Quarterly Information (Unaudited)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Quarterly Information (Unaudited)

QUARTERLY INFORMATION (UNAUDITED)

(In millions, except per share data and common stock prices)	2018										2017
	4th Qtr.		3rd Qtr.		2nd Qtr.			1st Qtr.			4th Qtr.			3rd Qtr.			2nd Qtr.			1st Qtr.
Revenue	$	537.3	$	481.9	$	491.3		$	409.2		$	483.7		$	420.8		$	386.1		$	344.5
Cost of sales	378.7		346.8		351.0			305.6			346.9			299.3			271.3			246.9
Income from continuing operations	42.9		26.4		33.5			1.6			19.8			26.4			18.3			17.6
Loss from discontinued operations, net of income taxes	—		—		(0.1		)	0.4			0.4			0.6			0.4			0.2
Net income	$	42.9	$	26.4	$	33.6		$	1.2		$	19.4		$	25.8		$	17.9		$	17.4
Basic earnings per share (1):
Income from continuing operations	$	1.35	$	0.83	$	1.05		$	0.05		$	0.62		$	0.83		$	0.57		$	0.59
Loss from discontinued operations, net of tax	—		—		—			(0.01		)	(0.01		)	(0.02		)	(0.01		)	(0.01		)
Net income	$	1.35	$	0.83	$	1.05		$	0.04		$	0.61		$	0.81		$	0.56		$	0.58
Diluted earnings per share (1):
Income from continuing operations	$	1.34	$	0.82	$	1.04		$	0.05		$	0.61		$	0.82		$	0.57		$	0.58
Loss from discontinued operations, net of tax	—		—		—			(0.01		)	(0.01		)	(0.02		)	(0.01		)	(0.01		)
Net income	$	1.34	$	0.82	$	1.04		$	0.04		$	0.60		$	0.80		$	0.56		$	0.57
Dividends declared per share	$	0.10	$	0.10	$	0.10		$	0.10		$	0.10		$	0.10		$	0.10		$	0.10
Weighted average shares outstanding
Basic	31.8		31.9		31.9			31.9			31.9			31.9			31.9			30.0
Diluted	32.1		32.1		32.1			32.4			32.3			32.3			32.3			30.4
Common stock sales price
High	$	120.18	$	123.90	$	120.20		$	122.65		$	120.55		$	101.40		$	99.15		$	92.05
Low	$	66.28	$	87.40	$	84.81		$	105.10		$	99.09		$	85.09		$	82.45		$	80.70

(1) Basic and diluted earnings per share (EPS) are computed independently for each of the periods presented. Accordingly, the sum of the quarterly EPS amounts may not agree to the annual total.