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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Income Statement [Abstract]        
Net sales $ 341.8 $ 303.8 $ 1,025.7 $ 944.9
Cost of goods and services sold 236.3 213.4 697.6 654.7
Gross profit 105.5 90.4 328.1 290.2
Research and development 9.6 8.2 28.2 24.6
Selling, general and administrative expenses 56.1 53.7 174.9 159.5
Restructuring and other items (Note 2) 0.1 2.2 (0.5) 2.5
Operating profit 39.7 26.3 125.5 103.6
Loss on debt extinguishment 0 0 0.2 11.6
Interest expense 4.4 4.4 13.1 13.2
Interest income 0.4 0.5 1.4 1.5
Income before income taxes 35.7 22.4 113.6 80.3
Income tax expense 10.6 9.0 29.5 25.5
Equity in net income of affiliated companies 1.7 1.4 4.6 4.8
Net income $ 26.8 $ 14.8 $ 88.7 $ 59.6
Net income per share:        
Basic (in dollars per share) $ 0.38 $ 0.22 $ 1.28 $ 0.88
Diluted (in dollars per share) $ 0.37 $ 0.21 $ 1.25 $ 0.85
Weighted average shares outstanding:        
Basic (in shares) 69.8 68.3 69.4 68.0
Diluted (in shares) 71.4 69.4 70.9 72.3
Dividends declared per share $ 0.1 $ 0 $ 0.29 $ 0.18