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Consolidated Statements of Income - USD ($)
shares in Thousands, $ 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 $ 228.0 $ 242.9 $ 440.1 $ 512.1
Cost of goods sold (142.5) (155.4) (278.4) (342.8)
Gross profit 85.5 87.5 161.7 169.3
Operating expenses:        
Selling, general and administrative (53.1) (50.2) (97.0) (98.9)
Research and development (6.2) (6.5) (13.1) (12.7)
Adjustment to fair value of contingent consideration 2.4 26.6 4.0 23.1
Loss on disposal of subsidiary 0.0 0.0 (1.4) 0.0
Total operating expenses (56.9) (30.1) (107.5) (88.5)
Operating income 28.6 57.4 54.2 80.8
Other net income/(expense) 8.5 (4.7) 8.2 (3.2)
Interest expense, net (0.7) (0.9) (1.5) (1.9)
Income before income taxes 36.4 51.8 60.9 75.7
Income taxes (7.5) (17.3) (13.1) (23.3)
Net income $ 28.9 $ 34.5 $ 47.8 $ 52.4
Earnings per share:        
Basic $ 1.21 $ 1.43 $ 1.99 $ 2.16
Diluted $ 1.18 $ 1.40 $ 1.95 $ 2.12
Weighted average shares outstanding (in thousands):        
Basic 23,973 24,202 23,996 24,251
Diluted 24,443 24,671 24,462 24,761