XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Net sales $ 406.8 $ 288.2
Cost of products sold 314.2 207.4
Gross profit 92.6 80.8
Selling expense 14.3 9.1
Research and development expense 5.2 3.8
General expense 49.3 32.7
Total nonmanufacturing expenses 68.8 45.6
Restructuring and impairment expense 13.2 1.7
Operating profit 10.6 33.5
Interest expense 14.5 2.9
Other income (expense), net 5.5 (2.6)
Income before income taxes and income from equity affiliates 1.6 28.0
Provision for income taxes 2.1 7.4
Income from equity affiliates, net of income taxes 2.1 1.0
Net income $ 1.6 $ 21.6
Net income per share - basic:    
Net income per share - basic (in dollars per share) $ 0.05 $ 0.69
Net income per share – diluted:    
Net income per share - diluted (in dollars per share) $ 0.05 $ 0.68
Weighted average shares outstanding:    
Basic (in shares) 31,158,000 30,974,200
Diluted (in shares) 31,413,700 31,340,500