XML 13 R3.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Net sales $ 405.7 $ 343.8
Cost of sales 340.6 288.8
Gross profit 65.1 55.0
Selling, general and administrative expenses 43.0 37.8
Litigation settlement gain 0.0 (3.3)
Operating income 22.1 20.5
Other components of net pension income 2.3 1.7
Interest expense (8.4) (7.4)
Income before income taxes 16.0 14.8
Income tax expense (5.8) (4.7)
Net income 10.2 10.1
Net income attributable to noncontrolling interests (0.4) (0.3)
Net income attributable to Park-Ohio Holdings Corp. common shareholders $ 9.8 $ 9.8
Earnings per common share attributable to Park-Ohio Holdings Corp. common shareholders:    
Basic (in dollars per share) $ 0.80 $ 0.80
Diluted (in dollars per share) $ 0.78 $ 0.79
Weighted-average shares used to compute earnings per share:    
Basic (in shares) 12.3 12.2
Diluted (in shares) 12.5 12.5
Dividends per common share (in dollars per share) $ 0.125 $ 0.125