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Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Net sales $ 1,941.2 $ 1,948.8 $ 1,557.1
Cost of products sold 1,313.4 1,291.5 1,042.2
Gross profit 627.8 657.3 514.9
Operating costs and expenses:      
Selling, general and administrative expenses 392.4 415.5 328.8
Amortization of intangibles 36.7 35.6 21.6
Restructuring charges 11.7 21.7 5.4
Total operating costs and expenses 440.8 472.8 355.8
Operating income [1] 187.0 184.5 159.1
Non-operating expense (income):      
Interest expense 41.2 41.1 49.3
Interest income (4.4) (5.8) (6.4)
Equity in earnings of joint venture 0.0 0.0 (2.1)
Non-operating pension income (9.3) (8.5) (8.2)
Other expense (income), net 1.6 (0.4) 1.4
Income before income tax 157.9 158.1 125.1
Income tax expense 51.2 26.4 29.6
Net income $ 106.7 $ 131.7 $ 95.5
Basic income per share:      
Basic income per share $ 1.02 $ 1.22 $ 0.89
Diluted income per share:      
Diluted income per share $ 1.00 $ 1.19 $ 0.87
Weighted average number of shares outstanding:      
Basic 104.8 108.1 107.0
Diluted 107.0 110.9 109.2
[1] Operating income as presented in the segment table above is defined as i) net sales; ii) less cost of products sold; iii) less selling, general and administrative expenses; iv) less amortization of intangibles; and v) less restructuring charges.