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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 26.7 $ 42.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property, plant and equipment and amortization of intangible assets and right of use assets 28.9 25.7
Amortization of debt issuance costs 0.4 0.6
Share-based compensation 3.5 2.1
Deferred tax provision (4.3) 1.1
Foreign currency transactions (0.5) 0.8
Reclassification of actuarial gain from AOCI 0.0 (2.2)
Changes in operating assets and liabilities, net:    
Trade receivables (33.2) 35.4
Inventories 3.5 5.7
Trade payables 4.2 1.4
Other provisions (3.3) (12.7)
Income tax liabilities 7.5 (4.1)
Other assets and liabilities, net (1.0) 12.0
Net cash provided by operating activities 32.4 108.1
Cash flows from investing activities:    
Acquisition of property, plant and equipment (33.1) (30.5)
Net cash used in investing activities (33.1) (30.5)
Cash flows from financing activities:    
Proceeds from long-term debt borrowings 0.0 1.8
Repayments of long-term debt (0.8) (0.8)
Payments for debt issue costs (0.1) 0.0
Cash inflows related to current financial liabilities 49.7 30.8
Cash outflows related to current financial liabilities (40.6) (63.7)
Dividends paid to shareholders (1.2) (1.3)
Repurchase of common stock under Stock repurchase programs 0.0 (29.3)
Net cash provided by (used in) financing activities 7.0 (62.5)
Increase in cash, cash equivalents and restricted cash 6.3 15.1
Cash, cash equivalents and restricted cash at the beginning of the period 40.2 63.4
Effect of exchange rate changes on cash (1.0) 0.9
Cash, cash equivalents and restricted cash at the end of the period 45.5 79.4
Less restricted cash at the end of the period 1.6 2.6
Cash and cash equivalents at the end of the period $ 43.9 $ 76.8