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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Net sales $ 1,004.0 $ 946.9 $ 1,973.1 $ 1,805.7
Cost of goods sold 839.5 797.9 1,655.8 1,534.8
Gross profit 164.5 149.0 317.3 270.9
Selling, general and administrative expenses 70.6 61.5 139.1 118.6
Operating income 93.9 87.5 178.2 152.3
Interest expense (24.8) (25.1) (49.9) (50.1)
Investment income 0.6 0.3 1.4 0.6
Other income, net 1.8 0.8 4.2 1.3
Income before income taxes 71.5 63.5 133.9 104.1
Income tax expense 12.9 11.3 22.1 18.3
Net income $ 58.6 $ 52.2 $ 111.8 $ 85.8
Basic earnings per share $ 0.75 $ 0.67 $ 1.44 $ 1.11
Diluted earnings per share $ 0.75 $ 0.67 $ 1.43 $ 1.11