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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Net sales $ 487.3 $ 542.6
Cost of Products Sold 161.2 179.0
Gross margin 326.1 363.6
Delivery, sales and administrative expense 262.7 289.2
Re-engineering and impairment charges 4.3 7.6 [1]
(Loss) gain on disposal of assets (0.9) 2.2
Operating income 58.2 69.0
Interest income 0.6 0.7
Interest expense 10.2 11.1
Other (income) expense (3.3) 0.2
Income before income taxes 51.9 58.4
Provision for income taxes 15.0 22.7
Net income $ 36.9 $ 35.7
Earnings per share:    
Basic $ 0.76 $ 0.70
Diluted $ 0.76 $ 0.70
Weighted-average shares outstanding:    
Basic 48.7 51.1
Diluted 48.8 51.3
[1] (a) See Note 7 to the Consolidated Financial Statements for a discussion of re-engineering and impairment charges.