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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Net sales $ 205.5 $ 254.2 $ 645.6 $ 766.3
Cost of goods sold (126.3) (163.8) (404.7) (506.6)
Gross profit 79.2 90.4 240.9 259.7
Operating expenses:        
Selling, general and administrative (56.1) (52.7) (153.1) (151.6)
Research and development (6.5) (6.6) (19.6) (19.3)
Adjustment to fair value of contingent consideration 2.3 8.5 6.3 31.6
Profit/(loss) on disposal of subsidiary 0.0 1.6 (1.4) 1.6
Total operating expenses (60.3) (49.2) (167.8) (137.7)
Operating income 18.9 41.2 73.1 122.0
Other net (expense)/income (5.0) 1.2 3.2 (2.0)
Interest expense, net (0.7) (1.0) (2.2) (2.9)
Income before income taxes 13.2 41.4 74.1 117.1
Income taxes (1.8) (5.8) (14.9) (29.1)
Net income $ 11.4 $ 35.6 $ 59.2 $ 88.0
Earnings per share:        
Basic $ 0.48 $ 1.48 $ 2.47 $ 3.64
Diluted $ 0.47 $ 1.45 $ 2.42 $ 3.57
Weighted average shares outstanding (in thousands):        
Basic 23,977 24,121 23,989 24,162
Diluted 24,476 24,611 24,462 24,660