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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 244,500,000 $ 118,200,000 $ 188,000,000.0
Income from discontinued operations, net of tax 1,600,000 2,100,000 1,800,000
Net income from continuing operations 242,900,000 116,100,000 186,200,000
Reconciliations of net income to net cash flows provided by operating activities:      
Depreciation and amortization 157,600,000 166,700,000 161,300,000
Deferred income taxes (39,200,000) (69,900,000) 15,100,000
Foreign exchange (gains) losses (24,400,000) (10,600,000) 3,400,000
Incentive stock compensation 14,800,000 9,400,000 17,700,000
Goodwill impairment 0 80,000,000.0 0
Other, net 22,900,000 42,200,000 11,400,000
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable (29,900,000) (6,800,000) 6,400,000
Inventories 7,800,000 (9,500,000) (31,200,000)
Accounts payable (1,000,000.0) 300,000 (100,000)
Accrued expenses 33,000,000.0 9,900,000 (33,000,000.0)
Prepaid expenses and other current assets (4,200,000) 1,900,000 (26,600,000)
Other assets and liabilities (18,300,000) 3,900,000 (14,700,000)
Net cash flows provided by operating activities 362,000,000.0 333,600,000 295,900,000
Cash flows from investing activities:      
Capital expenditures (68,400,000) (52,700,000) (47,800,000)
Proceeds from disposal of property, plant and equipment 0 1,400,000 4,800,000
Acquisitions, net of cash acquired (3,900,000) (214,800,000) (22,600,000)
Other, net (1,500,000) 15,900,000 (9,600,000)
Net cash flows used in investing activities (73,800,000) (250,200,000) (75,200,000)
Cash flows from financing activities:      
Debt proceeds, net of discount 1,040,100,000 1,297,100,000 0
Repayments of borrowings (1,152,600,000) (1,264,100,000) (16,400,000)
Repurchases of common stock 0 0 (151,000,000.0)
Dividends (78,200,000) (77,400,000) (78,400,000)
Payment of financing fees (3,200,000) (6,300,000) (1,900,000)
Other, net (12,700,000) (8,000,000.0) (27,900,000)
Net cash flows used in financing activities (206,600,000) (58,700,000) (275,600,000)
Net cash flows provided by operating activities of discontinued operations 1,600,000 2,200,000 1,800,000
Effect of exchange rate changes on cash and cash equivalents (13,100,000) (3,200,000) (11,400,000)
Net increase (decrease) in cash and cash equivalents 70,100,000 23,700,000 (64,500,000)
Cash and cash equivalents at beginning of period 289,300,000 265,600,000 330,100,000
Cash and cash equivalents at end of period 359,400,000 289,300,000 265,600,000
Continuing Operations      
Supplemental disclosure information of continuing operations:      
Cash paid for interest 64,800,000 56,100,000 46,900,000
Cash paid for income taxes $ 87,200,000 $ 73,700,000 $ 66,500,000