| In millions, except per share items | Dec-31-16 | Sep-30-16 | Jun-30-16 | Mar-31-16 | Dec-31-15 | Sep-30-15 | Jun-30-15 | Mar-31-15 |
| | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q |
| Revenues: |
| Industrial Performance Products | 188.0 | 203.0 | 216.0 | 216.0 | 198.0 | 226.0 | 230.0 | 232.0 |
| Industrial Engineered Products | 174.0 | 184.0 | 191.0 | 172.0 | 169.0 | 181.0 | 197.0 | 175.0 |
| Other | 23.0 | 27.0 | 34.0 | 26.0 | 32.0 | 37.0 | 37.0 | 31.0 |
| Total revenues | 385.0 | 414.0 | 441.0 | 414.0 | 399.0 | 444.0 | 464.0 | 438.0 |
| Revenue growth [+] | -3.5% | -6.8% | -5.0% | -5.5% | -14.6% | -20.4% | -23.8% | -21.2% |
| Industrial Performance Products | -5.1% | -10.2% | -6.1% | -6.9% | -15.4% | -8.5% | -11.2% | -6.1% |
| Industrial Engineered Products | 3.0% | 1.7% | -3.0% | -1.7% | -8.2% | -8.6% | -6.2% | -15.9% |
| Cost of goods sold | 277.0 | 289.0 | 322.0 | 293.0 | 295.0 | 327.0 | 350.0 | 340.0 |
| Gross profit | 108.0 | 125.0 | 119.0 | 121.0 | 104.0 | 117.0 | 114.0 | 98.0 |
| Gross margin | 28.1% | 30.2% | 27.0% | 29.2% | 26.1% | 26.4% | 24.6% | 22.4% |
| Selling, general and administrative | 38.0 | 35.0 | 37.0 | 33.0 | 38.0 | 36.0 | 41.0 | 36.0 |
| Research and development | 6.0 | 5.0 | 5.0 | 5.0 | 5.0 | 4.0 | 6.0 | 5.0 |
| Equity in earnings | | | | | | | 1.0 | |
| Other operating expenses | 2.0 | | | 162.0 | 8.0 | | -1.0 | |
| EBITDA [+] | 62.0 | 85.0 | 77.0 | -79.0 | 53.0 | 77.0 | 69.0 | 57.0 |
| EBITDA growth | 17.0% | 10.4% | 11.6% | -238.6% | -95.1% | 30.5% | -14.8% | 9.6% |
| EBITDA margin | 16.1% | 20.5% | 17.5% | -19.1% | 13.3% | 17.3% | 14.9% | 13.0% |
| Depreciation | 20.0 | 19.0 | 20.0 | 19.0 | 20.0 | 19.0 | 21.0 | 21.0 |
| EBITA | 42.0 | 66.0 | 57.0 | -98.0 | 33.0 | 58.0 | 48.0 | 36.0 |
| EBITA margin | 10.9% | 15.9% | 12.9% | -23.7% | 8.3% | 13.1% | 10.3% | 8.2% |
| Amortization of intangibles | 1.0 | 2.0 | 2.0 | 2.0 | 3.0 | 3.0 | 3.0 | 3.0 |
| EBIT [+] | 41.0 | 64.0 | 55.0 | -100.0 | 30.0 | 55.0 | 45.0 | 33.0 |
| EBIT growth | 36.7% | 16.4% | 22.2% | -403.0% | -97.2% | 57.1% | -19.6% | 37.5% |
| EBIT margin | 10.6% | 15.5% | 12.5% | -24.2% | 7.5% | 12.4% | 9.7% | 7.5% |
| Non-recurring items [+] | | 13.0 | | 1.0 | -6.0 | 2.0 | | 4.0 |
| Asset impairment | | | | 1.0 | | | | |
| Restructuring charges | 2.0 | 12.0 | | | 1.0 | 1.0 | | 1.0 |
| Loss (gain) on sale of assets | | | | | | | | 3.0 |
| Loss (gain) on disposal of assets | -2.0 | 1.0 | | | -8.0 | 1.0 | | 3.0 |
| Pension curtailments and settlements | | | | 162.0 | | | | |
| Interest expense | 8.0 | 8.0 | 8.0 | 8.0 | 7.0 | 7.0 | 8.0 | 8.0 |
| Interest expense | 8.0 | 8.0 | 8.0 | 8.0 | 7.0 | 7.0 | 8.0 | 8.0 |
| Other income (expense), net [+] | 3.0 | -1.0 | | -2.0 | 10.0 | 1.0 | -3.0 | 11.0 |
| Other | 4.0 | -1.0 | | -2.0 | 10.0 | 1.0 | -2.0 | 11.0 |
| Pre-tax income | 36.0 | 42.0 | 47.0 | -111.0 | 39.0 | 47.0 | 34.0 | 32.0 |
| Income taxes | 14.0 | -17.0 | 13.0 | -15.0 | -27.0 | -16.0 | 16.0 | 11.0 |
| Tax rate | 38.9% | | 27.7% | 13.5% | | | 47.1% | 34.4% |
| Earnings from continuing ops | 22.0 | 25.0 | 34.0 | -96.0 | 66.0 | 31.0 | 18.0 | 21.0 |
| Earnings from discontinued ops | | | | | | | 1.0 | -1.0 |
| Net income | 22.0 | 25.0 | 34.0 | -96.0 | 66.0 | 31.0 | 19.0 | 20.0 |
| Net margin | 5.7% | 6.0% | 7.7% | -23.2% | 16.5% | 7.0% | 4.1% | 4.6% |
| |
| Basic EPS [+] | $0.35 | $0.40 | $0.54 | ($1.46) | $0.98 | $0.46 | $0.27 | $0.31 |
| Growth | -64.3% | -13.6% | 101.1% | -578.7% | -94.0% | 173.7% | -42.3% | 193.9% |
| Diluted EPS [+] | $0.34 | $0.39 | $0.53 | ($1.46) | $0.96 | $0.45 | $0.26 | $0.30 |
| Growth | -64.4% | -13.8% | 101.5% | -585.7% | -94.0% | 174.4% | -42.3% | 194.2% |
| |
| Shares outstanding (basic) [+] | 63.0 | 63.0 | 63.5 | 65.7 | 67.4 | 67.5 | 67.6 | 68.8 |
| Growth | -6.5% | -6.7% | -6.1% | -4.5% | -25.3% | -24.5% | -27.5% | -28.6% |
| Shares outstanding (diluted) [+] | 64.1 | 63.9 | 64.2 | 65.7 | 68.5 | 68.3 | 68.5 | 69.8 |
| Growth | -6.4% | -6.4% | -6.3% | -5.9% | -25.1% | -24.7% | -27.4% | -28.6% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |