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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) [Abstract]        
Net sales $ 324.8 $ 307.9 $ 641.1 $ 603.3
Cost of goods and services sold 226.1 223.3 441.3 430.7
Gross profit 98.7 84.6 199.8 172.6
Research and development 8.2 7.3 16.5 14.2
Selling, general and administrative expenses 54.4 46.4 105.7 97.1
Restructuring and other items (Note 2) 0.5 3.1 0.3 4.8
Operating profit 35.6 27.8 77.3 56.5
Loss on debt extinguishment 11.6 0 11.6 0
Interest expense 4.6 4.6 8.8 9.3
Interest income 0.6 0.3 1.0 0.5
Income before income taxes 20.0 23.5 57.9 47.7
Income tax expense 6.5 5.3 16.4 11.3
Equity in net income of affiliated companies 2.1 1.9 3.3 3.3
Net income $ 15.6 $ 20.1 $ 44.8 $ 39.7
Net income per share:        
Basic (in dollars per share) $ 0.46 $ 0.60 $ 1.32 $ 1.18
Diluted (in dollars per share) $ 0.45 $ 0.57 $ 1.27 $ 1.13
Weighted average shares outstanding:        
Basic (in shares) 34.0 33.6 33.9 33.5
Diluted (in shares) 36.6 37.0 36.9 36.9
Dividends declared per share (in dollars per share) $ 0.18 $ 0.17 $ 0.36 $ 0.34