Unaudited Quarterly Data (Tables)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Schedule of unaudited quarterly data

	2018 Quarters
	First (a)		Second (b)			Third (c)		Fourth (d)		Year
Net Sales	$	266.5	$	271.3		$	256.2	$	240.9	$	1,034.9
Gross Profit	52.4		55.1			41.3		34.6		183.4
Operating Income (Loss)	24.1		(4.3		)	16.5		17.8		54.1
Income (Loss) From Continuing Operations	16.2		(4.8		)	12.9		12.9		37.2
Earnings (Loss) Per Common Share From Continuing Operations:
Basic	$	0.96	$	(0.29	)	$	0.76	$	0.77	$	2.20
Diluted	$	0.95	$	(0.29	)	$	0.75	$	0.76	$	2.17

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(a) Income from continuing operations includes an unfavorable prior year tax adjustment of $0.9 million related to one-time taxes on foreign earnings under the Tax Act and an after-tax SERP settlement charge of $0.6 million.

(b) Operating loss includes an impairment loss of $32.0 million, pension settlement charges of $1.0 million and integration and restructuring charges of $0.3 million.

(c) Operating income includes a favorable acquisition-related adjustment of $3.1 million, a favorable insurance settlement of $0.4 million, and unfavorable adjustments to the impairment loss of $2.0 million and $2.2 million of integration and restructuring charges.

(d) Operating income includes favorable adjustments to the impairment loss of $2.9 million and $0.4 million to integration and restructuring costs and a favorable acquisition-related adjustment of $0.8 million. Income from continuing operations includes a favorable tax adjustment related to a Netherlands tax rate change of $0.7 million.

	2017 Quarters
	First		Second (e)		Third (f)		Fourth (g)		Year
Net Sales	$	242.1	$	248.7	$	245.1	$	244.0	$	979.9
Gross Profit	52.7		54.1		48.4		45.0		200.2
Operating Income	27.0		29.2		29.0		19.1		104.3
Income From Continuing Operations	17.6		25.0		18.8		18.9		80.3
Earnings Per Common Share From Continuing Operations:
Basic	$	1.04	$	1.47	$	1.11	$	1.11	$	4.74
Diluted	$	1.03	$	1.46	$	1.10	$	1.10	$	4.68

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(e) Income from continuing operations includes a prior year tax adjustment of $4.1 million related to the Company's assertion of indefinite reinvestment of undistributed earnings of foreign subsidiaries.

(f) Operating income includes proceeds of a representations and warranties insurance settlement related to the FiberMark acquisition of $3.2 million, less acquisition costs of $0.9 million.

(g) Includes acquisition/integration costs of $0.4 million and pension/SERP settlement charges of $0.6 million. Also, income from continuing operations includes net tax benefits of $5.9 million, primarily from the Tax Act.