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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Net sales $ 1,034.9 $ 979.9 $ 941.5
Cost of products sold 851.5 779.7 724.2
Gross profit 183.4 200.2 217.3
Selling, general and administrative expenses 95.9 95.3 90.0
Impairment loss (Note 14) 31.1 0.0 0.0
Restructuring, integration and other costs 2.1 1.3 7.0
Pension settlement charge, net of plan payments (Note 8) 1.8 0.6 0.8
Acquisition-related adjustments (Note 4) (3.9) 0.0 0.0
Insurance settlement (0.4) (3.2) 0.0
Other expense — net 2.7 1.9 5.4
Operating income 54.1 104.3 114.1
Interest expense 13.0 12.7 11.2
Interest income 0.0 (0.1) (0.1)
Income from continuing operations before income taxes 41.1 91.7 103.0
Provision for income taxes 3.9 11.4 29.6
Income from continuing operations 37.2 80.3 73.4
Loss from discontinued operations, net of taxes (Note 13) (0.8) 0.0 (0.4)
Net income $ 36.4 $ 80.3 $ 73.0
Basic      
Continuing operations (in dollars per share) $ 2.20 $ 4.74 $ 4.33
Discontinued operations (in dollars per share) (0.05) 0.00 (0.02)
Basic (in dollars per share) 2.15 4.74 4.31
Diluted      
Continuing operations (in dollars per share) 2.17 4.68 4.26
Discontinued operations (in dollars per share) (0.05) 0.00 (0.02)
Diluted (in dollars per share) $ 2.12 $ 4.68 $ 4.24
Weighted Average Common Shares Outstanding (in thousands)      
Basic (in shares) 16,850 16,805 16,773
Diluted (in shares) 16,968 17,052 17,087