XML 12 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Income - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Revenue, Net $ 261.9 $ 233.3
Cost of products sold 189.9 169.9
Gross profit 72.0 63.4
Selling expense 9.1 8.3
Research expense 4.1 4.4
General expense 23.4 22.0
Total nonmanufacturing expenses 36.6 34.7
Restructuring and impairment expense 0.4 1.1
Operating profit 35.0 27.6
Interest expense 6.2 5.8
Other (expense), net (0.3) (1.1)
Income from continuing operations before income taxes and income from equity affiliates 28.5 20.7
Provision for income taxes 7.3 7.1
Income (Loss) from Equity Method Investments (0.3) 0.1
Income from continuing operations 20.9 13.7
Loss from discontinued operations (0.4) 0.0
Net income $ 20.5 $ 13.7
Net income per share - basic:    
Income per share from continuing operations (in dollars per share) $ 0.68 $ 0.45
Income (loss) per share from discontinued operations (in dollars per share) (0.01) 0.00
Net income per share - basic (in dollars per share) 0.67 0.45
Net income per share – diluted:    
Income per share from continuing operations (in dollars per share) 0.68 0.45
Income (loss) per share from discontinued operations (in dollars per share) (0.01) 0.00
Net income per share - diluted (in dollars per share) $ 0.67 $ 0.45
Weighted average shares outstanding:    
Basic (in shares) 30,488,600 30,364,700
Diluted (in shares) 30,619,700 30,487,300