Unaudited Quarterly Results

12 Months Ended

Feb. 22, 2019

Unaudited Quarterly Results [Abstract]

Unaudited Quarterly Results

UNAUDITED QUARTERLY RESULTS

Unaudited Quarterly Results	First   Quarter		Second   Quarter		Third   Quarter		Fourth   Quarter		Total
2019
Revenue	$	754.0	$	875.8	$	901.0	$	912.4	$	3,443.2
Gross profit	237.9		288.6		278.3		283.1		1,087.9
Operating income	23.3		67.9		45.4		47.0		183.6
Net income	17.0		49.1		37.3		22.6		126.0
Basic earnings per share	0.14		0.41		0.31		0.19		1.06
Diluted earnings per share	0.14		0.41		0.31		0.19		1.05
2018
Revenue	$	735.1	$	775.6	$	772.1	$	772.7	$	3,055.5
Gross profit	245.1		257.3		250.8		252.0		1,005.2
Operating income	35.1		52.2		36.5		31.4		155.2
Net income	18.1		36.9		25.7		—		80.7
Basic earnings per share	0.15		0.31		0.22		—		0.68
Diluted earnings per share	0.15		0.31		0.22		—		0.68

Revenue comparisons have been impacted by currency translation effects along with acquisitions and divestitures. See Note 20 for additional information. Q4 2019 net income included charges related to the early retirement of debt. See Note 13 for additional information. Q3 2019 net income included significant charges related to a multi-employer pension plan. See Note 15 for additional information. Q4 2018 net income included significant charges related to the Tax Act. See Note 17 for additional information.