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Quarterly Financial Data
12 Months Ended
Dec. 31, 2013
Quarterly Financial Data [Abstract]  
Quarterly Financial Information [Text Block]
Quarterly Financial Data (Unaudited)

The following tables present the unaudited financial data for each of the interim periods in 2013 and 2012.
   
 
 
Quarter
Ended
31-Mar
 
Quarter
Ended
30-Jun
 
Quarter
Ended
30-Sep
 
Quarter
Ended
31-Dec
2013
 
 
 
 
 
 
 
 
Net sales
 
$
337.4

 
$
328.9

 
$
319.9

 
$
311.3

Cost of products sold, excluding depreciation, amortization and other items
 
263.6

 
261.5

 
259.5

 
254.3

Unrealized losses (gains) on derivative instruments
 
0.7

 
4.2

 
(1.5
)
 
(4.1
)
Gross Profit
 
73.1

 
63.2

 
61.9

 
61.1

Operating income
 
50.0

 
40.1

 
41.6

 
41.6

Net income
 
$
33.5

 
$
18.6

 
$
25.4

 
$
27.3

Earnings per common share, Basic:
 
 
 
 
 
 
 
 
Net income per share
 
$
1.75

 
$
0.99

 
$
1.37

 
$
1.48

Earnings per common share, Diluted:
 
 
 
 
 
 
 
 
Net income per share
 
$
1.73

 
$
0.98

 
$
1.34

 
$
1.44

Common stock market price (based on daily closing price):
 
 
 
 
 
 
 
 
High
 
$
65.03

 
$
65.44

 
$
71.96

 
$
73.03

Low
 
$
60.77

 
$
58.75

 
$
62.31

 
$
65.23


 
 
Quarter
Ended
31-Mar
 
Quarter
Ended
30-Jun
 
Quarter
Ended
30-Sep
 
Quarter
Ended
31-Dec
2012
 
 
 
 
 
 
 
 
Net sales
 
$
365.4

 
$
345.2

 
$
335.5

 
$
314.0

Cost of products sold, excluding depreciation, amortization and other items
 
298.1

 
284.4

 
268.9

 
264.8

Unrealized (gains) losses on derivative instruments
 
(3.1
)
 
0.1

 
(12.3
)
 
0.1

Gross Profit
 
70.4

 
60.7

 
78.9

 
49.1

Operating income
 
46.2

 
39.6

 
56.2

 
23.9

Net income
 
$
26.5

 
$
21.0

 
$
29.2

 
$
9.1

Earnings per common share, Basic:
 
 
 
 
 
 
 
 
Net income per share
 
$
1.39

 
$
1.10

 
$
1.52

 
$
0.48

Earnings per common share, Diluted:
 
 
 
 
 
 
 
 
Net income per share
 
$
1.38

 
$
1.09

 
$
1.51

 
$
0.47

Common stock market price (based on daily closing price):
 
 
 
 
 
 
 
 
High
 
$
52.46

 
$
52.57

 
$
59.15

 
$
61.75

Low
 
$
46.82

 
$
46.62

 
$
49.42

 
$
56.27