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SUMMARIZED QUARTERLY FINANCIAL DATA (UNAUDITED) - (Tables)
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The table that follows summarizes unaudited quarterly financial data for 2013:
 
 
For the Quarter Ended
 
 
March 30
 
June 29
 
September 28
 
December 31
 
 
(Dollar amounts in millions, except per share data)
2013
 
 

 
 

 
 

 
 

Net sales
 
$
519.1

 
$
630.7

 
$
589.2

 
$
548.9

Gross profit
 
141.5

 
189.1

 
175.1

 
154.8

Selling, general and administrative expense, net
 
125.6

 
135.1

 
129.4

 
131.2

Depreciation expense
 
9.0

 
9.8

 
9.8

 
12.0

Amortization expense (1)
 
11.5

 
16.5

 
13.2

 
13.4

Operating earnings
 
4.6

 
40.4

 
32.5

 
10.4

Net (loss) earnings
 
(15.1
)
 
11.5

 
4.2

 
(8.9
)
Net (loss) earnings per share:
 
 

 
 

 
 

 
 
Basic (loss) earnings per share
 
$
(0.98
)
 
$
0.75

 
$
0.27

 
$
(0.58
)
Diluted (loss) earnings per share
 
$
(0.98
)
 
$
0.73

 
$
0.27

 
$
(0.58
)
 
(1)
Includes increases to cost of goods sold for inventory acquired in business combinations.

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 (1)
 
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
)


(1)
Includes increases to cost of goods sold for inventory acquired in business combinations.