Company: NPO
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001164863-25-000030
Chunk: 14

Company: Enpro Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 14
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3.5 Amortization of the fair value adjustment to acquisition date inventory— — — 1.7 Restructuring expense (income), net(0.2)0.6 0.5 1.1 Depreciation and amortization expense25.2 25.2 50.4 49.8 Corporate expenses12.1 10.5 23.4 22.7 Interest expense, net7.5 9.5 15.5 17.7 Other expense2.7 2.1 4.2 7.6 Adjusted Segment EBITDA$83.1 $84.5 $162.3 $154.8 

We measure operating performance of our reportable segments based on segment earnings before interest, income taxes, depreciation, amortization, and other selected items ("Adjusted Segment EBITDA" or "Segment AEBITDA"), which is segment revenue reduced by operating expenses and other costs identifiable with the segment, excluding acquisition expenses, restructuring costs, net of gains on restructuring-related sales of assets, amortization of the fair value adjustment to acquisition date inventory, and depreciation and amortization. Adjusted Segment EBITDA is not defined under GAAP and may not be comparable to similarly titled measures used by other companies. Corporate expenses include general corporate administrative costs. Segment non-operating expenses and income, corporate expenses, net interest expense, and income taxes are not included in the computation of Adjusted Segment EBITDA. The accounting policies of the reportable segments are the same as those for Enpro.

Other expense in the table above represents other expense (non-operating) on our Consolidated Statements of Operations for the respective periods presented.

26

Second Quarter of 2025 Compared to the Second Quarter of 2024

Sales of $288.1 million in the second quarter of 2025 increased 6.0% from $271.9 million last year. The following table summarizes the impact of foreign currency on segment sales:

SalesPercent Change Quarter Ended June 30, 2025 vs. Quarter Ended June 30, 2024increase/(decrease)OrganicForeignCurrencyTotalEnpro Inc.5.6 %0.4 %6.0 %Sealing Technologies1.5 %0.4 %1.9 %Advanced Surface Technologies14.5 %— %14.5 %

Discussion of year-over-year