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Condensed Consolidated Statements of Operations (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Total net sales $ 266.2 $ 267.5 $ 477.2 $ 512.8
Total cost of sales [1] 111.7 117.5 210.6 227.8
Selling, general and administrative expenses [1] 77.4 75.1 141.7 148.6
Depreciation and amortization 11.2 10.1 21.9 19.9
Restructuring, impairment and other charges, net 0.2 2.8 2.0 3.6
Other operating income, net (0.2) 0.0 (0.2) 0.0
Income from operations 65.9 62.0 101.2 112.9
Interest expense, net 2.1 5.9 3.6 11.2
Investment and other income, net (0.3) (1.5) (0.5) (2.3)
Earnings before income taxes 64.1 57.6 98.1 104.0
Income tax expense 18.1 14.7 25.7 25.9
Net earnings $ 46.0 $ 42.9 $ 72.4 $ 78.1
Net earnings per share:        
Basic $ 1.46 $ 1.27 $ 2.25 $ 2.32
Diluted $ 1.42 $ 1.24 $ 2.17 $ 2.26
Weighted average number of common shares outstanding:        
Basic 31.5 33.7 32.2 33.6
Diluted 32.4 34.5 33.4 34.5
Tech-enabled Services        
Total net sales $ 133.3 $ 134.0 $ 225.0 $ 252.5
Total cost of sales 40.2 42.7 77.9 83.7
Software Solutions        
Total net sales 71.6 66.6 141.4 126.9
Total cost of sales 28.6 25.1 56.1 49.6
Print and Distribution        
Total net sales 61.3 66.9 110.8 133.4
Total cost of sales $ 42.9 $ 49.7 $ 76.6 $ 94.5
[1] Exclusive of depreciation and amortization