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Summarized Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The table that follows summarizes unaudited quarterly financial data for 2012:
 
 
For the Quarter Ended
 
 
March 31
 
June 30
 
September 29
 
December 31
 
 
(Dollar amounts in millions, except per share data)
2012
 
 

 
 

 
 

 
 

Net sales
 
$
522.8

 
$
615.7

 
$
557.4

 
$
505.4

Gross profit
 
146.0

 
183.8

 
158.4

 
152.2

Selling, general and administrative expense, net
 
110.1

 
119.1

 
113.6

 
125.7

Depreciation expense
 
9.3

 
9.4

 
10.3

 
9.5

Amortization expense
 
11.0

 
11.3

 
11.4

 
11.5

Operating earnings
 
24.9

 
53.7

 
33.8

 
15.2

Net (loss) earnings
 
(1.2
)
 
18.5

 
4.7

 
(12.5
)
Net (loss) earnings per share:
 
 

 
 

 
 

 
 
Basic (loss) earnings per share
 
$
(0.08
)
 
$
1.22

 
$
0.31

 
$
(0.82
)
Diluted (loss) earnings per share
 
$
(0.08
)
 
$
1.19

 
$
0.30

 
$
(0.82
)
 
The table that follows summarizes unaudited quarterly financial data for 2011:

 
 
For the Quarter Ended
 
 
April 2
 
July 2
 
October 1
 
December 31
 
 
(Dollar amounts in millions, except per share data)
2011
 
 

 
 

 
 

 
 

Net sales
 
$
488.6

 
$
564.9

 
$
551.8

 
$
535.2

Gross profit
 
127.0

 
152.8

 
142.2

 
150.7

Selling, general and administrative expense, net
 
113.2

 
121.1

 
117.1

 
113.4

Depreciation expense
 
10.3

 
9.9

 
10.2

 
10.8

Amortization expense
 
19.2

 
11.0

 
11.2

 
11.3

Operating earnings
 
1.9

 
20.8

 
14.0

 
26.4

Net loss
 
(21.1
)
 
(31.9
)
 
(2.1
)
 
(0.8
)
Net loss per share:
 
 

 
 

 
 

 
 
Basic loss per share
 
$
(1.40
)
 
$
(2.11
)
 
$
(0.14
)
 
$
(0.05
)
Diluted loss per share
 
$
(1.40
)
 
$
(2.11
)
 
$
(0.14
)
 
$
(0.05
)