Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 29, 2017



22.	Selected Quarterly Financial Data (Unaudited)

A summary of quarterly financial information for fiscal 2017 and fiscal 2016 is as follows:



	For the Quarter Ended
	March 31, 2017		June 30, 2017			September 29, 2017			December 29, 2017
Net sales	$	810.9	$	824.5		$	793.9		$	792.3
Gross profit	418.6		416.1			400.6			421.0
Income from continuing operations ⁽²⁾	28.9		70.6			64.3			1,607.4
Income from discontinued operations	370.3		(7.8		)	(0.6		)	1.3
Net income	399.2		62.8			63.7			1,608.7

Basic earnings per share from continuing operations⁽¹⁾	$	0.28	$	0.72		$	0.66		$	17.43
Diluted earnings per share from continuing operations ⁽¹⁾	0.28		0.72			0.66			17.40

	For the Quarter Ended
	December 25, 2015		March 25, 2016			June 24, 2016			September 30, 2016
Net sales	$	811.2	$	815.8		$	866.6		$	887.2
Gross profit	450.9		425.1			488.8			490.2
Income from continuing operations	103.8		98.5			176.7			110.0
Income from discontinued operations	107.3		19.8			22.6			5.0
Net income	211.1		118.3			199.3			115.0

Basic earnings per share from continuing operations ⁽¹⁾	$	0.90	$	0.89		$	1.63		$	1.02
Diluted earnings per share from continuing operations ⁽¹⁾	0.89		0.88			1.62			1.01


(1)	Quarterly and annual computations are prepared independently. Therefore, the sum of each quarter may not necessarily total the fiscal period amounts noted elsewhere within this Annual Report on Form 10-K.


(2)	Income from continuing operations for the quarter ended December 29, 2017 reflects one-time effects for the completion of the Reorganization and the impact of U.S. Tax Reform.