XML 31 R20.htm IDEA: XBRL DOCUMENT v3.5.0.2
Acquisitions (Tables)
9 Months Ended
Sep. 30, 2016
Business Combinations [Abstract]  
Summary of unaudited pro forma consolidated statements of operations
The following selected unaudited pro forma consolidated statement of operations data for the nine months ended September 30, 2015 was prepared as though the FiberMark Acquisition had occurred as of the beginning of 2015. The information does not reflect events that occurred after September 30, 2015 or any operating efficiencies or inefficiencies that may result from the FiberMark Acquisition. Therefore, the information is not necessarily indicative of results that would have been achieved had the businesses been combined during the period presented or the results that the Company will experience going forward.
 
 
 
Nine Months Ended
September 30, 2015
Net sales
 
$
753.6

Operating income
 
82.8

Income from continuing operations
 
47.2

Income from discontinued operations
 
(6.9
)
Net income
 
40.3

Earnings Per Common Share
 
 

Basic
 
 

Continuing operations
 
$
2.79

Discontinued Operations
 
(0.41
)
 
 
$
2.38

Diluted
 
 

Continuing operations
 
$
2.75

Discontinued Operations
 
(0.40
)
 
 
$
2.35