XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
STATEMENTS OF CONSOLIDATED INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 255.7 $ 374.9 $ 900.7 $ 1,145.4
Costs and expenses:        
Cost of products sold, excluding depreciation and amortization and other items 208.4 298.6 719.5 917.2
Depreciation and amortization 12.9 12.3 39.1 36.3
Selling, general, administrative, research and development 21.3 23.3 67.9 75.7
Restructuring costs 0.5   12.4  
Other operating charges (income), net 0.3   (0.8) 0.1
Total costs and expenses 243.4 334.2 838.1 1,029.3
Operating income 12.3 40.7 62.6 116.1
Other income (expense):        
Interest expense (12.1) (5.8) (28.7) (17.3)
Other expense, net – Note 10 (0.5) (0.8) (0.8) (0.4)
(Loss) income before income taxes (0.3) 34.1 33.1 98.4
Income tax benefit (provision) 0.7 (8.7) (10.2) (25.8)
Net income $ 0.4 $ 25.4 $ 22.9 $ 72.6
Net income per common share:        
Basic $ 0.02 $ 1.59 $ 1.45 $ 4.52
Diluted $ 0.02 $ 1.57 $ 1.44 $ 4.47
Weighted-average number of common shares outstanding (in thousands):        
Basic 15,794 15,956 15,804 16,042
Diluted 15,865 16,125 15,904 16,235