Company: NGVT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001653477-25-000108
Chunk: 119

Company: Ingevity Corp
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 119
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72.3 North Charleston plant transition— 3.1 — 3.6 Other (income) charges, net$— $3.1 $— $3.6 Restructuring and other (income) charges, net (1)$21.9 $13.1 $34.2 $75.9 _______________(1) See Note 11 for more information. 

Goodwill impairment charge

Three and Six Months Ended June 30, 2025 vs. 2024 

Goodwill impairment charge of $183.8 million for the three and six months ended June 30, 2025 within our Advanced Polymer Technologies reportable segment. Goodwill impairment charge of $349.1 million for the three and six months ended June 30, 2024 within our Performance Chemicals reportable segment. See Note 7 for more information.

Acquisition-related costs

Three and Six Months Ended June 30, 2025 vs. 2024 

Acquisition-related (income) costs were zero for the three and six months ended June 30, 2025, and $(0.2) million and $0.1 million for the three and six months ended June 30, 2024, respectively. All charges relate to the integration of Ozark Materials into our Performance Chemicals reportable segment. 

Other (income) expense, net

Three and Six Months Ended June 30, 2025 vs. 2024Three Months Ended June 30,Six Months Ended June 30,In millions2025202420252024Foreign currency transaction (gain) loss $(0.1)$0.7 $(1.5)$2.1 Loss on CTO resales (1)— 23.5 — 50.0 (Gain) loss on strategic investments (2)2.5 (0.1)2.5 4.7 Proxy contest charges (3)0.3 — 8.2 — Other (income) expense, net1.6 (0.2)(0.8)(0.7)Total Other (income) expense, net$4.3 $23.9 $8.4 $56.1 _______________

(1) See Notes 11 and 14 for more information.

(2) See Note 4 for more information.

(3) See Note 14 for more information.

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