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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 68.0 $ 95.9
Accounts receivable, net of allowance of $0.6 million - 2024 and $1.1 million - 2023 141.0 182.0
Inventories, net 226.8 308.8
Prepaid and other current assets 57.4 71.9
Current assets 493.2 658.6
Property, plant, and equipment, net 658.9 762.2
Operating lease assets, net 50.4 67.1
Goodwill 175.2 527.5
Other intangibles, net 278.8 336.1
Deferred income taxes 117.9 11.6
Restricted investment, net of allowance of $0.2 million - 2024 and $0.2 million - 2023 81.6 79.1
Strategic investments 87.3 99.2
Other assets 79.3 81.9
Total Assets 2,022.6 2,623.3
Liabilities    
Accounts payable 94.5 158.4
Accrued expenses 58.1 72.3
Accrued payroll and employee benefits 27.7 19.9
Current operating lease liabilities 16.9 18.7
Notes payable and current maturities of long-term debt 61.3 84.4
Income taxes payable 5.6 9.2
Current liabilities 264.1 362.9
Long-term debt including finance lease obligations 1,339.7 1,382.8
Noncurrent operating lease liabilities 36.8 48.6
Deferred income taxes 56.2 70.9
Other liabilities 130.6 126.7
Total Liabilities 1,827.4 1,991.9
Commitments and contingencies (Note 18)
Equity    
Preferred stock (par value $0.01 per share; 50,000,000 shares authorized; zero issued and outstanding at 2024 and 2023) 0.0 0.0
Common stock (par value $0.01 per share; 300,000,000 shares authorized; 43,630,211 and 43,446,513 issued and 36,350,425 and 36,233,092 outstanding at 2024 and 2023, respectively) 0.4 0.4
Additional paid-in capital 176.8 164.9
Retained earnings 572.0 1,002.3
Accumulated other comprehensive income (loss) (41.4) (26.7)
Treasury stock, common stock, at cost (7,279,786 shares - 2024 and 7,213,421 shares - 2023) (512.6) (509.5)
Total Equity 195.2 631.4
Total Liabilities and Equity $ 2,022.6 $ 2,623.3