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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net sales $ 448.0 $ 450.1 $ 1,370.7 $ 1,331.5
Cost of sales 359.6 370.1 1,106.9 1,092.6
Gross profit 88.4 80.0 263.8 238.9
Operating costs and expenses:        
Engineering, selling and administrative expenses 54.8 62.1 164.7 184.6
Asset impairment expense       0.4
Amortization of intangible assets 0.0 0.0 0.2 0.2
Restructuring expense 1.1 1.0 8.3 11.0
Total operating costs and expenses 55.9 63.1 173.2 196.2
Operating income 32.5 16.9 90.6 42.7
Other income (expense):        
Interest expense (7.2) (9.9) (25.6) (29.3)
Amortization of deferred financing fees (0.4) (0.5) (1.2) (1.4)
Loss on debt extinguishment     (25.0)  
Other income (expense) - net (3.7) (5.7) 8.8 (8.6)
Total other expense (11.3) (16.1) (43.0) (39.3)
Income from continuing operations before income taxes 21.2 0.8 47.6 3.4
Provision (benefit) for income taxes 3.1 (10.7) 10.3 (8.0)
Income from continuing operations 18.1 11.5 37.3 11.4
Discontinued operations:        
Loss from discontinued operations, net of income taxes of $0.0, $0.0, $0.0 and $0.0, respectively       (0.2)
Net income $ 18.1 $ 11.5 $ 37.3 $ 11.2
Basic income (loss) per common share:        
Income from continuing operations $ 0.51 $ 0.32 $ 1.05 $ 0.33
Loss from discontinued operations, net of income taxes       (0.01)
Basic income per common share 0.51 0.32 1.05 0.32
Diluted income (loss) per common share:        
Income from continuing operations 0.51 0.32 1.05 0.32
Loss from discontinued operations, net of income taxes       (0.01)
Diluted income per common share $ 0.51 $ 0.32 $ 1.05 $ 0.31
Weighted average shares outstanding - basic 35,348,597 35,564,946 35,527,971 35,488,271
Weighted average shares outstanding - diluted 35,458,956 35,928,327 35,686,831 35,935,093