v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 494.4 $ 500.5 $ 984.2 $ 979.3
Cost of sales 431.6 400.3 814.5 807.6
Gross margin 62.8 100.2 169.7 171.7
Selling, general and administrative expense 62.1 57.9 123.7 112.1
Other operating income (expense):        
Currency transactions, net 9.4 (3.8) 5.0 2.0
Other operating expense, net (2.7) (2.6) (5.2) (6.2)
Income from operations 7.4 35.9 45.8 55.4
Other income (expense):        
Interest and dividend income 0.3 2.1 0.7 3.4
Marketable equity securities   0.1 (1.0) 0.4
Other components of net periodic pension and OPEB cost (0.6) (0.3) (1.1) (0.6)
Interest expense (12.8) (9.8) (24.4) (19.0)
Income (loss) before income taxes (5.7) 28.0 20.0 39.6
Income tax expense 3.5 8.5 11.1 12.0
Net income (loss) $ (9.2) $ 19.5 $ 8.9 $ 27.6
Net income (loss) per share - basic $ (0.08) $ 0.17 $ 0.08 $ 0.24
Net income (loss) per share - diluted $ (0.08) $ 0.17 $ 0.08 $ 0.24
Weighted average shares outstanding - basic 115.0 115.0 115.0 115.0
Weighted average shares outstanding - diluted 115.0 115.0 115.0 115.0