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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
Accounting Policies [Abstract]  
Major Classes of Inventories
Inventories are stated at the lower of first-in, first-out (“FIFO”) cost or market value.  
Major Classes of Inventories
December 31, 2013
 
December 31, 2012
 
(In millions)
Finished goods
$
114.7

 
$
113.0

Work in process
30.3

 
27.9

Raw materials and supplies
76.4

 
74.7

Inventories, net
$
221.4

 
$
215.6

 
 
 
 
Other inventory items
 
 
 
Inventory reserves
$
28.4

 
$
27.2

Consigned Inventory
$
6.6

 
$
6.6

Property, Plant and Equipment
The following table summarizes property, plant and equipment at December 31, 2013 and December 31, 2012:
 
December 31,
2013
 
December 31,
2012
Property, plant and equipment:
 
 
 
Land and land improvements
$
6.5

 
$
5.7

Buildings
58.2

 
55.8

Machinery and equipment
261.5

 
245.2

Total property, plant and equipment
326.2

 
306.7

Less accumulated depreciation
210.8

 
206.7

Net property, plant and equipment
$
115.4

 
$
100.0

Weighted-Average Number of Shares Used in Computing Earnings Per Share
The following table sets forth the weighted-average number of shares used in the computation of earnings per share:
 
Year Ended December 31,
 
2013
 
2012
 
2011
 
(In whole shares)
Weighted average basic shares outstanding
11,936,772

 
11,920,593

 
11,579,819

Plus dilutive impact of employee stock options
295,393

 
195,836

 
419,042

Weighted average diluted shares outstanding
12,232,165

 
12,116,429

 
11,998,861