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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net sales $ 1,606.9 $ 1,493.9
Cost of goods sold 1,408.4 1,333.3
Gross profit 198.5 160.6
Selling, general and administrative expenses 98.3 98.3
Amortization of intangible assets 20.7 21.4
Restructuring and acquisition-related costs 2.5 4.8
Operating income 77.0 36.1
Interest expense (49.0) (50.5)
Interest income 8.3 5.9
Unrealized gain (loss) on equity securities 0.1 (0.3)
Other income (expense), net 0.0 3.7
Income (loss) before income taxes 36.4 (5.1)
Income tax expense 15.9 0.0
Net income (loss) $ 20.5 $ (5.1)
Basic earnings (loss) per share $ 0.17 $ (0.04)
Diluted earnings (loss) per share $ 0.17 $ (0.04)