XML 18 R3.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Net sales $ 810.8 $ 830.1 $ 908.4
Cost of sales 554.0 553.0 601.3
Gross margin 256.8 277.1 307.1
Selling, general and administrative expenses 176.6 193.4 202.3
Research and development expenses 28.1 34.6 35.7
Restructuring and impairment charges 97.1 24.1 16.9
Other operating (income) expense, net 0.0 0.1 (33.1)
Operating income (loss) (45.0) 24.9 85.3
Equity income in unconsolidated joint ventures 0.0 1.4 1.8
Other income (expense), net (0.9) 8.8 (0.7)
Interest income (expense), net 0.8 (0.8) (10.1)
Income (loss) before income taxes (45.1) 34.3 76.3
Income tax expense 16.7 8.2 19.7
Net income (loss) $ (61.8) $ 26.1 $ 56.6
Basic earnings (loss) per share (in dollars per share) $ (3.40) $ 1.40 $ 3.04
Diluted earnings (loss) per share (in dollars per share) $ (3.40) $ 1.40 $ 3.03
Shares used in computing:      
Basic earnings (loss) per share (in shares) 18.2 18.6 18.6
Diluted earnings (loss) per share (in shares) 18.2 18.6 18.7