
	Year Ended January 31, 2016
	First		Second		Third		Fourth
	Quarter		Quarter		Quarter (3)		Quarter(4)
Revenues	$	431.5	$	412.7	$	365.0	$	358.2
Cost of sales		323.9		315.3		279.1		284.1
Net earnings (loss)		17.9		7.4		(400.8)		(10.3)
Basic net earnings (loss) per share(1)		0.34		0.14		(7.68)		(0.20)
Diluted net earnings (loss) per share(1)(2)		0.34		0.14		(7.68)		(0.20)

(1)

Net earnings per share are computed individually for each quarter presented. Therefore, the sum of the quarterly net earnings per share may not necessarily equal the total for the year.

(2)

The Company has potential common stock equivalents related to its outstanding restricted stock awards, restricted stock units and employee stock purchase plan. These potential common stock equivalents were not included in diluted loss per share for the three months ended January 31, 2016 because the effect would have been anti‑dilutive. Accordingly, basic and diluted loss per common share and the weighted average number of shares used in the computation are the same for the three months ended January 31, 2016. For each of the other periods presented, the Company had potential common stock equivalents related to its outstanding restricted stock awards, restricted stock units and employee stock purchase plan as of January 31, 2016 that were considered in the Company’s diluted earnings per share calculation.

(3)

Net loss in the third quarter includes an impairment charge of $640.2 including a goodwill impairment of $310.4, $177.8 related to identifiable intangibles and $152.0 related to PP&E.

(4)

Net loss in the fourth quarter includes $32.4 of non‑recurring costs, including acquisition and integration costs, severance and other Spin‑off related costs.


	Year Ended December 31, 2014
	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter(3)
Revenues	$	370.9	$	430.9	$	453.2	$	440.7
Cost of sales		255.8		299.9		316.9		322.3
Net earnings		44.0		45.4		31.3		(32.6)
Basic net earnings (loss) per share(1)		0.84		0.87		0.60		(0.62)
Diluted net earnings (loss) per share(1)(2)		0.84		0.87		0.60		(0.62)

(1)Net earnings per share are computed individually for each quarter presented. Therefore, the sum of the quarterly net earnings per share may not necessarily equal the total for the year.

(2) The Company has potential common stock equivalents related to its outstanding restricted stock awards, restricted stock units and employee stock purchase plan. These potential common stock equivalents were not included in diluted loss per share for the three months ended December 31, 2014 because the effect would have been anti-dilutive. Accordingly, basic and diluted loss per common share and the weighted average number of shares used in the computation are the same for the three months ended December 31, 2014. For each of the other periods presented, the Company had potential common stock equivalents related to its outstanding restricted stock awards, restricted stock units and employee stock purchase plan as of December 31, 2014 that were considered in the Company's diluted earnings per share calculation.

(3) Net loss in the fourth quarter includes non-recurring costs, including acquisition and integration costs, severance, other Spin-off related costs and exit taxes related to a major international tax planning initiative aggregating approximately $98.0 ($26.2 in the third quarter).