XML 34 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Income (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Consolidated Statements Of Income [Abstract]      
Net sales $ 774.4 $ 683.2 $ 598.5
Cost of goods sold (548.0) (469.1) (412.3)
Gross profit 226.4 214.1 186.2
Operating expenses:      
Selling, general and administrative (155.9) (113.5) (144.1)
Research and development (18.3) (17.6) (16.4)
Restructuring charge (0.6) (8.7) (2.8)
Impairment of Octane Additives segment goodwill (2.0) (2.2) (2.2)
Profit on disposal, net 0 0.1 0
Total operating expenses (176.8) (141.9) (165.5)
Operating income 49.6 72.2 20.7
Other net income 6.3 3.1 3.6
Interest expense (3.9) (5.1) (6.3)
Interest income 0.6 0.5 0.3
Income before income taxes 52.6 70.7 18.3
Income taxes (3.7) 3.0 (11.9)
Net income $ 48.9 $ 73.7 $ 6.4
Earnings per share:      
Basic $ 2.07 $ 3.10 $ 0.27
Diluted $ 1.99 $ 2.97 $ 0.26
Weighted average shares outstanding (in thousands):      
Basic 23,568 23,756 23,642
Diluted 24,520 24,814 24,714
Dividend declared per common share $ 0.00 $ 0.00 $ 0.05