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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Net sales $ 376.1 $ 265.1 $ 1,070.2 $ 882.3
Cost of goods sold (263.2) (186.4) (748.2) (630.6)
Gross profit 112.9 78.7 322.0 251.7
Operating expenses:        
Selling, general and administrative (71.2) (54.2) (197.5) (182.1)
Research and development (10.3) (7.7) (27.9) (24.4)
Restructuring charge (0.0) (0.0) (0.0) (21.1)
Impairment of intangible assets (0.0) (0.0) (0.0) (19.8)
Total operating expenses (81.5) (61.9) (225.4) (247.4)
Operating income 31.4 16.8 96.6 4.3
Other income/(expense), net (0.2) 3.8 6.2 7.8
Interest expense, net (0.4) (0.4) (1.1) (1.5)
Income before income tax expense 30.8 20.2 101.7 10.6
Income tax expense (7.4) (7.5) (32.5) (4.5)
Net income $ 23.4 $ 12.7 $ 69.2 $ 6.1
Earnings per share:        
Basic $ 0.95 $ 0.52 $ 2.81 $ 0.25
Diluted $ 0.94 $ 0.51 $ 2.78 $ 0.25
Weighted average shares outstanding (in thousands):        
Basic 24,643,000 24,570,000 24,624,000 24,555,000
Diluted 24,864,000 24,720,000 24,872,000 24,758,000