v3.25.2
SEGMENT INFORMATION - Reconciliation of Adjusted EBITDA to Net Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2025
Feb. 28, 2025
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information            
Net income     $ 47.5 $ 93.3 $ 145.5 $ 149.3
Add (subtract):            
Income from discontinued operations, net of tax     0.0 (1.6) 0.0 (1.6)
Income tax expense (benefit)     15.8 (17.5) 33.6 (4.0)
Interest expense, net     12.9 14.3 27.2 28.2
Depreciation expense     9.7 10.3 19.7 20.4
Amortization expense     28.5 29.8 55.7 60.0
EBITDA     114.4 128.6 281.7 252.3
Adjustments to reconcile to Adjusted EBITDA:            
Foreign exchange losses (gains) on intercompany loans         18.3 (12.5)
Loss (gain) on divestitures   $ (70.9) 5.5 0.0 (66.6) 0.0
Debt financing costs $ 1.8          
Other, net     (4.5) 12.7 8.6 15.0
Adjusted EBITDA     136.0 135.1 264.4 262.1
Operating Segments            
Add (subtract):            
Depreciation expense     9.7 10.3 19.7 20.4
Adjustments to reconcile to Adjusted EBITDA:            
Restructuring expense     2.1 3.5 3.2 5.8
Acquisition, integration and transaction expenses     3.3 3.3 11.6 5.0
Foreign exchange losses (gains) on intercompany loans     10.6 (3.9) 16.6 (10.7)
Loss (gain) on divestitures     5.5 0.0 (66.6) 0.0
Debt financing costs     0.0 0.0 1.8 0.0
Kuprion Acquisition research and development charge     0.0 0.0 0.0 3.9
Other, net     $ 0.1 $ 3.6 $ 16.1 $ 5.8