v3.26.1
CONSOLIDATED AND COMBINED CONDENSED 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 $ 493.2 $ 404.4 $ 880.9 $ 734.7
Operating costs and expenses:        
Cost of sales 284.6 235.6 516.4 425.7
Selling, general and administrative 136.3 113.6 266.9 216.5
Restructuring charges 3.4 7.3 6.5 7.3
Operating profit 68.9 47.9 91.1 85.2
Other (expense) income:        
Interest expense (21.0) (16.4) (38.8) (27.9)
Income (Loss) from Equity Method Investments 0.1 0.3 4.8 0.4
Miscellaneous (expense) income, net 0.1 1.0 0.0 3.2
Total other expense, net (21.0) (15.1) (34.0) (24.3)
Income before income taxes 47.9 32.8 57.1 60.9
Provision for income taxes 11.7 7.8 14.1 14.2
Net income before allocation to noncontrolling interest 36.2 25.0 43.0 46.7
Net Income (Loss) Attributable to Noncontrolling Interest 0.8   1.2 0.1
Net income attributable to common shareholders $ 35.4 $ 24.9 $ 41.8 $ 46.6
Earnings per share:        
Basic (in dollars per share) $ 0.61 $ 0.43 $ 0.73 $ 0.81
Diluted (in dollars per share) $ 0.61 $ 0.43 $ 0.72 $ 0.80
Average shares outstanding:        
Basic (in shares) 57.5 57.4 57.5 57.3
Diluted (in shares) 58.0 57.9 58.0 57.9
Dividends per share (in dollars per share) $ 0.18 $ 0.17 $ 0.36 $ 0.34