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Quarterly Financial Data (Tables)
3 Months Ended
Mar. 31, 2022
Quarterly Financial Data [Abstract]  
Summary of Unaudited Quarterly Data

The following table sets forth certain unaudited quarterly data for 2022 and 2021, which, in the opinion of management, reflect all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation of this data. Results of any one or more quarters are not necessarily indicative of results for an entire fiscal year or of continuing trends (in millions, except per share amounts):

 

Three Months Ended

 

 

March 31,
2022

 

 

December 31,
2021

 

 

September 30,
2021

 

 

June 30,
2021

 

 

March 31,
2021

 

Net sales

$

1,686.9

 

 

$

1,754.9

 

 

$

1,875.4

 

 

$

1,872.1

 

 

$

1,318.0

 

% of fiscal year’s net sales

n/m

 

 

 

25.7

%

 

 

27.5

%

 

 

27.5

%

 

 

19.3

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit

$

439.5

 

 

$

461.6

 

 

$

507.8

 

 

$

517.4

 

 

$

332.8

 

% of fiscal year’s gross profit

n/m

 

 

 

25.4

%

 

 

27.9

%

 

 

28.4

%

 

 

18.3

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations

$

55.8

 

 

$

68.1

 

 

$

104.5

 

 

$

79.8

 

 

$

(10.5

)

Net income (loss)

$

55.8

 

 

$

68.0

 

 

$

104.8

 

 

$

76.5

 

 

$

(6.3

)

Net income (loss) attributable to common stockholders

$

49.8

 

 

$

62.0

 

 

$

98.8

 

 

$

70.5

 

 

$

(12.3

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations per share - Basic

$

0.62

 

 

$

0.78

 

 

$

1.23

 

 

$

0.93

 

 

$

(0.24

)

Net income (loss) per share - Basic

$

0.62

 

 

$

0.78

 

 

$

1.24

 

 

$

0.89

 

 

$

(0.18

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations per share - Diluted

$

0.61

 

 

$

0.76

 

 

$

1.21

 

 

$

0.91

 

 

$

(0.24

)

Net income (loss) per share - Diluted

$

0.61

 

 

$

0.76

 

 

$

1.22

 

 

$

0.87

 

 

$

(0.18

)

___________________________________________

n/m = not meaningful.