Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 136.9	$ 45.3
Accounts and notes receivable, net	78.3	85.1
Inventories, net	81.5	68.5
Current assets of discontinued operations	0.0	0.0
Income taxes receivable	2.3	30
Other current assets	12.8	15.5
Total current assets	311.8	244.4
Property, plant, and equipment, net	529.9	524.6
Operating lease assets	19.2	35.3
Finance lease assets	20.4
Prepaid pension costs	119.5	94.8
Investment in joint venture	41.2	58.5
Goodwill	160.7	53
Intangible assets, net	457.5	411.9
Deferred income taxes		10.4
Income taxes receivable	0.6	2.5
Other non-current assets	57.7	57.9
Total assets	1,718.5	1,493.3
Current liabilities:
Current installments of long-term debt	25	6.3
Accounts payable and accrued expenses	136.5	143.5
Liabilities of discontinued operations
Operating lease liabilities	4.8	5.2
Finance lease liabilities	2
Income taxes payable	4	0.2
Total current liabilities	172.3	155.2
Long-term debt, less current installments	690.5	604.5
Operating lease liabilities	14.6	30.1
Finance lease liabilities	18.8
Postretirement benefit liabilities	74.9	71
Pension benefit liabilities	40.4	46.6
Other long-term liabilities	76.5	37.8
Income taxes payable	21.2	19.3
Deferred income taxes	158.4	163.9
Total non-current liabilities	1,095.3	973.2
Total Liabilities	1,267.6	1,128.4
Shareholders' equity:
Common stock, $0.01 par value per share, 200 million shares authorized, 62,599,331 shares issued and 47,913,821 shares outstanding as of December 31, 2020 and 62,263,395, shares issued and 47,992,348 shares outstanding as of December 31, 2019	0.6	0.6
Capital in excess of par value	553.7	555.7
Retained earnings	869.8	1,008.2
Treasury stock, at cost, 14,685,510 shares as of December 31, 2020 and 14,271,047 shares as of December 31, 2019	(863.9)	(823.5)
Accumulated other comprehensive (loss)	(109.3)	(376.1)
Total shareholders' equity	450.9	364.9
Total liabilities and shareholders' equity	$ 1,718.5	$ 1,493.3

Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Statement [Abstract]
Net sales	$ 936.9	$ 1,038.1	$ 975.3
Cost of goods sold	603.8	643	641.8
Gross profit	333.1	395.1	333.5
Selling, general and administrative expenses	163.3	174.3	159
Gain related to sale of fixed and intangible assets	(21)
Equity earnings from joint venture	(64)	(96.6)	(74.9)
Operating income	254.8	317.4	249.4
Interest expense	24.1	38.4	39.2
Other non-operating expense (income), net	357.4	(20.4)	(32.5)
(Loss) earnings from continuing operations before income taxes	(126.7)	299.4	242.7
Income tax (benefit) expense	(42.6)	57.1	53.1
(Loss) earnings from continuing operations	(84.1)	242.3	189.6
Net (loss) earnings from discontinued operations, net of tax expense of $ -, $12.0 and $8.2		(1.8)	9.6
(Loss) from disposal of discontinued businesses, net of tax (benefit) of ($1.4), ($5.2) and ($6.0)	(15)	(26)	(13.3)
Net (loss) from discontinued operations	(15)	(27.8)	(3.7)
Net (loss) earnings	(99.1)	214.5	185.9
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(7.1)	84.1	(27.6)
Derivative (loss) gain, net	(10.5)	(13.9)	1.1
Pension and postretirement adjustments	284.4	13.2	(32.9)
Total other comprehensive income (loss)	266.8	83.4	(59.4)
Total comprehensive income	$ 167.7	$ 297.9	$ 126.5
(Loss) earnings per share of common stock, continuing operations:
Basic	$ (1.76)	$ 4.97	$ 3.68
Diluted	(1.76)	4.88	3.63
(Loss) per share of common stock, discontinued operations:
Basic	(0.31)	(0.57)	(0.07)
Diluted	(0.31)	(0.56)	(0.07)
Net (loss) earnings per share of common stock:
Basic	(2.07)	4.40	3.61
Diluted	$ (2.07)	$ 4.32	$ 3.56
Average number of common shares outstanding:
Basic	47.9	48.7	51.3
Diluted	47.9	49.5	52.1

A. Calculate the Fixed Asset Turnover ratio for 2019 and 2020?

B. What is the Net Income?

C. Find the Profit Margin for 2019 and 2020?