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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Revenue $ 328.8 $ 254.6 $ 595.9 $ 479.6
Operating expenses:        
Cost of sales 233.0 180.4 423.3 340.9
Selling, general and administrative expense 58.0 46.6 111.9 94.0
Research and development expense 5.9 4.3 11.4 8.0
Restructuring expense 1.9 0.0 9.1 0.0
Other expense (income), net 0.1 0.1 0.6 (0.2)
Operating income 29.9 23.2 39.6 36.9
Interest income 0.3 0.2 0.7 0.5
Interest expense (2.5) (2.2) (4.9) (4.3)
Income from continuing operations before income taxes 27.7 21.2 35.4 33.1
Provision for income taxes 8.9 6.8 11.4 10.7
Income from continuing operations 18.8 14.4 24.0 22.4
Loss from discontinued operations, net 0.0 0.0 (0.1) 0.0
Net income $ 18.8 $ 14.4 $ 23.9 $ 22.4
Basic earnings per share:        
Income from continuing operations (in dollars per share) $ 0.64 $ 0.49 $ 0.81 $ 0.76
Loss from discontinued operations (in dollars per share) 0.00 0.00 0.00 0.00
Net income (in dollars per share) 0.64 0.49 0.81 0.76
Diluted earnings per share:        
Income from continuing operations (in dollars per share) 0.63 0.48 0.80 0.75
Loss from discontinued operations (in dollars per share) 0.00 0.00 0.00 0.00
Net income (in dollars per share) 0.63 0.48 0.80 0.75
Cash dividends declared per share (in dollars per share) $ 0.1 $ 0.09 $ 0.2 $ 0.18