Shareholders Equity (Tables)

9 Months Ended

Sep. 30, 2024

Statement of Stockholders' Equity [Abstract]

Schedule Of Activity In Our Various Shareholders Equity

Activity in our various shareholders' equity accounts for the three and nine months ended September 30, 2024 and 2023 were as follows (in millions):


	Shares Issued	Par Value		Additional Paid-in Capital		Warrants		Retained Earnings		AOCI		Treasury Shares		Non-controlling Interest
BALANCE, December 31, 2023	75.4	$	0.8	$	1,119.8	$	16.4	$	1,025.5	$	25.2	$	(200.1)	$	9.4
Net income	—	—		—		—		25.5		—		—		—
Share-based compensation cost	—	—		8.0		—		—		—		—		—


Net changes in pension and other postretirement benefits	—	—		—		—		—		(0.2)		—		—
Shares withheld for taxes on vesting of share-based awards	—	—		(0.1)		—		—		—		—		—
Net other comprehensive income	—	—		—		—		—		0.1		—		—
BALANCE, March 31, 2024	75.4	$	0.8	$	1,127.7	$	16.4	$	1,051.0	$	25.1	$	(200.1)	$	9.4
Net income	—	—		—		—		149.6		—		—		1.2
Share-based compensation cost	—	—		7.4		—		—		—		—		—
Net changes in pension and other postretirement benefits	—	—		—		—		—		(0.2)		—		—


Shares withheld for taxes on vesting of share-based awards	—	—		(0.3)		—		—		—		—		—
Net other comprehensive loss	—	—		—		—		—		(0.6)		—		—
BALANCE, June 30, 2024	75.4	$	0.8	$	1,134.8	$	16.4	$	1,200.6	$	24.3	$	(200.1)	$	10.6
Net income (loss)	—	—		—		—		64.6		—		—		(1.7)
Share-based compensation cost	—	—		7.0		—		—		—		—		—
Net changes in pension and other postretirement benefits	—	—		—		—		—		(0.1)		—		—
Shares issued under share-based compensation plans, net	0.8	—		—		—		—		—		—		—
Repurchase of Common Shares	—	—		—		—		—		—		(100.0)		—
Shares withheld for taxes on vesting of share-based awards	—	—		(29.3)		—		—		—		—		—
Purchase of noncontrolling ownership interest in a non-U.S. subsidiary (1)	—	—		4.1		—		—		—		—		(8.4)
Sale of noncontrolling ownership interest in a non-U.S. subsidiary (1)	—	—		(8.4)		—		—		—		—		8.4
Net other comprehensive income	—	—		—		—		—		0.2		—		—
BALANCE, September 30, 2024	76.2	$	0.8	$	1,108.2	$	16.4	$	1,265.2	$	24.4	$	(300.1)	$	8.9

(1)During the third quarter of 2024, the Company purchased the 51% noncontrolling interest related to a certain non-U.S. subsidiary and concurrently transferred the 51% noncontrolling interest to new partners. The net transactions did not result in a change to our ownership or controlling interest in the non-U.S. subsidiary.


	Shares Issued	Par Value		Additional Paid-in Capital		Warrants		Retained Earnings		AOCI		Treasury Shares		Non-controlling Interest
BALANCE, December 31, 2022	75.2	$	0.8	$	1,097.9	$	16.4	$	160.1	$	14.7	$	—	$	8.0
Net income	—	—		—		—		46.7		—		—		1.9
Share-based compensation cost	—	—		5.7		—		—		—		—		—
Net changes in pension and other postretirement benefits	—	—		—		—		—		(0.1)		—		—
Net other comprehensive loss	—	—		—		—		—		(0.1)		—		—
BALANCE, March 31, 2023	75.2	$	0.8	$	1,103.6	$	16.4	$	206.8	$	14.5	$	—	$	9.9
Net income (loss)	—	—		—		—		(29.4)		—		—		2.1
Share-based compensation cost	—	—		7.0		—		—		—		—		—
Repurchase of Common Shares	—	—		—		—		—		—		(65.0)		—
Net changes in pension and other postretirement benefits	—	—		—		—		—		(0.1)		—		—
Shares withheld for taxes on vesting of share-based awards	—	—		(0.3)		—		—		—		—		—
Net other comprehensive loss	—	—		—		—		—		(0.2)		—		—
BALANCE, June 30, 2023	75.2	$	0.8	$	1,110.3	$	16.4	$	177.4	$	14.2	$	(65.0)	$	12.0
Net income	—	—		—		—		12.9		—		—		4.1
Share-based compensation cost	—	—		6.8		—		—		—		—		—
Shares issued under share-based compensation plans, net	0.2	—		—		—		—		—		—		—
Repurchase of Common Shares	—	—		—		—		—		—		(85.0)		—
Net changes in pension and other postretirement benefits	—	—		—		—		—		(0.1)		—		—
Shares withheld for taxes on vesting of share-based awards	—	—		(4.9)		—		—		—		—		—
Net other comprehensive income	—	—		—		—		—		0.1		—		—
BALANCE, September 30, 2023	75.4	$	0.8	$	1,112.2	$	16.4	$	190.3	$	14.2	$	(150.0)	$	16.1