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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES    
Net income $ 104.6 $ 101.7
Adjustments to reconcile net income to operating cash flows:    
Depreciation and amortization 14.6 11.7
Deferred income taxes 0.0 (4.0)
Equity in income of investees, net of dividends (7.9) (5.8)
Share-based compensation 5.3 6.0
Foreign currency remeasurement and transaction exposure (3.8) (2.3)
Changes in current assets and liabilities:    
Trade and other receivables (67.8) (33.8)
Inventories (10.1) (32.2)
Prepaid expenses and other current assets 2.7 (12.0)
Accounts payable 38.0 6.2
Other accrued expenses (4.1) (19.9)
Changes in other liabilities (5.8) 7.7
Other, net 7.4 (8.6)
Net cash provided by operating activities 73.1 14.7
CASH USED IN INVESTING ACTIVITIES    
Capital expenditures (24.4) (22.2)
Net cash used in investing activities (24.4) (22.2)
CASH USED IN FINANCING ACTIVITIES    
Payments on long-term debt (7.5) 0.0
Repurchases of Common stock (30.1) 0.0
Dividends paid (8.3) 0.0
Net cash used in financing activities (45.9) 0.0
Effect of exchange rate changes on cash and cash equivalents 3.7 0.0
Net increase (decrease) in cash and cash equivalents 6.5 (7.5)
Cash and cash equivalents at beginning of period 184.3 168.0
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 190.8 $ 160.5