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CONSOLIDATED AND COMBINED CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net sales $ 313.6 $ 329.1
Operating costs and expenses:    
Cost of sales 161.2 174.4
Selling, general and administrative 94.3 88.8
Restructuring charges, net 2.7 0.0
Operating profit 55.4 65.9
Other income (expense):    
Interest income 0.6 0.2
Miscellaneous income, net 0.6 1.4
Total other expense, net (8.7) (11.3)
Income before income taxes 46.7 54.6
Provision for income taxes 8.9 10.9
Net income attributable to common shareholders $ 37.8 $ 43.7
Earnings per share:    
Basic (in dollars per share) $ 0.66 $ 0.77
Diluted (in dollars per share) $ 0.66 $ 0.77
Average shares outstanding:    
Basic (in shares) 57.0 56.7
Diluted (in shares) 57.7 56.7
Dividends per share (in dollars per share) $ 0.16  
Nonrelated Party    
Other income (expense):    
Interest expense $ (9.9) $ (10.4)
Related Party    
Other income (expense):    
Interest expense $ 0.0 $ (2.5)