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Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net sales $ 1,948.8 $ 1,557.1 $ 1,510.4
Cost of products sold 1,292.4 1,042.0 1,032.0
Gross profit 656.4 515.1 478.4
Operating costs and expenses:      
Selling, general and administrative expenses 406.1 320.8 295.7
Amortization of intangibles 35.6 21.6 19.6
Restructuring charges (credits) 21.7 5.4 (0.4)
Total operating costs and expenses 463.4 347.8 314.9
Operating income [1] 193.0 167.3 163.5
Non-operating expense (income):      
Interest expense 41.1 49.3 44.5
Interest income (5.8) (6.4) (6.6)
Equity in earnings of joint-venture 0.0 (2.1) (7.9)
Other (income) expense, net (0.4) 1.4 2.1
Income before income tax 158.1 125.1 131.4
Income tax expense 26.4 29.6 45.5
Net income $ 131.7 $ 95.5 $ 85.9
Basic income per share:      
Basic income per share $ 1.22 $ 0.89 $ 0.79
Diluted income per share:      
Diluted income per share $ 1.19 $ 0.87 $ 0.78
Weighted average number of shares outstanding:      
Basic 108.1 107.0 108.8
Diluted 110.9 109.2 110.6
[1] Operating income as presented in the segment table above is defined as i) net sales; ii) less cost of products sold; iii) less advertising, selling, general and administrative expenses; iv) less amortization of intangibles; and v) less restructuring charges.