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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 97.1 $ 94.3
Restricted cash 5.8 0.0
Accounts receivable, net 200.6 162.4
Inventories, net 330.3 355.1
Income taxes receivable 16.7 20.6
Other current assets 21.9 25.7
Total current assets 672.4 658.1
Property, plant and equipment, net 614.6 620.3
Finance lease right-of-use assets 16.2 16.2
Operating lease right-of-use assets 49.9 46.4
Deferred income tax benefits 0.1 8.1
Goodwill 57.3 465.6
Intangible assets, net 528.9 553.4
Other assets 62.1 79.8
Total assets 2,001.5 2,447.9
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Current debt 2.9 2.6
Finance lease liabilities 1.7 1.6
Operating lease liabilities 9.2 9.5
Accounts payable 185.1 151.7
Income taxes payable 2.7 8.4
Accrued expenses and other current liabilities 113.1 100.7
Total current liabilities 314.7 274.5
Long-term debt 1,026.0 1,086.7
Finance lease liabilities, noncurrent 16.4 16.3
Operating lease liabilities, noncurrent 40.0 36.4
Pension and other postretirement benefits 56.0 54.3
Deferred income tax liabilities 80.6 100.9
Other liabilities 70.4 20.3
Total liabilities 1,604.1 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; $54,681,114 and 54,335,830 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 5.5 5.4
Additional paid-in-capital 682.6 675.7
Retained earnings (accumulated deficit) (290.9) 164.3
Accumulated other comprehensive income, net of tax 0.2 13.1
Total stockholders’ equity 397.4 858.5
Total liabilities and stockholders’ equity $ 2,001.5 $ 2,447.9