v3.26.1
Shareholders' Equity
 3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Shareholders' Equity
9. Shareholders' Equity
Cash Dividends
During the three months ended March 31, 2026, the Company's Board of Directors (the "Board") declared quarterly cash dividends of $0.20 per common share representing first quarter dividends of $10.2 million, which were paid on April 16, 2026. During the three months ended March 31, 2025, the Board declared quarterly cash dividends of $0.17 per common share representing first quarter dividends of $9.6 million, which were paid on April 16, 2025.
Accumulated Other Comprehensive Income (Loss)
Our Accumulated other comprehensive income (loss) consists of foreign currency translation adjustments related to our subsidiaries that have a functional currency other than the U.S. dollar and unrealized gains (losses) from derivative instruments designated as cash flow hedges. The after-tax changes in Accumulated other comprehensive income (loss) by component were as follows (in millions):
Foreign Currency Translation AdjustmentsCash Flow HedgesAccumulated Other Comprehensive Income (Loss)
Balance as of January 1, 2026$(17.6)$0.3 $(17.3)
Other comprehensive income (loss) before reclassifications
(1.1)(44.5)(45.6)
Amounts reclassified from Accumulated other comprehensive income (loss)— 3.4 3.4 
Balance as of March 31, 2026$(18.7)$(40.8)$(59.5)
Balance as of January 1, 2025$(92.2)$1.2 $(91.0)
Other comprehensive income (loss) before reclassifications12.6 (0.8)11.7 
Amounts reclassified from Accumulated other comprehensive income (loss)— (1.8)(1.8)
Balance as of March 31, 2025$(79.6)$(1.4)$(81.0)