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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Net sales $ 372.3 $ 388.3
Cost of goods sold (258.4) (270.5)
Gross profit 113.9 117.8
Operating expenses:    
Selling, general and administrative (64.4) (72.5)
Research and development (8.6) (9.1)
Total operating expenses (73.0) (81.6)
Operating income 40.9 36.2
Other income, net 3.9 4.1
Interest expense, net (0.6) (1.5)
Income before income tax expense 44.2 38.8
Income tax expense (11.1) (10.1)
Net income $ 33.1 $ 28.7
Earnings per share:    
Basic $ 1.35 $ 1.17
Diluted $ 1.34 $ 1.17
Weighted average shares outstanding (in thousands):    
Basic 24,529 24,437
Diluted 24,742 24,594