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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Net sales $ 472.4 $ 339.6
Cost of goods sold (333.1) (238.8)
Gross profit 139.3 100.8
Operating expenses:    
Selling, general and administrative (84.9) (63.6)
Research and development (10.1) (9.0)
Total operating expenses (95.0) (72.6)
Operating income 44.3 28.2
Other income/(expense), net 4.3 3.0
Interest expense, net (0.4) (0.4)
Income before income tax expense 48.2 30.8
Income tax expense (11.7) (7.4)
Net income $ 36.5 $ 23.4
Earnings per share:    
Basic $ 1.47 $ 0.95
Diluted $ 1.46 $ 0.94
Weighted average shares outstanding (in thousands):    
Basic 24,791,000 24,601,000
Diluted 24,956,000 24,840,000