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Selected Quarterly Information (Unaudited)
12 Months Ended
Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Information (Unaudited) SELECTED QUARTERLY INFORMATION (UNAUDITED)
The Company’s fiscal year ends on December 31. Due to the fixed year end date of December 31, the first and fourth quarters each consist of approximately 13 weeks. The second and third quarters each consist of exactly 13 weeks. The first three quarters end on a Friday.
($ in millions, except per share data)1st Quarter2nd Quarter3rd Quarter4th Quarter
2021:
Sales$612.6 $637.2 $607.3 $651.8 
Gross profit$358.4 $368.6 $356.3 $343.2 
Net income from continuing operations$61.8 $79.0 $80.2 $42.5 
Net earnings per share:
Basic$0.39 $0.49 $0.50 $0.26 *
Diluted$0.35 $0.44 $0.45 $0.24 
2020:
Sales$456.2 $309.4 $547.2 $616.3 
Gross profit$251.4 $155.0 $308.4 $340.0 
Net (loss) income from continuing operations$(13.2)$(59.0)$23.6 $91.1 
Net (loss) earnings per share:
Basic$(0.08)$(0.37)$0.15 $0.57 
Diluted$(0.08)$(0.37)$0.14 $0.54 *
* Earnings (loss) per share is computed independently for each of the periods presented. The sum of the quarterly earnings per share do not equal the total earnings per share computed for the year due to rounding.