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Condensed Consolidated Statements of Earnings and Comprehensive Income - USD ($)
shares in Millions, $ 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 $ 386.6 $ 347.3 $ 1,078.0 $ 982.9
Cost of goods sold 222.5 205.9 640.3 605.4
Gross profit 164.1 141.4 437.7 377.5
Selling, general and administrative expenses 77.6 64.6 223.1 189.2
Loss related to change in fair value of contingent consideration 0.2 0.0 0.6 0.0
Impairment and gain on sales of fixed assets, net 0.2 0.0 0.3 0.0
Equity (earnings) from unconsolidated affiliates, net (25.2) (23.4) (78.7) (69.1)
Operating income 111.3 100.2 292.4 257.4
Interest expense 10.5 8.8 30.6 26.7
Other non-operating (income), net (3.0) (2.3) (9.3) (6.9)
Earnings before income taxes 103.8 93.7 271.1 237.6
Income tax expense 26.9 24.2 68.4 60.6
Net earnings 76.9 69.5 202.7 177.0
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments 0.3 (0.5) (0.9) 0.1
Derivative (loss), net (5.7) (1.9) (5.0) (4.3)
Pension and postretirement adjustments (1.0) (0.2) (2.3) (0.1)
Total other comprehensive (loss) (6.4) (2.6) (8.2) (4.3)
Total comprehensive income $ 70.5 $ 66.9 $ 194.5 $ 172.7
Net earnings per share of common stock:        
Basic $ 1.76 $ 1.56 $ 4.63 $ 3.93
Diluted $ 1.75 $ 1.56 $ 4.61 $ 3.93
Average number of common shares outstanding:        
Basic 43.7 44.5 43.8 45.0
Diluted 43.9 44.6 44.0 45.0