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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 190.8 $ 184.3
Accounts and notes receivable, net 332.4 254.2
Inventories 285.0 266.6
Prepaid expenses and other current assets 47.8 49.9
Total current assets 856.0 755.0
Property, plant and equipment, net 198.9 186.2
Investments and advances related to equity method investees 93.2 84.9
Goodwill 84.7 84.7
Other assets 81.2 79.5
TOTAL ASSETS 1,314.0 1,190.3
LIABILITIES    
Accounts payable 240.7 193.1
Accrued compensation, benefits and retirement costs 29.5 37.2
Current portion of accrued product warranty 4.9 4.9
Current maturities of long-term debt 30.0 22.5
Other accrued expenses 93.8 87.2
Total current liabilities 398.9 344.9
Long-term debt 555.0 570.0
Accrued product warranty 7.3 7.3
Other liabilities 36.5 40.7
TOTAL LIABILITIES 997.7 962.9
Commitments and contingencies (Note 10)
EQUITY    
Common stock, $0.0001 par value (2,000,000,000 shares authorized, 82,159,427 and 83,403,813 shares issued at June 30, 2025 and December 31, 2024, respectively) 0.0 0.0
Additional paid-in capital 67.2 61.9
Retained earnings 360.8 264.5
Accumulated other comprehensive loss (61.3) (79.0)
Treasury stock, at cost (1,321,666 shares at June 30, 2025 and 537,643 at December 31, 2024) (50.4) (20.0)
TOTAL EQUITY 316.3 227.4
TOTAL LIABILITIES AND EQUITY $ 1,314.0 $ 1,190.3