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CONSOLIDATED AND COMBINED CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net sales $ 352.4 $ 334.0 $ 681.5 $ 666.6
Operating costs and expenses:        
Cost of sales 184.0 182.8 358.4 361.9
Selling, general and administrative 99.6 77.8 188.4 154.4
Operating profit 68.8 73.4 134.7 150.3
Other income (expense):        
Interest income 0.2 0.1 0.4 0.1
Miscellaneous income, net 1.0 2.1 2.4 2.9
Total other expense, net (12.9) (11.9) (24.2) (25.3)
Income before income taxes 55.9 61.5 110.5 125.0
Provision for income taxes 12.7 12.7 23.6 26.7
Net income attributable to common shareholders $ 43.2 $ 48.8 $ 86.9 $ 98.3
Earnings per share:        
Basic (in dollars per share) $ 0.76 $ 0.86 $ 1.53 $ 1.73
Diluted (in dollars per share) $ 0.75 $ 0.86 $ 1.51 $ 1.73
Average shares outstanding:        
Basic (in shares) 56.8 56.7 56.8 56.7
Diluted (in shares) 57.4 56.7 57.4 56.7
Dividends per share (in dollars per share) $ 0.14   $ 0.14  
Nonrelated Party        
Other income (expense):        
Interest expense $ (14.1) $ (10.5) $ (24.5) $ (21.0)
Related Party        
Other income (expense):        
Interest expense $ 0.0 $ (3.6) $ (2.5) $ (7.3)