XML 29 R18.htm IDEA: XBRL DOCUMENT
v3.25.3

Shareholders' Equity | 9 Months Ended
--- | ---
Sep. 30, 2025
Equity [Abstract] |
Shareholders' Equity | Shareholders' Equity. The following table summarizes the changes in the Company’s Accumulated Other Comprehensive Income (AOCI), net of tax, by component for the three and nine months ended September 30, 2025 and 2024:
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) | Three months ended September 30, |  | Nine months ended September 30,
(in millions) | 2025 |  | 2024 |  | 2025 |  | 2024
Beginning balance | $ | 87.0 |  |  | $ | (64.0) |  |  | $ | (111.6) |  |  | $ | 14.2 |
Other comprehensive income before reclassifications(1) | 9.9 |  |  | 81.1 |  |  | 208.5 |  |  | 2.9 |
Currency translation adjustments AOCI | $ | 96.9 |  |  | $ | 17.1 |  |  | $ | 96.9 |  |  | $ | 17.1 |
Beginning balance | $ | (0.1) |  |  | $ | (0.4) |  |  | $ | (0.1) |  |  | $ | (0.1) |
Other comprehensive loss before reclassifications | (5.1) |  |  | (0.1) |  |  | (5.1) |  |  | (0.4) |
Foreign currency hedges AOCI | $ | (5.2) |  |  | $ | (0.5) |  |  | $ | (5.2) |  |  | $ | (0.5) |
Beginning balance | $ | (0.1) |  |  | $ | (0.3) |  |  | $ | (0.1) |  |  | $ | — |
Other comprehensive loss before reclassifications | — |  |  | (0.1) |  |  | — |  |  | (0.4) |
Interest rate hedges AOCI | $ | (0.1) |  |  | $ | (0.4) |  |  | $ | (0.1) |  |  | $ | (0.4) |
Beginning balance | $ | (7.1) |  |  | $ | 0.8 |  |  | $ | (5.7) |  |  | $ | (6.1) |
Amounts reclassified from AOCI(2) | 1.0 |  |  | 8.1 |  |  | (0.4) |  |  | 15.0 |
Pension and other post-retirement benefits | $ | (6.1) |  |  | $ | 8.9 |  |  | $ | (6.1) |  |  | $ | 8.9 |
Beginning balance | $ | (0.7) |  |  | $ | (0.4) |  |  | $ | (0.4) |  |  | $ | (0.4) |
Other comprehensive loss before reclassifications | — |  |  | — |  |  | (0.3) |  |  | — |
Other | $ | (0.7) |  |  | $ | (0.4) |  |  | $ | (0.7) |  |  | $ | (0.4) |
AOCI at September 30 | $ | 84.8 |  |  | $ | 24.7 |  |  | $ | 84.8 |  |  | $ | 24.7 |
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $0.3, $0.1, $0.3 and $0.3 translation amount attributable to noncontrolling interests for the three and nine months ended September 30, 2025 and 2024, respectively. (2) The total reclassification from AOCI included pension and post-retirement net actuarial gain (loss) of $1.0, $8.1, $(0.4) and $15.0, net of tax, for the three and nine months ended September 30, 2025 and 2024, respectively. Common stock. The Company's authorized common stock includes 45,000,000 shares, with a par value of $0.01 per share. As of September 30, 2025, 37,725,053 shares were issued and 36,202,209 shares were outstanding. As of December 31, 2024, 37,576,678 shares were issued and 37,576,678 shares were outstanding. We repurchased 1,522,844 shares for a total of $79.6 during the nine months ended September 30, 2025. The Company's share repurchase program does not obligate it to acquire any specific number of shares. Under this program shares may be purchased in the open market or otherwise, including under accelerated share repurchase programs or under plans complying with Rule 10b5-1 under the Exchange Act.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for equity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-8A Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-14 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477968/946-235-50-2 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477968/946-235-50-2 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478448/946-505-50-6 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480237/815-40-50-6 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/505/tableOfContent Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-14 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-14 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 16 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-16 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-18 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-18 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-18 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration