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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Net sales $ 339.6 $ 372.3
Cost of goods sold (238.8) (258.4)
Gross profit 100.8 113.9
Operating expenses:    
Selling, general and administrative (63.6) (64.4)
Research and development (9.0) (8.6)
Total operating expenses (72.6) (73.0)
Operating income 28.2 40.9
Other income, net 3.0 3.9
Interest expense, net (0.4) (0.6)
Income before income tax expense 30.8 44.2
Income tax expense (7.4) (11.1)
Net income $ 23.4 $ 33.1
Earnings per share:    
Basic $ 0.95 $ 1.35
Diluted $ 0.94 $ 1.34
Weighted average shares outstanding (in thousands):    
Basic 24,601 24,529
Diluted 24,840 24,742