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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 210.3 $ 229.1 $ 637.9 $ 703.8
Cost of sales 136.2 148.7 422.5 464.1
Gross margin 74.1 80.4 215.4 239.7
Selling, general and administrative expenses 45.1 44.2 143.5 150.5
Research and development expenses 8.1 7.8 26.5 25.5
Restructuring and impairment charges 6.3 2.0 7.8 16.4
Other operating (income) expense, net 0.0 (0.8) 0.0 (7.5)
Operating income 14.6 27.2 37.6 54.8
Equity income in unconsolidated joint ventures 0.4 0.6 1.2 1.5
Other income (expense), net (1.5) 0.7 (0.8) 0.0
Interest expense, net 0.0 (2.3) (1.0) (8.6)
Income before income taxes 13.5 26.2 37.0 47.7
Income tax expense 2.8 7.2 10.4 14.3
Net income $ 10.7 $ 19.0 $ 26.6 $ 33.4
Basic earnings per share (in dollars per share) $ 0.58 $ 1.02 $ 1.43 $ 1.79
Diluted earnings per share (in dollars per share) $ 0.58 $ 1.02 $ 1.43 $ 1.79
Shares used in computing:        
Basic earnings per share (in shares) 18.6 18.6 18.6 18.6
Diluted earnings per share (in shares) 18.6 18.7 18.6 18.7