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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Net sales $ 258.0 $ 261.9
Cost of products sold 190.1 189.9
Gross profit 67.9 72.0
Selling expense 8.6 9.1
Research expense 3.3 4.1
General expense 25.6 23.4
Total nonmanufacturing expenses 37.5 36.6
Restructuring and impairment expense 0.0 0.4
Operating profit 30.4 35.0
Interest expense 7.8 6.2
Other expense, net (0.6) (0.3)
Income from continuing operations before income taxes and income from equity affiliates 22.0 28.5
Provision for income taxes 4.4 7.3
Loss from equity affiliates, net of income taxes (0.2) (0.3)
Income from continuing operations 17.4 20.9
Loss from discontinued operations 0.0 (0.4)
Net income $ 17.4 $ 20.5
Net income per share - basic:    
Income per share from continuing operations (in dollars per share) $ 0.57 $ 0.68
Income (loss) per share from discontinued operations (in dollars per share) 0.00 (0.01)
Net income per share - basic (in dollars per share) 0.57 0.67
Net income per share – diluted:    
Income per share from continuing operations (in dollars per share) 0.56 0.68
Income (loss) per share from discontinued operations (in dollars per share) 0.00 (0.01)
Net income per share - diluted (in dollars per share) $ 0.56 $ 0.67
Weighted average shares outstanding:    
Diluted (in shares) 30,716,700 30,619,700
Basic (in shares) 30,620,600 30,488,600