10-K Filing

ZURN ELKAY WATER SOLUTIONS CORP CIK: 1439288 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001439288-24-000016`
Period End Date	20231231
Filing Date	20240206
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	zws-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 80 Cash Flow Statement 116 Stockholders Equity 61 Comprehensive Income 15

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$136.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$124.80M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$219.70M	USD	Point-in-time
Receivables, net	`AccountsReceivableNetCurrent`	$210.20M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	176.88M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	172.26M	shares	Point-in-time
Inventories, net	`InventoryNet`	$277.60M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	176.88M	shares	Point-in-time
Inventories, net	`InventoryNet`	$366.70M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	172.26M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$18.30M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$17.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$26.30M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$28.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$757.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$667.80M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$180.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$183.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.01B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$952.40M	USD	Point-in-time
Goodwill	`Goodwill`	$254.10M	USD	Point-in-time
Goodwill	`Goodwill`	$796.00M	USD	Point-in-time
Goodwill	`Goodwill`	$777.00M	USD	Point-in-time
Insurance for asbestos claims	`InsuranceSettlementsReceivableNoncurrent`	$72.10M	USD	Point-in-time
Insurance for asbestos claims	`InsuranceSettlementsReceivableNoncurrent`	-	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$63.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$70.50M	USD	Point-in-time
Total assets	`Assets`	$2.86B	USD	Point-in-time
Total assets	`Assets`	$2.67B	USD	Point-in-time
Current maturities of debt	`LongTermDebtCurrent`	$900.00K	USD	Point-in-time
Current maturities of debt	`LongTermDebtCurrent`	$5.70M	USD	Point-in-time
Trade payables	`AccountsPayableCurrent`	$116.90M	USD	Point-in-time
Trade payables	`AccountsPayableCurrent`	$56.40M	USD	Point-in-time
Compensation and benefits	`OtherEmployeeRelatedLiabilitiesCurrent`	$30.50M	USD	Point-in-time
Compensation and benefits	`OtherEmployeeRelatedLiabilitiesCurrent`	$19.20M	USD	Point-in-time
Current portion of pension and other postretirement benefit obligations	`PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities`	$1.60M	USD	Point-in-time
Current portion of pension and other postretirement benefit obligations	`PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities`	$1.30M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$131.80M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$145.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$289.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$220.90M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$530.20M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$494.40M	USD	Point-in-time
Pension and other postretirement benefit obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$50.50M	USD	Point-in-time
Pension and other postretirement benefit obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$36.60M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$210.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$221.40M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$37.30M	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$34.20M	USD	Point-in-time
Reserve for asbestos claims	`SelfInsuranceReserveNoncurrent`	-	USD	Point-in-time
Reserve for asbestos claims	`SelfInsuranceReserveNoncurrent`	$79.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$44.40M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$65.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.06B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.25B	USD	Point-in-time
Common stock, $0.01 par value; 200,000,000 shares authorized; shares issued and outstanding: 172,262,163 at December 31, 2023 and 176,876,406 at December 31, 2022	`CommonStockValue`	$1.80M	USD	Point-in-time
Common stock, $0.01 par value; 200,000,000 shares authorized; shares issued and outstanding: 172,262,163 at December 31, 2023 and 176,876,406 at December 31, 2022	`CommonStockValue`	$1.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.85B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.85B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-1.18B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-1.16B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-67.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-75.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.61B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$126.40M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.60B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.67B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.86B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.28B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$910.90M	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.53B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$537.70M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$882.40M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$816.30M	USD	Annual
Gross profit	`GrossProfit`	$648.10M	USD	Annual
Gross profit	`GrossProfit`	$373.20M	USD	Annual
Gross profit	`GrossProfit`	$465.50M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$371.30M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$239.00M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$309.00M	USD	Annual
Restructuring and other similar charges	`RestructuringCharges`	$15.40M	USD	Annual
Restructuring and other similar charges	`RestructuringCharges`	$54.80M	USD	51 Qtrs
Restructuring and other similar charges	`RestructuringCharges`	$15.30M	USD	Annual
Restructuring and other similar charges	`RestructuringCharges`	$3.70M	USD	Annual
Loss on divestiture of asbestos liabilities and certain assets	`GainLossOnSaleOfBusiness`	-	USD	Annual
Loss on divestiture of asbestos liabilities and certain assets	`GainLossOnSaleOfBusiness`	-	USD	Annual
Loss on divestiture of asbestos liabilities and certain assets	`GainLossOnSaleOfBusiness`	$-11.40M	USD	Annual
Loss on divestiture of asbestos liabilities and certain assets	`GainLossOnSaleOfBusiness`	$-11.40M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$23.50M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$34.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$58.70M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$107.00M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$107.10M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$191.40M	USD	Annual
Interest expense, net	`InterestExpense`	$34.70M	USD	Annual
Interest expense, net	`InterestExpense`	$38.50M	USD	Annual
Interest expense, net	`InterestExpense`	$26.90M	USD	Annual
Loss on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-20.40M	USD	Annual
Loss on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-900.00K	USD	Annual
Actuarial gain on pension and other postretirement benefit obligations	`DefinedBenefitPlanBenefitObligationActuarialGainLossExcludingDisposalGroups`	$2.00M	USD	Annual
Actuarial gain on pension and other postretirement benefit obligations	`DefinedBenefitPlanBenefitObligationActuarialGainLossExcludingDisposalGroups`	$1.90M	USD	Annual
Actuarial gain on pension and other postretirement benefit obligations	`DefinedBenefitPlanBenefitObligationActuarialGainLossExcludingDisposalGroups`	$1.20M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-700.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-7.20M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.70M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$146.80M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$52.40M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.80M	USD	Annual
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$26.80M	USD	Annual
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$2.70M	USD	Annual
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$42.60M	USD	Annual
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$49.70M	USD	Annual
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$104.20M	USD	Annual
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$57.00M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$4.70M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$71.20M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$8.50M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$112.70M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$61.70M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$120.90M	USD	Annual
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.60	USD	Annual
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.41	USD	Annual
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.38	USD	Annual
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.05	USD	Annual
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.03	USD	Annual
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.59	USD	Annual
Net income (loss) (in dollars per share)	`EarningsPerShareBasic`	$1.00	USD	Annual
Net income (loss) (in dollars per share)	`EarningsPerShareBasic`	$0.65	USD	Annual
Net income (loss) (in dollars per share)	`EarningsPerShareBasic`	$0.41	USD	Annual
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.40	USD	Annual
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.59	USD	Annual
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.37	USD	Annual
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.05	USD	Annual
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.57	USD	Annual
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.03	USD	Annual
Net income (loss) (in dollars per share)	`EarningsPerShareDiluted`	$0.40	USD	Annual
Net income (loss) (in dollars per share)	`EarningsPerShareDiluted`	$0.64	USD	Annual
Net income (loss) (in dollars per share)	`EarningsPerShareDiluted`	$0.97	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	174.25M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	121.49M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	151.58M	shares	Annual
Effect of dilutive equity options (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	3.62M	shares	Annual
Effect of dilutive equity options (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	3.01M	shares	Annual
Effect of dilutive equity options (in shares)	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	2.26M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	125.11M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	177.26M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	153.84M	shares	Annual

Cash Flow Statement 116 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$112.70M	USD	Annual
Net income	`NetIncomeLoss`	$61.70M	USD	Annual
Net income	`NetIncomeLoss`	$120.90M	USD	Annual
Depreciation	`Depreciation`	$44.10M	USD	Annual
Depreciation	`Depreciation`	$20.50M	USD	Annual
Depreciation	`Depreciation`	$29.20M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssetsIncludingDiscontinuedOperation`	$33.40M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssetsIncludingDiscontinuedOperation`	$58.70M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssetsIncludingDiscontinuedOperation`	$34.00M	USD	Annual
Non-cash asset impairment	`TangibleAssetImpairmentCharges`	$2.50M	USD	Annual
Non-cash asset impairment	`TangibleAssetImpairmentCharges`	-	USD	Annual
Non-cash asset impairment	`TangibleAssetImpairmentCharges`	-	USD	Annual
Loss on divestiture of asbestos liabilities and certain assets	`GainLossOnDispositionOfBusinessExcludingTransactionCosts`	-	USD	Annual
Loss on divestiture of asbestos liabilities and certain assets	`GainLossOnDispositionOfBusinessExcludingTransactionCosts`	-	USD	Annual
Loss on divestiture of asbestos liabilities and certain assets	`GainLossOnDispositionOfBusinessExcludingTransactionCosts`	$-9.30M	USD	Annual
Divestiture of asbestos liabilities and certain assets	`PaymentForDivestitures`	-	USD	Annual
Divestiture of asbestos liabilities and certain assets	`PaymentForDivestitures`	$13.00M	USD	Annual
Divestiture of asbestos liabilities and certain assets	`PaymentForDivestitures`	-	USD	Annual
Loss (gain) on dispositions of long-lived assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-300.00K	USD	Annual
Loss (gain) on dispositions of long-lived assets	`GainLossOnSaleOfPropertyPlantEquipment`	$2.70M	USD	Annual
Loss (gain) on dispositions of long-lived assets	`GainLossOnSaleOfPropertyPlantEquipment`	$10.10M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$12.10M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-500.00K	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$4.20M	USD	Annual
Other non-cash expenses (income)	`OtherNoncashIncomeExpense`	$-4.80M	USD	Annual
Other non-cash expenses (income)	`OtherNoncashIncomeExpense`	$-1.90M	USD	Annual
Other non-cash expenses (income)	`OtherNoncashIncomeExpense`	$3.60M	USD	Annual
Actuarial (gain) loss on pension and other postretirement benefit obligations	`DefinedBenefitPlanActuarialGainLoss`	$-3.60M	USD	Annual
Actuarial (gain) loss on pension and other postretirement benefit obligations	`DefinedBenefitPlanActuarialGainLoss`	$1.90M	USD	Annual
Actuarial (gain) loss on pension and other postretirement benefit obligations	`DefinedBenefitPlanActuarialGainLoss`	$2.00M	USD	Annual
Loss on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-20.40M	USD	Annual
Loss on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-900.00K	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$40.00M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$51.40M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$25.00M	USD	Annual
Receivables, net	`IncreaseDecreaseInReceivables`	$-15.50M	USD	Annual
Receivables, net	`IncreaseDecreaseInReceivables`	$66.60M	USD	Annual
Receivables, net	`IncreaseDecreaseInReceivables`	$-10.10M	USD	Annual
Inventories, net	`IncreaseDecreaseInInventories`	$79.50M	USD	Annual
Inventories, net	`IncreaseDecreaseInInventories`	$17.60M	USD	Annual
Inventories, net	`IncreaseDecreaseInInventories`	$-65.00M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.70M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.50M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-36.50M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-18.30M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$99.10M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-60.80M	USD	Annual
Accruals and other	`IncreaseDecreaseInAccruedLiabilities`	$3.80M	USD	Annual
Accruals and other	`IncreaseDecreaseInAccruedLiabilities`	$30.30M	USD	Annual
Accruals and other	`IncreaseDecreaseInAccruedLiabilities`	$-64.00M	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$253.90M	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$223.60M	USD	Annual
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$97.00M	USD	Annual
Expenditures for property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipmentIncludingDiscontinuedOperations`	$7.60M	USD	Annual
Expenditures for property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipmentIncludingDiscontinuedOperations`	$21.30M	USD	Annual
Expenditures for property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipmentIncludingDiscontinuedOperations`	$23.30M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$44.80M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$17.10M	USD	Annual
Proceeds from dispositions of long-lived assets	`ProceedsFromSaleOfProductiveAssets`	$14.30M	USD	Annual
Proceeds from dispositions of long-lived assets	`ProceedsFromSaleOfProductiveAssets`	$1.30M	USD	Annual
Proceeds from dispositions of long-lived assets	`ProceedsFromSaleOfProductiveAssets`	$7.70M	USD	Annual
Proceeds from insurance claims	`ProceedsFromInsuranceSettlementInvestingActivities`	-	USD	Annual
Proceeds from insurance claims	`ProceedsFromInsuranceSettlementInvestingActivities`	$9.00M	USD	Annual
Proceeds from insurance claims	`ProceedsFromInsuranceSettlementInvestingActivities`	$9.50M	USD	Annual
Proceeds associated with divestiture of discontinued operations	`ProceedsFromPaymentsToDivestitureOfBusiness`	$4.20M	USD	Annual
Proceeds associated with divestiture of discontinued operations	`ProceedsFromPaymentsToDivestitureOfBusiness`	$35.00M	USD	Annual
Proceeds associated with divestiture of discontinued operations	`ProceedsFromPaymentsToDivestitureOfBusiness`	-	USD	Annual
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.60M	USD	Annual
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.90M	USD	Annual
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.60M	USD	Annual
Proceeds from borrowings of debt	`ProceedsFromIssuanceOfDebt`	$102.00M	USD	Annual
Proceeds from borrowings of debt	`ProceedsFromIssuanceOfDebt`	$13.00M	USD	Annual
Proceeds from borrowings of debt	`ProceedsFromIssuanceOfDebt`	$550.00M	USD	Annual
Repayments of debt	`RepaymentsOfLongTermDebt`	$1.13B	USD	Annual
Repayments of debt	`RepaymentsOfLongTermDebt`	$107.70M	USD	Annual
Repayments of debt	`RepaymentsOfLongTermDebt`	$77.90M	USD	Annual
Dividend received from Spin-Off Transaction of PMC	`ProceedsFromContributionsFromAffiliates`	-	USD	Annual
Dividend received from Spin-Off Transaction of PMC	`ProceedsFromContributionsFromAffiliates`	-	USD	Annual
Dividend received from Spin-Off Transaction of PMC	`ProceedsFromContributionsFromAffiliates`	$486.80M	USD	Annual
Cash transferred to PMC related to Spin-Off Transaction	`PaymentsTransferredRelatedToSpinOff`	-	USD	Annual
Cash transferred to PMC related to Spin-Off Transaction	`PaymentsTransferredRelatedToSpinOff`	$192.80M	USD	Annual
Cash transferred to PMC related to Spin-Off Transaction	`PaymentsTransferredRelatedToSpinOff`	-	USD	Annual
Payment of debt issuance costs	`PaymentsOfFinancingCosts`	$28.80M	USD	Annual
Payment of debt issuance costs	`PaymentsOfFinancingCosts`	-	USD	Annual
Payment of debt issuance costs	`PaymentsOfFinancingCosts`	-	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.50M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$24.90M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.30M	USD	Annual
Taxes withheld and paid on employees' share-based payment awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$700.00K	USD	Annual
Taxes withheld and paid on employees' share-based payment awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.10M	USD	Annual
Taxes withheld and paid on employees' share-based payment awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$32.30M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$125.10M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$900.00K	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$24.70M	USD	Annual
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$50.40M	USD	Annual
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$36.40M	USD	Annual
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$32.50M	USD	Annual
Cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-356.20M	USD	Annual
Cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-239.20M	USD	Annual
Cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-61.10M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.80M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.10M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-4.50M	USD	Annual
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$11.90M	USD	Annual
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$28.20M	USD	Annual
Increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-159.00M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$255.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$136.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$96.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$124.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$255.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$136.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$96.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$124.80M	USD	Point-in-time

Stockholders Equity 61 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.61B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$126.40M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.60B	USD	Point-in-time
Change in pension and other postretirement defined benefit plans, income tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$1.20M	USD	Annual
Change in pension and other postretirement defined benefit plans, income tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$5.60M	USD	Annual
Change in pension and other postretirement defined benefit plans, income tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$2.20M	USD	Annual
Common stock dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.29	USD	Annual
Net income	`ProfitLoss`	$120.90M	USD	Annual
Common stock dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	Annual
Common stock dividends (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.20	USD	Annual
Foreign currency translation and other adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-4.20M	USD	Annual
Change in pension and other post retirement defined benefit plans, net of income tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-18.40M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$44.80M	USD	Annual
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$17.10M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$135.10M	USD	Annual
Repurchased and canceled shares (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	22,300.00	shares	Annual
Repurchased and canceled shares (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	5.30M	shares	Annual
Repurchased and canceled shares (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	1.10M	shares	Annual
Net income	`NetIncomeLoss`	$112.70M	USD	Annual
Cost of repurchased and canceled shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$24.70M	USD	Annual
Net income	`NetIncomeLoss`	$61.70M	USD	Annual
Cost of repurchased and canceled shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$900.00K	USD	Annual
Cost of repurchased and canceled shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$125.00M	USD	Annual
Net income	`NetIncomeLoss`	$120.90M	USD	Annual
Weighted average price of repurchased and canceled shares (in dollars per share)	`StockRepurchasedAndRetiredDuringPeriodWeightedAveragePricePerShare`	$39.27	USD	Annual
Foreign currency translation and other adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.20M	USD	Annual
Foreign currency translation and other adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.20M	USD	Annual
Weighted average price of repurchased and canceled shares (in dollars per share)	`StockRepurchasedAndRetiredDuringPeriodWeightedAveragePricePerShare`	$23.00	USD	Annual
Weighted average price of repurchased and canceled shares (in dollars per share)	`StockRepurchasedAndRetiredDuringPeriodWeightedAveragePricePerShare`	$23.66	USD	Annual
Foreign currency translation and other adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.60M	USD	Annual
Change in pension and other postretirement defined benefit plans, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-3.70M	USD	Annual
Change in pension and other postretirement defined benefit plans, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-4.10M	USD	Annual
Excise tax on repurchases	`ExciseTaxesOnStockRepurchases`	$1.00M	USD	Annual
Change in pension and other postretirement defined benefit plans, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-18.40M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$135.10M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$61.60M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$120.00M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$41.60M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$51.40M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.20M	USD	Annual
Proceeds from exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.30M	USD	Annual
Proceeds from exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.50M	USD	Annual
Proceeds from exercise of stock options	`StockIssuedDuringPeriodValueShareBasedCompensation`	$25.00M	USD	Annual
Taxes withheld and paid on employees' share-based payment awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.10M	USD	Annual
Taxes withheld and paid on employees' share-based payment awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$32.30M	USD	Annual
Taxes withheld and paid on employees' share-based payment awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$700.00K	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$24.70M	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$900.00K	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$126.10M	USD	Annual
Proceeds associated with divestiture of discontinued operations	`DisposalGroupIncludingDiscontinuedOperationConsiderationWorkingCapital`	$35.00M	USD	Annual
Dividend received from Spin-Off Transaction	`DividendsSpinoffTransaction`	$486.80M	USD	Annual
Distribution of the net assets of the PMC business	`StockholdersEquityNoteSpinoffTransaction`	$-1.94B	USD	Annual
Common stock dividends	`DividendsCommonStock`	$36.40M	USD	Annual
Common stock dividends	`DividendsCommonStock`	$25.30M	USD	Annual
Common stock dividends	`DividendsCommonStock`	$43.80M	USD	Annual
Ending balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.61B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$126.40M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.60B	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$112.70M	USD	Annual
Net income	`NetIncomeLoss`	$61.70M	USD	Annual
Net income	`NetIncomeLoss`	$120.90M	USD	Annual
Foreign currency translation and other adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.20M	USD	Annual
Foreign currency translation and other adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.20M	USD	Annual
Foreign currency translation and other adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.60M	USD	Annual
Change in pension and other postretirement defined benefit plans, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-3.70M	USD	Annual
Change in pension and other postretirement defined benefit plans, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-4.10M	USD	Annual
Change in pension and other postretirement defined benefit plans, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-18.40M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$14.20M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.30M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-100.00K	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$135.10M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$61.60M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$120.00M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.