XML 82 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
Net sales $ 1,221.3 $ 1,089.5 $ 898.5
Cost of sales 898.5 807.4 677.3
Gross profit 322.8 282.1 221.2
Selling, engineering, general and administrative expenses 173.2 159.1 144.3
Acquisition and integration-related expenses 2.5 1.5 2.7
Restructuring 0.0 0.0 0.6
Operating income 147.1 121.5 73.6
Interest expense 7.9 9.3 7.3
Pension settlement charges 0.0 0.0 6.1
Other expense (income), net 0.6 0.6 (0.8)
Income before income taxes 138.6 111.6 61.0
Income tax expense 30.2 17.9 0.5
Income from continuing operations 108.4 93.7 60.5
Gain from discontinued operations and disposal, net of income tax expense (benefit) of $0.0, $0.1 and $(0.8), respectively 0.1 0.3 1.1
Net income $ 108.5 $ 94.0 $ 61.6
Basic earnings per share:      
Earnings from continuing operations (usd per share) $ 1.80 $ 1.56 $ 1.01
Earnings from discontinued operations and disposal, net of tax (usd per share) 0.00 0.01 0.02
Net earnings per share (usd per share) 1.80 1.57 1.03
Diluted earnings per share:      
Earnings from continuing operations (usd per share) 1.76 1.53 1.00
Earnings from discontinued operations and disposal, net of tax (usd per share) 0.00 0.01 0.02
Net earnings per share (usd per share) $ 1.76 $ 1.54 $ 1.02
Weighted average shares outstanding:      
Basic (shares) 60.2 59.9 59.7
Diluted (shares) 61.6 61.2 60.4