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Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data
Quarterly results of operations for the years ended December 31, 2019 and 2018 are summarized below:
(in millions, except per share amounts)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2019
 
 
 
 
 
 
 
Net sales
$
690.9

 
$
722.8

 
$
821.0

 
$
871.3

Gross profit
281.8

 
313.4

 
360.6

 
386.4

Operating income
60.5

 
81.0

 
120.6

 
84.6

Income from continuing operations
29.0

 
42.7

 
72.4

 
46.7

Net income attributable to Tempur Sealy International, Inc.
28.4

 
41.6

 
73.3

 
46.2

Basic earnings per common share for continuing operations
$
0.53

 
$
0.78

 
$
1.33

 
$
0.87

Diluted earnings per common share for continuing operations
$
0.52

 
$
0.76

 
$
1.30

 
$
0.85

 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
Net sales
$
637.4

 
$
659.9

 
$
729.5

 
$
676.1

Gross profit
264.7

 
272.8

 
300.0

 
283.2

Operating income
55.7

 
58.0

 
84.7

 
57.9

Income from continuing operations
25.6

 
26.6

 
44.1

 
19.1

Net income attributable to Tempur Sealy International, Inc.
23.1

 
22.8

 
42.3

 
12.3

Basic earnings per common share for continuing operations
$
0.48

 
$
0.52

 
$
0.83

 
$
0.35

Diluted earnings per common share for continuing operations
$
0.47

 
$
0.52

 
$
0.82

 
$
0.35