Debt (Tables)

12 Months Ended

Dec. 31, 2024

Debt Instrument [Line Items]

Schedule Of Debt

	December 31, 2024			December 31, 2023
Revolving credit facility (due 2027)	$	100.0		$	140.0
Term loan A (due 2027)		427.5			450.0
Principal debt outstanding		527.5			590.0
Unamortized debt financing costs		(2.4	)		(3.2	)
Long-term debt		525.1			586.8
Less current installments of long-term debt		22.5			22.5
Long-term debt, less current installments	$	502.6		$	564.3

Scheduled Payments Of Long-Term Debt

Scheduled payments of long-term debt:

2025	$	22.5
2026		22.5
2027		482.5

Letter of Credit [Member]

Debt Instrument [Line Items]

Schedule of Letters of Credit Facilities

The following table presents details related to our letters of credit facilities:

	December 31, 2024
Financing Arrangements	Limit		Used		Available
Bi-lateral facility	$	25.0	$	7.7	$	17.3
Revolving credit facility		150.0		-		150.0
Total	$	175.0	$	7.7	$	167.3

Other Commitments

In the ordinary course of business, and primarily due to our December 2024 acquisition of Zahner, we provided corporate guarantees and obtained surety bonds in support of underlying contractual commitments to our customers. As of December 31, 2024, $21.9 million of surety bonds is outstanding associated with custom manufacturing projects that were issued by reputable surety providers. In the event of our non-performance, we may be required to reimburse surety providers to cover qualifying financial loss up to the bond amounts. We believe the risk of financial loss associated with our outstanding guarantees and surety bonds is remote and as such, have recorded no liability associated with such commitments on our Consolidated Balance Sheets.