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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows from Operating Activities    
Net income $ 36.5 $ 23.4
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 10.5 10.3
Deferred tax expense 0.9 0.1
Non-cash income on defined benefit pension plans (0.7) (0.8)
Stock option compensation 1.7 1.6
Changes in assets and liabilities, net of effects of acquired and divested companies:    
Trade and other accounts receivable (52.9) (30.7)
Inventories (29.5) (5.5)
Prepaid expenses 1.2 2.4
Accounts payable and accrued liabilities 1.9 20.2
Plant closure provisions 0.0 (0.2)
Accrued income taxes 3.4 3.7
Other assets and liabilities (2.0) (1.8)
Net cash (used in)/provided by operating activities (29.0) 22.7
Cash Flows from Investing Activities    
Capital expenditures (8.4) (10.3)
Net cash used in investing activities (8.4) (10.3)
Cash Flows from Financing Activities    
Proceeds from revolving credit facility 0.0 0.0
Repayments of revolving credit facility 0.0 0.0
Repayments of finance leases (0.1) (0.2)
Issue of treasury stock 1.9 0.5
Repurchase of common stock (0.9) (0.6)
Net cash provided by/(used in) financing activities 0.9 (0.3)
Effect of foreign currency exchange rate changes on cash 0.3 (0.4)
Net change in cash and cash equivalents (36.2) 11.7
Cash and cash equivalents at beginning of period 141.8 105.3
Cash and cash equivalents at end of period $ 105.6 $ 117.0