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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock
Capital in Excess of Par Value
Reinvested Earnings
Common Stock in Treasury
Accumulated Other Comprehensive (Loss) Income
Balances, beginning of period at Jun. 30, 2021 $ 1,392.3 $ 280.1 $ 322.6 $ 1,299.3 $ (317.4) $ (192.3)
Increase (Decrease) in Stockholders' Equity            
Net income (loss) (49.1)     (49.1)    
Net gain (loss) on derivative instruments, net of tax (1.4)         (1.4)
Pension and postretirement benefits, net of tax 26.2         26.2
Foreign currency translation (6.0)         (6.0)
Cash dividends:            
Common (39.2)     (39.2)    
Share-based compensation plans 7.7   (2.3)   10.0  
Balances, end of period at Jun. 30, 2022 $ 1,330.5 $ 280.1 320.3 1,211.0 $ (307.4) (173.5)
Balances, beginning of period (in shares) at Jun. 30, 2021 48,040,676 56,024,619        
Balances, beginning of period (in shares) at Jun. 30, 2021         (7,983,943)  
Common Shares            
Stock options exercised (in shares) 891 891        
Share-based compensation plans (in shares) 244,872       244,872  
Balances, end of period (in shares) at Jun. 30, 2022 48,286,439 56,025,510        
Balances, end of period (in shares) at Jun. 30, 2022         (7,739,071)  
Increase (Decrease) in Stockholders' Equity            
Net income (loss) $ 56.4     56.4    
Net gain (loss) on derivative instruments, net of tax (12.5)         (12.5)
Pension and postretirement benefits, net of tax 37.4         37.4
Foreign currency translation 5.6         5.6
Cash dividends:            
Common (39.4)     (39.4)    
Share-based compensation plans 13.1   3.7   $ 9.4  
Stock options exercised 5.0 $ 0.6 4.4      
Balances, end of period at Jun. 30, 2023 $ 1,396.1 $ 280.7 328.4 1,228.0 $ (298.0) (143.0)
Common Shares            
Stock options exercised (in shares) 117,621 117,621        
Share-based compensation plans (in shares) 231,680       231,680  
Balances, end of period (in shares) at Jun. 30, 2023 48,635,740 56,143,131        
Balances, end of period (in shares) at Jun. 30, 2023 (7,507,391)       (7,507,391)  
Increase (Decrease) in Stockholders' Equity            
Net income (loss) $ 186.5     186.5    
Net gain (loss) on derivative instruments, net of tax 1.1         1.1
Pension and postretirement benefits, net of tax 51.2         51.2
Foreign currency translation (3.2)         (3.2)
Cash dividends:            
Common (40.0)     (40.0)    
Share-based compensation plans 9.6   0.9   $ 8.7  
Stock options exercised 27.5 $ 4.2 23.3      
Balances, end of period at Jun. 30, 2024 $ 1,628.8 $ 284.9 $ 352.6 $ 1,374.5 $ (289.3) $ (93.9)
Common Shares            
Stock options exercised (in shares) 835,532 835,532        
Share-based compensation plans (in shares) 305,683       305,683  
Balances, end of period (in shares) at Jun. 30, 2024 49,776,955 56,978,663        
Balances, end of period (in shares) at Jun. 30, 2024 (7,201,708)       (7,201,708)