XML 41 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Net sales $ 898.5 $ 707.9 $ 768.0
Cost of sales 677.3 524.8 542.4
Gross profit 221.2 183.1 225.6
Selling, engineering, general and administrative expenses 144.7 122.3 122.0
Acquisition and integration-related expenses 2.7 1.4 0.0
Pension settlement charges 6.1 0.0 0.0
Restructuring 0.6 1.7 0.4
Operating income 67.1 57.7 103.2
Interest expense 7.3 1.9 2.3
Debt settlement charges 0.0 0.3 0.0
Other (income) expense, net (1.2) (1.3) 1.0
Income before income taxes 61.0 56.8 99.9
Income tax expense 0.5 17.4 34.1
Income from continuing operations 60.5 39.4 65.8
Gain (loss) from discontinued operations and disposal, net of income tax (benefit) expense of $(0.8), $3.4 and $8.3, respectively 1.1 4.4 (2.3)
Net income $ 61.6 $ 43.8 $ 63.5
Basic earnings per share:      
Earnings from continuing operations (usd per share) $ 1.01 $ 0.65 $ 1.06
Earnings (loss) from discontinued operations and disposal, net of tax (usd per share) 0.02 0.07 (0.04)
Net earnings per share (usd per share) 1.03 0.72 1.02
Diluted earnings per share:      
Earnings from continuing operations (usd per share) 1.00 0.64 1.04
Earnings (loss) from discontinued operations and disposal, net of tax (usd per share) 0.02 0.07 (0.04)
Net earnings per share (usd per share) $ 1.02 $ 0.71 $ 1.00
Weighted average shares outstanding:      
Basic (shares) 59.7 60.4 62.2
Diluted (shares) 60.4 61.2 63.4
Cash dividends declared per common share (usd per share) $ 0.28 $ 0.28 $ 0.25