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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net sales $ 454.3 $ 393.0 $ 912.0 $ 783.6
Cost of sales 343.5 303.5 673.5 607.4
Gross margin 110.8 89.5 238.5 176.2
Selling, general and administrative expenses 35.7 33.5 86.5 78.2
Research and technology expenses 13.3 11.3 27.2 22.2
Other operating expense (income) 0.5 (19.1) 0.7 (18.1)
Operating income 61.3 63.8 124.1 93.9
Interest expense, net 9.2 8.9 18.6 18.0
Other income 0.0 (0.3) 0.0 (0.3)
Income before income taxes, and equity in earnings from affiliated companies 52.1 55.2 105.5 76.2
Income tax expense 11.5 12.7 23.2 17.4
Income before equity in earnings from affiliated companies 40.6 42.5 82.3 58.8
Equity in earnings from affiliated companies 1.9 2.2 2.9 3.7
Net income $ 42.5 $ 44.7 $ 85.2 $ 62.5
Basic net income per common share $ 0.50 $ 0.53 $ 1.01 $ 0.74
Diluted net income (loss) per common share $ 0.50 $ 0.53 $ 1.00 $ 0.74
Weighted-average common shares:        
Basic 84.7 84.4 84.6 84.3
Diluted 85.6 85.0 85.5 84.9