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CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Net sales $ 1,486.8 $ 1,391.3 $ 1,339.9
Operating costs and expenses:      
Cost of sales 821.7 737.2 713.7
Selling, general and administrative 386.2 366.8 318.7
Restructuring charges 10.1 0.5 6.2
Operating profit 268.8 286.8 301.3
Other income (expense):      
Interest income 1.6 1.1 0.2
Miscellaneous income, net 3.8 2.5 3.1
Total other expense, net (42.4) (47.0) (53.0)
Income before income taxes 226.4 239.8 248.3
Provision for income taxes 42.3 51.5 43.4
Net income attributable to common shareholders $ 184.1 $ 188.3 $ 204.9
Earnings per share:      
Basic (in dollars per share) $ 3.22 $ 3.31 $ 3.61
Diluted (in dollars per share) $ 3.19 $ 3.28 $ 3.61
Average shares outstanding:      
Basic (in shares) 57.1 56.8 56.7
Diluted (in shares) 57.8 57.5 56.7
Nonrelated Party      
Other income (expense):      
Interest expense $ 47.8 $ 48.1 $ 41.9
Related Party      
Other income (expense):      
Interest expense $ 0.0 $ 2.5 $ 14.4