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Condensed Consolidated Statements of Earnings and Comprehensive Income - 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 $ 365.1 $ 325.4 $ 691.4 $ 635.6
Cost of goods sold 215.8 201.4 417.8 399.5
Gross profit 149.3 124.0 273.6 236.1
Selling, general and administrative expenses 79.9 61.9 145.6 124.6
Loss related to change in fair value of contingent consideration 0.7 0.0 0.4 0.0
Equity (earnings) from unconsolidated affiliates, net (26.3) (24.9) (53.5) (45.7)
Operating income 95.0 87.0 181.1 157.2
Interest expense 11.1 9.2 20.1 17.9
Other non-operating (income), net (3.2) (2.2) (6.3) (4.6)
Earnings before income taxes 87.1 80.0 167.3 143.9
Income tax expense 21.2 19.8 41.5 36.4
Net earnings 65.9 60.2 125.8 107.5
Other comprehensive (loss) income, net of tax:        
Foreign currency translation adjustments (0.4) 0.7 (1.2) 0.6
Derivative gain (loss), net 0.2 (0.2) 0.7 (2.4)
Pension and postretirement adjustments (0.7) (0.1) (1.3) 0.1
Total other comprehensive (loss) income (0.9) 0.4 (1.8) (1.7)
Total comprehensive income $ 65.0 $ 60.6 $ 124.0 $ 105.8
Net earnings per share of common stock:        
Basic $ 1.5 $ 1.34 $ 2.87 $ 2.38
Diluted $ 1.5 $ 1.34 $ 2.86 $ 2.38
Average number of common shares outstanding:        
Basic 43.8 44.9 43.8 45.2
Diluted 44.0 45.0 44.0 45.2