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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net income $ 226,500,000 $ 262,500,000
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Gain on sale of business 0 (4,600,000)
Asset impairments 600,000 0
Depreciation 37,400,000 32,500,000
Amortization of intangible assets 63,500,000 48,500,000
Share-based compensation expense 18,800,000 16,900,000
Deferred income taxes 1,600,000 400,000
Changes in (net of the effect from acquisitions/divestitures and foreign currency translation):    
Receivables – net 1,600,000 (11,900,000)
Inventories – net (45,600,000) (19,800,000)
Other current assets (21,800,000) (12,200,000)
Trade accounts payable (700,000) 300,000
Deferred revenue 6,400,000 300,000
Accrued expenses (22,400,000) (21,900,000)
Other – net 1,500,000 (800,000)
Net cash flows provided by operating activities 267,400,000 290,200,000
Cash flows from investing activities    
Capital expenditures (29,100,000) (35,900,000)
Acquisition of business, net of cash acquired 4,200,000 1,600,000
Proceeds from sale of business, net of cash remitted 0 45,500,000
Other – net 400,000 500,000
Net cash flows (used in) provided by investing activities (24,500,000) 11,700,000
Cash flows from financing activities    
Borrowings under revolving credit facilities 50,000,000.0 0
Payment of long-term borrowings (100,000,000.0) (25,000,000.0)
Payments under revolving credit facilities (92,700,000) 0
Cash dividends paid to shareholders (105,900,000) (100,700,000)
(Payments) proceeds from share issuances, net of shares withheld for taxes (200,000) 7,900,000
Repurchases of common stock (100,000,000.0) 0
Other – net (400,000) (400,000)
Net cash flows used in financing activities (349,200,000) (118,200,000)
Effect of exchange rate changes on cash and cash equivalents 37,400,000 (17,300,000)
Net (decrease) increase in cash and cash equivalents and restricted cash (68,900,000) 166,400,000
Cash and cash equivalents and restricted cash at beginning of year [1] 638,900,000 534,300,000
Cash and cash equivalents and restricted cash at end of period [1] 570,000,000.0 700,700,000
Cash paid for:    
Interest 36,700,000 23,000,000.0
Income taxes – net $ 83,400,000 $ 84,600,000
[1] Includes $1.8 million and $18.1 million of restricted cash at June 30, 2025 and December 31, 2024, respectively. At June 30, 2025, $1.4 million of the restricted cash has been included in Other current assets and $0.4 million has been included in Other noncurrent assets in the Condensed Consolidated Balance Sheets. At December 31, 2024, $18.1 million was included in Other current assets in the Condensed Consolidated Balance Sheets. There was no restricted cash as of June 30, 2024 or December 31, 2023.