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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net sales $ 377.3 $ 343.3 $ 752.0 $ 661.1
Cost of sales 316.9 282.3 633.2 544.1
Gross profit 60.4 61.0 118.8 117.0
Selling, general and administrative expenses 34.8 34.9 68.9 68.7
Operating income 25.6 26.1 49.9 48.3
Interest expense 6.9 6.6 13.7 12.9
Income before income taxes 18.7 19.5 36.2 35.4
Income tax expense 6.1 6.6 12.5 12.2
Net income 12.6 12.9 23.7 23.2
Net income attributable to noncontrolling interest (0.2) (0.5) (0.5) (0.7)
Net income attributable to ParkOhio common shareholders $ 12.4 $ 12.4 $ 23.2 $ 22.5
Earnings per common share attributable to ParkOhio common shareholders:        
Basic (in dollars per share) $ 1.02 $ 1.02 $ 1.90 $ 1.86
Diluted (in dollars per share) $ 1.00 $ 1.00 $ 1.87 $ 1.81
Weighted-average shares used to compute earnings per share:        
Basic (in shares) 12,230,100 12,086,973 12,198,169 12,055,678
Diluted (in shares) 12,427,395 12,372,189 12,428,490 12,355,421
Dividend per common share (in dollars per share) $ 0.125 $ 0.125 $ 0.250 $ 0.125