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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Millions, $ 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 $ 499.8 $ 416.9 $ 1,443.4 $ 1,223.9
Cost of sales 376.8 336.3 1,115.7 959.4
Gross margin 123.0 80.6 327.7 264.5
Selling, general and administrative expense 64.2 55.6 185.1 161.8
Other operating income (expense):        
Currency transactions, net 1.2 (2.9) 1.2 3.2
Other operating expense, net (2.7) (2.8) (8.7) (10.1)
Income from operations 57.3 19.3 135.1 95.8
Other income (expense):        
Interest and dividend income   0.1 0.2 1.5
Insurance settlement gain       1.5
Marketable equity securities (0.1) 0.4 1.2 (1.3)
Other components of net periodic pension and OPEB cost (4.3) (5.0) (12.9) (14.4)
Interest expense (4.8) (4.9) (15.0) (14.1)
Income before income taxes 48.1 9.9 108.6 69.0
Income tax expense 12.1 1.8 27.3 15.3
Net income $ 36.0 $ 8.1 $ 81.3 $ 53.7
Net income per basic and diluted share $ 0.31 $ 0.07 $ 0.70 $ 0.46
Weighted average shares used in the calculation of net income per share 115.5 115.5 115.5 115.6