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CONSOLIDATED AND COMBINED CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net sales $ 370.6 $ 352.4 $ 684.2 $ 681.5
Operating costs and expenses:        
Cost of sales 209.7 184.0 370.9 358.4
Selling, general and administrative 93.3 99.6 187.6 188.4
Restructuring charges, net 0.0 0.0 2.7 0.0
Operating profit 67.6 68.8 123.0 134.7
Other income (expense):        
Interest income 0.4 0.2 1.0 0.4
Miscellaneous (expense) income, net (0.2) 1.0 0.4 2.4
Total other expense, net (12.2) (12.9) (20.9) (24.2)
Income before income taxes 55.4 55.9 102.1 110.5
Provision for income taxes 13.8 12.7 22.7 23.6
Net income attributable to common shareholders $ 41.6 $ 43.2 $ 79.4 $ 86.9
Earnings per share:        
Basic (in dollars per share) $ 0.73 $ 0.76 $ 1.39 $ 1.53
Diluted (in dollars per share) $ 0.72 $ 0.75 $ 1.38 $ 1.51
Average shares outstanding:        
Basic (in shares) 57.1 56.8 57.1 56.8
Diluted (in shares) 57.8 57.4 57.7 57.4
Dividends per share (in dollars per share) $ 0.16 $ 0.14 $ 0.32 $ 0.14
Nonrelated Party        
Other income (expense):        
Interest expense $ (12.4) $ (14.1) $ (22.3) $ (24.5)
Related Party        
Other income (expense):        
Interest expense $ 0.0 $ 0.0 $ 0.0 $ (2.5)