XML 58 R42.htm IDEA: XBRL DOCUMENT v3.6.0.2
Quarterly Financial Data (unaudited) (Tables)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data
Quarterly results of operations for the years ended December 31, 2016 and 2015 are summarized below:
(in millions, except per share amounts)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2016
 
 
 
 
 
 
 
Net sales
$
721.0

 
$
804.4

 
$
832.4

 
$
769.5

Gross profit
291.0

 
336.9

 
362.1

 
319.4

Operating income
76.7

 
100.2

 
131.1

 
107.5

Net income
39.6

 
21.3

 
77.8

 
63.4

Basic earnings per common share
$
0.64

 
$
0.35

 
$
1.34

 
$
1.14

Diluted earnings per common share
$
0.63

 
$
0.35

 
$
1.32

 
$
1.12

 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
Net sales
$
739.5

 
$
764.4

 
$
880.0

 
$
767.3

Gross profit
278.7

 
297.5

 
359.6

 
313.1

Operating income
54.4

 
52.0

 
110.9

 
91.8

Net income (loss)
23.4

 
21.2

 
40.2

 
(11.3
)
Basic earnings (loss) per common share
$
0.38

 
$
0.35

 
$
0.65

 
$
(0.18
)
Diluted earnings (loss) per common share
$
0.38

 
$
0.34

 
$
0.64

 
$
(0.18
)