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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities      
Net income (loss) $ 33.7 $ (0.6) $ 15.9
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 25.6 27.9 30.2
Provision for credit losses 1.6 1.2 1.4
Provision for warranties 17.6 12.6 10.9
Deferred compensation (benefit) expense (0.1) (0.9) 0.5
Share-based compensation 4.1 6.8 6.0
Deferred tax benefit (6.4) (17.1) (1.3)
Gain on disposition of property and equipment, net (3.1) (0.7) (0.6)
Non-cash curtailment and settlement loss on pension and postretirement benefits, net 0.0 0.0 3.2
Asset impairment charges 1.2 3.5 0.2
Amortization of debt issuance costs 0.3 0.0 0.0
Distributions to deferred compensation programs' participants (1.8) (1.0) (2.5)
Change in operating assets and liabilities, excluding the effects of acquisitions:      
(Purchase) sale of trading securities, net (0.3) 0.7 (3.1)
Receivables and other contract assets 20.5 (28.0) (28.4)
Inventories (63.0) (96.4) (51.5)
Prepaid expenses 2.2 (2.8) (6.2)
Other assets (12.8) (16.2) 1.5
Accounts payable 7.7 25.5 29.5
Accrued retirement benefit costs 0.0 0.0 (0.1)
Accrued loss reserves 1.4 (0.1) (1.3)
Accrued employee related liabilities 8.7 4.3 10.0
Other accrued liabilities (0.8) 2.6 (8.4)
Accrued product warranty (13.1) (11.1) (10.7)
Customer deposits 1.0 9.9 26.5
Income taxes payable/prepaid 3.6 6.0 (14.3)
Net cash provided by (used in) operating activities 27.8 (73.9) 7.4
Cash flows from investing activities:      
Acquisitions, net of cash acquired 0.0 (17.8) 0.1
Price adjustment on prior sale of subsidiary 0.0 0.0 (1.1)
Expenditures for property and equipment (34.1) (40.7) (20.1)
Proceeds from sale of property and equipment 20.3 5.7 1.9
Purchase of investments (1.0) (1.0) (1.0)
Sale of investments 1.9 0.6 1.8
Net cash used in investing activities (12.9) (53.2) (18.4)
Cash flows from financing activities:      
Payment of dividends (11.8) (11.2) (10.2)
Proceeds from borrowings on credit facilities and bank loans 240.6 223.0 7.2
Repayments of borrowings on credit facilities and bank loans (245.8) (138.5) (6.2)
Payment of debt issuance costs 0.0 (1.5) 0.0
Sale of Company stock by deferred compensation programs, net 0.3 0.2 0.6
Withholding tax paid upon vesting of share-based compensation awards (1.6) (1.8) (3.5)
Repurchase of Company stock 0.0 (10.1) 0.0
Net cash (used in) provided by financing activities (18.3) 60.1 (12.1)
Effect of exchange rates on cash 0.6 (1.4) (1.1)
Decrease in cash and cash equivalents and restricted cash (2.8) (68.4) (24.2)
Cash, cash equivalents and restricted cash, beginning of period 66.0 134.4 158.6
Cash, cash equivalents and restricted cash, end of period 63.2 66.0 134.4
Cash paid during the year for:      
Interest, net of capitalized interest 7.0 1.1 0.3
Income taxes paid, net 13.8 17.7 10.0
Supplemental disclosures of non-cash items      
Capital expenditures in accounts payable 1.5 1.5 1.4
Additions to right-of-use assets and lease liabilities $ 0.8 $ 7.3 $ 1.8