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STATEMENTS OF CONSOLIDATED INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Net sales $ 324.0 $ 369.3
Costs and expenses:    
Cost of products sold, excluding depreciation and amortization and other items 262.5 286.6
Depreciation and amortization 13.5 13.2
Selling, general, administrative, research and development 31.8 23.9
Restructuring benefit (0.7)  
Total costs and expenses 307.1 323.7
Operating income 16.9 45.6
Other expense:    
Interest expense (12.3) (6.1)
Other expense, net – Note 11 (0.4) (0.8)
Income before income taxes 4.2 38.7
Income tax benefit (provision) 0.3 (9.6)
Net income $ 4.5 $ 29.1
Net income per common share:    
Basic $ 0.28 $ 1.83
Diluted $ 0.28 $ 1.81
Weighted-average number of common shares outstanding (in thousands):    
Basic 15,805 15,838
Diluted 15,987 16,008