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Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income    
Net sales $ 857.3 $ 794.0
Cost of goods sold 609.6 548.6
Selling and administrative expenses 139.7 124.1
Research and development expenses 12.8 11.3
Other income, net (1.5) (0.6)
Earnings before interest and income taxes 96.7 110.6
Interest expense, net 6.6 8.4
Earnings before income taxes from continuing operations 90.1 102.2
Income tax expense 28.6 33.7
Income from continuing operations 61.5 68.5
Discontinued operations:    
Income before income taxes 0.5 0.0
Income tax expense 0.2 0.0
Income from discontinued operations 0.3 0.0
Net income $ 61.8 $ 68.5
Basic earnings per share attributable to common shares:    
(Loss) income from continuing operations (in dollars per share) $ 0.95 $ 1.06
Loss from discontinued operations (in dollars per share) 0.00 0.00
Basic (loss) earnings per share (in dollars per share) 0.95 1.06
Diluted earnings per share attributable to common shares:    
(Loss) income from continuing operations (in dollars per share) 0.94 1.05
Loss from discontinued operations (in dollars per share) 0.00 0.00
Diluted (loss) earnings per share (in dollars per share) $ 0.94 $ 1.05
Average shares outstanding (in thousands):    
Basic (in shares) 64,353 64,018
Diluted (in shares) 64,848 64,876
Dividends declared and paid $ 22.7 $ 19.5
Dividends declared and paid per share (in dollars per share) $ 0.35 $ 0.30
Comprehensive Income    
Net (loss) income $ 61.8 $ 68.5
Other comprehensive income (loss):    
Foreign currency translation 11.4 10.2
Accrued post-retirement benefit liability, net of tax 0.4 0.4
Other, net of tax (0.1) (0.2)
Other comprehensive income 11.7 10.4
Comprehensive income $ 73.5 $ 78.9