Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Major Classes of Inventories

Inventories are stated at the lower of first-in, first-out (“FIFO”) cost or market value.

Major Classes of Inventories	December 31, 2015		December 31, 2014
	(In millions)
Finished goods	$	147.5	$	146.0
Work in process	37.4		19.8
Raw materials and supplies	64.1		72.6
Inventories, net	$	249.0	$	238.4
Other inventory items
Inventory reserves	$	29.0	$	29.9
Consigned Inventory	$	10.3	$	7.8

Property, Plant and Equipment

The following table summarizes property, plant and equipment at December 31, 2015 and December 31, 2014:

	December 31, 2015		December 31, 2014
Property, plant and equipment:
Land and land improvements	$	8.5	$	7.1
Buildings	65.3		68.4
Machinery and equipment	304.6		292.6
Leased property under capital leases	16.2		0.9
Total property, plant and equipment	394.6		369.0
Less accumulated depreciation	243.3		227.9
Net property, plant and equipment	$	151.3	$	141.1

Schedule of Depreciation Expense

Information regarding depreciation expense of property, plant and equipment follows:

	Year Ended December 31,
	2015	2014	2013
	(In millions)
Depreciation expense	22.3	18.4	15.7

Weighted-Average Number of Shares Used in Computing Earnings Per Share

The following table sets forth the weighted-average number of shares used in the computation of earnings per share:

	Year Ended December 31,
	2015	2014	2013
	(In whole shares)
Weighted average basic shares outstanding	12,215,425	12,097,018	11,936,772
Plus dilutive impact of employee stock awards	167,526	279,058	295,393
Weighted average diluted shares outstanding	12,382,951	12,376,076	12,232,165