Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Schedule of Supplemental Balance Sheet Information Related To Leases

Supplemental balance sheet information related to leases is as follows:

(dollars in millions)	December 31, 2022		December 31, 2021
Liabilities
Short term: Accrued liabilities	$	9.9	$	11.7
Long term: Operating lease liabilities	22.4		22.3
Total operating lease liabilities	$	32.3	$	34.0
Less: Rent incentives and deferrals	(2.5)		(1.5)
Assets
Operating lease assets	$	29.8	$	32.5

Lease Term and Discount Rate	December 31, 2022
Weighted-average remaining lease term	6.4 years
Weighted-average discount rate	3.21%

Schedule of Components of Lease Expense

The components of lease expense were as follows:

(dollars in millions)
Lease Expense(1)	Classification	Year ended December 31, 2022		Year ended December 31, 2021
Operating lease expense	Cost of products sold	$	4.3	$	3.6
	Selling, general and administrative expenses	15.8		16.8

(1)Includes short-term lease expense of $2.1 million and variable lease expenses of $3.1 million for the year ended December 31, 2022 and short-term lease expense of $2.5 million and variable lease expenses of $2.3 million for the year ended December 31, 2021, respectively.

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities were as follows:

(dollars in millions)	December 31, 2022
2023	$	10.6
2024	7.9
2025	5.3
2026	3.2
2027	1.7
After 2027	7.5
Total lease payments	36.2
Less: Imputed interest	(3.9)
Present value of operating lease liabilities	$	32.3