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CONSOLIDATED AND COMBINED CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Net sales $ 404.4 $ 370.6 $ 734.7 $ 684.2
Operating costs and expenses:        
Cost of sales 235.6 209.7 425.7 370.9
Selling, general and administrative 113.6 93.3 216.5 187.6
Restructuring charges 7.3 0.0 7.3 2.7
Operating profit 47.9 67.6 85.2 123.0
Other income (expense):        
Interest income 0.2 0.4 0.4 1.0
Interest expense (16.4) (12.4) (27.9) (22.3)
Miscellaneous income (expense), net 1.1 (0.2) 3.2 0.4
Total other expense, net (15.1) (12.2) (24.3) (20.9)
Income before income taxes 32.8 55.4 60.9 102.1
Provision for income taxes 7.8 13.8 14.2 22.7
Net income before allocation to noncontrolling interest 25.0 41.6 46.7 79.4
Less: Noncontrolling interest in subsidiaries’ earnings 0.1 0.0 0.1 0.0
Net income attributable to common shareholders $ 24.9 $ 41.6 $ 46.6 $ 79.4
Earnings per share:        
Basic (in dollars per share) $ 0.43 $ 0.73 $ 0.81 $ 1.39
Diluted (in dollars per share) $ 0.43 $ 0.72 $ 0.80 $ 1.38
Average shares outstanding:        
Basic (in shares) 57.4 57.1 57.3 57.1
Diluted (in shares) 57.9 57.8 57.9 57.7
Dividends per share (in dollars per share) $ 0.17 $ 0.16 $ 0.34 $ 0.32