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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets, Current    
Cash and cash equivalents $ 128.9 $ 120.2
Accounts receivable, net 225.8 176.5
Inventories, net 341.0 352.9
Income taxes receivable 28.5 30.6
Other current assets 35.1 32.3
Total current assets 759.3 712.5
Property, plant and equipment, net 652.3 672.5
Finance lease right-of-use assets 17.5 18.2
Operating lease right-of-use assets 46.0 45.6
Deferred income tax benefits 8.6 6.4
Goodwill 470.6 474.1
Intangible assets, net 609.8 631.3
Other assets 88.6 81.8
Total assets 2,652.7 2,642.4
Liabilities, Current    
Current debt 2.7 2.8
Finance lease liabilities 1.4 1.4
Operating lease liabilities 10.3 9.9
Accounts payable 165.9 139.3
Income taxes payable 19.1 14.3
Accrued expenses and other current liabilities 100.1 113.7
Total current liabilities 299.5 281.4
Long-term debt 1,155.3 1,101.8
Finance lease liabilities, noncurrent 17.5 18.2
Operating lease liabilities, noncurrent 35.5 35.3
Long-term income tax payable 7.7 7.7
Pension and other postretirement benefits 60.9 62.2
Deferred income tax liabilities 131.0 142.3
Other liabilities 38.4 44.4
Total liabilities 1,745.8 1,693.3
Stockholders’ equity:    
Preferred stock, $0.10 par value; 10,000,000 shares authorized; none issued or outstanding 0.0 0.0
Common stock, $0.10 par value; 100,000,000 shares authorized; $54,311,255 and 54,211,124 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 5.4 5.4
Additional paid-in-capital 667.3 669.6
Retained earnings 201.6 235.0
Accumulated other comprehensive income, net of tax 32.6 39.1
Total stockholders’ equity 906.9 949.1
Total liabilities and stockholders’ equity $ 2,652.7 $ 2,642.4