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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net revenue $ 760.6 $ 706.5 $ 2,191.1 $ 2,057.9
Cost of sales 503.8 464.4 1,448.4 1,372.9
Gross profit 256.8 242.1 742.7 685.0
Operating expenses        
Selling 35.8 32.0 103.6 97.5
Administrative 109.2 96.8 318.5 282.3
Asset impairment 0.0 0.0 4.9 0.0
Amortization 10.5 11.0 31.7 33.7
Operating income 101.3 102.3 284.0 271.5
Other expense, net        
Interest expense, net 7.7 9.7 27.8 29.2
Other (income) (0.3) (0.2) (0.8) (0.5)
Income before income taxes 93.9 92.8 257.0 242.8
Income tax provision 25.3 24.8 67.3 63.9
Net income 68.6 68.0 189.7 178.9
Other comprehensive (loss) income, net of tax:        
Net change on cash flow hedges, net of tax benefit (provision) of $3.8 and $(2.0) for the three months ended September 30, 2024 and 2023, respectively, and $2.1 and $(1.6) for the nine months ended September 30, 2024 and 2023, respectively (10.6) 5.5 (5.9) 4.6
Comprehensive income $ 58.0 $ 73.5 $ 183.8 $ 183.5
Earnings per share:        
Basic (in USD per share) $ 2.45 $ 2.41 $ 6.75 $ 6.35
Diluted (in USD per share) $ 2.44 $ 2.40 $ 6.71 $ 6.32
Weighted average shares outstanding:        
Basic (in shares) 27,986,997 28,204,328 28,110,587 28,151,899
Diluted (in shares) 28,116,557 28,318,633 28,272,667 28,290,533
Cash dividends declared per share (in USD per share) $ 0.35 $ 0.33 $ 2.65 $ 1.89