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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities    
Net Income (Loss) $ 13.1 $ 22.7
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:    
Depreciation and amortization 42.1 40.4
Amortization of deferred financing fees 0.3 0.4
Loss on extinguishment of debt 3.6 0.0
Loss (gain) on sale or disposal of assets, net (1.3) 0.4
Deferred income taxes 0.8 0.0
Stock-based compensation expense 10.9 10.5
Pension and postretirement (benefit) expense, net 2.6 5.1
Changes in operating assets and liabilities:    
Accounts receivable, net (38.1) 7.5
Inventories, net (17.3) 9.2
Accounts payable 31.2 (16.4)
Other accrued expenses 15.5 (19.9)
Deferred charges and prepaid expenses 10.0 (7.5)
Pension and postretirement contributions and payments (60.1) (38.0)
Other, net 4.6 12.0
Net Cash Provided (Used) by Operating Activities 17.9 26.4
Investing Activities    
Capital expenditures (73.7) (49.1)
Proceeds from government funding 28.0 45.5
Proceeds from disposals of property, plant and equipment 1.7 0.0
Net Cash Provided (Used) by Investing Activities (44.0) (3.6)
Financing Activities    
Purchase of treasury shares (11.9) (34.1)
Proceeds from exercise of stock options 0.0 1.4
Shares surrendered for employee taxes on stock compensation (2.6) (15.5)
Repayments on convertible notes (9.1) 0.0
Net Cash Provided (Used) by Financing Activities (23.6) (48.2)
Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash (49.7) (25.4)
Cash, cash equivalents, and restricted cash at beginning of period 241.9 281.3
Cash, Cash Equivalents, and Restricted Cash at End of Period $ 192.2 $ 255.9