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Interim Reporting (Tables)

12 Months Ended

Dec. 31, 2024

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information

Financial Results by Quarter (Unaudited)


			Three Months Ended
			March 31,						June 30,						September 30,						December 31,
(In millions - except per-share amounts)			2024			2023			2024			2023			2024			2023			2024			2023
Net Sales			$	258.8		$	297.2		$	344.4		$	291.3		$	393.3		$	278.9		$	387.1		$	268.6
Gross profit			33.3			64.2			(2.0)			49.9			30.1			50.7			14.7			35.9
Income (loss) from continuing operations			(2.1)			24.5			(41.6)			11.9			(10.7)			14.9			(19.6)			(2.5)
Net income (loss)			17.2			23.8			(25.8)			29.7			5.8			36.6			199.1			17.6

Net income (loss) per common share:
Income (loss) from continuing operations			$	(0.12)		$	1.46		$	(2.50)		$	0.71		$	(0.64)		$	0.89		$	(1.17)		$	(0.15)
Income (loss) from discontinued operations			1.16			(0.05)			0.95			1.05			1.00			1.31			13.08			1.21
Total basic earnings per share			1.03			1.41			(1.55)			1.76			0.35			2.20			11.91			1.06

Diluted net income (loss) per share:
Income (loss) from continuing operations			(0.12)			1.44			(2.50)			0.70			(0.64)			0.88			(1.17)			(0.15)
Income (loss) from discontinued operations			1.16			(0.04)			0.95			1.05			1.00			1.29			13.08			1.21
Total diluted earnings per share			$	1.03		$	1.40		$	(1.55)		$	1.75		$	0.35		$	2.17		$	11.91		$	1.06

Shares used in per share computation
Basic			16,607			16,834			16,661			16,865			16,620			16,682			16,724			16,638
Diluted			16,607			17,036			16,661			16,958			16,620			16,895			16,724			16,638

Adjusted EBITDA Reconciliation
Net income (loss)			$	17.2		$	23.8		$	(25.8)		$	29.7		$	5.8		$	36.6		$	199.1		$	17.6
Add (deduct):
Income from discontinued operations, net of tax			19.3			(0.8)			15.7			17.8			16.6			21.8			218.8			20.2
Income (loss) from continuing operations			(2.1)			24.5			(41.6)			11.9			(10.7)			14.9			(19.6)			(2.5)
Income tax provision (benefit)			0.5			8.7			(14.6)			4.3			(3.3)			3.7			(9.7)			0.2
Interest expense, net			1.2			2.8			9.6			2.9			13.1			2.2			5.3			1.6
Depreciation and amortization			9.0			10.0			17.0			10.2			22.4			10.1			21.5			10.3
Inventory revaluation on acquired business			—			—			6.8			—			—			—			—			—
Debt extinguishment costs			—			—			—			—			—			—			9.1			3.1
Other operating charges, net			6.0			(0.4)			14.6			(0.1)			(0.3)			1.6			3.7			2.1
Other non-operating income			(0.3)			(0.1)			(0.3)			(0.1)			(0.3)			(0.1)			(0.7)			0.2
Adjusted EBITDA from continuing operations			$	14.2		$	45.6		$	(8.5)		$	29.0		$	20.9		$	32.5		$	9.5		$	14.9