Quarterly Financial Data (Unaudited) Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Data [Abstract]

Schedule of Quarterly Financial Data

The following tables present the unaudited financial data for each of the interim periods in 2019 and 2018 (in millions of dollars, except per share amounts):

	Quarter Ended 31-Mar		Quarter Ended 30-Jun		Quarter Ended 30-Sep		Quarter Ended 31-Dec
2019
Net sales	$	395.2	$	375.3	$	374.9	$	368.7
Cost of products sold	$	315.1	$	303.5	$	298.6	$	298.0
Gross profit	$	80.1	$	71.8	$	76.3	$	70.7
Operating income	$	43.0	$	32.4	$	40.7	$	9.6
Net income (loss)1	$	28.0	$	19.2	$	25.4	$	(10.6	)
Net income (loss) per common share, Basic	$	1.74	$	1.19	$	1.59	$	(0.66	)
Net income (loss) per common share, Diluted	$	1.71	$	1.18	$	1.57	$	(0.66	)
Dividends declared per common share	$	0.60	$	0.60	$	0.60	$	0.60

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^1.  The quarter ended December 31, 2019 reflected a $25.2 million goodwill impairment charge (see Note 4) and a $20.3 million loss on extinguishment of debt (see Note 12).

	Quarter Ended 31-Mar		Quarter Ended 30-Jun		Quarter Ended 30-Sep		Quarter Ended 31-Dec
2018
Net sales	$	388.0	$	415.4	$	393.1	$	389.4
Cost of products sold	$	316.7	$	343.4	$	323.3	$	317.3
Gross profit	$	71.3	$	72.0	$	69.8	$	72.1
Operating income	$	37.1	$	34.7	$	34.9	$	36.9
Net income	$	25.7	$	20.7	$	21.7	$	23.6
Net income per common share, Basic	$	1.54	$	1.24	$	1.31	$	1.44
Net income per common share, Diluted	$	1.51	$	1.22	$	1.29	$	1.41
Dividends declared per common share	$	0.55	$	0.55	$	0.55	$	0.55