XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Net sales $ 477.7 $ 502.9
Cost of sales 379.6 380.7
Gross profit 98.1 122.2
Selling, general and administrative expenses 58.4 61.5
Research and development costs 6.6 6.6
Other expenses, net 1.9 1.3
Income from operations 31.2 52.8
Interest and other financial expense, net 13.7 12.7
Income before earnings in affiliated companies and income taxes 17.5 40.1
Income tax expense 8.9 13.5
Earnings in affiliated companies, net of tax 0.5 0.1
Net income $ 9.1 $ 26.7
Weighted-average shares outstanding (in thousands):    
Basic (in shares) 57,058 58,640
Diluted (in shares) 57,200 59,229
Earnings per share:    
Basic (in USD per share) $ 0.16 $ 0.46
Diluted (in USD per share) $ 0.16 $ 0.45