v3.26.3
STATEMENTS OF CONSOLIDATED INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Net sales $ 1,214.5 $ 843.5 $ 3,577.9 $ 2,444.0
Costs and expenses:        
Cost of products sold, excluding depreciation and amortization 1,098.8 728.8 3,099.6 2,125.0
Depreciation and amortization 27.9 32.0 87.9 91.6
Selling, general, administrative, research and development 32.1 33.9 103.2 97.3
Restructuring costs 0.0 0.0 0.0 1.9
Other operating charges, net 0.5 0.0 0.5 0.0
Total costs and expenses 1,159.3 794.7 3,291.2 2,315.8
Operating income 55.2 48.8 286.7 128.2
Other (expense) income:        
Interest expense (14.2) (12.4) (43.1) (36.1)
Other (expense) income, net - Note 8 (0.8) 11.4 5.3 14.4
Income before income taxes 40.2 47.8 248.9 106.5
Income tax provision (9.2) (8.3) (58.6) (22.2)
Net income $ 31.0 $ 39.5 $ 190.3 [1] $ 84.3 [1]
Net income per common share:        
Basic $ 1.9 $ 2.44 $ 11.67 $ 5.22
Diluted $ 1.84 $ 2.38 $ 11.26 $ 5.1
Weighted-average number of common shares outstanding (in thousands):        
Basic 16,349 16,192 16,314 16,156
Diluted 16,886 16,612 16,898 16,511
[1] See Note 11 for supplemental cash flow information.