Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

Selected Quarterly Financial Data (Unaudited)

	Quarter Ended
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,
	(Dollars in millions, except per share data)
2015
Net sales	$	374.7		$	377.3		$	364.4		$	347.4
Gross profit	58.4			60.4			62.3			54.1
Net income	11.1			12.6			13.2			11.8
Net income attributable to noncontrolling interest	(0.3		)	(0.2		)	—			(0.1		)
Net income attributable to ParkOhio common shareholders	$	10.8		$	12.4		$	13.2		$	11.7
Earnings per common share attributable to ParkOhio common shareholders:
Basic	$	0.89		$	1.02		$	1.07		$	0.96
Diluted	$	0.87		$	1.00		$	1.06		$	0.95
Cash dividends per common share	$	0.125		$	0.125		$	0.125		$	0.125
2014
Net sales	$	317.8		$	343.3		$	344.6		$	373.0
Gross profit	56.0			61.0			60.6			56.9
Net income	10.3			12.9			12.5			11.2
Net income attributable to noncontrolling interest	—			(0.5		)	(0.1		)	(0.5		)
Net income attributable to ParkOhio common shareholders	$	10.1		$	12.4		$	12.4		$	10.7
Earnings per common share attributable to ParkOhio common shareholders:
Basic	$	0.84		$	1.02		$	1.02		$	0.88
Diluted	$	0.82		$	1.00		$	1.00		$	0.86
Cash dividends per common share	$	—		$	0.125		$	0.125		$	0.125

Note A — On March 7, 2016 the United States District Court for the Eastern District of Arkansas issued an order granting, in part, IPSCO's motion for fees and costs and awarding $2.2 million to IPSCO, which the Company accrued for as of December 31, 2015.

Note B — On June 10, 2014, the Company completed the acquisition of Apollo, a supply chain management services company providing Class C production components and supply chain solutions to aerospace customers worldwide and is included in our Supply Technologies segment.

Note C — On October 10, 2014, the Company completed the acquisition of Autoform, a supplier of high end pressure fuel lines used in gasoline direct injection systems across a large number of engine platforms and is included in our Assembly Components segment.

Note D — On December 4, 2014, the Company completed the acquisition of Saet, a leader in the design, manufacturing and testing of induction heating equipment and heat treat solutions. Saet is included in our Engineered Products segment.