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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 4,263.9 $ 4,339.0 $ 8,203.2 $ 8,093.1
Cost of goods sold 4,050.8 4,100.1 7,771.7 7,646.0
Gross profit 213.1 238.9 431.5 447.1
Warehousing and distribution expenses 125.5 143.2 267.9 277.4
Selling, general and administrative expenses 59.8 64.6 123.7 130.5
Amortization of intangible assets 2.4 2.7 4.7 5.4
Total operating expenses 187.7 210.5 396.3 413.3
Income from operations 25.4 28.4 35.2 33.8
Interest expense, net (2.8) (3.2) (6.3) (6.6)
Foreign currency transaction losses, net 0.0 (1.0) (0.2) (1.2)
Income before income taxes 22.6 24.2 28.7 26.0
Provision for income taxes (5.7) (6.5) (7.5) (7.0)
Net income $ 16.9 $ 17.7 $ 21.2 $ 19.0
Basic earnings per share (in dollars per share) (Note 6) $ 0.38 $ 0.39 $ 0.47 $ 0.41
Diluted earnings per share (in dollars per share) (Note 6) $ 0.38 $ 0.38 $ 0.47 $ 0.41
Basic weighted-average shares (in shares) (Note 6) 45.1 45.9 45.2 45.9
Diluted weighted-average shares (in shares) (Note 6) 45.3 46.1 45.4 46.1