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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income $ 118,200,000 $ 188,000,000.0 $ 203,700,000
Income from discontinued operations, net of tax 2,100,000 1,800,000 300,000
Net income from continuing operations 116,100,000 186,200,000 203,400,000
Reconciliations of net income to net cash flows provided by operating activities:      
Depreciation and amortization 166,700,000 161,300,000 163,900,000
Deferred income taxes (69,900,000) 15,100,000 (46,700,000)
Foreign exchange (gain) loss (10,600,000) 3,400,000 (6,900,000)
Incentive stock compensation 9,400,000 17,700,000 40,100,000
Goodwill impairment 80,000,000 0 0
Other, net 42,200,000 11,400,000 18,000,000.0
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable (6,800,000) 6,400,000 (48,700,000)
Inventories (9,500,000) (31,200,000) (46,500,000)
Accounts payable 300,000 (100,000) 16,800,000
Accrued expenses 9,900,000 (33,000,000.0) 42,600,000
Prepaid expenses and other current assets 1,900,000 (26,600,000) (25,100,000)
Other assets and liabilities 3,900,000 (14,700,000) 15,100,000
Net cash flows provided by operating activities 333,600,000 295,900,000 326,000,000.0
Cash flows from investing activities:      
Capital expenditures (52,700,000) (47,800,000) (46,300,000)
Proceeds from disposal of property, plant and equipment 1,400,000 4,800,000 0
Acquisitions, net of cash acquired (214,800,000) (22,600,000) (536,500,000)
Other, net 15,900,000 (9,600,000) 13,900,000
Net cash flows used in investing activities (250,200,000) (75,200,000) (568,900,000)
Cash flows from financing activities:      
Debt proceeds, net of discount 1,297,100,000 0 398,000,000.0
Repayments of borrowings (1,264,100,000) (16,400,000) (10,000,000.0)
Repurchases of common stock 0 (151,000,000.0) (19,600,000)
Dividends (77,400,000) (78,400,000) (61,900,000)
Payment of financing fees (6,300,000) (1,900,000) (5,100,000)
Other, net (8,000,000.0) (27,900,000) (11,400,000)
Net cash flows (used in) provided by financing activities (58,700,000) (275,600,000) 290,000,000.0
Net cash flows provided by (used in) operating activities of discontinued operations 2,200,000 1,800,000 (3,500,000)
Effect of exchange rate changes on cash and cash equivalents (3,200,000) (11,400,000) (5,400,000)
Net increase (decrease) in cash and cash equivalents 23,700,000 (64,500,000) 38,200,000
Cash and cash equivalents at beginning of period 265,600,000 330,100,000 291,900,000
Cash and cash equivalents at end of period 289,300,000 265,600,000 330,100,000
Continuing Operations      
Supplemental cash flow information:      
Cash paid for interest 56,100,000 46,900,000 50,600,000
Cash paid for income taxes 73,700,000 66,500,000 71,200,000
Discontinued Operations      
Supplemental cash flow information:      
Cash paid for income taxes $ 0 $ 0 $ 3,100,000