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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Net sales $ 261.5 $ 258.0
Cost of products sold 187.2 190.1
Gross profit 74.3 67.9
Selling expense 9.5 8.6
Research and development expense 3.2 3.3
General expense 27.4 25.6
Total nonmanufacturing expenses 40.1 37.5
Restructuring and impairment expense 0.1 0.0
Operating profit 34.1 30.4
Interest expense 6.9 7.8
Other income (expense), net 0.6 (0.6)
Income from continuing operations before income taxes and income from equity affiliates 27.8 22.0
Provision for income taxes 5.3 4.4
Loss from equity affiliates, net of income taxes 0.0 (0.2)
Income from continuing operations 22.5 17.4
Net income $ 22.5 $ 17.4
Net income per share - basic:    
Income per share from continuing operations (in dollars per share) $ 0.72 $ 0.57
Net income per share - basic (in dollars per share) 0.72 0.57
Net income per share – diluted:    
Income per share from continuing operations (in dollars per share) 0.72 0.56
Net income per share - diluted (in dollars per share) $ 0.72 $ 0.56
Weighted average shares outstanding:    
Basic (in shares) 30,712,300 30,620,600
Diluted (in shares) 30,910,000.0 30,716,700