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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales $ 1,172.7 $ 1,514.1 $ 1,585.9
Costs and expenses:      
Cost of products sold, excluding depreciation and amortization and other items 941.3 1,215.2 1,300.7
Depreciation and amortization 52.2 49.1 43.9
Selling, general, administrative, research and development 91.2 98.0 96.3
Goodwill impairment 0.0 25.2  
Restructuring costs 7.5    
Other operating (income) charges, net (0.6) 0.9 1.4
Total costs and expenses 1,091.6 1,388.4 1,442.3
Operating income 81.1 125.7 143.6
Other expense:      
Interest expense (40.9) (24.6) (22.7)
Other expense, net – Note 13 (1.4) (20.7) (0.9)
Income before income taxes 38.8 80.4 120.0
Income tax provision (10.0) (18.4) (28.3)
Net income $ 28.8 $ 62.0 $ 91.7
Net income per common share:      
Basic $ 1.82 $ 3.88 $ 5.53
Diluted $ 1.81 $ 3.83 $ 5.43
Weighted-average number of common shares outstanding (in thousands):      
Basic 15,802 15,997 16,585
Diluted 15,913 16,203 16,874