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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue:      
Product revenue $ 1,376.8 $ 1,133.1 $ 957.8
Service revenue 258.3 217.4 149.5
Total revenue 1,635.1 1,350.5 1,107.3
Operating expenses:      
Cost of products 961.1 803.8 676.2
Cost of services 203.3 166.0 114.2
Selling, general and administrative expense 294.4 236.7 207.0
Research and development expense 28.7 23.6 18.2
Restructuring expense 1.7 12.3 0.0
Other expense, net 0.1 4.7 2.7
Operating income: 145.8 103.4 89.0
Interest expense (13.6) (9.4) (6.8)
Income from continuing operations before income taxes 132.2 94.0 82.2
Provision for income taxes 50.1 26.0 26.2
Income from continuing operations 82.1 68.0 56.0
Loss from discontinued operations, net of income taxes 1.6 0.4 0.1
Net income $ 80.5 $ 67.6 $ 55.9
Basic earnings per share:      
Income from continuing operations (in Dollars per share) $ 2.61 $ 2.31 $ 1.90
Loss from discontinued operations (in Dollars per share) (0.05) (0.01) (0.01)
Net income (in Dollars per share) 2.56 2.30 1.89
Diluted earnings per share:      
Income from continuing operations (in Dollars per share) 2.58 2.28 1.88
Loss from discontinued operations (in Dollars per share) (0.05) (0.01) 0.00
Net income (in Dollars per share) 2.53 2.27 1.88
Dividends declared per share (in Dollars per share) $ 0.40 $ 0.40 $ 0.37
Weighted average shares outstanding:      
Basic (in Shares) 31.4 29.4 29.5
Diluted (in Shares) 31.9 29.8 29.8