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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2017
Business Combinations [Abstract]  
Schedule of Preliminary Fair Values of the Assets Acquired and Liabilities Assumed
The following table summarizes the preliminary fair values of the Globe assets acquired and liabilities assumed at the date of acquisition:
(In millions)
July 31, 2017
Current assets (including cash of $58 thousand)
$
28.6

Property, plant and equipment
8.3

Trade name
60.0

Distributor relationships
40.2

Acquired technology and other intangible assets
10.5

Goodwill
74.5

Total assets acquired
222.1

Total liabilities assumed
5.7

Net assets acquired
$
216.4

The following table summarizes the preliminary fair values of the Senscient assets acquired and liabilities assumed at the date of acquisition:
(In millions)
September 19, 2016
Current assets (including cash of $0.7 million)
$
5.9

Property, plant and equipment and other noncurrent assets
0.3

Acquired technology
1.6

Customer-related intangibles
2.8

Goodwill
10.5

Total assets acquired
21.1

Total liabilities assumed
2.0

Net assets acquired
$
19.1

The following table summarizes the preliminary fair values of the Latchways assets acquired and liabilities assumed at the date of acquisition:
(In millions)
October 21, 2015
Current assets (including cash of $10.6 million)
$
35.7

Property, plant and equipment
9.5

Trade name and acquired technology
14.6

Customer-related intangibles
53.0

Goodwill
98.0

Total assets acquired
210.8

Total liabilities assumed
19.9

Net assets acquired
$
190.9

Pro Forma Financial Information (Unaudited)
(In millions, except per share amounts)
2017
2016
2015
Net sales
$
1,261

$
1,263

$
1,280

Income from continuing operations
35

105

87

Basic earnings per share from continuing operations
0.93

2.81

2.33

Diluted earnings per share from continuing operations
0.92

2.78

2.30