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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Net sales $ 288.2 $ 261.5
Cost of products sold 207.4 187.2
Gross profit 80.8 74.3
Selling expense 9.1 9.5
Research and development expense 3.8 3.2
General expense 32.7 27.4
Total nonmanufacturing expenses 45.6 40.1
Restructuring and impairment expense 1.7 0.1
Operating profit 33.5 34.1
Interest expense 2.9 6.9
Other (expense) income, net (2.6) 0.6
Income before income taxes and income from equity affiliates 28.0 27.8
Provision for income taxes 7.4 5.3
Income from equity affiliates, net of income taxes 1.0 0.0
Net income $ 21.6 $ 22.5
Net income per share - basic:    
Net income per share - basic (in dollars per share) $ 0.69 $ 0.72
Net income per share – diluted:    
Net income per share - diluted (in dollars per share) $ 0.68 $ 0.72
Weighted average shares outstanding:    
Basic (in shares) 30,974,200 30,712,300
Diluted (in shares) 31,340,500 30,910,000