XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]        
Net sales $ 556.5 $ 487.8 $ 1,128.9 $ 967.5
Cost of sales 449.5 402.1 930.2 796.2
Gross profit 107.0 85.7 198.7 171.3
Selling, general and administrative expenses 51.6 44.3 98.3 87.7
Operating income 55.4 41.4 100.4 83.6
Interest expense (7.0) (7.3) (13.2) (14.5)
Other expense, net (3.2) (0.4) (1.7) (0.2)
Income before income taxes 45.2 33.7 85.5 68.9
Income tax expense (benefit) 9.7 (58.4) 18.5 (46.6)
Net income $ 35.5 $ 92.1 $ 67.0 $ 115.5
EARNINGS PER COMMON SHARE:        
Basic (in dollars per share) $ 0.73 $ 1.93 $ 1.39 $ 2.43
Diluted (in dollars per share) $ 0.73 $ 1.92 $ 1.38 $ 2.41
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 47.7 47.2 47.7 47.1
Diluted (in shares) 48.0 47.6 48.1 47.5
Cash dividends per common share (in dollars per share) $ 0.20 $ 0.18 $ 0.40 $ 0.36