v3.26.3
Equity (Tables)
9 Months Ended
Sep. 30, 2026
Equity [Abstract]  
Schedule of Stockholders' Equity
Common StockAdditional paid-in capitalRetained earningsAccumulated other
comprehensive income (loss)
Treasury stockTotal Equity
In millions, shares in thousandsSharesAmount
Balance at December 31, 202543,892 $0.4 $195.7 $404.9 $0.5 $(571.8)$29.7 
Net income (loss)— — — 59.8 — — 59.8 
Other comprehensive income (loss)— — — — (2.1)— (2.1)
Common stock issued171 — — — — — — 
Exercise of stock options, net59 — 3.3 — — — 3.3 
Tax payments related to vested restricted stock units— — — — — (4.3)(4.3)
Share repurchase program— — — — — (52.3)(52.3)
Share-based compensation plans— — 4.4 — — 0.4 4.8 
Balance at March 31, 202644,122 $0.4 $203.4 $464.7 $(1.6)$(628.0)$38.9 
Net income (loss)— $— $— $35.3 $— $— $35.3 
Other comprehensive income (loss)— — — — 2.6 — 2.6 
Common stock issued67 — — — — — — 
Exercise of stock options, net28 — 1.8 — — — 1.8 
Tax payments related to vested restricted stock units— — — — — (1.3)(1.3)
Share repurchase program— — — — — (35.1)(35.1)
Share-based compensation plans— — 3.9 — — 0.8 4.7 
Balance at June 30, 202644,217 $0.4 $209.1 $500.0 $1.0 $(663.6)$46.9 
Net income (loss)— — — 49.3 — — 49.3 
Other comprehensive income (loss)— — — — 1.8 — 1.8 
Common stock issued20 — — — — — — 
Exercise of stock options, net1 — — — — — — 
Tax payments related to vested restricted stock units— — — — — (0.5)(0.5)
Share repurchase program— — — — — (38.9)(38.9)
Share-based compensation plans— — 4.0 — — 0.4 4.4 
Balance at September 30, 202644,238 $0.4 $213.1 $549.3 $2.8 $(702.6)$63.0 
Common StockAdditional paid-in capitalRetained earningsAccumulated other
comprehensive income (loss)
Treasury stockTotal Equity
In millions, shares in thousandsSharesAmount
Balance at December 31, 202443,630 $0.4 $176.8 $572.0 $(41.4)$(512.6)$195.2 
Net income (loss)— — — 20.5 — — 20.5 
Other comprehensive income (loss)— — — — 17.4 — 17.4 
Common stock issued155 — — — — — — 
Tax payments related to vested restricted stock units— — — — — (2.6)(2.6)
Share-based compensation plans— — 4.1 — — — 4.1 
Balance at March 31, 202543,785 $0.4 $180.9 $592.5 $(24.0)$(515.2)$234.6 
Net income (loss)— $— $— $(146.5)$— $— $(146.5)
Other comprehensive income (loss)— — — — 28.2 — 28.2 
Common stock issued15 — — — — — — 
Share-based compensation plans— — 4.4 — — — 4.4 
Balance at June 30, 202543,800 $0.4 $185.3 $446.0 $4.2 $(515.2)$120.7 
Net income (loss)— — — 43.5 — — 43.5 
Other comprehensive income (loss)— — — — (6.6)— (6.6)
Common stock issued9 — — — — — — 
Exercise of stock options, net22 — 0.6 — — — 0.6 
Tax payments related to vested restricted stock units— — — — — (0.2)(0.2)
Share repurchase program— — — — — (25.2)(25.2)
Share-based compensation plans— — 5.3 — — — 5.3 
Balance at September 30, 202543,831 $0.4 $191.2 $489.5 $(2.4)$(540.6)$138.1 
Schedule of Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss)
Three Months Ended September 30,Nine Months Ended September 30,
In millions2026202520262025
Foreign currency translation
Beginning balance$(1.8)$2.3 $(1.9)$(44.4)
Gains (losses) on foreign currency translation2.0 (5.8)2.1 40.9 
Other comprehensive income (loss), net of tax2.0 (5.8)2.1 40.9 
Ending balance$0.2 $(3.5)$0.2 $(3.5)
Derivative instruments
Beginning balance$(0.6)$(0.6)$(1.0)$0.5 
Gains (losses) on derivative instruments(0.5)(0.9)(0.1)(2.6)
Less: tax provision (benefit)(0.1)(0.2)— (0.6)
Net gains (losses) on derivative instruments(0.4)(0.7)(0.1)(2.0)
(Gains) losses reclassified to net income0.3 (0.2)0.4 0.1 
Less: tax (provision) benefit0.1 (0.1)0.1 — 
Net (gains) losses reclassified to net income0.2 (0.1)0.3 0.1 
Other comprehensive income (loss), net of tax(0.2)(0.8)0.2 (1.9)
Ending balance$(0.8)$(1.4)$(0.8)$(1.4)
Pension and other postretirement benefits
Beginning balance$3.4 $2.5 $3.4 $2.5 
Other comprehensive income (loss), net of tax— — — — 
Ending balance$3.4 $2.5 $3.4 $2.5 
Total AOCI ending balance at September 30$2.8 $(2.4)$2.8 $(2.4)
Reclassifications of accumulated other comprehensive income (loss)
Three Months Ended September 30,Nine Months Ended September 30,
In millions2026202520262025
Derivative instruments
Currency exchange contracts (1)
$— $(0.1)$— $(0.3)
Natural gas contracts (2)
(0.3)0.3 (0.4)0.2 
Total before tax(0.3)0.2 (0.4)(0.1)
(Provision) benefit for income taxes0.1 (0.1)0.1 — 
Amount included in net income (loss)$(0.2)$0.1 $(0.3)$(0.1)
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(1) Included within "Net sales" on the condensed consolidated statements of operations.
(2) Included within "Cost of sales" on the condensed consolidated statements of operations.