XML 375 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net sales $ 1,213.2 $ 1,130.8 $ 1,221.3
Cost of sales 924.5 837.2 898.5
Gross profit 288.7 293.6 322.8
Selling, engineering, general and administrative expenses 149.2 149.2 164.4
Amortization expense 10.9 9.6 8.8
Acquisition and integration-related (benefits) expenses (2.1) 2.1 2.5
Restructuring 0.0 1.3 0.0
Operating income 130.7 131.4 147.1
Interest expense 4.5 5.7 7.9
Pension settlement charges 10.3 0.0 0.0
Other (income) expense, net (1.7) 1.1 0.6
Income before income taxes 117.6 124.6 138.6
Income tax expense 17.0 28.5 30.2
Income from continuing operations 100.6 96.1 108.4
Gain from discontinued operations and disposal, net of tax 0.0 0.1 0.1
Net income $ 100.6 $ 96.2 $ 108.5
Basic earnings per share:      
Earnings from continuing operations (usd per share) $ 1.65 $ 1.59 $ 1.80
Earnings from discontinued operations and disposal, net of tax (usd per share) 0 0.00 0.00
Net earnings per share (usd per share) 1.65 1.59 1.80
Diluted earnings per share:      
Earnings from continuing operations (usd per share) 1.63 1.56 1.76
Earnings from discontinued operations and disposal, net of tax (usd per share) 0 0.00 0.00
Net earnings per share (usd per share) $ 1.63 $ 1.56 $ 1.76
Weighted average shares outstanding:      
Basic (shares) 60.8 60.3 60.2
Diluted (shares) 61.9 61.7 61.6