(amounts in millions) |
2023 |
2022 |
|||||||
Net income |
Q2 |
Q1 |
Q2 |
||||||
GAAP net income (loss) |
$ |
17.9 |
|
$ |
(3.5 |
) |
$ |
17.9 |
|
|
|
|
|
||||||
Acquisition and divestiture related costs: |
|
|
|
||||||
Acquisition and related integration costs |
|
— |
|
|
0.1 |
|
|
0.1 |
|
Acquisition intangible amortization |
|
3.3 |
|
|
3.3 |
|
|
4.2 |
|
Dispositions |
|
0.1 |
|
|
1.2 |
|
|
— |
|
Loss/(gain) on sale or disposal of assets |
|
(0.5 |
) |
|
— |
|
|
— |
|
|
|
|
|
||||||
Restructuring, business realignment and other cost saving initiatives: |
|
|
|
||||||
Restructuring, severance, impairment and other related costs |
|
4.6 |
|
|
11.9 |
|
|
1.0 |
|
|
|
|
|
||||||
Non-routine shareholder advisory costs |
|
0.1 |
|
|
7.6 |
|
|
— |
|
| (Income) costs associated with terminated merger |
|
1.5 |
|
|
1.9 |
|
|
3.4 |
|
| UTIS fire (recovery)/charges |
|
(5.9 |
) |
|
(0.2 |
) |
|
(1.7 |
) |
| Income tax effect of non-GAAP adjustments and intangible amortization |
|
(1.0 |
) |
|
(6.1 |
) |
|
(1.7 |
) |
| Adjusted net income |
$ |
20.0 |
|
$ |
16.2 |
|
$ |
23.2 |
|
| *Values in table may not add due to rounding. |
