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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net sales $ 458.8 $ 541.2 $ 959.5 $ 1,025.7
Cost of sales 341.7 421.4 706.0 788.0
Gross profit 117.1 119.8 253.5 237.7
Selling, general and administrative expenses 55.0 59.7 112.7 117.2
Research and development costs 5.9 5.9 12.1 11.4
Other (income) expenses, net (2.7) 1.3 (3.7) 1.6
Income from operations 58.9 52.9 132.4 107.5
Interest and other financial expense, net 13.5 10.5 28.7 18.9
Reclassification of actuarial gain from AOCI (2.3) 0.0 (4.5) 0.0
Income before earnings in affiliated companies and income taxes 47.7 42.4 108.2 88.6
Income tax expense 17.8 12.8 36.1 26.6
Earnings in affiliated companies, net of tax 0.2 0.1 0.3 0.2
Net income $ 30.1 $ 29.7 $ 72.4 $ 62.2
Weighted-average shares outstanding (in thousands):        
Basic (in shares) 59,012 60,807 59,646 60,880
Diluted (in shares) 59,510 61,010 60,085 61,237
Earnings per share:        
Basic (in USD per share) $ 0.51 $ 0.49 $ 1.21 $ 1.02
Diluted (in USD per share) $ 0.51 $ 0.49 $ 1.20 $ 1.02