XML 11 R2.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 250.7 $ 280.1 $ 810.2 $ 827.3
Cost of sales 151.1 169.3 479.7 509.5
Gross profit 99.6 110.8 330.5 317.8
Operating expenses:        
Selling, general and administrative 65.6 65.8 210.3 205.1
Goodwill impairment 0.0 0.0 60.8 0.0
Other 2.1 0.1 3.1 2.3
Total operating expenses 67.7 65.9 274.2 207.4
Operating income 31.9 44.9 56.3 110.4
Interest expense (10.8) (9.4) (34.9) (24.2)
Interest income 3.7 0.1 11.3 0.3
Other income (expense) (1.9) 0.3 (4.3) (1.7)
Income from continuing operations before income taxes 22.9 35.9 28.4 84.8
Income tax expense (14.7) (9.1) (17.0) (19.8)
Income from continuing operations 8.2 26.8 11.4 65.0
Income from discontinued operations, including gain on sale, net of tax 0.0 0.7 11.4 13.9
Net income 8.2 27.5 22.8 78.9
Less: net income (loss) attributable to redeemable non-controlling interests (0.1) 0.6 (4.3) 0.8
Net income attributable to EnPro Industries, Inc. 8.3 26.9 27.1 78.1
Comprehensive income (loss) (3.3) (5.6) 23.5 17.2
Less: comprehensive loss attributable to redeemable non-controlling interests (0.1) (1.2) (4.3) (3.1)
Comprehensive income (loss) attributable to EnPro Industries, Inc. (3.2) (4.4) 27.8 20.3
Income attributable to EnPro Industries, Inc. common shareholders:        
Income from continuing operations, net of tax 8.3 26.2 15.7 64.2
Income from discontinued operations, including gain on sale, net of tax 0.0 0.7 11.4 13.9
Net income attributable to EnPro Industries, Inc. $ 8.3 $ 26.9 $ 27.1 $ 78.1
Basic earnings per share attributable to EnPro Industries, Inc.:        
Continuing operations (in dollars per share) $ 0.40 $ 1.26 $ 0.75 $ 3.09
Discontinued operations (in dollars per share) 0 0.03 0.55 0.67
Net income per share (in dollars per share) 0.40 1.29 1.30 3.76
Diluted earnings per share attributable to EnPro Industries, Inc.:        
Continuing operations (in dollars per share) 0.39 1.26 0.75 3.08
Discontinued operations (in dollars per share) 0 0.03 0.54 0.66
Net income per share (in dollars per share) $ 0.39 $ 1.29 $ 1.29 $ 3.74