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Condensed Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net sales $ 399.2 $ 353.7 $ 799.3 $ 685.3
Cost of sales 293.7 266.7 587.4 515.3
Gross margin 105.5 87.0 211.9 170.0
Selling, general and administrative expenses 32.5 29.7 69.1 62.6
Research and technology expenses 8.6 7.9 17.8 16.5
Other operating (income) expense (9.5)   (9.5) (5.7)
Operating income 73.9 49.4 134.5 96.6
Interest expense, net 3.0 2.9 6.0 7.1
Non-operating expense 1.1   1.1 4.9
Income before income taxes and equity in earnings of affiliated companies 69.8 46.5 127.4 84.6
Provision for income taxes 22.1 9.3 40.5 21.5
Income before equity in earnings of affiliated companies 47.7 37.2 86.9 63.1
Equity in earnings of affiliated companies 0.3 0.2 0.7 0.7
Net income $ 48.0 $ 37.4 $ 87.6 $ 63.8
Basic net income per common share: (in dollars per share) $ 0.48 $ 0.38 $ 0.88 $ 0.65
Diluted net income per common share: (in dollars per share) $ 0.47 $ 0.37 $ 0.86 $ 0.63
Weighted average common shares outstanding:        
Basic (in shares) 100.2 98.6 100.0 98.4
Diluted (in shares) 102.0 100.7 101.9 100.5