Employee Incentive Plans (Tables)

6 Months Ended

Jun. 30, 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				Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
Cost of products sold, excluding depreciation and amortization and other items	$	1.3	$	1.1	$	2.4	$	2.3
Selling, administrative, research and development, and general	3.5		2.1		6.5		4.8
Total costs recorded in connection with STI Plans	$	4.8	$	3.2	$	8.9	$	7.1

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

	Quarter Ended				Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
Fabricated Products	$	3.3	$	2.3	$	6.2	$	5.0
All Other	1.5		0.9		2.7		2.1
Total costs recorded in connection with STI Plans	$	4.8	$	3.2	$	8.9	$	7.1

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				Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
Service-based non-vested common shares and restricted stock units	$	0.8	$	0.7	$	2.5	$	2.4
Performance shares	1.1		0.4		2.0		1.2
Total non-cash compensation expense	$	1.9	$	1.1	$	4.5	$	3.6

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

	Quarter Ended				Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
Fabricated Products	$	0.6	$	0.4	$	1.2	$	1.1
All Other	1.3		0.7		3.3		2.5
Total non-cash compensation expense	$	1.9	$	1.1	$	4.5	$	3.6

Unrecognized gross compensation cost data

The following table presents unrecognized gross compensation cost data as of June 30, 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	$	5.4	1.8
Performance shares	$	8.6	2.2

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 six months ended June 30, 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	74,236		58.49		2,600		57.70		170,298		57.57
Vested	(81,161	)	41.67		(2,311	)	42.74		(32,312	)	34.13
Forfeited	—		—		—		—		—		—
Canceled	—		—		—		—		(157,876	)	34.13
Outstanding at June 30, 2013	151,759		$	50.74	5,472		$	51.03	564,060		$	49.13

A summary of select activity with respect to non-vested common shares, restricted stock units and performance shares for the six months ended June 30, 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	92,949		$	45.03	2,486		$	44.46	215,579		$	44.47
Vested	(132,913	)	$	24.02	(3,375	)	$	25.77	(7,952	)	$	18.89