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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ 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 $ 417.6 $ 418.8 $ 1,267.8 $ 1,270.4
Cost of sales 345.3 348.8 1,050.9 1,063.1
Selling, general and administrative expenses 47.8 43.0 142.3 135.1
Restructuring, acquisition-related and other special charges 0.9 0.0 2.4 6.6
Gains on sales of assets 0.0 0.0 0.0 (0.8)
Operating income 23.6 27.0 72.2 66.4
Other components of pension and other postretirement benefits income, net 1.1 0.6 3.8 1.9
Interest expense, net (12.1) (11.6) (36.0) (33.4)
Income from continuing operations before income taxes 12.6 16.0 40.0 34.9
Income tax benefit (expense) 0.6 (3.8) (5.3) (8.5)
Income from continuing operations 13.2 12.2 34.7 26.4
Loss attributable to noncontrolling interests 0.5 0.3 1.9 0.7
Income from continuing operations attributable to Park-Ohio Holdings Corp. common shareholders 13.7 12.5 36.6 27.1
Loss from discontinued operations, net of tax (Note 5) (3.9) (1.4) (5.3) (4.8)
Net income attributable to Park-Ohio Holdings Corp. common shareholders $ 9.8 $ 11.1 $ 31.3 $ 22.3
Basic:        
Continuing operations (in dollars per share) $ 1.05 $ 1.01 $ 2.88 $ 2.22
Discontinued operations (in dollars per share) (0.30) (0.11) (0.42) (0.39)
Total (in dollars per share) 0.75 0.90 2.46 1.83
Diluted:        
Continuing operations (in dollars per share) 1.02 0.99 2.81 2.19
Discontinued operations (in dollars per share) (0.29) (0.11) (0.41) (0.39)
Total (in dollars per share) $ 0.73 $ 0.88 $ 2.40 $ 1.80