v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ 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 $ 724.7 $ 577.2 $ 1,421.1 $ 1,134.8
Operating costs and expenses:        
Cost of sales 417.2 334.9 832.3 654.9
Engineering, selling and administrative 163.2 139.4 344.4 275.9
Operating profit 144.3 102.9 244.4 204.0
Other income (expense):        
Interest income 2.1 2.9 3.7 6.1
Interest expense (16.6) (4.3) (33.4) (8.8)
Miscellaneous (expense) income, net (1.8) 3.1 (1.6) 2.1
Total other (expense) income, net (16.3) 1.7 (31.3) (0.6)
Income from continuing operations before income taxes 128.0 104.6 213.1 203.4
Provision for income taxes 32.1 24.3 50.1 44.8
Net income from continuing operations attributable to common shareholders 95.9 80.3 163.0 158.6
Income from discontinued operations, net of tax (Note 3) 0.0 6.1 0.0 34.9
Net income attributable to common shareholders $ 95.9 $ 86.4 $ 163.0 $ 193.5
Earnings per basic share:        
Earnings (loss) per basic share from continuing operations (in dollars per share) $ 1.66 $ 1.40 $ 2.82 $ 2.76
Earnings per basic share from discontinued operations (in dollars per share) 0 0.11 0 0.61
Earnings (loss) per basic share (in dollars per share) 1.66 1.51 2.82 3.37
Earnings per diluted share:        
Earnings (loss) per diluted share from continuing operations (in dollars per share) 1.63 1.37 2.78 2.71
Earnings per diluted share from discontinued operations (in dollars per share) 0 0.10 0 0.60
Earnings (loss) per diluted share (in dollars per share) $ 1.63 $ 1.47 $ 2.78 $ 3.31
Average shares outstanding:        
Average basic shares outstanding (in shares) 57.7 57.5 57.7 57.4
Average diluted shares outstanding (in shares) 58.7 58.5 58.7 58.5
Dividends per share (in dollars per share) $ 0.255 $ 0.23 $ 0.51 $ 0.46