XML 13 R3.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 354.6 $ 298.5 $ 954.2 $ 905.6
Cost of sales 238.3 191.9 626.6 578.2
Gross profit 116.3 106.6 327.6 327.4
Selling, distribution & administrative expenses 88.1 79.1 252.5 239.9
Operating income from continuing operations 28.2 27.5 75.1 87.5
Interest and other expense, net 0.7 0.6 1.2 1.3
Income from continuing operations before income taxes 27.5 26.9 73.9 86.2
Provision for income taxes 6.8 6.6 18.4 21.5
Net income from continuing operations 20.7 20.3 55.5 64.7
Net (loss) income from discontinued operations, net of tax 0.0 (0.1) (0.1) 0.3
Net income $ 20.7 $ 20.2 $ 55.4 $ 65.0
Net income per common share from continuing operations:        
Basic (in dollars per share) $ 0.54 $ 0.53 $ 1.45 $ 1.70
Diluted (in dollars per share) 0.54 0.53 1.44 1.69
Net (loss) income per common share from discontinued operations:        
Basic (in dollars per share) 0.00 (0.00) (0.00) 0.01
Diluted (in dollars per share) 0.00 (0.00) (0.00) 0.01
Net income per common share:        
Basic (in dollars per share) 0.54 0.53 1.45 1.71
Diluted (in dollars per share) $ 0.54 $ 0.53 $ 1.44 $ 1.70
Weighted average common and common equivalent shares:        
Basic (in shares) 38.1 38.0 38.1 38.0
Diluted (in shares) 38.2 38.1 38.2 38.1
Dividends declared (in dollars per share) $ 0.20 $ 0.18 $ 0.60 $ 0.54