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Statements of Consolidated Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]                      
Net sales $ 353.1 $ 332.8 $ 356.3 $ 355.3 $ 331.9 $ 320.6 $ 334.9 $ 343.2 $ 1,397.5 $ 1,330.6 $ 1,391.9
Cost of products sold:                      
Cost of products sold, excluding depreciation and amortization and other items 282.6 267.2 277.7 277.8 252.4 254.7 250.4 262.0 1,105.3 1,019.5 1,115.4
Lower of cost or market inventory write-down         0.0 0.0 0.0 4.9 0.0 4.9 2.6
Unrealized (gain) loss on derivative instruments (5.4) (10.8) 11.9 (15.1) (1.8) (2.0) (10.9) (4.0) (19.4) (18.7) 3.4
Depreciation and amortization                 39.7 36.0 32.4
Selling, general, administrative, research and development                 97.5 105.0 88.1
Net periodic postretirement benefit cost relating to Salaried VEBA                 4.5 3.4 2.4
(Gain) loss on removal of Union VEBA net assets – Note 4                 0.0 (0.1) 493.4
Total selling, general, administrative, research and development                 102.0 108.3 583.9
Goodwill impairment                 18.4 0.0 0.0
Other operating charges, net                 0.8 2.8 0.1
Total costs and expenses                 1,246.8 1,152.8 1,737.8
Operating income (loss) 40.0 39.8 11.4 59.5 45.3 29.8 57.9 44.8 150.7 177.8 (345.9)
Other (expense) income:                      
Interest expense                 (22.2) (20.3) (24.1)
Other income (expense), net – Note 11                 4.5 (10.3) (1.8)
Income (loss) before income taxes                 133.0 147.2 (371.8)
Income tax (provision) benefit                 (87.6) (55.5) 135.2
Net income (loss) $ (15.2) $ 19.9 $ 4.7 $ 36.0 $ 24.5 $ 14.9 $ 26.0 $ 26.3 $ 45.4 $ 91.7 $ (236.6)
Net income (loss) per common share:                      
Basic (in dollars per share) $ (0.90) $ 1.18 $ 0.28 $ 2.07 $ 1.39 $ 0.84 $ 1.45 $ 1.47 $ 2.67 $ 5.15 $ (13.76)
Diluted (in dollars per share) (0.90) 1.16 0.27 2.04 1.37 0.82 1.43 1.44 $ 2.63 $ 5.09 $ (13.76)
Weighted-average number of common shares outstanding (in thousands):                      
Basic (in shares)                 16,996 17,813 17,201
Diluted (in shares)                 17,259 18,033 17,201
Dividends declared per common share (in dollars per share) $ 0.50 $ 0.50 $ 0.50 $ 0.50 $ 0.45 $ 0.45 $ 0.45 $ 0.45 $ 2 $ 1.8 $ 1.6