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Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Net sales $ 282.4 $ 263.4 $ 794.9 $ 785.1
Cost of goods sold 175.9 154.8 488.1 465.1
Gross profit 106.5 108.6 306.8 320.0
Selling, general and administrative expenses 76.3 67.4 221.9 199.5
Research and development expenses 5.2 4.7 15.2 13.6
Interest expense and related financing costs 21.6 18.8 56.1 49.0
Repositioning expenses 1.1 5.3 6.8 14.3
Restructuring expenses and asset impairments 2.1 0.4 13.0 1.4
Loss in Venezuela 36.7 0.0 38.3 0.0
Other income, net (4.0) (1.6) (6.6) (1.7)
Total costs and expenses 139.0 95.0 344.7 276.1
(Loss) income from continuing operations before income taxes (32.5) 13.6 (37.9) 43.9
Income tax benefit (expense) 14.5 (2.5) (3.7) (9.8)
(Loss) income from continuing operations (18.0) 11.1 (41.6) 34.1
Income from discontinued operations, net of income taxes 677.3 10.4 679.4 36.2
Net income 659.3 21.5 637.8 70.3
Less: Net income attributable to noncontrolling interests (0.1) (0.2) (0.2) (0.9)
Net income attributable to GCP shareholders 659.2 21.3 637.6 69.4
Amounts Attributable to GCP Shareholders:        
(Loss) income from continuing operations attributable to GCP shareholders (18.1) 10.9 (41.8) 33.2
Income from discontinued operations, net of income taxes 677.3 10.4 679.4 36.2
Net income attributable to GCP shareholders $ 659.2 $ 21.3 $ 637.6 $ 69.4
Basic earnings per share:        
Net (loss) income from continuing operations attributable to GCP shareholders (in usd per share) $ (0.25) $ 0.15 $ (0.59) $ 0.47
Income from discontinued operations, net of income taxes (in usd per share) 9.46 0.15 9.54 0.51
Net income attributable to GCP shareholders (in usd per share) [1] $ 9.21 $ 0.30 $ 8.96 $ 0.98
Weighted average number of basic shares 71.6 71.0 71.2 70.8
Diluted earnings per share:        
Net (loss) income from continuing operations attributable to GCP shareholders (in usd per share) [2] $ (0.25) $ 0.15 $ (0.59) $ 0.46
Income from discontinued operations, net of income taxes (in usd per share) [2] 9.46 0.14 9.54 0.51
Net income attributable to GCP shareholders (in usd per share) [1],[2] $ 9.21 $ 0.30 $ 8.96 $ 0.97
Weighted average number of diluted shares 71.6 72.2 71.2 71.6
[1] Amounts may not sum due to rounding
[2] Dilutive effect only applicable to periods where there is net income from continuing operations.