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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
OPERATING ACTIVITIES FROM CONTINUING OPERATIONS      
Income from continuing operations $ 39.5 $ 33.0 $ 11.4
Adjustments to reconcile income from continuing operations to net cash provided by (used in) operating activities from continuing operations:      
Depreciation and amortization 33.6 31.7 30.2
Stock-based compensation 5.6 6.5 7.2
Gains on sales of assets, net (2.5) (0.8) (2.4)
Deferred income taxes (14.6) (7.2) (8.3)
Changes in operating assets and liabilities:      
Accounts receivable 12.1 (14.1) (23.2)
Inventories (14.8) (1.3) (56.0)
Prepaid and other current assets (14.1) (1.2) (11.1)
Accounts payable and accrued expenses (2.7) 3.3 33.1
Other (7.1) 3.5 (7.5)
Net cash provided by (used in) operating activities from continuing operations 35.0 53.4 (26.6)
INVESTING ACTIVITIES FROM CONTINUING OPERATIONS      
Purchases of property, plant and equipment (31.4) (28.2) (26.9)
Proceeds from sales of assets 11.5 2.0 9.5
Proceeds from sale of discontinued operations 0.0 15.5 0.0
Business acquisitions, net of cash acquired (11.0) (1.2) (23.3)
Net cash used in investing activities from continuing operations (30.9) (11.9) (40.7)
FINANCING ACTIVITIES FROM CONTINUING OPERATIONS      
(Payments on) proceeds from revolving credit facility, net (15.0) (22.3) 64.8
Payments on term loans and other debt (7.5) (7.2) (3.6)
Proceeds from other long-term debt 5.8 4.3 3.5
Proceeds from finance lease facilities, net 0.7 0.9 8.5
Net proceeds from common stock issuances 30.4 0.0 0.0
Proceeds from down payment for sale of discontinued operations 0.0 0.0 20.0
Payments related to prior acquisitions (3.0) (2.9) 0.0
Dividends (7.2) (7.4) (7.0)
Payments of withholding taxes on share awards (2.6) (2.0) (1.6)
Net cash provided by (used in) financing activities from continuing operations 1.6 (36.6) 84.6
DISCONTINUED OPERATIONS      
Total used in operating activities [1] (5.2) (2.9) (1.0)
Total used in investing activities [1] 0.0 (3.9) (4.8)
Total used in financing activities [1] 0.0 (2.4) (3.4)
Decrease in cash and cash equivalents from discontinued operations [1] (5.2) (9.2) (9.2)
Effect of exchange rate changes on cash (2.2) 0.9 (4.0)
(Decrease) increase in cash and cash equivalents (1.7) (3.4) 4.1
Cash and cash equivalents at beginning of year 54.8 58.2 54.1
Cash and cash equivalents at end of year 53.1 54.8 58.2
Income taxes paid, net 14.5 7.3 10.7
Interest paid $ 47.0 $ 47.6 $ 34.5
[1] Our continuing operations exclude the results of our Aluminum Products business unit, which was sold on December 29, 2023 and presented in discontinued operations for all periods presented.