XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net sales $ 502.9 $ 500.7
Cost of sales 380.7 364.3
Gross profit 122.2 136.4
Selling, general and administrative expenses 61.5 57.7
Research and development costs 6.6 6.2
Other (income) expenses, net 1.3 (1.0)
Income from operations 52.8 73.5
Interest and other financial expense, net 12.7 15.2
Reclassification of actuarial gain from AOCI 0.0 (2.2)
Income before earnings in affiliated companies and income taxes 40.1 60.5
Income tax expense 13.5 18.3
Earnings in affiliated companies, net of tax 0.1 0.1
Net income $ 26.7 $ 42.3
Weighted-average shares outstanding (in thousands):    
Basic (in shares) 58,640 60,287
Diluted (in shares) 59,229 60,623
Earnings per share:    
Basic (in USD per share) $ 0.46 $ 0.70
Diluted (in USD per share) $ 0.45 $ 0.70