XML 47 R32.htm IDEA: XBRL DOCUMENT v3.25.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Major classes of inventories
Major Classes of InventoriesDecember 31, 2024December 31, 2023
Raw materials and supplies$108.8 $107.6 
Work in process53.5 50.1 
Finished goods260.6 253.4 
Inventories, net$422.9 $411.1 
Other Inventory Items
Inventory reserves$(42.7)$(42.9)
Consigned inventory$8.1 $9.7 
Schedule of property, plant and equipment, and depreciation expense
The following table summarizes property, plant and equipment:
December 31, 2024December 31, 2023
Land and land improvements$8.1 $9.0 
Buildings54.1 63.9 
Machinery and equipment356.3 362.5 
Leased property under finance leases31.7 28.9 
Total property, plant and equipment450.2 464.3 
Less: Accumulated depreciation267.3 279.4 
Property, plant and equipment, net$182.9 $184.9 
Year Ended December 31,
202420232022
Depreciation expense$26.8 $25.0 $23.6 
Changes in product warranty liability The following table presents the changes in the Company’s product warranty liability:
Year Ended December 31,
202420232022
Balance at January 1$5.5 $5.2 $7.2 
Claims paid during the year(1.8)(2.1)(2.3)
Warranty expense1.4 2.2 1.0 
Acquisition0.6 — — 
Foreign currency translation(0.4)0.2 (0.7)
Balance at December 31$5.3 $5.5 $5.2 
Weighted-average number of shares used in computation of (loss) earnings per share The following table sets forth the weighted-average number of shares used in the computation of earnings (loss) per share:
 Year Ended December 31,
 202420232022
(In whole shares)
Weighted average basic shares outstanding12,902,490 12,295,999 12,091,712 
Dilutive impact of employee stock awards337,118 214,902 101,237 
Weighted average diluted shares outstanding13,239,608 12,510,901 12,192,949