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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]        
Net sales $ 609.9 $ 572.2 $ 1,738.8 $ 1,539.7
Cost of sales 486.7 476.2 1,416.9 1,272.3
Gross profit 123.2 96.0 321.9 267.4
Selling, general and administrative expenses 50.0 50.3 148.3 138.1
Operating income 73.2 45.7 173.6 129.3
Interest expense (7.1) (7.5) (20.3) (22.0)
Other income (expense), net 1.9 (0.5) 0.1 (0.7)
Income before income taxes 68.0 37.7 153.4 106.6
Income tax expense (benefit) 16.9 7.5 35.3 (39.1)
Net income $ 51.1 $ 30.2 $ 118.1 $ 145.7
EARNINGS PER COMMON SHARE:        
Basic (in dollars per share) $ 1.06 $ 0.63 $ 2.45 $ 3.06
Diluted (in dollars per share) $ 1.05 $ 0.63 $ 2.43 $ 3.04
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 47.7 47.2 47.7 47.2
Diluted (in shares) 48.1 47.7 48.1 47.5
Cash dividends per common share (in dollars per share) $ 0.20 $ 0.18 $ 0.60 $ 0.54