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Stockholders' Equity
 9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Stockholders' Equity STOCKHOLDERS’ EQUITY
Dividends
On February 18, 2022, the Company’s Board of Directors (the “Board”) declared a quarterly cash dividend of $0.09 per common share. The dividend totaled $5.5 million and was distributed on April 1, 2022 to stockholders of record at the close of business on March 18, 2022.
On April 26, 2022, the Board declared a quarterly cash dividend of $0.09 per common share. The dividend totaled $5.4 million and was distributed on June 3, 2022 to stockholders of record at the close of business on May 20, 2022.
On July 25, 2022, the Board declared a quarterly cash dividend of $0.09 per common share. The dividend totaled $5.5 million and was distributed on September 2, 2022 to stockholders of record at the close of business on August 19, 2022.
During the three and nine months ended September 30, 2021, dividends of $5.5 million and $16.5 million, respectively, were paid to stockholders.
On October 25, 2022, the Board declared a quarterly cash dividend of $0.09 per common share payable on December 2, 2022 to stockholders of record at the close of business on November 18, 2022.
Stock Repurchase Program
In March 2020, the Board authorized a stock repurchase program of up to $75.0 million of the Company’s common stock, with the remaining authorization under our previously described repurchase program adopted in 2014 being subject to the March 2020 program. The stock repurchase program is intended primarily to facilitate purchases of Company stock as a means to
provide cash returns to stockholders, enhance stockholder returns and manage the Company’s capital structure. Under its stock repurchase program, the Company is authorized to repurchase, from time to time, shares of its outstanding common stock. Stock repurchases by the Company are subject to market conditions and other factors and may be commenced, suspended or discontinued at any time.
No shares were repurchased during the three months ended September 30, 2022. During the nine months ended September 30, 2022, the Company repurchased 472,381 shares for a total of $16.1 million.
During the three and nine months ended September 30, 2021, the Company repurchased 82,754 and 87,754 shares for a total of $3.2 million and $3.4 million, respectively.
Accumulated Other Comprehensive Loss
The following tables summarize the changes in each component of Accumulated other comprehensive loss, net of tax in the three months ended September 30, 2022 and 2021:
(in millions) (a)
Actuarial LossesPrior Service CostsForeign
Currency Translation		Interest Rate SwapsTotal
Balance at July 1, 2022$(65.1)$(2.1)$(13.6)$1.8 $(79.0)
Other comprehensive income (loss) before reclassifications1.0 0.2 (11.9)1.0 (9.7)
Amounts reclassified from accumulated other comprehensive loss0.6 — — 0.1 0.7 
Net current-period other comprehensive income (loss)1.6 0.2 (11.9)1.1 (9.0)
Balance at September 30, 2022$(63.5)$(1.9)$(25.5)$2.9 $(88.0)
(in millions) (a)
Actuarial LossesPrior Service CostsForeign
Currency Translation		Interest Rate SwapsTotal
Balance at July 1, 2021$(86.6)$(2.5)$2.1 $(1.4)$(88.4)
Other comprehensive income (loss) before reclassifications0.5 — (4.2)(0.1)(3.8)
Amounts reclassified from accumulated other comprehensive loss0.8 0.1 — 0.2 1.1 
Net current-period other comprehensive income (loss)1.3 0.1 (4.2)0.1 (2.7)
Balance at September 30, 2021$(85.3)$(2.4)$(2.1)$(1.3)$(91.1)
(a)    Amounts in parentheses indicate losses.
The following tables summarize the changes in each component of Accumulated other comprehensive loss, net of tax in the nine months ended September 30, 2022 and 2021:
(in millions) (a)
Actuarial LossesPrior Service CostsForeign
Currency Translation		Interest Rate SwapsTotal
Balance at January 1, 2022$(67.9)$(2.4)$(3.4)$(0.5)$(74.2)
Other comprehensive income (loss) before reclassifications2.8 0.4 (22.1)3.0 (15.9)
Amounts reclassified from accumulated other comprehensive loss1.6 0.1 — 0.4 2.1 
Net current-period other comprehensive income (loss)4.4 0.5 (22.1)3.4 (13.8)
Balance at September 30, 2022$(63.5)$(1.9)$(25.5)$2.9 $(88.0)
(in millions) (a)
Actuarial LossesPrior Service CostsForeign
Currency Translation		Interest Rate SwapsTotal
Balance at January 1, 2021$(88.2)$(2.6)$1.3 $(2.2)$(91.7)
Other comprehensive income (loss) before reclassifications0.4 — (3.4)0.3 (2.7)
Amounts reclassified from accumulated other comprehensive loss2.5 0.2 — 0.6 3.3 
Net current-period other comprehensive income (loss)2.9 0.2 (3.4)0.9 0.6 
Balance at September 30, 2021$(85.3)$(2.4)$(2.1)$(1.3)$(91.1)
(a)    Amounts in parentheses indicate losses.
The following table summarizes the amounts reclassified from Accumulated other comprehensive loss, net of tax, in the three months ended September 30, 2022 and 2021 and the affected line item in the Condensed Consolidated Statements of Operations:
Details about Accumulated Other Comprehensive Loss Components Amount Reclassified from Accumulated Other Comprehensive LossAffected Line Item in Condensed Consolidated Statements of Operations
20222021
(in millions) (a)
Amortization of actuarial losses of defined benefit pension plans$(0.8)$(1.2)Other expense (income), net
Amortization of prior service costs of defined benefit pension plans— (0.1)Other expense (income), net
Interest rate swaps(0.2)(0.2)Interest expense
Total before tax(1.0)(1.5)
Income tax benefit0.3 0.4 Income tax expense
Total reclassifications for the period, net of tax$(0.7)$(1.1)
(a)    Amounts in parentheses indicate losses.
The following table summarizes the amounts reclassified from Accumulated other comprehensive loss, net of tax, in the nine months ended September 30, 2022 and 2021 and the affected line item in the Condensed Consolidated Statements of Operations:
Details about Accumulated Other Comprehensive Loss Components Amount Reclassified from Accumulated Other Comprehensive LossAffected Line Item in Condensed Consolidated Statements of Operations
20222021
(in millions) (a)
Amortization of actuarial losses of defined benefit pension plans$(2.2)$(3.5)Other expense (income), net
Amortization of prior service costs of defined benefit pension plans(0.1)(0.2)Other expense (income), net
Interest rate swaps(0.5)(0.7)Interest expense
Total before tax(2.8)(4.4)
Income tax benefit0.7 1.1 Income tax expense
Total reclassifications for the period, net of tax$(2.1)$(3.3)
(a)    Amounts in parentheses indicate losses.