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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows provided by operating activities:    
Net income $ 23.9 $ 22.4
Loss from discontinued operations, net 0.1 0.0
Income from continuing operations 24.0 22.4
Adjustments to reconcile income from continuing operations to cash provided by continuing operating activities:    
Depreciation and amortization 18.1 13.6
Stock-based compensation 4.5 3.3
Other 5.1 1.9
Changes in operating assets and liabilities:    
Trade receivables, net (18.0) 8.9
Inventories (44.4) (13.6)
Accounts payable, trade and other 3.0 8.9
Advance and progress payments 21.6 17.0
Other assets and liabilities, net (13.2) (22.6)
Cash provided by continuing operating activities 0.7 39.8
Cash required by discontinued operating activities (0.1) (0.1)
Cash provided by operating activities 0.6 39.7
Cash flows required by investing activities:    
Acquisitions, net of cash acquired (3.2) 0.0
Capital expenditures (20.9) (19.4)
Proceeds from disposal of assets 1.0 0.8
Proceeds from property available for sale 0.0 2.0
Cash required by investing activities (23.1) (16.6)
Cash flows provided (required) by financing activities:    
Net proceeds (payments) in short-term debt 5.4 (1.1)
Cash provided by refinancing of credit facility 0.0 183.7
Cash payments to settle existing credit facility 0.0 (183.7)
Net proceeds (payments) on credit facilities 25.7 (17.8)
Repayment of long-term debt (1.1) (0.7)
Excess tax benefits 1.5 1.8
Tax withholdings on stock-based compensation awards (2.6) (4.3)
Purchase of treasury stock (4.4) (4.1)
Dividends (6.0) (5.6)
Other 0.0 (0.1)
Cash provided (required) by financing activities 18.5 (31.9)
Effect of foreign exchange rate changes on cash and cash equivalents 1.9 (4.6)
Decrease in cash and cash equivalents (2.1) (13.4)
Cash and cash equivalents, beginning of period 37.2 33.3
Cash and cash equivalents, end of period $ 35.1 $ 19.9