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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Net sales $ 472.1 $ 434.2
Cost of sales 300.4 281.2
Gross profit 171.7 153.0
Operating expenses:    
Selling, general and administrative expenses 89.8 87.1
Impairment of goodwill and intangible asset   147.5
Research and development expenses 15.9 14.8
Restructuring costs 0.9 1.6
Total operating expenses 106.6 251.0
Income from operations 65.1 (98.0)
Other non-operating income and expense:    
Interest expense, net 16.9 17.4
Other non-operating expense/(income), net (1.5) (1.5)
Total other non-operating (income) expense, net 15.4 15.9
Income/(Loss) before income taxes 49.7 (113.9)
Provision for income taxes 10.5 2.7
Net income/(loss) $ 39.2 $ (116.6)
Weighted average shares, basic 64.7 64.5
Weighted average shares, diluted 65.3 64.5
Net income/(loss) per share:    
Basic $ 0.61 $ (1.81)
Diluted 0.60 (1.81)
Cash dividend declared per share $ 0.06 $ 0.17