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STATEMENTS OF CONSOLIDATED INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Net sales $ 807.6 $ 948.8
Costs and expenses:    
Cost of products sold, excluding depreciation and amortization 731.1 865.9
Depreciation and amortization 26.3 27.5
Selling, general, administrative, research and development 29.7 30.2
Restructuring costs 1.4  
Total costs and expenses 788.5 923.6
Operating income 19.1 25.2
Other (expense) income:    
Interest expense (11.9) (12.2)
Other income (expense), net - Note 9 13.6 (1.6)
Income before income taxes 20.8 11.4
Income tax provision (4.9) (3.3)
Net income $ 15.9 $ 8.1
Net income per common share:    
Basic $ 1.00 $ 0.51
Diluted $ 0.99 $ 0.51
Weighted-average number of common shares outstanding (in thousands):    
Basic 15,940 15,866
Diluted 16,096 16,038