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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2018
Jun. 30, 2018
Sep. 30, 2017
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]                
Net sales $ 414.3   $ 352.2       $ 1,252.2 $ 1,046.9
Cost of sales 348.4   295.5       1,048.1 875.4
Gross profit 65.9   56.7       204.1 171.5
Selling, general and administrative expenses 41.1   37.7       131.9 112.5
Gain on sale of assets 0.0   0.0       (1.9) 0.0
Litigation settlement gain 0.0   0.0       0.0 (3.3)
Operating income 24.8   19.0       74.1 62.3
Other components of pension income and other postretirement benefits expense, net 2.0   1.7       6.4 4.7
Interest expense, net (8.9)   (7.8)       (26.1) (23.1)
Loss on extinguishment of debt 0.0   0.0       0.0 (11.0)
Income before income taxes 17.9   12.9       54.4 32.9
Income tax expense (3.2)   (2.7)       (14.5) (9.4)
Net income 14.7   10.2       39.9 23.5
Net income attributable to noncontrolling interests (0.5)   (0.2)       (1.1) (0.7)
Net income attributable to Park-Ohio Holdings Corp. common shareholders $ 14.2   $ 10.0       $ 38.8 $ 22.8
Earnings per common share attributable to Park-Ohio Holdings Corp. common shareholders:                
Basic (in dollars per share) $ 1.15   $ 0.82       $ 3.15 $ 1.87
Diluted (in dollars per share) $ 1.14   $ 0.80       $ 3.09 $ 1.83
Weighted-average shares used to compute earnings per share:                
Basic (in shares) 12.3   12.2       12.3 12.2
Diluted (in shares) 12.5   12.4       12.5 12.4
Dividends per common share (in dollars per share)   $ 0.125   $ 0.125 $ 0.375 $ 0.375