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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 2.3 $ 12.6
Restricted cash 0.3 0.3
Accounts and other receivables, net of allowances of $0.7 and $0.4, respectively 59.9 67.8
Inventories 95.9 111.1
Current assets held-for-sale 8.9 9.3
Other current assets 1.5 0.0
Total current assets 168.8 201.1
Non-current assets    
Property, plant and equipment, net 63.8 77.7
Right-of-use assets from operating leases 15.4 19.8
Goodwill 67.5 65.6
Intangibles, net 12.0 12.5
Deferred tax assets 3.9 3.0
Pensions and other retirement benefits 40.3 27.0
Investments and loans to joint ventures and other affiliates 0.4 0.4
Total assets 372.1 407.1
Current liabilities    
Current maturities of long-term debt and short-term borrowings 4.6 25.0
Accounts payable 26.5 37.8
Accrued liabilities 20.9 29.4
Taxes on income 0.0 1.8
Current liabilities held-for-sale 3.9 5.0
Other current liabilities 8.9 11.2
Total current liabilities 64.8 110.2
Non-current liabilities    
Long-term debt 67.6 56.2
Pensions and other retirement benefits 0.1 4.5
Deferred tax liabilities 10.2 9.9
Other non-current liabilities 16.8 19.0
Total liabilities 159.5 199.8
Commitments and contingencies (Note 19)
Shareholders' equity    
Common stock 26.5 26.5
Additional paid-in capital 223.5 221.4
Treasury shares (22.9) (20.4)
Company shares held by ESOP (0.9) (1.0)
Retained earnings 104.3 120.2
Accumulated other comprehensive loss (117.9) (139.4)
Total shareholders' equity 212.6 207.3
Total liabilities and shareholders' equity $ 372.1 $ 407.1
Common stock, shares issued (in shares) 28,944,000 28,944,000
Ordinary shares    
Shareholders' equity    
Common stock $ 26.5 $ 26.5
Common stock, shares outstanding (in shares) 28,944,000 28,944,000
Common stock, shares issued (in shares) 28,944,000 28,944,000