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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net income (loss) $ (70.1) $ 44.2 $ 103.5
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation of property, plant and equipment and amortization of intangible assets and right of use assets 131.9 125.3 113.0
Impairment of property, plant and equipment and intangible assets 80.8 0.0 0.0
Amortization of debt issuance costs 2.0 1.5 2.7
Stock based compensation 13.6 15.3 15.4
Deferred tax (benefit) provision (6.8) (19.7) 6.3
Foreign currency transactions (9.3) (1.7) 5.0
Reclassification of actuarial gains from AOCI 0.0 0.0 (8.9)
Other operating non-cash items, net 1.4 1.8 0.8
Changes in operating assets and liabilities, net:      
Trade receivables 17.4 13.8 131.2
Inventories 36.5 (19.6) (7.7)
Trade payables 15.3 (14.8) 1.6
Other provisions 8.0 1.4 (4.4)
Income tax liabilities 1.4 (17.8) (2.1)
Other assets and liabilities, net (6.3) (4.4) (10.5)
Net cash provided by operating activities 215.8 125.3 345.9
Cash flows from investing activities:      
Acquisition of property, plant and equipment (161.0) (206.7) (172.8)
Net cash used in investing activities (161.0) (206.7) (172.8)
Cash flows from financing activities:      
Proceeds from long-term debt borrowings 0.0 0.0 12.6
Repayments of long-term debt (8.9) (4.1) (3.0)
Payments for debt issue costs (4.6) (0.2) (2.7)
Cash inflows related to current financial liabilities 153.4 263.1 284.4
Cash outflows related to current financial liabilities (151.6) (138.1) (417.9)
Dividends paid to stockholders (4.7) (4.8) (4.9)
Repurchases of Common stock (24.8) (26.6) (65.6)
Net cash provided by (used in) financing activities (41.2) 89.3 (197.1)
Increase (decrease) in cash, cash equivalents and restricted cash 13.6 7.9 (24.0)
Cash, cash equivalents and restricted cash at the beginning of the period 44.7 40.2 63.4
Effect of exchange rate changes on cash 2.9 (3.4) 0.8
Cash, cash equivalents and restricted cash at the end of the period 61.2 44.7 40.2
Less restricted cash at the end of the period 0.5 0.5 2.7
Cash and cash equivalents at the end of the period 60.7 44.2 37.5
Supplemental Cash flow information:      
Cash paid for interest, net (54.3) (48.8) (38.9)
Cash paid for income taxes (41.2) (47.3) (56.1)
Non-cash activity:      
Lease liabilities $ 30.8 $ 28.9 $ 30.0