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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Preferred Stock
Cumulative Effect of Accounting Change
[1]
Common Stock
Preferred Stock
Additional Paid-in Capital
Additional Paid-in Capital
Preferred Stock
Additional Paid-in Capital
Cumulative Effect of Accounting Change
[1]
Treasury Stock
Retained Earnings
Retained Earnings
Cumulative Effect of Accounting Change
[1]
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Beginning Balance at Dec. 31, 2020 $ 1,579.3   $ (26.2) $ 0.4 $ 0.0 $ 780.8   $ (36.9) $ (19.3) $ 808.4 $ 10.7 $ 2.4 $ 6.6
Beginning balance (shares) at Dec. 31, 2020       36,190,000                  
Preferred stock balance at the beginning (shares) at Dec. 31, 2020         0                
Increase (Decrease) in Stockholders' Equity                          
Net income 60.9                 59.1     1.8
Other comprehensive income (loss) (24.1)                     (24.1)  
Share-based compensation expense 11.2         11.2              
Common stock issued from share-based compensation plans (shares)       260,000                  
Common stock issued from share-based compensation plans 6.9         6.9              
Common stock repurchases from share-based compensation plan (shares)       (40,000.00)                  
Common stock repurchases from share-based compensation plans (6.4)         (6.4)              
Acquisition of Earthly Labs Inc. (shares)       140,000                  
Acquisition of Earthly Labs Inc. 23.4         23.4              
Other 0.2                       0.2
Ending Balance at Dec. 31, 2021 1,625.2     $ 0.4 $ 0.0 779.0     (19.3) 878.2   (21.7) 8.6
Ending balance (shares) at Dec. 31, 2021       36,550,000                  
Preferred stock balance at the end (shares) at Dec. 31, 2021         0                
Increase (Decrease) in Stockholders' Equity                          
Net income 25.0                 24.0     1.0
Other comprehensive income (loss) (36.3) [1]                     (36.3)  
Share-based compensation expense 10.6         10.6              
Common stock issued from share-based compensation plans (shares)       110,000                  
Common stock issued from share-based compensation plans 2.2         2.2              
Common stock repurchases from share-based compensation plan (shares)       (20,000.00)                  
Common stock repurchases from share-based compensation plans (3.6)         (3.6)              
Stock issuance, net of equity issuance costs (shares)       5,920,000 400,000                
Stock issuance, net of equity issuance costs 675.1 $ 388.1       675.1 $ 388.1            
Acquisition of Earthly Labs Inc. (1.2)         (1.2)              
Other (0.8)                       (0.8)
Ending Balance at Dec. 31, 2022 $ 2,684.3     $ 0.4 $ 0.0 1,850.2     (19.3) 902.2   (58.0) 8.8
Ending balance (shares) at Dec. 31, 2022 42,563,032     42,560,000                  
Preferred stock balance at the end (shares) at Dec. 31, 2022 402,500       400,000                
Increase (Decrease) in Stockholders' Equity                          
Net income $ 56.9                       9.6
Other comprehensive income (loss) 68.8                     68.8  
Share-based compensation expense $ 12.6         12.6              
Common stock issued from share-based compensation plans (shares) 20,000.00     110,000                  
Common stock issued from share-based compensation plans $ 1.0         1.0              
Common stock repurchases from share-based compensation plan (shares)       (20,000.00)                  
Common stock repurchases from share-based compensation plans (3.0)         (3.0)              
Stock issuance, net of equity issuance costs (shares)       100,000                  
Stock issuance, net of equity issuance costs 11.7         11.7              
Preferred stock dividends (27.3)                 (27.3)      
Purchase of noncontrolling interest 146.3                       146.3
Dividend distribution to noncontrolling interest (12.2)                       (12.2)
Other (0.1)                 (0.1)      
Ending Balance at Dec. 31, 2023 $ 2,939.0     $ 0.4 $ 0.0 $ 1,872.5     $ (19.3) $ 922.1   $ 10.8 $ 152.5
Ending balance (shares) at Dec. 31, 2023 42,754,241     42,750,000                  
Preferred stock balance at the end (shares) at Dec. 31, 2023 402,500       400,000                
[1] Cumulative effect of change in accounting principle refers to the impact of the adoption of Accounting Standards Update 2020-06, “Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entities Own Equity (Subtopic 815-40)” in relation to our convertible notes due November 2024.