Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2014

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, 2014		December 31, 2013
	(In millions)
Finished goods	$	146.0	$	124.1
Work in process	19.8		36.0
Raw materials and supplies	72.6		61.3
Inventories, net	$	238.4	$	221.4
Other inventory items
Inventory reserves	$	29.9	$	28.4
Consigned Inventory	$	7.8	$	6.6

Property, Plant and Equipment

The following table summarizes property, plant and equipment at December 31, 2014 and December 31, 2013:

	December 31, 2014		December 31, 2013
Property, plant and equipment:
Land and land improvements	$	7.1	$	6.5
Buildings	68.4		58.2
Machinery and equipment	293.5		261.5
Total property, plant and equipment	369.0		326.2
Less accumulated depreciation	227.9		210.8
Net property, plant and equipment	$	141.1	$	115.4

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,
	2014	2013	2012
	(In whole shares)
Weighted average basic shares outstanding	12,097,018	11,936,772	11,920,593
Plus dilutive impact of employee stock awards	279,058	295,393	195,836
Weighted average diluted shares outstanding	12,376,076	12,232,165	12,116,429