Company: NPO
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001164863-25-000009
Chunk: 302

Company: Enpro Inc.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1A
Chunk 302
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1 Other Operating consists primarily of restructuring and other impairment related expenses.Years Ended December 31,202420232022(in millions)Reconciliation of income from continuing operations before income taxes to Adjusted Segment EBITDAIncome from continuing operations before income taxes$94.4 $37.7 $28.3 Acquisition and divestiture expenses4.3 1.1 0.5 Non-controlling interest compensation allocation— (0.3)(0.6)Amortization of fair value adjustment to acquisition date inventory1.7 — 13.3 Restructuring and impairment expense5.8 4.0 1.9 Depreciation and amortization expense100.3 94.3 102.8 Corporate expenses46.4 51.1 48.7 Interest expense, net34.5 30.1 33.9 Goodwill impairment— 60.8 65.2 Other expense (income), net13.4 9.0 10.0 Adjusted Segment EBITDA$300.8 $287.8 $304.0 In the table above, corporate expenses include general corporate administrative costs. Expenses not directly attributable to the segments, corporate expenses, net interest expense, and income taxes are not included in the computation of Adjusted Segment EBITDA

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Years Ended December 31,202420232022(in millions)Net Sales by Geographic AreaUnited States$601.7 $640.3 $687.4 Europe152.4 149.6 139.7 Other foreign294.6 269.4 272.1 Total$1,048.7 $1,059.3 $1,099.2 Net sales are attributed to countries based on location of the customer.Due to the diversified nature of our business and the wide array of products that we offer, we sell into a number of end markets. Underlying economic conditions within these markets are a major driver of our segments' sales performance.  Below is a summary of our third-party sales by major end market with which we did business for the years ended December 31, 2024,  2023 and 2022:Year Ended December 31, 2024(in millions)Sealing TechnologiesAdvanced Surface TechnologiesTotalAerospace$58.0 $13.8 $71.8 Chemical and material processing85