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Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2024
Stockholders' Equity Note [Abstract]  
Schedule of Accumulated Other Comprehensive (Loss) Activity

Accumulated Other Comprehensive (Loss)

 

 

Foreign
Currency
Translation Adjustments
(1)

 

 

Derivative
 Gain
(1)

 

 

Pension and Postretirement Adjustments (1)

 

 

Total
Accumulated
Other
Comprehensive
(Loss)
 (1)

 

Balance, December 31, 2023

 

$

1.0

 

 

$

0.5

 

 

$

(106.2

)

 

$

(104.7

)

Other comprehensive (loss) income before reclassifications,
   net of tax benefit (expense) of $
0.1, ($0.7), $- and ($0.6)

 

 

(0.8

)

 

 

2.2

 

 

 

-

 

 

 

1.4

 

Amounts reclassified from accumulated other
   comprehensive (loss)

 

 

-

 

 

 

(1.7

)

 

 

(0.6

)

 

 

(2.3

)

Net current period other comprehensive (loss) income

 

 

(0.8

)

 

 

0.5

 

 

 

(0.6

)

 

 

(0.9

)

Balance, March 31, 2024

 

$

0.2

 

 

$

1.0

 

 

$

(106.8

)

 

$

(105.6

)

 

 

 

 

Foreign
Currency
Translation Adjustments
(1)

 

 

Derivative
Gain
(1)

 

 

Pension and Postretirement Adjustments (1)

 

 

Total
Accumulated
Other
Comprehensive
(Loss)
(1)

 

Balance, December 31, 2022

 

$

0.5

 

 

$

9.5

 

 

$

(110.1

)

 

$

(100.1

)

Other comprehensive (loss) income before reclassifications,
   net of tax benefit (expense) of $
-, $0.2, ($0.2) and $-

 

 

(0.1

)

 

 

(0.3

)

 

 

0.4

 

 

 

-

 

Amounts reclassified from accumulated other
   comprehensive (loss)

 

 

-

 

 

 

(1.9

)

 

 

(0.2

)

 

 

(2.1

)

Net current period other comprehensive (loss) income

 

 

(0.1

)

 

 

(2.2

)

 

 

0.2

 

 

 

(2.1

)

Balance, March 31, 2023

 

$

0.4

 

 

$

7.3

 

 

$

(109.9

)

 

$

(102.2

)

 

(1) Amounts are net of tax.

Reclassification out of Accumulated Other Comprehensive (Loss)

 

 

Amounts
Reclassified from
Accumulated Other
Comprehensive
(Loss)

 

Affected Line Item in the
Condensed Consolidated
Statements of Earnings
and Comprehensive
Income

 

 

Three Months Ended March 31,

 

 

 

 

2024

 

 

2023

 

 

Derivative Adjustments:

 

 

 

 

 

 

 

Interest rate swap contracts, before tax

 

$

(2.1

)

 

$

(2.4

)

Interest expense

Tax impact

 

 

0.4

 

 

 

0.5

 

Income tax expense

Total (income), net of tax

 

 

(1.7

)

 

 

(1.9

)

 

 

 

 

 

 

 

 

 

Pension and Postretirement Adjustments:

 

 

 

 

 

 

 

Amortization of prior service credit

 

 

(0.1

)

 

 

-

 

Other non-operating (income), net

Amortization of net actuarial (gain)

 

 

(0.8

)

 

 

(0.2

)

Other non-operating (income), net

Total (income), before tax

 

 

(0.9

)

 

 

(0.2

)

 

Tax impact

 

 

0.3

 

 

 

-

 

Income tax expense

Total (income), net of tax

 

 

(0.6

)

 

 

(0.2

)

 

Total reclassifications for the period

 

$

(2.3

)

 

$

(2.1

)