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Joint-Venture Investments (Tables)
3 Months Ended
Mar. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
Summarized below is the financial information for the Company’s joint-venture, Pelikan Artline Pty Limited, in which we own a 50% interest and which is accounted for under the equity method. Accordingly, we record our proportionate share of earnings or losses on the line entitled "Equity in earnings of joint ventures" in the "Consolidated Statements of Operations." Our share of the net assets of the joint venture is included within "Other non-current assets" in the "Condensed Consolidated Balance Sheets." On March 21, 2016, the Company announced that it had signed a definitive agreement to acquire the remaining 50% of Pelikan Artline Pty Limited. The closing of the transaction is subject to customary closing conditions, including the receipt of certain consents and is currently expected to occur in the second quarter of 2016.

 
Three Months Ended March 31,
(in millions of dollars)
2016
 
2015
Net sales
$
26.0

 
$
24.1

Gross profit
9.8

 
9.9

Net income
2.5

 
2.9


(in millions of dollars)
March 31,
2016
 
December 31,
2015
Current assets
$
76.3

 
$
76.6

Non-current assets
45.8

 
43.6

Current liabilities
33.6

 
37.5

Non-current liabilities
13.0

 
13.1