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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 520.9 $ 454.7 $ 1,632.0 $ 1,410.9
Cost of sales 424.1 380.4 1,305.9 1,162.9
Gross profit 96.8 74.3 326.1 248.0
Operating costs and expenses:        
Engineering, selling and administrative expenses 77.4 65.8 240.1 201.6
Amortization of intangible assets 0.7 0.8 2.4 2.4
Restructuring expense 0.7 0.1 1.0 0.5
Total operating costs and expenses 78.8 66.7 243.5 204.5
Operating income 18.0 7.6 82.6 43.5
Other expense:        
Interest expense (8.4) (8.0) (25.5) (23.3)
Amortization of deferred financing fees (0.3) (0.3) (1.0) (1.0)
Other income (expense) - net 1.1 2.7 (10.0) 0.4
Total other expense (7.6) (5.6) (36.5) (23.9)
Income before income taxes 10.4 2.0 46.1 19.6
Benefit for income taxes 0.0 (0.3) (1.0) (0.9)
Net income $ 10.4 $ 2.3 $ 47.1 $ 20.5
Per Share Data and Share Amounts:        
Basic net income per common share $ 0.3 $ 0.07 $ 1.34 $ 0.58
Diluted net income per common share $ 0.29 $ 0.07 $ 1.31 $ 0.58
Weighted average shares outstanding - basic 35,080,037 35,181,262 35,095,211 35,199,221
Weighted average shares outstanding - diluted 35,787,704 35,374,194 35,836,672 35,470,301