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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 262.9 $ 272.0 $ 801.2 $ 814.4
Cost of sales 162.2 162.8 495.5 477.0
Gross profit 100.7 109.2 305.7 337.4
Selling and administrative expense 71.4 76.9 227.1 242.5
Research and development expense 7.9 8.4 23.5 24.1
Gain on sale of assets 0.0 0.0 (3.7) (9.8)
Operating income 21.4 23.9 58.8 80.6
Interest expense, net (2.2) (0.6) (3.7) (6.6)
Net foreign currency transaction loss 0.0 (0.7) (0.4) (0.2)
Loss on extinguishment of debt 0.0 0.0 0.0 (11.3)
Other income (expense), net 0.6 (0.3) 0.1 0.0
Income before income taxes 19.8 22.3 54.8 62.5
Income tax expense 4.2 0.8 12.3 5.5
Net income $ 15.6 $ 21.5 $ 42.5 $ 57.0
Net income per share        
Net income per share, Basic (in dollars per share) $ 0.84 $ 1.16 $ 2.30 $ 3.08
Net income per share, Diluted (in dollars per share) $ 0.83 $ 1.14 $ 2.27 $ 3.02
Weighted average shares outstanding        
Weighted average shares outstanding, Basic (in shares) 18,515,851 18,554,136 18,495,640 18,519,523
Weighted average shares outstanding, Diluted (in shares) 18,691,916 18,871,217 18,713,337 18,869,898