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Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Net sales $ 222.6 $ 204.4 $ 422.4 $ 400.5
Cost of sales 170.8 155.2 323.8 306.0
Gross profit 51.8 49.2 98.6 94.5
Selling, engineering, general and administrative expenses 34.2 33.5 68.9 67.6
Restructuring charges (benefit) (0.6) (0.1) (0.6) 0.8
Operating income 18.2 15.8 30.3 26.1
Interest expense 1.7 5.4 6.2 10.5
Debt settlement charges     8.7 1.6
Other (income) expense, net 0.1 0.5 (0.1) 0.3
Income before income taxes 16.4 9.9 15.5 13.7
Income tax benefit (expense) 101.4 (0.3) 101.2 (1.0)
Income from continuing operations 117.8 9.6 116.7 12.7
Gain (loss) from discontinued operations and disposal, net of income tax expense (benefit) of $0.2, ($0.7), $0.2 and ($0.6), respectively (0.3) (26.1) 0.2 (30.2)
Net income (loss) $ 117.5 $ (16.5) $ 116.9 $ (17.5)
Basic earnings (loss) per share:        
Earnings from continuing operations $ 1.88 $ 0.15 $ 1.87 $ 0.20
Loss from discontinued operations and disposal, net of tax   $ (0.41)   $ (0.48)
Net earnings (loss) per share $ 1.88 $ (0.26) $ 1.87 $ (0.28)
Diluted earnings (loss) per share:        
Earnings from continuing operations $ 1.87 $ 0.15 $ 1.86 $ 0.20
Loss from discontinued operations and disposal, net of tax   $ (0.41)   $ (0.48)
Net earnings (loss) earnings per share $ 1.87 $ (0.26) $ 1.86 $ (0.28)
Weighted average common shares outstanding:        
Basic 62.5 62.3 62.4 62.2
Diluted 62.9 62.6 62.8 62.5