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Shareholders' Equity | 12 Months Ended
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Dec. 31, 2018
Equity [Abstract] |
Shareholders' Equity | Shareholders' Equity
(a) | Ordinary share capital
|  | December 31, 2018 |  | December 31, 2017 |  | December 31, 2018 |  |  | December 31, 2017 |  |
|  | No. |  | No. |  | Millions |  |  | Millions |  |
| Authorized: |  |  |  |  |  |  |  |  |  |
| Ordinary shares of £0.50 each | 40,000,000 |  |  | 40,000,000 |  |  | $ | 35.7 |  | (1) |  | $ | 35.7 |  | (1) |
| Deferred ordinary shares of £0.0001 each | 761,845,318,444 |  |  | 769,423,688,000 |  |  | 149.9 |  | (1) |  | 150.9 |  | (1) |
|  | 761,885,318,444 |  |  | 769,463,688,000 |  |  | $ | 185.6 |  | (1) |  | $ | 186.6 |  | (1) |
| Allotted, called up and fully paid: |  |  |  |  |  |  |  |  |  |
| Ordinary shares of £0.50 each | 29,000,000 |  |  | 27,136,799 |  |  | $ | 26.6 |  | (1) |  | $ | 25.3 |  | (1) |
| Deferred ordinary shares of £0.0001 each | 761,835,338,444 |  |  | 769,413,708,000 |  |  | 149.9 |  | (1) |  | 150.9 |  | (1) |
|  | 761,864,338,444 |  |  | 769,440,844,799 |  |  | $ | 176.5 |  | (1) |  | $ | 176.2 |  | (1) |
| ​ | ​ |  |  | ​ |  |  | ​ |  | ​ |  | ​ |  | ​ |
(1) | The Company's ordinary and deferred share capital are shown in U.S. dollars at the exchange rate prevailing at the month-end spot rate at the time of the share capital being issued. This rate at the end of February 2007 was $1.9613:£1 when the first 20,000,000 shares were issued; the rate at the end of October 2012 was $1.6129:£1 when 7,000,000 shares were issued; the rate at the end of March 2013 was $1.5173:£1 when 1,924 shares were issued; the rate at the end of January 2014 was $1.6487:£1 when 12,076 shares were issued; the rate at the end of May 2014 was $1.6760:£1 when 24,292 shares were issued; the rate at the end of August 2014 was $1.6580:£1 when 58,399 shares were issued; the rate at the end of February 2015 was $1.5436:£1 when 8,563 shares were issued; the rate at the end of March 2015 was $1.4847:£1 when 3,866 shares were issued; the rate at the end of June 2015 was $1.5715:£1 when 27,679 shares were issued; and the rate at the end of August 2018 when was $1.2843:£1 when 1,863,201 shares were issued.
The rights of the shares are as follows: Ordinary shares of £0.50 each The ordinary shares carry no entitlement to an automatic dividend but rank pari passu in respect of any dividend declared and paid. The ordinary shares were allotted and issued to satisfy share awards which vested under the Company's share award and share incentive plans. At December 31, 2018, there were 28,376,729 (2017: 25,929,312) ordinary shares of Luxfer Holdings PLC listed on the New York Stock Exchange (NYSE). Deferred ordinary shares of £0.0001 each The deferred shares have no entitlement to dividends or to vote. On a liquidation, (but not otherwise) the holders of the deferred shares shall be entitled to the repayment of the paid up nominal amount of the deferred shares, but only after any payment to the holders of ordinary shares of an amount equal to 100 times the amount paid up on such ordinary shares. 13. Shareholders' Equity (continued) (b) Treasury Shares
| In millions |  |
| At January 1, 2017 | $ | (7.1 | ) |
| Transfer of treasury shares into ESOP | 0.8 |  |
| Utilization of treasury shares | 0.5 |  |
| At December 31, 2017 | (5.8 | ) |
| Transfer of treasury shares into ESOP | 1.4 |  |
| Utilization of treasury shares | 0.1 |  |
| At December 31, 2018 | $ | (4.3 | ) |
In June 2015, the Board announced a share buy-back program of up to $10 million to cover the needs of employee share plans. Shareholder approval for this program was granted at the 2014 Annual General Meeting (for repurchases up to an aggregate amount of 2,700,000 ordinary shares or ADSs). During 2017 and 2018, no ordinary shares were repurchased under the share buy-back program. At December 31, 2018, there were 378,201 (2017: 527,616) treasury shares held at a cost of $4.3 million (2017: $5.8 million). (c) Own shares held by ESOP
| In millions |  |
| At January 1, 2017 | $ | (0.5 | ) |
| Transfer of treasury shares into ESOP | (0.8 | ) |
| Utilization of ESOP shares | 0.3 |  |
| At December 31, 2017 | (1.0 | ) |
| Issue of new shares | (1.3 | ) |
| Shares sold from ESOP | 0.4 |  |
| Transfer of treasury shares into ESOP | (1.4 | ) |
| Utilization of ESOP shares | 1.1 |  |
| At December 31, 2018 | $ | (2.2 | ) |
At December 31, 2018, there were 1,621,301 ordinary shares of £0.50 each (2017: 104,709 ordinary shares of £0.50 each) held by The Luxfer Group Employee Share Ownership Plan (the "ESOP"). 13. Shareholders' Equity (continued) (d) Dividends paid and proposed
| In millions | 2018 |  | 2017 |  | 2016 |
| Dividends declared and paid during the year: |  |  |  |  |  |
| Interim dividend paid February 3, 2016 ($0.125 per ordinary share) | $ | — |  |  | $ | — |  |  | $ | 3.4 |  |
| Interim dividend paid May 4, 2016 ($0.125 per ordinary share) | — |  |  | — |  |  | 3.3 |  |
| Interim dividend paid August 3, 2016 ($0.125 per ordinary share) | — |  |  | — |  |  | 3.3 |  |
| Interim dividend paid November 2, 2016 ($0.125 per ordinary share) | — |  |  | — |  |  | 3.3 |  |
| Interim dividend paid February 1, 2017 ($0.125 per ordinary share) | — |  |  | 3.3 |  |  | — |  |
| Interim dividend paid May 3, 2017 ($0.125 per ordinary share) | — |  |  | 3.3 |  |  | — |  |
| Interim dividend paid August 2, 2017 ($0.125 per ordinary share) | — |  |  | 3.3 |  |  | — |  |
| Interim dividend paid November 1, 2017 ($0.125 per ordinary share) | — |  |  | 3.4 |  |  | — |  |
| Interim dividend paid February 7, 2018 ($0.125 per ordinary share) | 3.4 |  |  | — |  |  | — |  |
| Interim dividend paid May 2, 2018 ($0.125 per ordinary share) | 3.3 |  |  | — |  |  | — |  |
| Interim dividend paid August 1, 2018 ($0.125 per ordinary share) | 3.3 |  |  | — |  |  | — |  |
| Interim dividend paid November 7, 2018 ($0.125 per ordinary share) | 3.4 |  |  | — |  |  | — |  |
|  | $ | 13.4 |  |  | $ | 13.3 |  |  | $ | 13.3 |  |
| In millions | 2018 |  | 2017 |  | 2016 |
| Dividends declared and paid after December 31 (not recognized as a liability at December 31): |  |  |  |  |  |
| Interim dividend paid February 1, 2017: ($0.125 per ordinary share) | $ | — |  |  | $ | — |  |  | $ | 3.3 |  |
| Interim dividend paid February 7, 2018: ($0.125 per ordinary share) | — |  |  | 3.4 |  |  | — |  |
| Interim dividend paid February 6, 2019: ($0.125 per ordinary share) | 3.4 |  |  | — |  |  | — |  |
|  | $ | 3.4 |  |  | $ | 3.4 |  |  | $ | 3.3 |  |
| ​ | ​ |  |  | ​ |  |  | ​ |  |

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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