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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 463.4 $ 466.2 $ 1,443.3 $ 1,425.7
Cost of sales 355.9 356.0 1,103.8 1,062.0
Gross profit 107.5 110.2 339.5 363.7
Selling, general and administrative expenses 57.9 55.6 179.7 168.3
Research and development costs 7.0 6.2 20.1 18.3
Loss due to misappropriation of assets, net 60.7 0.0 60.7 0.0
Other (income) expenses, net (2.8) 2.7 (0.1) (1.0)
Income (loss) from operations (15.3) 45.7 79.1 178.1
Interest and other financial expense, net 15.9 12.9 40.8 41.6
Reclassification of actuarial gain from AOCI 0.0 (2.2) 0.0 (6.7)
Income (loss) before earnings in affiliated companies and income taxes (31.2) 35.0 38.3 143.2
Income tax expense (benefit) (10.8) 8.9 11.8 45.0
Earnings in affiliated companies, net of tax 0.2 0.1 0.5 0.4
Net income (loss) $ (20.2) $ 26.2 $ 27.0 $ 98.6
Weighted-average shares outstanding (in thousands):        
Basic (in shares) 58,191 58,572 58,406 59,284
Diluted (in shares) 58,738 59,252 58,942 59,934
Earnings (loss) per share:        
Basic (in USD per share) $ (0.35) $ 0.45 $ 0.46 $ 1.66
Diluted (in USD per share) $ (0.35) $ 0.44 $ 0.46 $ 1.65