XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net sales $ 472.3 $ 457.7
Cost of sales 354.1 330.0
Gross margin 118.2 127.7
Selling, general and administrative expenses 49.0 50.8
Research and technology expenses 15.1 13.9
Other operating expense 1.2 0.2
Operating income (loss) 52.9 62.8
Interest expense, net 6.5 9.4
Income before income taxes, and equity in earnings from affiliated companies 46.4 53.4
Income tax expense 9.9 11.7
Income before equity in earnings from affiliated companies 36.5 41.7
Equity in earnings from affiliated companies 0.0 1.0
Net income $ 36.5 $ 42.7
Basic net income per common share $ 0.44 $ 0.5
Diluted net income per common share $ 0.43 $ 0.5
Weighted-average common shares:    
Basic 83.9 84.6
Diluted 84.8 85.5