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v3.25.2

Shareholders Equity | 6 Months Ended
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Jun. 30, 2025
Stockholders' Equity Note [Abstract] |
Shareholders' Equity and Share-based Payments | Shareholders' Equity Activity in our various shareholders' equity accounts for the six months ended June 30, 2025 and 2024 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, 2024 | 76.2 |  |  | $ | 0.8 |  |  | $ | 1,113.3 |  |  | $ | 16.4 |  |  | $ | 1,398.9 |  |  | $ | 34.2 |  |  | $ | (325.1) |  |  | $ | 5.8 |
Net loss | — |  |  | — |  |  | — |  |  | — |  |  | (37.9) |  |  | — |  |  | — |  |  | (1.3) |
Share-based compensation cost | — |  |  | — |  |  | 5.6 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Shares issued under share-based compensation plans, net | 0.1 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net changes in pension and other postretirement benefits | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (0.2) |  |  | — |  |  | — |
Shares withheld for taxes on vesting of share-based awards | — |  |  | — |  |  | (0.3) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Foreign currency translation adjustments | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1.3 |  |  | — |  |  | — |
BALANCE, March 31, 2025 | 76.3 |  |  | $ | 0.8 |  |  | $ | 1,118.6 |  |  | $ | 16.4 |  |  | $ | 1,361.0 |  |  | $ | 35.3 |  |  | $ | (325.1) |  |  | $ | 4.5 |
Net income (loss) | — |  |  | — |  |  | — |  |  | — |  |  | 115.1 |  |  | — |  |  | — |  |  | (0.9) |
Share-based compensation cost | — |  |  | — |  |  | 6.0 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net changes in pension and other postretirement benefits | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (0.2) |  |  | — |  |  | — |
Foreign currency translation adjustments | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1.8 |  |  | — |  |  | — |
BALANCE, June 30, 2025 | 76.3 |  |  | $ | 0.8 |  |  | $ | 1,124.6 |  |  | $ | 16.4 |  |  | $ | 1,476.1 |  |  | $ | 36.9 |  |  | $ | (325.1) |  |  | $ | 3.6 |
| 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) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Foreign currency translation adjustments | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 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) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Foreign currency translation adjustments | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (0.6) |  |  | — |  |  | — |
BALANCE, June 30, 2024 | 75.4 |  |  | $ | 0.8 |  |  | $ | 1,134.8 |  |  | $ | 16.4 |  |  | $ | 1,200.6 |  |  | $ | 24.3 |  |  | $ | (200.1) |  |  | $ | 10.6 |
Share Repurchase Program Our board of directors has authorized a share repurchase program (the "Share Repurchase Program") under which we may purchase up to $600.0 million of our outstanding Common Shares. The Share Repurchase Program does not have a fixed expiration, may be modified, suspended or discontinued at any time and any repurchases made pursuant to the Share Repurchase Program are subject to compliance with applicable covenants and restrictions under our financing agreements. There were no share repurchases during each of the three and six months ended June 30, 2025 and 2024. As of June 30, 2025, we had approximately $275.0 million available for share repurchases pursuant to the Share Repurchase Program.

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- Definition The entire disclosure for shareholders' equity and share-based payment arrangement. Includes, but is not limited to, disclosure of policy and terms of share-based payment arrangement, deferred compensation arrangement, and employee stock purchase plan (ESPP). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 718 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/718/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 505 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/505/tableOfContent + Details
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