Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Summary of Quarterly Financial Data

The table below sets forth summarized quarterly financial data for the years ended December 31, 2018 and 2017 (in millions, except per share amounts):

	Reported First Quarter		Reported Second Quarter		Reported Third Quarter		Fourth Quarter
2018
Net sales	$	991.2	$	1,166.7	$	1,179.7	$	1,144.1
Cost of goods sold	$	708.3	$	818.8	$	830.7	$	823.5
Gross profit	$	282.9	$	347.9	$	349.0	$	320.6
Selling & administrative expenses	$	183.3	$	191.0	$	185.2	$	184.0
Net income	$	59.8	$	102.4	$	114.7	$	89.2
Net Income attributable to Hubbell	$	58.3	$	100.3	$	113.6	$	88.0
Earnings per share — Basic	$	1.06	$	1.83	$	2.07	$	1.61
Earnings per share — Diluted	$	1.05	$	1.82	$	2.06	$	1.60
	Reported First Quarter		Reported Second Quarter		Reported Third Quarter		Fourth Quarter
2017
Net sales	$	852.3	$	948.3	$	950.5	$	917.7
Cost of goods sold (2)	$	589.7	$	652.8	$	642.9	$	628.3
Gross profit	$	262.6	$	295.5	$	307.6	$	289.4
Selling & administrative expenses (2)	$	154.8	$	161.1	$	157.5	$	162.9
Net income (1)	$	63.9	$	80.8	$	82.8	$	22.4
Net Income attributable to Hubbell (1)	$	62.8	$	79.1	$	80.8	$	20.4
Earnings per share — Basic	$	1.13	$	1.44	$	1.47	$	0.37
Earnings per share — Diluted	$	1.13	$	1.43	$	1.47	$	0.37
(1) Net income in the fourth quarter of 2017 includes approximately $57 million, or $1.02 per share, impact associated with the TCJA.
(2) Historical amounts have been adjusted to reflect the retrospective effects from the January 1, 2018 adoption of Accounting Standards Update (ASU) No. 2017-07, Compensation Retirement Benefits (Topic): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.