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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net sales $ 500.4 $ 454.3 $ 972.7 $ 912.0
Cost of sales 373.8 343.5 727.9 673.5
Gross margin 126.6 110.8 244.8 238.5
Selling, general and administrative expenses 39.9 35.7 88.9 86.5
Research and technology expenses 14.7 13.3 29.8 27.2
Other operating expense 0.2 0.5 1.4 0.7
Operating income 71.8 61.3 124.7 124.1
Interest expense, net 8.1 9.2 14.6 18.6
Income before income taxes, and equity in earnings from affiliated companies 63.7 52.1 110.1 105.5
Income tax expense 13.7 11.5 23.6 23.2
Income before equity in earnings from affiliated companies 50.0 40.6 86.5 82.3
Equity in earnings from affiliated companies 0.0 1.9 0.0 2.9
Net income $ 50.0 $ 42.5 $ 86.5 $ 85.2
Basic net income per common share $ 0.61 $ 0.5 $ 1.04 $ 1.01
Diluted net income per common share $ 0.6 $ 0.5 $ 1.03 $ 1
Weighted-average common shares:        
Basic 82.5 84.7 83.2 84.6
Diluted 83.2 85.6 84.0 85.5