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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data
Selected Quarterly Financial Data (Unaudited)
 
Quarter Ended
 
Mar. 31,
 
Jun. 30,
 
Sept. 30,
 
Dec. 31,
 
(Dollars in millions, except per share data)
2016
 
 
 
 
 
 
 
Net sales
$
328.0

 
$
329.4

 
$
312.7

 
$
306.8

Gross profit
47.8

 
54.3

 
54.3

 
46.6

Net income
2.7

 
9.0

 
13.8

 
6.7

Net income attributable to noncontrolling interest

 

 
(0.3
)
 
(0.2
)
Net income attributable to ParkOhio common shareholders
$
2.7

 
$
9.0

 
$
13.5

 
$
6.5

Earnings per common share attributable to ParkOhio common shareholders:
 
 
 
 
 
 
 
Basic
$
0.22

 
$
0.74

 
$
1.12

 
$
0.53

Diluted
$
0.22

 
$
0.73

 
$
1.10

 
$
0.53

Cash dividends per common share
$
0.125

 
$
0.125

 
$
0.125

 
$
0.125

2015
 
 
 
 
 
 
 
Net sales
$
374.7

 
$
377.3

 
$
364.4

 
$
347.4

Gross profit
58.4

 
60.4

 
62.3

 
54.1

Net income
11.1

 
12.6

 
13.2

 
11.8

Net income attributable to noncontrolling interest
(0.3
)
 
(0.2
)
 

 
(0.1
)
Net income attributable to ParkOhio common shareholders
$
10.8

 
$
12.4

 
$
13.2

 
$
11.7

Earnings per common share attributable to ParkOhio common shareholders:
 
 
 
 
 
 
 
Basic
$
0.89

 
$
1.02

 
$
1.07

 
$
0.96

Diluted
$
0.87

 
$
1.00

 
$
1.06

 
$
0.95

Cash dividends per common share
$
0.125

 
$
0.125

 
$
0.125

 
$
0.125