Employee Incentive Plans (Tables)

9 Months Ended

Sep. 30, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Compensation expense relating to short term incentive plans

Total costs relating to STI Plans were recorded as follows, for each period presented:

	Quarter Ended				Nine Months Ended
	September 30,				September 30,
	2012		2011		2012		2011
Cost of products sold, excluding depreciation and amortization	$	1.1	$	0.6	$	3.4	$	2.5
Selling, administrative, research and development, and general	2.8		1.3		7.6		3.9
Total costs recorded in connection with STI Plans	$	3.9	$	1.9	$	11.0	$	6.4

The following table presents the allocation of the charges detailed above, by segment:

	Quarter Ended				Nine Months Ended
	September 30,				September 30,
	2012		2011		2012		2011
Fabricated Products	$	2.6	$	1.3	$	7.6	$	4.7
All Other	1.3		0.6		3.4		1.7
Total costs recorded in connection with STI Plans	$	3.9	$	1.9	$	11.0	$	6.4

Non-cash compensation expense

Non-cash Compensation Expense. Recorded costs by type of award under LTI Programs were as follows, for each period presented:

	Quarter Ended				Nine Months Ended
	September 30,				September 30,
	2012		2011		2012		2011
Service-based non-vested common shares and restricted stock units	$	0.7	$	0.8	$	3.1	$	2.7
Performance shares	0.9		0.4		2.1		1.1
Total non-cash compensation expense	$	1.6	$	1.2	$	5.2	$	3.8

The following table presents the allocation of the charges detailed above, by segment:

	Quarter Ended				Nine Months Ended
	September 30,				September 30,
	2012		2011		2012		2011
Fabricated Products	$	0.4	$	0.4	$	1.5	$	1.2
All Other	1.2		0.8		3.7		2.6
Total non-cash compensation expense	$	1.6	$	1.2	$	5.2	$	3.8

Unrecognized gross compensation cost data

Unrecognized Gross Compensation Cost Data. The following table presents unrecognized gross compensation cost data:

	September 30, 2012
	Unrecognized gross compensation costs, by award type		Expected period (in years) over which the remaining gross compensation costs will be recognized, by award type
Service-based non-vested common shares and restricted stock units	$	4.2	1.6
Performance shares	$	6.7	2.1

Summary of activity of non-vested common shares, restricted stock units, and performance shares

Summary of Activity. A summary of the activity with respect to non-vested common shares, restricted stock units and performance shares for the nine months ended September 30, 2012 is as follows:

	Non-Vested Common Shares				Restricted Stock Units				Performance Shares
	Shares		Weighted-Average Grant-Date Fair Value per Share		Units		Weighted-Average Grant-Date Fair Value per Unit		Shares		Weighted-Average Grant-Date Fair Value per Share
Outstanding at December 31, 2011	202,836		$	29.24	6,072		$	33.67	777,934		$	26.84
Granted	92,949		45.03		2,486		44.46		215,579		44.47
Vested	(134,746	)	24.30		(3,375	)	25.77		(7,952	)	18.89
Forfeited	(2,355	)	43.91		—		—		—		—
Canceled	—		—		—		—		(401,611	)	14.73
Outstanding at September 30, 2012	158,684		$	42.47	5,183		$	43.99	583,950		$	41.78

A summary of select activity with respect to non-vested common shares, restricted stock units and performance shares for the nine months ended September 30, 2011 is as follows:

	Non-Vested Common Shares				Restricted Stock Units				Performance Shares
	Shares		Weighted-Average Grant-Date Fair Value per Share		Units		Weighted-Average Grant-Date Fair Value per Unit		Shares		Weighted-Average Grant-Date Fair Value per Share
Granted	83,066		$	47.07	2,182		$	46.59	188,741		$	46.65
Vested	(63,028	)	$	51.61	(3,314	)	$	16.83	(10,585	)	$	74.34