XML 23 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net sales $ 250.3 $ 282.8 $ 770.4 $ 875.2
Cost of sales 174.3 185.5 522.6 571.0
Manufacturing margins 76.0 97.3 247.8 304.2
Operating expenses:        
Selling, general and administrative expenses 55.2 56.6 167.6 180.0
Amortization expense 5.1 6.2 16.1 18.8
(Gain) loss on currency translation (1.6) (1.1) (2.6) 1.1
Other (income) expense, net (2.0) 3.7 (2.3) 13.5
Total operating expenses 56.7 65.4 178.8 213.4
Operating earnings 19.3 31.9 69.0 90.8
Interest expense, net 9.2 10.6 28.7 32.6
Loss on debt extinguishment 0.7 0.3 0.7 1.0
Other non-operating expenses 0.1 0.3 0.5 0.7
Earnings from continuing operations before income taxes 9.3 20.7 39.1 56.5
Income tax expense 5.0 6.9 20.6 20.3
Net earnings from continuing operations 4.3 13.8 18.5 36.2
Earnings (loss) from discontinued operations (net of income taxes) 21.8 1.1 10.9 (0.5)
Net earnings $ 26.1 $ 14.9 $ 29.4 $ 35.7
Earnings (loss) per share:        
Income (Loss) from Continuing Operations, Per Basic Share $ 0.06 $ 0.20 $ 0.26 $ 0.52
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0.31 0.02 0.16 (0.01)
Basic (in dollars per share) 0.37 0.22 0.42 0.51
Income (Loss) from Continuing Operations, Per Diluted Share 0.06 0.19 0.26 0.50
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0.30 0.02 0.15 (0.01)
Diluted (in dollars per share) $ 0.36 $ 0.21 $ 0.41 $ 0.49