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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 419.5 $ 364.7 $ 1,331.5 $ 1,148.3
Cost of sales 327.9 282.9 1,001.4 890.3
Gross margin 91.6 81.8 330.1 258.0
Selling, general and administrative expenses 35.4 29.0 121.9 107.2
Research and technology expenses 13.4 11.6 40.6 33.8
Other operating (income) expense (0.8) 0.4 (0.1) (17.7)
Operating income 43.6 40.8 167.7 134.7
Interest expense, net 7.8 9.0 26.4 27.0
Other income 0.0 0.0 0.0 (0.3)
Income before income taxes, and equity in earnings from affiliated companies 35.8 31.8 141.3 108.0
Income tax (benefit) expense (0.7) 6.8 22.5 24.2
Income before equity in earnings from affiliated companies 36.5 25.0 118.8 83.8
Equity in earnings from affiliated companies 2.2 1.8 5.1 5.5
Net income $ 38.7 $ 26.8 $ 123.9 $ 89.3
Basic net income per common share $ 0.46 $ 0.32 $ 1.46 $ 1.06
Diluted net income (loss) per common share $ 0.45 $ 0.31 $ 1.45 $ 1.05
Weighted-average common shares:        
Basic 84.6 84.4 84.6 84.4
Diluted 85.6 85.1 85.5 85.0