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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
OPERATING ACTIVITIES      
Net income $ 340.8 $ 291.2 $ 262.1
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 36.2 34.6 30.1
Amortization of intangibles 20.6 19.8 13.2
Amortization of cloud computing arrangements 1.6    
Loss on disposal, (gain) on sale of assets, impairment of long-lived asset and other 0.3 (5.2) 0.2
Stock-based compensation 21.2 19.5 20.2
Deferred income tax 38.5 (14.7) (18.8)
Changes in operating assets and liabilities, net of effects from business acquisitions:      
Accounts receivable (9.5) 3.3 6.2
Inventories (75.4) 13.6 27.0
Prepaid expenses and other assets (18.1) (9.0) (20.6)
Accounts payable, accrued expenses and other liabilities 45.8 8.0 (8.8)
Net cash provided by operating activities 402.0 361.1 310.8
INVESTING ACTIVITIES      
Additions to property, plant and equipment (45.7) (35.3) (29.7)
Proceeds from the sale of property, plant and equipment   5.9  
Business acquisitions, net of cash acquired (257.1) (96.3) (313.4)
Other investing activity   1.0  
Net cash used in investing activities (302.8) (124.7) (343.1)
FINANCING ACTIVITIES      
Proceeds from long-term borrowings     240.0
Payments of long-term debt   (100.0) (90.0)
Payments for withholding taxes on vested awards (11.4) (13.0) (15.8)
Payments for debt issuance costs   (2.3)  
Payments for finance leases and other (2.6) (2.7) (2.8)
Proceeds from share transactions under employee stock plans     0.1
Payments to repurchase common stock (16.0) (17.0) (16.0)
Dividends (66.9) (55.5) (46.5)
Net cash (used in) provided by financing activities (96.9) (190.5) 69.0
Effect of exchange rate changes on cash and cash equivalents 16.3 (9.1) 2.6
INCREASE IN CASH AND CASH EQUIVALENTS 18.6 36.8 39.3
Cash and cash equivalents at beginning of year 386.9 350.1 310.8
CASH AND CASH EQUIVALENTS AT END OF YEAR 405.5 386.9 350.1
Acquisition of businesses:      
Fair value of assets acquired 327.9 98.5 344.0
Cash paid, net of cash acquired 257.1 96.3 313.4
Liabilities assumed 70.8 2.2 30.6
Issuance of stock under management stock purchase plan 0.9 0.4 0.4
CASH PAID FOR:      
Interest 9.9 12.7 7.7
Income taxes $ 74.4 $ 117.2 $ 115.7