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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 6.7 $ 29.2
Receivables, less allowances for credit losses of $21.0 million at June 30, 2025, and $21.5 million at December 31, 2024 290.0 273.2
Inventories 153.4 162.4
Prepaid expenses and other current assets 42.7 69.5
Total current assets 492.8 534.3
Property, plant and equipment—net 485.8 499.7
Operating lease right-of-use assets—net 74.2 78.9
Goodwill 107.6 100.3
Other intangible assets—net 16.4 7.2
Other long-term assets 64.0 78.6
Total assets 1,240.8 1,299.0
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Accounts payable 288.4 356.7
Other current liabilities 190.0 289.2
Short-term debt and current portion of long-term debt 32.5 28.0
Current portion of finance lease obligations 0.8 0.8
Current portion of operating lease obligations 22.6 24.0
Total current liabilities 534.3 698.7
Long-term debt 420.5 349.1
Finance lease obligations 1.1 1.3
Operating lease obligations 57.1 61.4
Deferred income taxes 3.8 3.2
Other long-term liabilities 137.0 135.4
Total liabilities 1,153.8 1,249.1
Commitments and contingencies (Note 7)
Shareholders’ equity    
Preferred stock 0.0 0.0
Additional paid-in capital 843.1 842.8
Treasury stock, at cost (35.5) (28.0)
Accumulated deficit (637.0) (635.1)
Accumulated other comprehensive loss (85.0) (131.2)
Total shareholders’ equity 87.0 49.9
Total liabilities and shareholders’ equity 1,240.8 1,299.0
Common Class A    
Shareholders’ equity    
Common stock 1.0 1.0
Common Class B    
Shareholders’ equity    
Common stock 0.4 0.4
Common Class C    
Shareholders’ equity    
Common stock $ 0.0 $ 0.0