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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales $ 1,295.2 $ 1,618.3 $ 1,658.1
Cost of sales 1,126.6 1,358.0 1,386.6
Gross profit 168.6 260.3 271.5
Selling, general and administrative expenses 152.9 177.2 176.1
Gain on sale of assets 0.0 0.0 (1.9)
Operating income 15.7 83.1 97.3
Other components of pension income and other postretirement benefits expense, net 7.3 5.6 8.8
Interest expense, net (30.3) (33.8) (34.3)
(Loss) income before income taxes (7.3) 54.9 71.8
Income tax benefit (expense) 2.5 (15.2) (16.6)
Net (loss) income (4.8) 39.7 55.2
Net loss (income) attributable to noncontrolling interest 0.3 (1.1) (1.6)
Net (loss) income attributable to ParkOhio common shareholders $ (4.5) $ 38.6 $ 53.6
(Loss) earnings per common share attributable to ParkOhio common shareholders:      
Basic (in dollars per share) $ (0.37) $ 3.16 $ 4.37
Diluted (in dollars per share) $ (0.37) $ 3.12 $ 4.28
Weighted-average shares used to compute (loss) earnings per share:      
Basic (in shares) 12,061,419 12,225,481 12,255,490
Diluted (in shares) 12,061,419 12,379,089 12,508,513