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Combined Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Net sales $ 248.7 $ 262.2 $ 452.6 $ 501.4
Cost of sales 172.6 177.1 316.5 347.2
Gross profit 76.1 85.1 136.1 154.2
Selling, general and administrative expenses 28.9 32.1 56.5 60.3
Separation costs 4.7 4.8 11.1 6.3
Interest expense, net 5.0 4.4 10.4 8.5
Other (income) expense, net (0.9) 0.2 (0.1) (0.9)
Income before income taxes 38.4 43.6 58.2 80.0
Provision for income taxes 12.6 16.5 22.6 28.7
Net income (loss) 25.8 27.1 35.6 51.3
Less: Net income (loss) attributable to noncontrolling interests, net of taxes 2.1 1.2 3.7 2.4
Net income (loss) attributable to Ingevity Corporation $ 23.7 $ 25.9 $ 31.9 $ 48.9
Per share data        
Basic and diluted earnings per share attributable to Ingevity Corporation (usd per share) [1] $ 0.56 $ 0.62 $ 0.76 $ 1.16
[1] On May 15, 2016, WestRock distributed 42,102 thousand shares of Ingevity's common stock to holders of its common stock. Basic and diluted earnings (loss) per share for the three and six months ended June 30, 2015 is calculated using the number of common shares distributed on May 15, 2016. Basic and diluted earnings (loss) per share for the three and six months ended June 30, 2016 is calculated using the weighted average number of common shares outstanding for the period beginning after the distribution date.