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 $ 305.1 $ 333.1 $ 877.2 $ 912.5
Cost of sales 172.3 199.2 489.0 538.9
Gross profit 132.8 133.9 388.2 373.6
Selling, general, and administrative expenses 38.1 44.1 117.8 129.6
Research and technical expenses 8.3 7.0 21.1 21.0
Restructuring and other (income) charges, net 0.2 1.0 2.4 10.1
Goodwill impairment charge 0.0 0.0 0.0 183.8
Long-lived asset impairment charge 0.0 0.0 32.1 [1] 0.0 [1]
Other (income) expense, net 3.8 1.2 21.4 9.5
Interest expense, net 13.5 18.4 43.6 56.4
Income (loss) from continuing operations before income taxes 68.9 62.2 149.8 (36.8)
(Provision) benefit for income taxes on continuing operations 17.8 21.4 35.5 34.7
Net income (loss) from continuing operations 51.1 40.8 114.3 (71.5)
Income (loss) from discontinued operations, net of income taxes (1.8) 2.7 30.1 (11.0)
Net income (loss) $ 49.3 $ 43.5 $ 144.4 [1] $ (82.5) [1]
Per share data        
Basic earnings (loss) per share from continuing operations (usd per share) $ 1.49 $ 1.12 $ 3.29 $ (1.97)
Basic earnings (loss) per share from discontinued operations (usd per share) (0.05) 0.08 0.87 (0.30)
Basic earnings (loss) per share (usd per share) 1.44 1.20 4.16 (2.27)
Diluted earnings (loss) per share from continuing operations (usd per share) 1.46 1.10 3.23 (1.97)
Diluted earnings (loss) per share from discontinued operations (usd per share) (0.05) 0.08 0.85 (0.30)
Diluted earnings (loss) per share (usd per share) $ 1.41 $ 1.18 $ 4.08 $ (2.27)
[1] The cash flows related to discontinued operations have not been segregated and remain included in the major classes of assets and liabilities. Accordingly, the condensed consolidated statements of cash flows include the results of continuing and discontinued operations.