Acquisitions, Discontinued Operations, and Other Dispositions (Tables)

12 Months Ended

Dec. 31, 2019

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following is a summary of the recorded fair values of the assets acquired and liabilities assumed for Cues as of June 7, 2018:

Assets acquired:
Current assets, including cash and equivalents of $20.6	$	70.4
Property, plant and equipment	7.4
Goodwill	47.8
Intangible assets	79.5
Other assets	2.3
Total assets acquired	207.4
Current liabilities assumed	7.8
Non-current liabilities assumed	14.6
Net assets acquired	$	185.0

Business Acquisition, Pro Forma Information

The following unaudited pro forma information presents our consolidated results of operations for the years ended December 31, 2018 and 2017 as if the acquisition of Cues had taken place on January 1, 2017. The unaudited pro forma financial information is not intended to represent or be indicative of our consolidated results of operations that would have been reported had the acquisition been completed as of the date presented, and should not be taken as representative of our future consolidated results of operations. The pro forma results include estimates and assumptions that management believes are reasonable; however, these results do not include any anticipated cost savings or expenses of the planned integration of Cues. These pro forma results of operations have been prepared for comparative purposes only and include additional interest expense on the borrowings required to finance the acquisition, additional depreciation and amortization expense associated with fair value adjustments to the acquired property, plant and equipment and intangible assets, the removal of charges associated with the excess fair value (over historical cost) of inventory acquired and subsequently sold, the removal of professional fees and other one-time costs incurred in connection with the transaction, and the related income tax effects.

	Year ended December 31,
	2018		2017
Revenues	$	1,572.7	$	1,511.4
Income from continuing operations	87.1		87.4
Net income	90.1		92.7
Income from continuing operations per share of common stock:
Basic	$	2.02	$	2.06
Diluted	$	1.95	$	1.99
Net income per share of common stock:
Basic	$	2.09	$	2.19
Diluted	$	2.02	$	2.11

Schedule of Major Classes of Assets and Liabilities, Excluding Intercompany Balances, of Businesses Reported as Discontinued Operations

For the years ended December 31, 2019, 2018 and 2017, results of operations from our businesses reported as discontinued operations were as follows:

	Year ended December 31,
	2019		2018		2017
Balcke Dürr
Income (loss) from discontinued operations	$	—	$	6.3	$	(2.6)
Income tax (provision) benefit	—		(2.5)		9.4
Income from discontinued operations, net	—		3.8		6.8
All other
Loss from discontinued operations	(4.0)		(1.2)		(4.0)
Income tax (provision) benefit	(0.4)		0.4		2.5
Loss from discontinued operations, net	(4.4)		(0.8)		(1.5)
Total
Income (loss) from discontinued operations	(4.0)		5.1		(6.6)
Income tax (provision) benefit	(0.4)		(2.1)		11.9
Income (loss) from discontinued operations, net	$	(4.4)	$	3.0	$	5.3