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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income    
Revenues $ 1,030.2 $ 1,071.9
Cost of goods sold 751.8 783.3
Selling and administrative expenses 161.9 164.2
Research and development expenses 14.4 14.4
Other operating income, net (0.6) (4.7)
Operating income 102.7 114.7
Interest expense, net 18.9 16.3
Loss on extinguishment of debt 8.8 0.0
Interest income 0.7 2.6
Other non-operating income, net (0.5) (0.4)
Income from continuing operations before income taxes 76.2 101.4
Provision for income taxes 14.4 24.0
Income from continuing operations 61.8 77.4
Discontinued operations:    
Income before income taxes 0.0 0.0
Benefit from income taxes 0.0 (2.0)
Income from discontinued operations 0.0 2.0
Net income $ 61.8 $ 79.4
Basic earnings per share attributable to common shares:    
Income from continuing operations (in dollars per share) $ 1.10 $ 1.34
Income from discontinued operations (in dollars per share) 0 0.03
Basic earnings per share (in dollars per share) 1.10 1.37
Diluted earnings per share attributable to common shares:    
Income from continuing operations (in dollars per share) 1.09 1.33
Income from discontinued operations (in dollars per share) 0 0.03
Diluted earnings per share (in dollars per share) $ 1.09 $ 1.36
Average shares outstanding:    
Basic (in shares) 55,800 57,500
Diluted (in shares) 56,500 57,900
Comprehensive income:    
Net income $ 61.8 $ 79.4
Other comprehensive (loss) income:    
Foreign currency (losses) gains (28.3) 3.9
Amortization of unrecognized net periodic benefit costs, net of tax 1.0 0.7
Other, net of tax (18.2) 1.6
Other comprehensive (loss) income (45.5) 6.2
Comprehensive income $ 16.3 $ 85.6