Employee Incentive Plans (Tables)

3 Months Ended

Mar. 31, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Compensation expense relating to short term incentive plans

Total costs relating to STI Plans were recorded as follows, for each period presented:

	Quarter Ended
	March 31,
	2013		2012
Cost of products sold, excluding depreciation and amortization and other items	$	1.1	$	1.2
Selling, administrative, research and development, and general	3.0		2.7
Total costs recorded in connection with STI Plans	$	4.1	$	3.9

The following table presents the allocation of the charges detailed above, by segment:

	Quarter Ended
	March 31,
	2013		2012
Fabricated Products	$	2.9	$	2.7
All Other	1.2		1.2
Total costs recorded in connection with STI Plans	$	4.1	$	3.9

Non-cash compensation expense

Recorded non-cash compensation expense by type of award under LTI Programs were as follows, for each period presented:

	Quarter Ended
	March 31,
	2013		2012
Service-based non-vested common shares and restricted stock units	$	1.7	$	1.7
Performance shares	0.9		0.8
Total non-cash compensation expense	$	2.6	$	2.5

The following table presents the allocation of the charges detailed above, by segment:

	Quarter Ended
	March 31,
	2013		2012
Fabricated Products	$	0.6	$	0.7
All Other	2.0		1.8
Total non-cash compensation expense	$	2.6	$	2.5

Unrecognized gross compensation cost data

The following table presents unrecognized gross compensation cost data as of March 31, 2013:

	Unrecognized gross compensation costs, by award type		Expected period (in years) over which the remaining gross compensation costs will be recognized, by award type
Service-based non-vested common shares and restricted stock units	$	5.2	2.0
Performance shares	$	9.3	2.5

Summary of activity of non-vested common shares, restricted stock units, and performance shares

A summary of the activity with respect to non-vested common shares, restricted stock units and performance shares for the quarter ended March 31, 2013 is as follows:

	Non-Vested Common Shares				Restricted Stock Units				Performance Shares
	Shares		Weighted-Average Grant-Date Fair Value per Share		Units		Weighted-Average Grant-Date Fair Value per Unit		Shares		Weighted-Average Grant-Date Fair Value per Share
Outstanding at December 31, 2012	158,684		$	42.47	5,183		$	43.99	583,950		$	41.78
Granted	57,190		57.54		2,333		57.54		167,312		57.54
Vested	(65,646	)	40.29		(2,311	)	42.74		(32,312	)	34.13
Forfeited	—		—		—		—		—		—
Canceled	—		—		—		—		(157,876	)	34.13
Outstanding at March 31, 2013	150,228		$	49.16	5,205		$	50.62	561,074		$	49.08

A summary of select activity with respect to non-vested common shares, restricted stock units and performance shares for the quarter ended March 31, 2012 is as follows:

	Non-Vested Common Shares				Restricted Stock Units				Performance Shares
	Shares		Weighted-Average Grant-Date Fair Value per Share		Units		Weighted-Average Grant-Date Fair Value per Unit		Shares		Weighted-Average Grant-Date Fair Value per Share
Granted	72,859		$	44.46	2,486		$	44.46	211,900		$	44.46
Vested	(119,413	)	$	21.09	(3,375	)	$	25.77	(7,952	)	$	18.89