XML 16 R5.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 6.8 $ 2.3
Restricted cash 0.3 0.3
Accounts and other receivables, net of allowances of $1.4 and $0.7, respectively 59.9 59.9
Inventories 88.9 95.9
Current assets held-for-sale 27.8 8.9
Other current assets 1.5 1.5
Total current assets 185.2 168.8
Non-current assets    
Property, plant and equipment, net 62.7 63.8
Right-of-use assets from operating leases 14.5 15.4
Goodwill 67.2 67.5
Intangibles, net 11.8 12.0
Deferred tax assets 3.7 3.9
Investments and loans to joint ventures and other affiliates 0.4 0.4
Pensions and other retirement benefits 40.5 40.3
Total assets 386.0 372.1
Current liabilities    
Current maturities of long-term debt and short-term borrowings 0.3 4.6
Accounts payable 30.9 26.5
Accrued liabilities 22.8 20.9
Taxes on income 2.3 0.0
Current liabilities held-for-sale 8.0 3.9
Other current liabilities 8.0 8.9
Total current liabilities 72.3 64.8
Non-current liabilities    
Long-term debt 78.1 67.6
Pensions and other retirement benefits 0.0 0.1
Deferred tax liabilities 10.2 10.2
Other non-current liabilities 15.1 16.8
Total liabilities 175.7 159.5
Shareholders' equity    
Additional paid-in capital 223.9 223.5
Treasury shares (23.3) (22.9)
Company shares held by ESOP (0.9) (0.9)
Retained earnings 103.5 104.3
Accumulated other comprehensive loss (119.4) (117.9)
Total shareholders' equity 210.3 212.6
Total liabilities and shareholders' equity 386.0 372.1
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