v3.26.1
Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net sales $ 991.3 $ 819.6 $ 1,915.0 $ 1,510.0
Cost of goods sold [1] 604.9 497.2 1,175.6 933.2
Selling, general and administrative expenses [2] 149.3 142.3 303.6 247.9
Intangible amortization 40.7 34.7 81.6 59.9
Restructuring expenses 0.6 2.6 2.9 2.7
Other operating expenses 0.5 10.9 4.6 11.7
Operating income 195.3 131.9 346.7 254.6
Interest and financing expenses 84.8 89.1 175.5 154.9
Other (income) expense, net (0.6) (6.5) (0.2) (9.5)
Income (loss) from continuing operations before income taxes 111.1 49.3 171.4 109.2
Income tax expense (benefit) 40.6 18.5 57.9 33.2
Income (loss) from continuing operations 70.5 30.8 113.5 76.0
Income (loss) from discontinued operations, net of taxes 0.0 0.0 0.0 1.0
Net income (loss) 70.5 30.8 113.5 77.0
Less: Net income attributable to noncontrolling interests 1.3 8.5 10.7 17.0
Net income (loss) attributable to the Company $ 69.2 $ 22.3 $ 102.8 $ 60.0
Earnings (loss) per share from continuing operations        
Basic earnings (loss) per share (in dollars per share) $ 0.15 $ 0.07 $ 0.26 $ 0.18
Diluted earnings (loss) per share (in dollars per share) 0.15 0.07 0.26 0.18
Earnings (loss) per share from discontinued operations        
Basic earnings (loss) per share (in dollars per share) 0 0 0 0
Diluted earnings (loss) per share (in dollars per share) 0 0 0 0
Net Income (loss) per share        
Basic earnings (loss) per share (in dollars per share) 0.15 0.07 0.26 0.18
Diluted earnings (loss) per share (in dollars per share) $ 0.15 $ 0.07 $ 0.26 $ 0.18
[1] Exclusive of intangible amortization shown separately
[2] Inclusive of equity appreciation rights expense of $16.3 and $22.1 for the three months ended June 30, 2026 and 2025, respectively, and $26.7 and $27.3 for the six months ended June 30, 2026 and 2025, respectively.