XML 69 R57.htm IDEA: XBRL DOCUMENT v3.25.4
Long-term Debt and Short-term Borrowings - Narrative (Details)
€ in Millions, $ in Millions
1 Months Ended 12 Months Ended
Jul. 29, 2025
USD ($)
May 23, 2019
Mar. 31, 2029
Mar. 31, 2027
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Oct. 30, 2024
USD ($)
Oct. 30, 2024
EUR (€)
Mar. 15, 2021
USD ($)
Debt Instrument [Line Items]                    
Total debt         $ 840.9 $ 839.7        
Debt issuance costs         1.4 2.5 $ 0.0      
Current portion of long-term debt         30.8 40.8        
Long-term debt, net         806.0 783.3        
Senior Unsecured Notes, due March 2029 (fixed interest rate of 4.25%)                    
Debt Instrument [Line Items]                    
Total debt         $ 575.0 $ 575.0        
Applicable Rate on Base Rate Loans                    
Debt Instrument [Line Items]                    
Debt instrument, basis spread on variable rate         1.25%          
Senior Secured Notes                    
Debt Instrument [Line Items]                    
Credit agreement, face amount               $ 200.0 € 184.8  
Outstanding principal amount $ 35.0                  
Maturity date Sep. 30, 2025                  
Interest coverage ratio         5.51          
Maximum consolidated leverage ratio         4.5          
Consolidated leverage ratio         4.13          
Dividends and/or purchase shares, threshold         $ 40.0          
Dividends and/or purchase shares, threshold, percent of total assets         1.00%          
Debt instrument restriction for share repurchases, authorized amount $ 40.0                  
Debt instrument restriction on percentage payment of consolidated assets 1.00%                  
Senior Secured Notes | Senior Secured Credit Facility Due March 2026                    
Debt Instrument [Line Items]                    
Maximum borrowing capacity, potential increase         $ 500.0          
Senior Secured Notes | > 3.5                    
Debt Instrument [Line Items]                    
Commitment fee percent         0.35%          
Senior Secured Notes | > 4.25                    
Debt Instrument [Line Items]                    
Commitment fee percent         0.375%          
Senior Secured Notes | Minimum                    
Debt Instrument [Line Items]                    
Interest coverage ratio         3          
Quarterly principal payment, based on annual percentage   1.25%                
Senior Secured Notes | Maximum                    
Debt Instrument [Line Items]                    
Dividends and/or purchase shares, threshold         $ 75.0          
Senior Secured Notes | Euro/AUD/CDN | > 3.5                    
Debt Instrument [Line Items]                    
Debt instrument, basis spread on variable rate         2.00%          
Senior Secured Notes | Euro/AUD/CDN | > 4.25                    
Debt Instrument [Line Items]                    
Debt instrument, basis spread on variable rate         2.25%          
Senior Secured Notes | Applicable Rate on Base Rate Loans | > 3.5                    
Debt Instrument [Line Items]                    
Debt instrument, basis spread on variable rate         1.00%          
Senior Secured Notes | Applicable Rate on Base Rate Loans | > 4.25                    
Debt Instrument [Line Items]                    
Debt instrument, basis spread on variable rate         1.25%          
Senior Secured Notes | Forecast | Maximum                    
Debt Instrument [Line Items]                    
Quarterly principal payment, based on annual percentage     2.50% 1.875%            
Senior Notes | Senior Unsecured Notes, due March 2029 (fixed interest rate of 4.25%)                    
Debt Instrument [Line Items]                    
Credit agreement, face amount                   $ 575.0
Maturity date         Mar. 31, 2029          
Stated percentage         4.25% 4.25%        
Revolving Facility | Senior Secured Notes                    
Debt Instrument [Line Items]                    
Maximum borrowing capacity               $ 467.5    
Total debt         $ 164.6          
Amount available for borrowings under Senior Secured Revolving Credit Facilities         292.3          
Letters of credit outstanding, amount         $ 10.6          
Commitment fee percent         0.375%          
Current portion of long-term debt         $ 23.6          
Long-term debt, net         $ 141.0          
Revolving Facility | Senior Secured Notes | Minimum                    
Debt Instrument [Line Items]                    
Commitment fee percent         0.25%          
Revolving Facility | Senior Secured Notes | Maximum                    
Debt Instrument [Line Items]                    
Commitment fee percent         0.375%