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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jul. 01, 2018
Jun. 30, 2019
Jul. 01, 2018
Income Statement [Abstract]        
Net sales $ 116.5 $ 128.2 $ 236.9 $ 247.9
Cost of goods sold (85.5) (94.6) (175.8) (184.0)
Gross profit 31.0 33.6 61.1 63.9
Selling, general and administrative expenses (14.4) (16.8) (30.8) (32.0)
Research and development (1.6) (1.9) (3.0) (3.5)
Restructuring charges (12.7) (0.3) (21.7) (1.0)
Impairment charges 0.0 0.0 0.2 0.0
Acquisition and disposal related gains / (costs) 2.9 0.0 (1.7) 0.0
Operating income 5.2 14.6 4.1 27.4
Interest expense (1.1) (1.1) (2.2) (2.7)
Interest income 0.0 0.1 0.0 0.2
Defined benefit pension credit 0.5 1.2 1.1 2.6
Income before income taxes and equity in net income of affiliates 4.6 14.8 3.0 27.5
Provision for income taxes (1.4) (3.4) (3.5) (6.4)
Income / (loss) before equity in net income of affiliates 3.2 11.4 (0.5) 21.1
Equity income of affiliates (net of tax) 0.3 0.0 0.2 0.2
Net income / (loss) $ 3.5 $ 11.4 $ (0.3) $ 21.3
Earnings / (loss) per share        
Basic (usd per share) $ 0.13 $ 0.43 $ (0.01) $ 0.80
Diluted (usd per share) [1] $ 0.13 $ 0.41 $ (0.01) $ 0.78
Weighted average ordinary shares outstanding        
Basic (shares) 27,302,174 26,558,883 27,168,170 26,535,824
Diluted (shares) 27,889,909 27,584,515 27,168,170 27,396,557
[1] The loss per share for 2019 year-to-date has not been diluted, since the incremental shares included in the weighted-average number of shares outstanding would have been anti-dilutive.