QUARTERLY FINANCIAL INFORMATION (Unaudited)

12 Months Ended

Dec. 31, 2011

QUARTERLY FINANCIAL INFORMATION (Unaudited) [Abstract]

QUARTERLY FINANCIAL INFORMATION (Unaudited)

15. QUARTERLY FINANCIAL INFORMATION (Unaudited)

Summarized quarterly financial information for the years ended December 31, 2009, 2010 and 2011 is as follows:

	First Quarter	Second Quarter	Third Quarter	Fourth Quarter
2009
Sales	$ 157.6	$ 144.4	$ 143.4	$  137.8
Gross profit	46.1	41.4	40.8	23.1
Goodwill and other intangibles  impairment	-	-	-	(53.0)
Net income (loss)	3.2	2.2	2.7	(50.5)
Earnings (loss) per share - basic	0.24	0.16	0.20	(3.84)
Earnings (loss) per share - diluted	0.23	0.15	0.19	(3.84)
2010
Sales	$ 147.0	$ 167.3	$ 172.2	$ 169.7
Gross profit	42.0	47.9	48.9	49.6
Net income	3.6	4.6	5.3	5.9
Earnings per share - basic	0.27	0.33	0.38	0.41
Earnings per share - diluted	0.26	0.31	0.36	0.39
2011
Sales	$ 183.1	$ 197.7	$ 207.9	$ 218.3
Gross profit	52.4	57.3	59.5	62.6
Net income	6.3	7.6	8.3	9.2
Earnings per share - basic	0.44	0.53	0.58	0.64
Earnings per share - diluted	0.42	0.50	0.55	0.61

The sum of the individual quarterly earnings per share amounts may not agree with year-to-date earnings per share as each quarter's computation is based on the weighted average number of shares outstanding during the quarter, the weighted average stock price during the quarter and the dilutive effects of the stock options and restricted stock in each quarter.