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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net sales $ 182.9 $ 168.6 $ 355.6 $ 335.9
Cost of products sold 149.4 136.4 288.9 271.4
Gross profit 33.5 32.2 66.7 64.5
Selling, general and administrative expenses 18.0 18.7 35.0 35.0
Loss on retirement of bonds     2.4  
Other income - net (0.2) (0.2) (1.2) (0.6)
Operating income 15.7 13.7 30.5 30.1
Interest expense - net 3.7 5.0 8.2 10.7
Income from continuing operations before income taxes 12.0 8.7 22.3 19.4
Provision for income taxes 4.2 2.4 7.5 5.8
Income from continuing operations 7.8 6.3 14.8 13.6
Income (loss) from discontinued operations, net of income taxes (Note 4)     (0.1) 134.6
Net income $ 7.8 $ 6.3 $ 14.7 $ 148.2
Basic        
Continuing operations (in dollars per share) $ 0.52 $ 0.43 $ 0.98 $ 0.92
Discontinued operations (in dollars per share)     $ (0.01) $ 9.11
Total Basic (in dollars per share) $ 0.52 $ 0.43 $ 0.97 $ 10.03
Diluted        
Continuing operations (in dollars per share) $ 0.49 $ 0.41 $ 0.94 $ 0.88
Discontinued operations (in dollars per share)     $ (0.01) $ 8.73
Total Diluted (in dollars per share) $ 0.49 $ 0.41 $ 0.93 $ 9.61
Weighted Average Common Shares Outstanding (in thousands)        
Basic (in shares) 14,943 14,735 14,899 14,715
Diluted (in shares) 15,651 15,527 15,597 15,367
Cash Dividends Declared Per Share of Common Stock (in dollars per share) $ 0.11 $ 0.10 $ 0.22 $ 0.20