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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net sales $ 242.9 $ 221.3 $ 512.1 $ 442.0
Cost of goods sold (155.4) (152.7) (342.8) (307.7)
Gross profit 87.5 68.6 169.3 134.3
Operating expenses:        
Selling, general and administrative (50.2) (37.7) (98.9) (79.7)
Research and development (6.5) (5.6) (12.7) (11.3)
Adjustment to fair value of contingent consideration 26.6 0.0 23.1 0.0
Total operating expenses (30.1) (43.3) (88.5) (91.0)
Operating income 57.4 25.3 80.8 43.3
Other net income/(expense) (4.7) (0.7) (3.2) 1.2
Interest expense, net (0.9) (0.8) (1.9) (1.7)
Income before income taxes 51.8 23.8 75.7 42.8
Income taxes (17.3) (5.3) (23.3) (7.4)
Net income $ 34.5 $ 18.5 $ 52.4 $ 35.4
Earnings per share:        
Basic $ 1.43 $ 0.76 $ 2.16 $ 1.45
Diluted $ 1.40 $ 0.75 $ 2.12 $ 1.44
Weighted average shares outstanding (in thousands):        
Basic 24,202 24,401 24,251 24,382
Diluted 24,671 24,672 24,761 24,632