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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Net sales $ 351.9 $ 334.9 $ 998.1 $ 936.6
Cost of goods sold 241.0 225.2 676.8 651.1
Gross profit 110.9 109.7 321.3 285.5
Selling, general and administrative expenses 55.8 55.7 162.8 165.2
Separation costs   2.0   33.0
Equity earnings from joint venture (13.9) (19.0) (51.9) (57.0)
Operating income 69.0 71.0 210.4 144.3
Interest expense 9.1 9.0 27.5 43.4
Other non-operating expense 1.7   3.6  
Other non-operating (income) (3.0) (1.6) (7.4) (8.9)
Earnings from continuing operations before income taxes 61.2 63.6 186.7 109.8
Income tax expense 17.7 7.7 70.9 44.4
Earnings from continuing operations 43.5 55.9 115.8 65.4
Net (loss) from discontinued operations, net of tax expense of $ -, $-, $- and $ 0.1       (4.5)
Gain from disposal of discontinued business, net of tax (benefit) of ($5.9), ($14.7), ($5.4) and ($16.6) 5.9 14.7 5.3 16.7
Net gain from discontinued operations 5.9 14.7 5.3 12.2
Net earnings 49.4 70.6 121.1 77.6
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments 7.0 (2.0) 20.9 (13.8)
Derivative (loss) gain (0.3) 1.7 (2.0) 1.2
Pension and postretirement adjustments 14.3 6.9 18.8 23.9
Total other comprehensive income 21.0 6.6 37.7 11.3
Total comprehensive income $ 70.4 $ 77.2 $ 158.8 $ 88.9
Earnings per share of common stock, continuing operations:        
Basic $ 0.82 $ 1.00 $ 2.16 $ 1.17
Diluted 0.81 0.99 2.14 1.16
Earnings per share of common stock, discontinued operations:        
Basic 0.11 0.26 0.10 0.22
Diluted 0.11 0.26 0.10 0.22
Net earnings per share of common stock:        
Basic 0.93 1.27 2.26 1.39
Diluted $ 0.92 $ 1.26 $ 2.24 $ 1.38
Average number of common shares outstanding:        
Basic 53.0 55.5 53.5 55.6
Diluted 53.5 56.0 53.9 56.0