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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities      
Net income (loss) $ 41.3 $ (101.6) $ (21.8)
Gain on disposal of assets (6.8) (1.8) (0.3)
Deferred income tax benefit (3.5) (6.9) (20.1)
Depreciation 26.6 28.4 32.7
Amortization of debt issuance costs 2.3 2.8 3.0
Amortization of intangibles 46.2 44.7 43.4
Stock-based compensation 11.5 11.9 14.8
Loss on debt extinguishment 0.0 1.0 0.0
Non-cash charge for impairment of goodwill and intangible assets 0.0 165.2 89.5
Changes in operating assets and liabilities:      
Accounts receivable 5.2 43.3 (38.6)
Inventories 1.1 38.3 85.5
Other assets 1.6 (9.0) 5.9
Accounts payable 10.0 (6.3) (68.0)
Accrued expenses and other liabilities (42.4) (41.5) 18.2
Accrued income taxes (24.4) (20.3) (15.5)
Net cash provided by operating activities 68.7 148.2 128.7
Investing activities      
Additions to property, plant and equipment (17.9) (15.9) (13.8)
Proceeds from the disposition of assets 18.7 3.6 2.6
Cost of acquisitions, net of cash acquired (10.1) 0.0 0.0
Net cash used by investing activities (9.3) (12.3) (11.2)
Financing activities      
Proceeds from long-term borrowings 165.1 207.0 121.9
Repayments of long-term debt (185.1) (292.5) (199.2)
(Repayments) Borrowings of notes payable, net (12.3) 10.8 (10.2)
Payments for debt issuance costs (1.4) (2.5) 0.0
Dividends paid (27.0) (28.4) (28.5)
Repurchases of common stock (15.1) (15.0) 0.0
Payments related to tax withholding for stock-based compensation (0.9) (2.0) (1.7)
Net cash used by financing activities (76.7) (122.6) (117.7)
Effect of foreign exchange rate changes on cash and cash equivalents 7.6 (5.6) 4.4
Net (decrease) increase in cash and cash equivalents (9.7) 7.7 4.2
Cash and cash equivalents      
Beginning of the period 74.1 66.4 62.2
End of the period 64.4 74.1 66.4
Cash paid during the year for:      
Interest 43.3 49.4 55.6
Income taxes $ 35.7 $ 41.6 $ 44.3