XML 13 R3.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Millions, $ 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 $ 356.1 $ 336.5 $ 1,030.6 $ 1,061.8
Cost of sales 280.6 293.3 859.2 894.7
Gross margin 75.5 43.2 171.4 167.1
Selling, general and administrative expense 43.6 42.3 129.7 137.3
Other operating income (expense):        
Currency transaction gains (losses), net (1.0) (0.7) 3.2 0.6
Other operating expense, net (2.9) (3.4) (6.7) (11.8)
Income (loss) from operations 28.0 (3.2) 38.2 18.6
Other income (expense):        
Interest and dividend income 0.1 0.3 0.5 0.6
Securities transactions, net   (12.0)   (12.0)
Interest expense (5.2) (4.3) (15.4) (13.3)
Income (loss) before income taxes 22.9 (19.2) 23.3 (6.1)
Income tax expense (benefit) 0.7 (7.4) 3.2 147.1
Net income (loss) $ 22.2 $ (11.8) $ 20.1 $ (153.2)
Net income (loss) per basic and diluted share $ 0.19 $ (0.10) $ 0.17 $ (1.32)
Cash dividends per share $ 0.15 $ 0.15 $ 0.45 $ 0.45
Weighted average shares used in the calculation of net income (loss) per share 115.9 115.9 115.9 115.9