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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Net sales $ 1,041.3 $ 982.1 $ 839.9
Cost of products sold 762.8 698.7 582.0
Gross profit 278.5 283.4 257.9
Selling expense 35.7 33.3 25.3
Research expense 15.2 17.8 17.5
General expense 90.9 95.9 79.5
Total nonmanufacturing expenses 141.8 147.0 122.3
Restructuring and impairment expense 1.7 8.1 25.6
Operating profit 135.0 128.3 110.0
Interest expense 28.2 26.9 16.6
Other income, net 10.0 0.1 0.0
Income from continuing operations before income taxes and income from equity affiliates 116.8 101.5 93.4
Provision for income taxes 10.7 69.6 15.4
(Loss) income from equity affiliates, net of income taxes (11.3) 2.5 4.8
Income from continuing operations 94.8 34.4 82.8
(Loss) gain from discontinued operations (0.3) 0.1 0.0
Net income $ 94.5 $ 34.5 $ 82.8
Net income (loss) per share - basic:      
Income per share from continuing operations (in dollars per share) $ 3.08 $ 1.12 $ 2.71
Loss per share from discontinued operations (in dollars per share) (0.01) 0.00 0.00
Net income per share - basic (in dollars per share) 3.07 1.12 2.71
Net income (loss) per share – diluted:      
Income per share from continuing operations (in dollars per share) 3.07 1.12 2.70
Loss per share from discontinued operations (in dollars per share) (0.01) 0.00 0.00
Net income per share - diluted (in dollars per share) $ 3.06 $ 1.12 $ 2.70
Weighted average shares outstanding:      
Basic (in shares) 30,551,300 30,407,100 30,310,900
Diluted (in shares) 30,692,900 30,549,300 30,463,400