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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net sales $ 1,266.4 $ 1,192.3 $ 1,104.7
Cost of goods and services sold 878.7 853.0 786.6
Gross profit 387.7 339.3 318.1
Research and development 33.2 29.1 23.9
Selling, general and administrative expenses 218.1 191.1 187.7
Restructuring and other items (Note 3) 1.3 9.5 15.8
Operating profit 135.1 109.6 90.7
Loss on debt extinguishment 11.6 0 0
Interest expense 16.7 18.2 16.8
Interest income 1.8 1.3 0.6
Income before income taxes 108.6 92.7 74.5
Income tax expense 32.7 23.5 13.6
Equity in net income of affiliated companies 4.8 6.3 4.4
Net income $ 80.7 $ 75.5 $ 65.3
Net income per share:      
Basic (in dollars per share) $ 2.37 $ 2.24 $ 1.96
Diluted (in dollars per share) $ 2.30 $ 2.16 $ 1.89
Weighted average shares outstanding:      
Basic (in shares) 34.0 33.7 33.3
Diluted (in shares) 35.9 37.0 36.7
Dividends declared per share (in dollars per share) $ 0.74 $ 0.7 $ 0.66