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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Net sales $ 360.7 $ 294.3
Cost of goods sold (256.2) (203.4)
Gross profit 104.5 90.9
Operating expenses:    
Selling, general and administrative (67.3) (56.4)
Research and development (8.3) (7.4)
Foreign exchange loss on liquidation of subsidiary 0.0 (1.8)
Total operating expenses (75.6) (65.6)
Operating income 28.9 25.3
Other income, net 2.5 0.1
Interest expense, net (1.7) (2.2)
Income before income taxes 29.7 23.2
Income taxes (7.5) (6.0)
Net income $ 22.2 $ 17.2
Earnings per share:    
Basic $ 0.91 $ 0.71
Diluted $ 0.90 $ 0.70
Weighted average shares outstanding (in thousands):    
Basic 24,369 24,087
Diluted 24,574 24,527