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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operations        
Net sales $ 495.3 $ 394.6 $ 881.4 $ 700.4
Cost of sales 404.8 318.3 722.5 572.2
Gross profit 90.5 76.3 158.9 128.2
Operating costs and expenses:        
Engineering, selling and administrative expenses 62.1 58.4 122.5 119.8
Asset impairment expense 0.4   0.4  
Amortization of intangible assets 0.1 0.3 0.2 0.7
Restructuring expense 3.8 5.9 10.0 17.6
Other operating income - net   (0.2)    
Total operating costs and expenses 66.4 64.4 133.1 138.1
Operating income (loss) 24.1 11.9 25.8 (9.9)
Other income (expense):        
Interest expense (9.4) (9.7) (19.4) (19.8)
Amortization of deferred financing fees (0.4) (0.4) (0.9) (0.9)
Other income (expense) - net (5.6) 1.2 (2.9) (0.9)
Total other expense (15.4) (8.9) (23.2) (21.6)
Income (loss) from continuing operations before taxes 8.7 3.0 2.6 (31.5)
Provision (benefit) for taxes on income (1.2) 2.3 2.7 3.8
Income (loss) from continuing operations 9.9 0.7 (0.1) (35.3)
Discontinued operations:        
Loss from discontinued operations, net of income taxes of $0.0, $0.0, $0.0 and $0.0, respectively (0.2) (0.2) (0.2) (0.2)
Net income (loss) $ 9.7 $ 0.5 $ (0.3) $ (35.5)
Basic income (loss) per common share:        
Income (loss) from continuing operations $ 0.28 $ 0.02   $ (1.01)
Loss from discontinued operations, net of income taxes (0.01) (0.01) $ (0.01)  
Basic income (loss) per common share 0.27 0.01 (0.01) (1.01)
Diluted income (loss) per common share:        
Income (loss) from continuing operations 0.27 0.02   (1.01)
Loss from discontinued operations, net of income taxes   (0.01) (0.01)  
Diluted income (loss) per common share $ 0.27 $ 0.01 $ (0.01) $ (1.01)
Weighted average shares outstanding - basic 35,530,356 35,109,426 35,449,298 35,065,173
Weighted average shares outstanding - diluted 36,064,108 35,654,672 35,449,298 35,065,173