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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]        
Net sales $ 443.8 $ 548.4 $ 899.4 $ 1,098.2
Cost of sales 377.5 463.4 764.5 944.1
Gross profit 66.3 85.0 134.9 154.1
Selling, general and administrative expenses 44.5 40.0 87.8 86.9
Restructuring charges 0.0 0.0 0.4 0.0
Operating income 21.8 45.0 46.7 67.2
Interest expense (7.0) (6.8) (13.6) (13.8)
Other income (expense), net 0.3 0.0 (1.9) 4.8
Income before income taxes 15.1 38.2 31.2 58.2
Income tax expense 3.6 14.1 10.8 20.6
Net income $ 11.5 $ 24.1 $ 20.4 $ 37.6
EARNINGS PER COMMON SHARE:        
Basic (in dollars per share) $ 0.23 $ 0.45 $ 0.41 $ 0.70
Diluted (in dollars per share) $ 0.23 $ 0.45 $ 0.41 $ 0.70
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 48.8 53.4 49.3 53.5
Diluted (in shares) 48.9 53.6 49.4 53.7
Cash dividends per common share (in dollars per share) $ 0.18 $ 0.18 $ 0.36 $ 0.36