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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Net sales $ 205.8 $ 219.3 $ 658.2 $ 654.1
Cost of sales 146.2 160.9 473.7 490.0
Gross profit 59.6 58.4 184.5 164.1
Selling, engineering, general and administrative expenses 33.4 33.4 103.9 102.5
Restructuring 0.3 0.1 0.7 0.0
Operating income 25.9 24.9 79.9 61.6
Interest expense 0.5 0.9 1.7 2.8
Other expense, net 0.3 0.3 1.3 0.6
Income before income taxes 25.1 23.7 76.9 58.2
Income tax expense (8.7) (8.5) (27.3) (18.4)
Income from continuing operations 16.4 15.2 49.6 39.8
Gain from discontinued operations and disposal, net of income tax expense of $1.6, $0.0, $1.6, and $0.0, respectively 2.4 0.2 2.4 0.1
Net income $ 18.8 $ 15.4 $ 52.0 $ 39.9
Basic earnings per share:        
Earnings from continuing operations (usd per share) $ 0.26 $ 0.24 $ 0.79 $ 0.63
Gain from discontinued operations and disposal, net of tax (usd per share) 0.04 0.00 0.04 0.00
Net earnings per share (usd per share) 0.30 0.24 0.83 0.63
Diluted earnings per share:        
Earnings from continuing operations (usd per share) 0.26 0.24 0.78 0.62
Gain from discontinued operations and disposal, net of tax (usd per share) 0.04 0.00 0.04 0.00
Net earnings per share (usd per share) $ 0.30 $ 0.24 $ 0.82 $ 0.62
Weighted average common shares outstanding:        
Basic (shares) 62.3 62.7 62.4 62.8
Diluted (shares) 63.3 63.8 63.4 63.8
Cash dividends declared per common share (usd per share) $ 0.06 $ 0.03 $ 0.18 $ 0.06