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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales $ 609.0 $ 547.5 $ 1,218.9 $ 1,087.6
Cost of sales 440.2 402.7 882.9 800.2
Gross margin 168.8 144.8 336.0 287.4
Selling, general and administrative expenses 39.5 35.3 89.0 81.7
Research and technology expenses 14.2 13.0 29.1 26.8
Operating income 115.1 96.5 217.9 178.9
Interest expense, net 11.9 8.7 23.9 16.7
Income before income taxes, and equity in earnings from affiliated companies 103.2 87.8 194.0 162.2
Provision for income taxes 23.6 20.0 44.2 34.1
Income before equity in earnings from affiliated companies 79.6 67.8 149.8 128.1
Equity in earnings from affiliated companies 1.3 1.0 3.3 2.3
Net income $ 80.9 $ 68.8 $ 153.1 $ 130.4
Basic net income per common share $ 0.95 $ 0.77 $ 1.80 $ 1.45
Diluted net income per common share 0.94 0.76 1.78 1.44
Dividends per share $ 0.15 $ 0.125 $ 0.30 $ 0.25
Weighted-average common shares:        
Basic 85.2 88.8 85.1 89.4
Diluted 86.2 89.9 86.1 90.5