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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Net sales $ 982.1 $ 839.9 $ 764.1
Cost of products sold 699.8 583.2 539.7
Gross profit 282.3 256.7 224.4
Selling expense 33.3 25.3 22.2
Research expense 17.8 17.5 14.0
General expense 98.4 82.2 70.6
Total nonmanufacturing expenses 149.5 125.0 106.8
Restructuring and impairment expense 8.1 25.6 14.6
Operating profit 124.7 106.1 103.0
Interest expense 26.9 16.6 9.7
Other income, net 3.7 3.9 12.2
Income from continuing operations before income taxes and income from equity affiliates 101.5 93.4 105.5
Provision for income taxes 69.6 15.4 21.6
Income from equity affiliates, net of income taxes 2.5 4.8 6.6
Income from continuing operations 34.4 82.8 90.5
Gain (loss) from discontinued operations 0.1 0.0 (0.8)
Net income $ 34.5 $ 82.8 $ 89.7
Net income (loss) per share - basic:      
Income per share from continuing operations (in dollars per share) $ 1.12 $ 2.71 $ 2.97
Loss per share from discontinued operations (in dollars per share) 0.00 0.00 (0.02)
Net income per share - basic (in dollars per share) 1.12 2.71 2.95
Net income (loss) per share – diluted:      
Income per share from continuing operations (in dollars per share) 1.12 2.70 2.96
Loss per share from discontinued operations (in dollars per share) 0.00 0.00 (0.02)
Net income per share - diluted (in dollars per share) $ 1.12 $ 2.70 $ 2.94
Weighted average shares outstanding:      
Basic (in shares) 30,407,100 30,310,900 30,251,400
Diluted (in shares) 30,549,300 30,463,400 30,374,300