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Shareholders' Equity (Tables)
6 Months Ended
Jun. 30, 2024
Stockholders' Equity Note [Abstract]  
Schedule of Accumulated Other Comprehensive (Loss) Activity

Accumulated Other Comprehensive (Loss)

 

 

Foreign
Currency
Translation Adjustments
(1)

 

 

Derivative
 Gain
(1)

 

 

Pension and Postretirement Adjustments (1)

 

 

Total
Accumulated
Other
Comprehensive
(Loss)
 (1)

 

Balance, March 31, 2024

 

$

0.2

 

 

$

1.0

 

 

$

(106.8

)

 

$

(105.6

)

Other comprehensive (loss) income before reclassifications,
   net of tax expense of $
-, ($0.3), - and ($0.3)

 

 

(0.4

)

 

 

1.1

 

 

 

-

 

 

 

0.7

 

Amounts reclassified from accumulated other
   comprehensive (loss)

 

 

-

 

 

 

(0.9

)

 

 

(0.7

)

 

 

(1.6

)

Net current period other comprehensive (loss) income

 

 

(0.4

)

 

 

0.2

 

 

 

(0.7

)

 

 

(0.9

)

Balance, June 30, 2024

 

$

(0.2

)

 

$

1.2

 

 

$

(107.5

)

 

$

(106.5

)

 

 

 

Foreign
Currency
Translation Adjustments
(1)

 

 

Derivative
Gain
(1)

 

 

Pension and Postretirement Adjustments (1)

 

 

Total
Accumulated
Other
Comprehensive
(Loss)
 (1)

 

Balance, December 31, 2023

 

$

1.0

 

 

$

0.5

 

 

$

(106.2

)

 

$

(104.7

)

Other comprehensive (loss) income before reclassifications,
   net of tax benefit (expense) of $
0.1, ($1.0), - and ($0.9)

 

 

(1.2

)

 

 

3.3

 

 

 

-

 

 

 

2.1

 

Amounts reclassified from accumulated other
   comprehensive (loss)

 

 

-

 

 

 

(2.6

)

 

 

(1.3

)

 

 

(3.9

)

Net current period other comprehensive (loss) income

 

 

(1.2

)

 

 

0.7

 

 

 

(1.3

)

 

 

(1.8

)

Balance, June 30, 2024

 

$

(0.2

)

 

$

1.2

 

 

$

(107.5

)

 

$

(106.5

)

 

 

 

Foreign
Currency
Translation Adjustments
(1)

 

 

Derivative
Gain
(1)

 

 

Pension and Postretirement Adjustments (1)

 

 

Total
Accumulated
Other
Comprehensive
(Loss)
 (1)

 

Balance, March 31, 2023

 

$

0.4

 

 

$

7.3

 

 

$

(109.9

)

 

$

(102.2

)

Other comprehensive income (loss) before reclassifications,
   net of tax (expense) benefit of $
-, ($0.5), $0.1 and $(0.4)

 

 

0.7

 

 

 

2.1

 

 

 

(0.1

)

 

 

2.7

 

Amounts reclassified from accumulated other
   comprehensive (loss)

 

 

-

 

 

 

(2.3

)

 

 

-

 

 

 

(2.3

)

Net current period other comprehensive income (loss)

 

 

0.7

 

 

 

(0.2

)

 

 

(0.1

)

 

 

0.4

 

Balance, June 30, 2023

 

$

1.1

 

 

$

7.1

 

 

$

(110.0

)

 

$

(101.8

)

 

 

 

Foreign
Currency
Translation Adjustments
(1)

 

 

Derivative
Gain
(1)

 

 

Pension and Postretirement Adjustments (1)

 

 

Total
Accumulated
Other
Comprehensive
(Loss)
 (1)

 

Balance, December 31, 2022

 

$

0.5

 

 

$

9.5

 

 

$

(110.1

)

 

$

(100.1

)

Other comprehensive income before reclassifications,
   net of tax expense of $
-, ($0.3), ($0.1) and $(0.4)

 

 

0.6

 

 

 

1.8

 

 

 

0.3

 

 

 

2.7

 

Amounts reclassified from accumulated other
   comprehensive (loss)

 

 

-

 

 

 

(4.2

)

 

 

(0.2

)

 

 

(4.4

)

Net current period other comprehensive income (loss)

 

 

0.6

 

 

 

(2.4

)

 

 

0.1

 

 

 

(1.7

)

Balance, June 30, 2023

 

$

1.1

 

 

$

7.1

 

 

$

(110.0

)

 

$

(101.8

)

(1) Amounts are net of tax.

Reclassification out of Accumulated Other Comprehensive (Loss)

 

 

Amounts
Reclassified from
Accumulated Other
Comprehensive
(Loss)

 

 

Affected Line Item in the
Condensed Consolidated
Statements of Earnings
and Comprehensive
Income

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

Derivative Adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap contracts, before tax

 

$

(1.2

)

 

$

(2.9

)

 

$

(3.3

)

 

$

(5.3

)

 

Interest expense

Tax impact

 

 

0.3

 

 

 

0.6

 

 

 

0.7

 

 

 

1.1

 

 

Income tax expense

Total (income), net of tax

 

 

(0.9

)

 

 

(2.3

)

 

 

(2.6

)

 

 

(4.2

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and Postretirement Adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of prior service credit

 

 

-

 

 

 

(0.1

)

 

 

(0.1

)

 

 

(0.1

)

 

Other non-operating (income), net

Amortization of net actuarial (gain)

 

 

(0.8

)

 

 

-

 

 

 

(1.6

)

 

 

(0.2

)

 

Other non-operating (income), net

Total (income), before tax

 

 

(0.8

)

 

 

(0.1

)

 

 

(1.7

)

 

 

(0.3

)

 

 

Tax impact

 

 

0.1

 

 

 

0.1

 

 

 

0.4

 

 

 

0.1

 

 

Income tax expense

Total (income), net of tax

 

 

(0.7

)

 

 

-

 

 

 

(1.3

)

 

 

(0.2

)

 

 

Total reclassifications for the period

 

$

(1.6

)

 

$

(2.3

)

 

$

(3.9

)

 

$

(4.4

)