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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales $ 253.4 $ 271.3 $ 493.1 $ 537.8
Cost of products sold 202.7 216.2 398.7 430.3
Gross profit 50.7 55.1 94.4 107.5
Selling, general and administrative expenses 26.9 25.2 52.2 52.0
Impairment loss (Note 12) 0.0 32.0 0.0 32.0
Restructuring and other non-routine costs (Note 13) 3.5 0.3 3.5 0.3
Pension settlement and other benefit costs (Note 7) 0.0 1.0 0.0 1.8
Other expense - net 0.5 0.9 1.5 1.6
Operating income (loss) 19.8 (4.3) 37.2 19.8
Interest expense - net 3.0 3.3 6.2 6.6
Income (loss) from continuing operations before income taxes 16.8 (7.6) 31.0 13.2
Provision (benefit) for income taxes 3.2 (2.8) 5.6 1.8
Net income (loss) $ 13.6 $ (4.8) $ 25.4 $ 11.4
Earnings (Loss) Per Common Share        
Basic (in dollars per share) $ 0.80 $ (0.29) $ 1.50 $ 0.67
Diluted (in dollars per share) $ 0.80 $ (0.29) $ 1.49 $ 0.66
Weighted Average Common Shares Outstanding (in thousands)        
Basic (in shares) 16,863 16,827 16,861 16,842
Diluted (in shares) 16,910 16,827 16,914 16,989
Cash dividends declared per share of common stock (in usd per share) $ 0.45 $ 0.41 $ 0.90 $ 0.82