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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net Income (Loss) $ 69.1 $ 59.9
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 29.3 24.3
Deferred income taxes (1.7) (1.0)
Share-based compensation 4.5 4.1
Equity (earnings) from unconsolidated affiliates, net (26.6) (27.2)
Loss/(gain) related to change in fair value of contingent consideration 0.3 (0.3)
Payment of contingent consideration in excess of acquisition-date fair value (0.7) 0.0
Other non-cash adjustments, net 0.4 0.0
Changes in operating assets and liabilities:    
Receivables (22.3) (25.1)
Inventories (7.2) (2.5)
Accounts payable and accrued expenses (24.9) (18.2)
Income taxes receivable and payable, net 21.5 19.5
Other assets and liabilities (0.7) (7.1)
Net cash provided by operating activities 41.0 26.4
Cash flows from investing activities:    
Purchases of property, plant and equipment (19.1) (14.7)
Return of investment from joint venture 25.1 23.4
Investment in unconsolidated affiliate 0.0 (5.5)
Proceeds from company owned life insurance, net 0.0 2.7
Net cash provided by investing activities 6.0 5.9
Cash flows from financing activities:    
Proceeds from revolving credit facility 10.0 25.0
Payments of revolving credit facility (10.0) (25.0)
Payments of long-term debt (5.6) (5.6)
Payments for finance leases (0.8) (0.8)
Dividends paid (13.4) (12.3)
Payments (proceeds) from share-based compensation plans, net of tax (1.0) 0.6
Payments of acquisition-related contingent consideration (0.8) 0.0
Payments for treasury stock acquired (22.0) (15.0)
Net cash (used for) financing activities (43.6) (33.1)
Effect of exchange rate changes on cash and cash equivalents 0.1 (0.4)
Net increase (decrease) in cash and cash equivalents 3.5 (1.2)
Cash and cash equivalents at beginning of year 79.3 70.8
Cash and cash equivalents at end of period 82.8 69.6
Supplemental Cash Flow Disclosures:    
Interest paid 7.8 8.5
Income tax payments, net 1.8 1.7
Amounts in accounts payable for capital expenditures 2.2 0.4
Purchases of property, plant and equipment through vendor financing $ 1.6 $ 0.0