 1.9 1.2 0.7 
Total definite-lived other intangible assets276.0 156.4 119.6 282.0 152.5 129.5 
Indefinite-lived other intangible asset4.3  4.3 4.2 — 4.2 
Total other intangible assets$280.3 $156.4 $123.9 $286.2 $152.5 $133.7 
Schedule of Weighted Average Amortization Period, by Intangible Asset Class
The weighted average amortization period as of December 31, 2023, by definite-lived other intangible asset class, is presented in the table below:
Definite-Lived Other Intangible Asset ClassWeighted Average Remaining Amortization Period
Customer relationships7.4 years
Technology3.3 years
Trademarks and trade names10.0 years
Covenants not to compete0.5 years
Total definite-lived other intangible assets7.0 years