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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales $ 504.7 $ 495.3 $ 922.7 $ 881.4
Cost of sales 409.5 404.8 747.3 722.5
Gross profit 95.2 90.5 175.4 158.9
Operating costs and expenses:        
Engineering, selling and administrative expenses 50.5 62.1 109.9 122.5
Asset impairment expense   0.4   0.4
Amortization of intangible assets 0.1 0.1 0.2 0.2
Restructuring expense 2.7 3.8 7.2 10.0
Total operating costs and expenses 53.3 66.4 117.3 133.1
Operating income 41.9 24.1 58.1 25.8
Other income (expense):        
Interest expense (7.5) (9.4) (18.4) (19.4)
Amortization of deferred financing fees (0.4) (0.4) (0.8) (0.9)
Loss on debt extinguishment     (25.0)  
Other income (expense) - net 15.9 (5.6) 12.6 (2.9)
Total other income (expense) 8.0 (15.4) (31.6) (23.2)
Income from continuing operations before income taxes 49.9 8.7 26.5 2.6
Provision (benefit) for income taxes 3.9 (1.2) 7.2 2.7
Income (loss) from continuing operations 46.0 9.9 19.3 (0.1)
Discontinued operations:        
Loss from discontinued operations, net of income taxes of $0.0, $0.0, $0.0 and $0.0, respectively   (0.2)   (0.2)
Net income (loss) $ 46.0 $ 9.7 $ 19.3 $ (0.3)
Basic income (loss) per common share:        
Income from continuing operations $ 1.29 $ 0.28 $ 0.54  
Loss from discontinued operations, net of income taxes   (0.01)   $ (0.01)
Basic income (loss) per common share 1.29 0.27 0.54 (0.01)
Diluted income (loss) per common share:        
Income from continuing operations 1.29 0.27 0.54  
Loss from discontinued operations, net of income taxes       (0.01)
Diluted income (loss) per common share $ 1.29 $ 0.27 $ 0.54 $ (0.01)
Weighted average shares outstanding - basic 35,595,718 35,530,356 35,619,145 35,449,298
Weighted average shares outstanding - diluted 35,725,908 36,064,108 35,799,089 35,449,298