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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 524.8 $ 520.9 $ 1,582.0 $ 1,632.0
Cost of sales 437.2 424.1 1,302.2 1,305.9
Gross profit 87.6 96.8 279.8 326.1
Operating costs and expenses:        
Engineering, selling and administrative expenses 78.9 77.4 238.6 240.1
Amortization of intangible assets 0.7 0.7 2.2 2.4
Restructuring expense 0.5 0.7 3.4 1.0
Total operating costs and expenses 80.1 78.8 244.2 243.5
Operating income 7.5 18.0 35.6 82.6
Other income (expense):        
Interest expense (9.6) (8.4) (28.4) (25.5)
Amortization of deferred financing fees (0.3) (0.3) (1.0) (1.0)
Other income (expense) - net (4.9) 1.1 (3.9) (10.0)
Total other expense (14.8) (7.6) (33.3) (36.5)
Income (loss) before income taxes (7.3) 10.4 2.3 46.1
Provision (benefit) for income taxes (0.3) 0.0 3.2 (1.0)
Net income (loss) $ (7.0) $ 10.4 $ (0.9) $ 47.1
Per Share Data        
Basic net income (loss) per common share $ (0.2) $ 0.3 $ (0.03) $ 1.34
Diluted net income (loss) per common share $ (0.2) $ 0.29 $ (0.03) $ 1.31
Weighted average shares outstanding - basic 35,123,015 35,080,037 35,251,847 35,095,211
Weighted average shares outstanding - diluted 35,123,015 35,787,704 35,251,847 35,836,672