(UNAUDITED)
(in millions, except per share data)
Three Months Ended Nine Months Ended
Sept. 30, Sept. 30, Sept. 30, Sept. 30,
2007 2006 2007 2006
Net sales $242.7 100% $218.4 100% $764.0 100% $681.4 100%
Cost of goods
sold 178.4 74 158.9 73 542.7 71 483.1 71
Gross profit 64.3 26 59.5 27 221.3 29 198.3 29
Research and
development 4.1 2 2.9 1 11.5 2 8.0 1
Selling, general
and administrative
expenses 37.7 15 34.9 16 112.8 15 106.1 15
Other expense, net 9.6 4 2.0 1 9.7 1 4.2 1
Operating profit 12.9 5 19.7 9 87.3 11 80.0 12
Loss on debt
extinguishment - - - - - - 5.9 1
Interest expense,
net 2.0 - 2.7 1 5.9 1 8.5 1
Income before
income taxes
and minority
interests 10.9 5 17.0 8 81.4 10 65.6 10
Provision for
income taxes (0.8) - 4.9 2 17.4 2 19.4 3
Minority interests 0.1 - 0.1 - 0.3 - 0.3 -
Income from
consolidated
operations 11.6 5% 12.0 6% 63.7 8% 45.9 7%
Equity in net
income of
affiliated
companies 0.6 (0.2) 1.5 0.9
Income from
continuing
operations 12.2 11.8 65.2 46.8
Discontinued
operations,
net of tax - 1.5 (0.5) 5.3
Net income $12.2 $13.3 $64.7 $52.1
Net income
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