Acquisitions (Tables)

12 Months Ended

Dec. 31, 2015

Business Combinations [Abstract]

Schedule of Preliminary Fair Values of the Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair values of the Latchways assets acquired and liabilities assumed at the date of acquisition:

(In millions)	October 21, 2015
Current assets (including cash of $10.6 million)	$	35.7
Property, plant and equipment	9.5
Trade name and acquired technology	14.6
Customer-related intangibles	53.0
Goodwill	98.0
Total assets acquired	210.8
Total liabilities assumed	19.9
Net assets acquired	$	190.9

Pro Forma Financial Information (Unaudited)

(In millions, except per share amounts)	2015		2014
Net sales	$	1,172	$	1,192
Income from continuing operations	77.8		94.8
Basic earnings per share from continuing operations	2.09		2.55
Diluted earnings per share from continuing operations	2.06		2.51