v3.25.2
Condensed Consolidated Statements of Operations (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Total net sales $ 218.1 $ 242.7 $ 419.2 $ 446.1
Total cost of sales [1] 79.2 86.5 152.2 166.6
Selling, general and administrative expenses [1] 70.0 76.1 135.8 148.9
Depreciation and amortization 15.1 14.3 29.2 28.2
Restructuring, impairment and other charges, net 1.0 1.3 3.9 3.1
Other operating income, net 0.0 0.0 (0.5) (9.8)
Income from operations 52.8 64.5 98.6 109.1
Interest expense, net 3.8 3.7 6.9 7.3
Investment and other loss (income), net 0.3 (0.4) 0.8 (0.8)
Earnings before income taxes 48.7 61.2 90.9 102.6
Income tax expense 12.6 17.1 23.8 25.2
Net earnings $ 36.1 $ 44.1 $ 67.1 $ 77.4
Net earnings per share:        
Basic $ 1.3 $ 1.5 $ 2.38 $ 2.63
Diluted $ 1.28 $ 1.47 $ 2.33 $ 2.56
Weighted average number of common shares outstanding:        
Basic 27.7 29.4 28.2 29.4
Diluted 28.2 30.0 28.8 30.2
Software Solutions        
Total net sales $ 92.2 $ 85.6 $ 176.8 $ 165.9
Total cost of sales 26.4 25.4 54.0 52.7
Tech-enabled Services        
Total net sales 85.2 102.2 161.7 185.1
Total cost of sales 31.6 33.9 58.9 64.5
Print and Distribution        
Total net sales 40.7 54.9 80.7 95.1
Total cost of sales $ 21.2 $ 27.2 $ 39.3 $ 49.4
[1] Exclusive of depreciation and amortization