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Basis of Presentation and Nature of Operations (Tables)
 6 Months Ended
Jun. 30, 2016
Accounting Policies [Abstract]  
AR1 Inception to Date Project Costs
The AR1 inception to date project costs are summarized as follows (in millions):
AR1 R&D costs incurred
$
105.3

Less amounts funded by the U.S. Air Force
(33.9
)
Less amounts funded by ULA
(3.9
)
AR1 R&D costs net of reimbursements
67.5

AR1 R&D costs expensed and not applied to contracts
(32.1
)
Net AR1 R&D costs applied to contracts
$
35.4
Summary of Impact from the Aerospace and Defense Segment Net Sales
The following table summarizes the impact from 96% of the Company’s Aerospace and Defense segment net sales over the first half of fiscal 2016 and 2015 accounted for under the percentage-of-completion method of accounting:
 
Three months ended June 30,
 
Three months ended May 31,
 
Six months ended June 30,
 
Six months ended May 31,
 
2016
 
2015
 
2016
 
2015
 
 
 
As Restated
 
 
 
As Restated
 
(In millions, except per share amounts)
(Unfavorable) favorable effect of the changes in contract estimates on income from continuing operations before income taxes
$
(3.6
)
 
$
8.4

 
$
(3.6
)
 
$
9.7

(Unfavorable) favorable effect of the changes in contract estimates on net income
(2.1
)
 
5.0

 
(2.1
)
 
5.8

(Unfavorable) favorable effect of the changes in contract estimates on basic net income per share
(0.03
)
 
0.08

 
(0.03
)
 
0.09

(Unfavorable) favorable effect of the changes in contract estimates on diluted net income per share
(0.03
)
 
0.07

 
(0.03
)
 
0.08