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Quarterly Financial Information (Unaudited)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)

The following tables summarize the Company's unaudited quarterly financial data for the years ended December 31, 2015 and 2014 ($ in millions, except per share amounts):
 
2015
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Year
Net Sales
$
188.0

 
$
181.9

 
$
184.4

 
$
209.8

 
$
764.1

Gross Profit
51.4

 
54.8

 
52.4

 
65.8

 
224.4

Restructuring and Impairment Expense
4.0

 
5.2

 
1.3

 
4.1

 
14.6

Operating Profit (loss)
22.5

 
24.0

 
31.8

 
24.7

 
103.0

Income (loss) from continuing operations
18.8

 
24.5

 
25.6

 
21.6

 
90.5

(Loss) income from discontinued operations
—

 
(1.1
)
 
0.2

 
0.1

 
(0.8
)
Net Income (loss)
$
18.8

 
$
23.4

 
$
25.8

 
$
21.7

 
$
89.7

 
 
 
 
 
 
 
 
 
 
Net Income (Loss) Per Share:

 

 

 

 
 
Income (loss) per share from continuing operations - basic
$
0.62

 
$
0.80

 
$
0.84

 
$
0.71

 
$
2.97

(Loss) income per share from discontinued operations - basic
—

 
(0.04
)
 
0.01

 
0.01

 
(0.02
)
Net Income (loss) per Share - Basic
$
0.62

 
$
0.76

 
$
0.85

 
$
0.72

 
$
2.95

 

 

 

 

 
 
Income (loss) per share from continuing operations - diluted
$
0.61

 
$
0.80

 
$
0.84

 
$
0.71

 
$
2.96

(Loss) income per share from discontinued operations - diluted
—

 
(0.04
)
 
0.01

 
0.01

 
(0.02
)
Net Income (loss) per Share - Diluted
$
0.61

 
$
0.76

 
$
0.85

 
$
0.72

 
$
2.94


 
2014
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Year
Net Sales
$
204.7

 
$
203.6

 
$
204.3

 
$
181.7

 
$
794.3

Gross Profit
57.6

 
59.2

 
52.9

 
49.1

 
218.8

Restructuring and Impairment Expense
0.1

 
3.2

 
3.3

 
6.5

 
13.1

Operating Profit
33.1

 
30.5

 
25.2

 
17.3

 
106.1

Income from continuing operations
23.2

 
25.0

 
23.1

 
18.4

 
89.7

Loss from discontinued operations
—

 
—

 
(0.1
)
 
0.1

 
—

Net Income
$
23.2

 
$
25.0

 
$
23.0

 
$
18.5

 
$
89.7

 
 
 
 
 
 
 
 
 
 
Net Income Per Share:
 
 
 
 
 
 
 
 
 
Income per share from continuing operations - basic
$
0.75

 
$
0.82

 
$
0.76

 
$
0.61

 
$
2.94

Loss per share from discontinued operations - basic
—

 
—

 
—

 
—

 
—

Net Income per Share - Basic
$
0.75

 
$
0.82

 
$
0.76

 
$
0.61

 
$
2.94

 
 
 
 
 
 
 
 
 
 
Income per share from continuing operations - diluted
$
0.75

 
$
0.81

 
$
0.76

 
$
0.61

 
$
2.93

Loss per share from discontinued operations - diluted
—

 
—

 
—

 
—

 
—

Net Income per Share - Diluted
$
0.75

 
$
0.81

 
$
0.76

 
$
0.61

 
$
2.93