v3.26.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ 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 $ 613.8 $ 553.4 $ 1,703.3 $ 1,563.8
Cost of sales 492.0 [1] 450.8 [2] 1,363.1 [1] 1,272.4 [2]
Gross profit 121.8 102.6 340.2 291.4
Operating costs and expenses:        
Engineering, selling and administrative expenses 88.9 83.4 269.9 253.7
Amortization of intangible assets 0.7 0.7 2.3 2.3
Restructuring expense 0.4 0.0 2.0 1.8
Total operating costs and expenses 90.0 84.1 274.2 257.8
Operating income 31.8 18.5 66.0 33.6
Other expense:        
Interest expense (9.2) (9.8) (27.3) (27.7)
Amortization of deferred financing fees (0.4) (0.4) (1.1) (1.1)
Other expense - net (3.4) (0.8) (6.7) (4.8)
Total other expense (13.0) (11.0) (35.1) (33.6)
Income (loss) before income taxes 18.8 7.5 30.9 0.0
Provision (benefit) for income taxes 7.8 2.5 11.7 (0.2)
Net income $ 11.0 $ 5.0 $ 19.2 $ 0.2
Per Share Data and Share Amounts:        
Basic net income per common share $ 0.3 $ 0.14 $ 0.53 $ 0.01
Diluted net income per common share $ 0.3 $ 0.14 $ 0.52 $ 0.01
Weighted average shares outstanding - basic 36,085,624 35,467,707 35,916,406 35,398,738
Weighted average shares outstanding - diluted 36,898,489 36,264,880 36,717,431 35,951,308
[1] The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
[2] The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.