v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Activities    
Net Income (Loss) $ 5.4 $ 1.3
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:    
Depreciation and amortization 13.7 13.7
Amortization of deferred financing fees 0.1 0.1
Loss (gain) on sale or disposal of assets, net 0.2 (1.5)
Stock-based compensation expense 3.3 3.4
Pension and postretirement (benefit) expense, net (2.3) 0.8
Changes in operating assets and liabilities:    
Accounts receivable, net (21.4) (34.8)
Inventories, net (36.4) (10.8)
Accounts payable 36.3 34.0
Other accrued expenses (11.4) 2.9
Deferred charges and prepaid expenses 6.6 2.5
Pension and postretirement contributions and payments (19.8) (53.0)
Other, net (1.2) 2.5
Net Cash Provided (Used) by Operating Activities (26.9) (38.9)
Investing Activities    
Capital expenditures (24.7) (27.5)
Proceeds from government funding 5.9 12.9
Proceeds from disposals of property, plant and equipment 0.0 1.7
Net Cash Provided (Used) by Investing Activities (18.8) (12.9)
Financing Activities    
Purchase of treasury shares (4.3) (5.6)
Proceeds from exercise of stock options 0.3 0.0
Shares surrendered for employee taxes on stock compensation (3.0) (2.6)
Net Cash Provided (Used) by Financing Activities (7.0) (8.2)
Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash (52.7) (60.0)
Cash, cash equivalents, and restricted cash at beginning of period 157.5 241.9
Cash, Cash Equivalents, and Restricted Cash at End of Period $ 104.8 $ 181.9