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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities:    
Net income $ 47.1 $ 20.5
Adjustments to reconcile net income to cash provided by (used for) operating activities:    
Depreciation 41.8 46.2
Amortization of intangible assets 2.4 2.4
Stock-based compensation expense 7.8 5.6
Amortization of deferred financing fees 1.0 1.0
Gain on sale of property, plant and equipment 0.0 (0.9)
Net unrealized foreign currency transaction (gains) losses (0.7) 6.4
Income tax (benefit) expense from change in reserve of uncertain tax positions 0.2 (11.7)
Deferred income tax (benefit) expense (14.0) 0.9
Loss on foreign currency translation adjustments 9.3 0.0
Other 0.0 0.9
Changes in operating assets and liabilities    
Accounts receivable 11.5 10.7
Inventories (114.3) (136.1)
Notes receivable 5.8 7.1
Other assets 5.9 (0.6)
Accounts payable (14.9) 39.8
Accrued expenses and other liabilities 34.3 7.3
Net cash provided by (used for) operating activities 23.2 (0.5)
Cash Flows from Investing Activities:    
Capital expenditures (59.9) (31.8)
Proceeds from sale of property, plant and equipment 5.3 1.5
Acquisition of businesses 0.0 2.3
Net cash used for investing activities (54.6) (28.0)
Cash Flows from Financing Activities:    
Proceeds from (payments on) revolving credit facility - net 0.0 4.0
Payments on revolving credit facility (10.0) 0.0
Other debt - net 22.6 (4.0)
Debt issuance and other debt related costs 0.0 (1.9)
Exercises of stock options 0.3 0.1
Common stock repurchases (5.5) (1.9)
Net cash provided by (used for) financing activities 7.4 (3.7)
Effect of exchange rate changes on cash and cash equivalents (0.4) (0.6)
Net decrease in cash and cash equivalents (24.4) (32.8)
Cash and cash equivalents at beginning of period 64.4 75.4
Cash and cash equivalents at end of period 40.0 42.6
Supplemental Cash Flow Information [Abstract]    
Interest paid 19.4 15.8
Income taxes paid $ 6.1 $ 6.1