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STATEMENTS OF CONSOLIDATED INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
[1]
Sep. 30, 2025
Sep. 30, 2024
[1]
Income Statement [Abstract]        
Net sales $ 843.5 $ 747.7 [2] $ 2,444.0 $ 2,258.6 [2]
Costs and expenses:        
Cost of products sold, excluding depreciation and amortization 728.8 676.0 2,125.0 1,997.1
Depreciation and amortization 32.0 29.0 [2] 91.6 86.8 [2]
Selling, general, administrative, research and development 33.9 28.8 97.3 93.0
Restructuring costs 0.0 0.7 1.9 7.6
Other operating charges, net 0.0 0.0 [2] 0.0 0.4 [2]
Total costs and expenses 794.7 734.5 2,315.8 2,184.9
Operating income 48.8 13.2 128.2 73.7
Other (expense) income:        
Interest expense (12.4) (10.7) [2] (36.1) (33.3) [2]
Other income, net - Note 9 11.4 8.7 [2] 14.4 19.1 [2]
Income before income taxes 47.8 11.2 106.5 59.5
Income tax provision (8.3) (2.4) [3] (22.2) (13.6) [3]
Net income $ 39.5 $ 8.8 [4] $ 84.3 [5] $ 45.9 [4],[5]
Net income per common share:        
Basic $ 2.44 $ 0.54 [6] $ 5.22 [6] $ 2.85 [6]
Diluted $ 2.38 $ 0.54 [6] $ 5.1 [6] $ 2.81 [6]
Weighted-average number of common shares outstanding (in thousands):        
Basic 16,192 16,087 [6] 16,156 [6] 16,062 [6]
Diluted 16,612 16,335 [6] 16,511 [6] 16,291 [6]
[1] Adjusted to reflect the retrospective change in inventory valuation methodology from LIFO to WAC. See Note 14 for further discussion.
[2] Adjusted to reflect the retrospective change in inventory valuation methodology from LIFO to WAC. See Note 14 for further discussion.
[3] Adjusted to reflect the retrospective change in inventory valuation methodology from LIFO to WAC. See Note 14 for further discussion.
[4] Adjusted to reflect the retrospective change in inventory valuation methodology from LIFO to WAC. See Note 14 for further discussion.
[5] See Note 12 for supplemental cash flow information.
[6] Adjusted to reflect the retrospective change in inventory valuation methodology from LIFO to WAC. See Note 14 for further discussion.