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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Net sales $ 1,463.8 $ 1,378.7 $ 1,203.2
Cost of sales 1,228.6 1,144.2 992.2
Gross profit 235.2 234.5 211.0
Selling, general and administrative expenses 135.1 136.6 120.2
Litigation judgment and settlement costs 2.2 0.0 5.2
Operating income 97.9 97.9 85.6
Gain on acquisition of business 0.0 0.0 (0.6)
Interest expense 27.9 26.1 25.9
Income from continuing operations before income taxes 70.0 71.8 60.3
Income tax expense 21.3 24.9 19.4
Net income from continuing operations 48.7 46.9 40.9
Income from discontinued operations, net of taxes 0.0 0.0 3.0
Net income 48.7 46.9 43.9
Net income attributable to noncontrolling interest (0.6) (1.3) (0.5)
Net income attributable to ParkOhio common shareholders $ 48.1 $ 45.6 $ 43.4
Earnings per common share attributable to ParkOhio common shareholders - Basic:      
Continuing operations (in dollars per share) $ 3.94 $ 3.77 $ 3.40
Discontinued operations (in dollars per share) 0.00 0.00 0.25
Basic (in dollars per share) 3.94 3.77 3.65
Earnings per common share attributable to ParkOhio common shareholders - Diluted:      
Continuing operations (in dollars per share) 3.88 3.68 3.31
Discontinued operations (in dollars per share) 0.00 0.00 0.25
Diluted (in dollars per share) $ 3.88 $ 3.68 $ 3.56
Weighted-average shares used to compute earnings per share:      
Basic (in shares) 12,215,425 12,097,018 11,936,772
Diluted (in shares) 12,382,951 12,376,076 12,232,165
Dividend per common share (in dollars per share) $ 0.5 $ 0.375 $ 0