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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, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Condensed Consolidated Statements of Operations        
Net sales $ 470.1 $ 422.6 $ 931.8 $ 839.1
Cost of sales 341.0 305.8 673.5 610.3
Gross margin 129.1 116.8 258.3 228.8
Selling, general and administrative expenses 37.1 34.8 78.1 72.8
Research and technology expenses 10.9 10.1 24.5 21.1
Other operating expense 6.0   6.0  
Operating income 75.1 71.9 149.7 134.9
Interest expense, net 2.0 2.1 3.8 3.8
Non-operating expense   1.0   1.0
Income before income taxes and equity in earnings of affiliated companies 73.1 68.8 145.9 130.1
Provision for income taxes 22.9 20.6 45.7 38.5
Income before equity in earnings of affiliated companies 50.2 48.2 100.2 91.6
Equity in earnings of affiliated companies 0.4 0.3 0.5 0.5
Net income $ 50.6 $ 48.5 $ 100.7 $ 92.1
Basic net income per common share: (in dollars per share) $ 0.52 $ 0.49 $ 1.03 $ 0.92
Diluted net income per common share: (in dollars per share) $ 0.51 $ 0.48 $ 1.01 $ 0.90
Weighted average common shares outstanding:        
Basic (in shares) 97.3 100.0 97.9 100.2
Diluted (in shares) 99.2 101.8 99.9 102.0