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Quarterly Financial Information (Unaudited) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information (Unaudited) | Quarterly Financial Information (Unaudited) The following tables summarize the Company's unaudited quarterly financial data for the years ended December 31, 2020 and 2019 ($ in millions, except per share amounts):
| 2020
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Year
Net sales | $ | 261.5 |  |  | $ | 254.2 |  |  | $ | 279.3 |  |  | $ | 279.4 |  |  | $ | 1,074.4 |
Gross profit | 74.3 |  |  | 74.3 |  |  | 80.2 |  |  | 79.5 |  |  | 308.3 |
Restructuring and impairment expense | 0.1 |  |  | 1.6 |  |  | 6.0 |  |  | 4.2 |  |  | 11.9 |
Operating profit | 34.1 |  |  | 34.4 |  |  | 37.0 |  |  | 23.3 |  |  | 128.8 |
Income from continuing operations | 22.5 |  |  | 21.5 |  |  | 24.5 |  |  | 15.3 |  |  | 83.8 |
Net income | $ | 22.5 |  |  | $ | 21.5 |  |  | $ | 24.5 |  |  | $ | 15.3 |  |  | $ | 83.8 |
Net income per share: |  |  |  |  |  |  |  |  |
Income per share from continuing operations - basic | $ | 0.72 |  |  | $ | 0.69 |  |  | $ | 0.78 |  |  | $ | 0.49 |  |  | $ | 2.68 |
Net income per share - basic | $ | 0.72 |  |  | $ | 0.69 |  |  | $ | 0.78 |  |  | $ | 0.49 |  |  | $ | 2.68 |
Income per share from continuing operations - diluted | $ | 0.72 |  |  | $ | 0.68 |  |  | $ | 0.78 |  |  | $ | 0.48 |  |  | $ | 2.66 |
Net income per share - diluted | $ | 0.72 |  |  | $ | 0.68 |  |  | $ | 0.78 |  |  | $ | 0.48 |  |  | $ | 2.66 |
| 2019
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Year
Net sales | $ | 258.0 |  |  | $ | 269.9 |  |  | $ | 256.4 |  |  | $ | 238.5 |  |  | $ | 1,022.8 |
Gross profit | 67.9 |  |  | 79.0 |  |  | 72.2 |  |  | 70.9 |  |  | 290.0 |
Restructuring and impairment expense | — |  |  | 0.4 |  |  | 1.6 |  |  | 1.7 |  |  | 3.7 |
Operating profit | 30.4 |  |  | 44.2 |  |  | 34.6 |  |  | 24.8 |  |  | 134.0 |
Income from continuing operations | 17.4 |  |  | 20.5 |  |  | 27.7 |  |  | 20.2 |  |  | 85.8 |
(Loss) income from discontinued operations | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net income | $ | 17.4 |  |  | $ | 20.5 |  |  | $ | 27.7 |  |  | $ | 20.2 |  |  | $ | 85.8 |
Net income per share: |  |  |  |  |  |  |  |  |
Income per share from continuing operations - basic | $ | 0.57 |  |  | $ | 0.66 |  |  | $ | 0.90 |  |  | $ | 0.65 |  |  | $ | 2.78 |
Loss per share from discontinued operations - basic | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net income per share - basic | $ | 0.57 |  |  | $ | 0.66 |  |  | $ | 0.90 |  |  | $ | 0.65 |  |  | $ | 2.78 |
Income per share from continuing operations - diluted | $ | 0.56 |  |  | $ | 0.66 |  |  | $ | 0.90 |  |  | $ | 0.64 |  |  | $ | 2.76 |
Loss per share from discontinued operations - diluted | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net income per share - diluted | $ | 0.56 |  |  | $ | 0.66 |  |  | $ | 0.90 |  |  | $ | 0.64 |  |  | $ | 2.76 |

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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