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Condensed Consolidated Statements of Comprehensive Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Net sales $ 493.6 $ 457.4
Cost of sales 271.1 259.1
Gross profit 222.5 198.3
Selling, general and administrative expenses 83.2 87.9
Engineering - research and development 24.5 29.0
Operating income 114.8 81.4
Interest income 0.2 0.2
Interest expense (35.3) (34.1)
Other expense, net (0.4) (3.1)
Income before income taxes 79.3 44.4
Income tax expense (27.2) (16.9)
Net income 52.1 27.5
Basic earnings per share attributable to common stockholders $ 0.29 $ 0.15
Diluted earnings per share attributable to common stockholders $ 0.28 $ 0.15
Dividends per common share $ 0.12 $ 0.06
Comprehensive income $ 54.2 $ 24.9