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Quarterly Information (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Information (Unaudited)
QUARTERLY INFORMATION (UNAUDITED)

(In millions, except per share data and common stock prices)
2015
 
2014
 
 
4th
Qtr.
 
3rd
Qtr.
 
2nd
Qtr.
 
1st
Qtr.
 
4th
Qtr.
 
3rd
Qtr.
 
2nd
Qtr.
 
1st
Qtr.
 
Revenue
$
354.4

 
$
273.3

 
$
254.6

 
$
225.0

 
$
295.4

 
$
243.2

 
$
247.6

 
$
198.0

 
Cost of sales
252.5

 
197.1

 
180.4

 
160.5

 
217.6

 
177.7

 
178.8

 
145.4

 
Income (loss) from continuing operations
20.9

 
12.7

 
14.4

 
8.0

 
15.1

 
9.0

 
11.4

 
(4.7
)
 
Income (loss) from discontinued operations, net of tax

 
(0.1
)
 

 

 
0.1

 

 

 
(0.1
)
 
Net income (loss)
$
20.9

 
$
12.6

 
$
14.4

 
$
8.0

 
$
15.2

 
$
9.0

 
$
11.4

 
$
(4.8
)
 
Basic earnings per share (1):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.71

 
$
0.43

 
$
0.49

 
$
0.27

 
$
0.51

 
$
0.30

 
$
0.39

 
$
(0.16
)
 
Loss from discontinued operations, net of tax

 

 

 

 
0.01

 

 

 

 
Net income (loss)
$
0.71

 
$
0.43

 
$
0.49

 
$
0.27

 
$
0.52

 
$
0.30

 
$
0.39

 
$
(0.16
)
 
Diluted earnings per share (1):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.70

 
$
0.43

 
$
0.48

 
$
0.27

 
$
0.51

 
$
0.30

 
$
0.38

 
$
(0.16
)
 
Income (loss) from discontinued operations, net of tax

 
(0.01
)
 

 

 

 

 

 

 
Net income (loss)
$
0.70

 
$
0.42

 
$
0.48

 
$
0.27

 
$
0.51

 
$
0.30

 
$
0.38

 
$
(0.16
)
 
Dividends declared per share
$
0.10

 
$
0.09

 
$
0.09

 
$
0.09

 
$
0.09

 
$
0.09

 
$
0.09

 
$
0.09

 
Weighted average shares outstanding
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
29.5

 
29.5

 
29.5

 
29.6

 
29.6

 
29.6

 
29.5

 
29.4

 
Diluted
29.8

 
29.8

 
29.8

 
29.8

 
29.9

 
29.9

 
29.8

 
29.4

 
Common stock sales price
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
High
$
51.34

 
$
38.92

 
$
39.25

 
$
35.84

 
$
33.99

 
$
31.53

 
$
31.74

 
$
32.83

 
Low
$
36.64

 
$
31.89

 
$
34.22

 
$
29.69

 
$
27.02

 
$
25.52

 
$
27.83

 
$
28.24

 


(1)
Basic and diluted earnings per share (EPS) are computed independently for each of the periods presented. Accordingly, the sum of the quarterly EPS amounts may not agree to the annual total.