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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Net Sales $ 214.6 $ 188.0
Cost of products sold 151.1 136.6
Gross Profit 63.5 51.4
Selling expense 6.4 5.4
Research expense 4.3 3.3
General expense 19.4 16.2
Total nonmanufacturing expenses 30.1 24.9
Restructuring and impairment expense 1.8 4.0
Operating Profit 31.6 22.5
Interest expense 4.6 1.7
Other income, net 2.3 2.1
Income from Continuing Operations before Income Taxes and (Loss) income from Equity Affiliates 29.3 22.9
Provision for income taxes 8.1 5.5
(Loss) income from equity affiliates, net of income taxes (0.1) 1.4
Income from Continuing Operations 21.1 18.8
Income (loss) from Discontinued Operations 0.0 0.0
Net Income $ 21.1 $ 18.8
Net Income per Share - Basic:    
Income per share from continuing operations (in dollars per share) $ 0.69 $ 0.62
Income (loss) per share from discontinued operations (in dollars per share) 0.00 0.00
Net income per share - basic (in dollars per share) 0.69 0.62
Net Income per Share – Diluted:    
Income per share from continuing operations (in dollars per share) 0.69 0.61
Income (loss) per share from discontinued operations (in dollars per share) 0.00 0.00
Net income per share - diluted (in dollars per share) $ 0.69 $ 0.61
Weighted Average Shares Outstanding:    
Basic (in shares) 30,294,900 30,178,300
Diluted (in shares) 30,422,700 30,293,200