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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Net sales $ 294.3 $ 212.1
Cost of goods sold (203.4) (135.9)
Gross profit 90.9 76.2
Operating expenses:    
Selling, general and administrative (55.3) (43.9)
Research and development (7.4) (6.9)
Adjustment to fair value of contingent consideration 0.0 1.6
Loss on disposal of subsidiary 0.0 (1.4)
Foreign exchange loss on liquidation of subsidiary (1.8) 0.0
Total operating expenses (64.5) (50.6)
Operating income 26.4 25.6
Other net expense (1.0) (0.3)
Interest expense, net (2.2) (0.8)
Income before income taxes 23.2 24.5
Income taxes (6.0) (5.6)
Net income $ 17.2 $ 18.9
Earnings per share:    
Basic $ 0.71 $ 0.79
Diluted $ 0.70 $ 0.77
Weighted average shares outstanding (in thousands):    
Basic 24,087 24,019
Diluted 24,527 24,483