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Consolidated Statements of Income (Unaudited) - USD ($)
shares 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 $ 521,000,000.0 $ 517,800,000 $ 962,600,000 $ 928,300,000
Cost of products sold 371,000,000.0 353,700,000 693,000,000.0 648,700,000
Gross profit 150,000,000.0 164,100,000 269,600,000 279,600,000
Operating costs and expenses:        
Selling, general and administrative expenses 91,600,000 97,700,000 190,400,000 191,700,000
Amortization of intangibles 10,500,000 11,600,000 21,600,000 23,600,000
Restructuring charges 1,900,000 0 2,200,000 3,900,000
Change in fair value of contingent consideration (9,400,000) 4,900,000 (6,800,000) 11,600,000
Total operating costs and expenses 94,600,000 114,200,000 207,400,000 230,800,000
Operating income [1] 55,400,000 49,900,000 62,200,000 48,800,000
Non-operating expense (income):        
Interest expense 10,800,000 11,600,000 20,500,000 24,800,000
Interest income (2,200,000) (500,000) (3,600,000) (600,000)
Non-operating pension income (1,300,000) (2,500,000) (2,700,000) (3,300,000)
Other (income) expense, net (3,700,000) (9,000,000.0) (2,800,000) 3,900,000
Income before income tax 51,800,000 50,300,000 50,800,000 24,000,000.0
Income tax expense (benefit) 12,400,000 1,700,000 14,100,000 (4,200,000)
Net income $ 39,400,000 $ 48,600,000 $ 36,700,000 $ 28,200,000
Per share:        
Basic income per share (in dollars per share) $ 0.41 $ (0.51) $ 0.38 $ 0.30
Diluted income per share (in dollars per share) $ 0.40 $ (0.50) $ 0.37 $ 0.29
Weighted average number of shares outstanding:        
Basic (in shares) 96.2 95.5 96.2 95.3
Diluted (in shares) 97.4 97.2 98.0 96.9
[1] Operating income (loss) is defined as i) net sales; ii) less cost of products sold; iii) less selling, general and administrative expenses; iv) less amortization of intangibles; v) less restructuring charges; and vi) less change in the fair value of contingent consideration.