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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net sales $ 426.4 $ 377.8 $ 833.2 $ 666.0
Cost of products sold 326.8 289.7 641.0 497.1
Gross profit 99.6 88.1 192.2 168.9
Selling expense 15.0 11.9 29.3 21.0
Research and development expense 5.4 5.4 10.6 9.2
General expense 49.0 52.6 98.3 85.3
Total nonmanufacturing expenses 69.4 69.9 138.2 115.5
Restructuring and impairment expense 2.4 2.3 15.6 4.0
Operating profit 27.8 15.9 38.4 49.4
Interest expense 20.4 13.1 34.9 16.0
Other income (expense), net 7.3 (0.3) 12.8 (2.9)
Income before income taxes and income from equity affiliates 14.7 2.5 16.3 30.5
Provision for income taxes 4.6 3.5 6.7 10.9
Income from equity affiliates, net of income taxes 1.7 2.8 3.8 3.8
Net income $ 11.8 $ 1.8 $ 13.4 $ 23.4
Net income per share:        
Basic (in dollars per share) $ 0.36 $ 0.06 $ 0.41 $ 0.75
Diluted (in dollars per share) $ 0.36 $ 0.06 $ 0.41 $ 0.74
Weighted average shares outstanding:        
Basic (in shares) 31,260,100 31,045,100 31,209,300 31,009,900
Diluted (in shares) 31,409,800 31,402,400 31,412,000 31,371,700