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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CONDENSED CONSOLIDATED STATEMENTS OF INCOME    
Net sales $ 489.8 $ 478.8
Cost of sales 383.0 407.3
Gross margin 106.8 71.5
Selling, general and administrative expense 61.6 54.2
Other operating income (expense):    
Currency transactions, net (4.3) 5.8
Other operating expense, net (2.5) (3.6)
Income from operations 38.4 19.5
Other income (expense):    
Interest and dividend income 0.4 1.3
Marketable equity securities (1.0) 0.3
Other components of net periodic pension and OPEB cost (0.5) (0.3)
Interest expense (11.6) (9.2)
Income before income taxes 25.7 11.6
Income tax expense 7.6 3.5
Net income $ 18.1 $ 8.1
Net income per share - basic $ 0.16 $ 0.07
Net income per share - diluted $ 0.16 $ 0.07
Weighted average shares outstanding - basic 115.0 115.0
Weighted average shares outstanding - diluted 115.0 115.0