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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The following tables summarize the Company's unaudited quarterly financial data for the years ended December 31, 2018 and 2017 ($ in millions, except per share amounts):
 
2018
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Year
Net sales
$
261.9

 
$
270.4

 
$
260.3

 
$
248.7

 
$
1,041.3

Gross profit
72.0

 
77.4

 
65.3

 
63.8

 
278.5

Restructuring and impairment expense
0.4

 
0.6

 
0.4

 
0.3

 
1.7

Operating profit
35.0

 
42.1

 
31.1

 
26.8

 
135.0

Income from continuing operations
20.9

 
25.8

 
40.9

 
7.2

 
94.8

(loss) gain from discontinued operations
(0.4
)
 

 
0.1

 

 
(0.3
)
Net income
$
20.5

 
$
25.8

 
$
41.0

 
$
7.2

 
$
94.5

 
 
 
 
 
 
 
 
 
 
Net income (loss) per share:
 
 
 
 
 
 
 
 
 
Income per share from continuing operations - basic
$
0.68

 
$
0.84

 
$
1.33

 
$
0.23

 
$
3.08

Loss per share from discontinued operations - basic
(0.01
)
 

 

 

 
(0.01
)
Net income per share - basic
$
0.67

 
$
0.84

 
$
1.33

 
$
0.23

 
$
3.07

 
 
 
 
 
 
 

 
 
Income per share from continuing operations - diluted
$
0.68

 
$
0.83

 
$
1.33

 
$
0.23

 
$
3.07

Loss per share from discontinued operations - diluted
(0.01
)
 

 

 

 
(0.01
)
Net income per share - diluted
$
0.67

 
$
0.83

 
$
1.33

 
$
0.23

 
$
3.06


 
2017
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Year
Net sales
$
233.3

 
$
255.3

 
$
257.8

 
$
235.7

 
$
982.1

Gross profit
63.4

 
76.9

 
76.0

 
67.1

 
283.4

Restructuring and impairment expense
1.1

 
1.6

 
1.5

 
3.9

 
8.1

Operating profit
27.6

 
40.3

 
39.3

 
21.1

 
128.3

Income from continuing operations
13.7

 
22.3

 
25.7

 
(27.3
)
 
34.4

(Loss) income from discontinued operations

 

 
0.1

 

 
0.1

Net income
$
13.7

 
$
22.3

 
$
25.8

 
$
(27.3
)
 
$
34.5

 
 
 
 
 
 
 
 
 
 
Net income per share:
 
 
 
 
 
 
 
 
 
Income (loss) per share from continuing operations - basic
$
0.45

 
$
0.73

 
$
0.84

 
$
(0.90
)
 
$
1.12

(Loss) income per share from discontinued operations - basic

 

 

 

 

Net income (loss) per share - basic
$
0.45

 
$
0.73

 
$
0.84

 
$
(0.90
)
 
$
1.12

 
 
 
 
 
 
 
 
 
 
Income (loss) per share from continuing operations - diluted
$
0.45

 
$
0.72

 
$
0.84

 
$
(0.89
)
 
$
1.12

(Loss) income per share from discontinued operations - diluted

 

 

 

 

Net income (loss) per share - diluted
$
0.45

 
$
0.72

 
$
0.84

 
$
(0.89
)
 
$
1.12