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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Revenue $ 420.8 $ 349.6 $ 1,151.4 $ 945.5
Operating expenses:        
Cost of sales 299.3 255.5 817.5 678.8
Selling, general and administrative expense 73.7 56.5 221.2 168.4
Research and development expense 6.9 6.3 19.6 17.7
Restructuring expense 0.3 0.3 1.3 9.4
Other (income) expense, net (1.6) 1.5 (0.6) 2.1
Operating income 42.2 29.5 92.4 69.1
Interest expense (3.6) (2.8) (10.3) (7.0)
Income from continuing operations before income taxes 38.6 26.7 82.1 62.1
Provision for income taxes 12.2 6.1 19.8 17.5
Income from continuing operations 26.4 20.6 62.3 44.6
Loss from discontinued operations, net of income taxes (0.6) 0.0 (1.2) (0.1)
Net income $ 25.8 $ 20.6 $ 61.1 $ 44.5
Basic earnings per share:        
Income from continuing operations (in dollars per share) $ 0.83 $ 0.70 $ 1.99 $ 1.52
Loss from discontinued operations (in dollars per share) (0.02) 0.00 (0.04) (0.01)
Net income (in dollars per share) 0.81 0.70 1.95 1.51
Diluted earnings per share:        
Income from continuing operations (in dollars per share) 0.82 0.69 1.97 1.50
Loss from discontinued operations (in dollars per share) (0.02) 0.00 (0.04) (0.01)
Net income (in dollars per share) 0.80 0.69 1.93 1.49
Cash dividends declared per share (in dollars per share) $ 0.1 $ 0.1 $ 0.3 $ 0.3