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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net sales $ 1,440.0 $ 1,074.4 $ 1,022.8
Cost of products sold 1,109.7 766.1 732.8
Gross profit 330.3 308.3 290.0
Selling expense 46.7 36.9 33.7
Research expense 20.3 13.8 13.5
General expense 169.9 116.9 105.1
Total nonmanufacturing expenses 236.9 167.6 152.3
Restructuring and impairment expense 10.1 11.9 3.7
Operating profit 83.3 128.8 134.0
Interest expense 46.1 30.5 36.1
Other income (expense), net 35.9 (1.0) (1.0)
Income before income taxes and income from equity affiliates 73.1 97.3 96.9
(Benefit) provision for income taxes (9.4) 18.4 15.2
Income from equity affiliates, net of income taxes 6.4 4.9 4.1
Net income $ 88.9 $ 83.8 $ 85.8
Net income per share - basic:      
Net income per share - basic (in dollars per share) $ 2.83 $ 2.68 $ 2.78
Net income per share – diluted:      
Net income per share - diluted (in dollars per share) $ 2.80 $ 2.66 $ 2.76
Weighted average shares outstanding:      
Basic (in shares) 31,030,400 30,832,700 30,652,200
Diluted (in shares) 31,400,300 31,104,200 30,838,300