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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 84.0 $ 94.3
Restricted cash 9.8 0.0
Accounts receivable, net 202.1 162.4
Inventories, net 346.0 355.1
Income taxes receivable 19.0 20.6
Other current assets 25.3 25.7
Total current assets 686.2 658.1
Property, plant and equipment, net 622.3 620.3
Finance lease right-of-use assets 16.2 16.2
Operating lease right-of-use assets 45.9 46.4
Deferred income tax benefits 9.6 8.1
Goodwill 54.8 465.6
Intangible assets, net 545.4 553.4
Other assets 71.9 79.8
Total assets 2,052.3 2,447.9
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Current debt 2.7 2.6
Finance lease liabilities 1.7 1.6
Operating lease liabilities 9.2 9.5
Accounts payable 176.9 151.7
Income taxes payable 8.6 8.4
Accrued expenses and other current liabilities 89.0 100.7
Total current liabilities 288.1 274.5
Long-term debt 1,120.1 1,086.7
Finance lease liabilities, noncurrent 16.5 16.3
Operating lease liabilities, noncurrent 36.2 36.4
Pension and other postretirement benefits 54.9 54.3
Deferred income tax liabilities 77.1 100.9
Other liabilities 31.2 20.3
Total liabilities 1,624.1 1,589.4
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; $54,574,597 and 54,335,830 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 5.5 5.4
Additional paid-in-capital 678.4 675.7
Retained earnings (accumulated deficit) (266.9) 164.3
Accumulated other comprehensive income, net of tax 11.2 13.1
Total stockholders’ equity 428.2 858.5
Total liabilities and stockholders’ equity $ 2,052.3 $ 2,447.9