XML 77 R57.htm IDEA: XBRL DOCUMENT v3.20.4
Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Data
The table below sets forth summarized quarterly consolidated financial data for the years ended December 31, 2020 and 2019 (in millions, except per share amounts):
 Reported First QuarterReported Second QuarterReported Third QuarterFourth Quarter
2020    
Net sales$1,090.3 $949.2 $1,108.6 $1,037.9 
Cost of goods sold$776.8 $668.7 $779.0 $752.2 
Gross profit$313.5 $280.5 $329.6 $285.7 
Selling & administrative expenses$194.7 $149.0 $166.7 $165.9 
Net income$75.7 $89.1 $108.6 $82.6 
Net Income attributable to Hubbell$75.0 $88.2 $107.1 $80.9 
Earnings per share — Basic$1.38 $1.62 $1.97 $1.49 
Earnings per share — Diluted$1.37 $1.62 $1.96 $1.48 
Reported First QuarterReported Second QuarterReported Third QuarterFourth Quarter
2019    
Net sales$1,087.3 $1,196.4 $1,204.0 $1,103.3 
Cost of goods sold $780.0 $839.0 $842.0 $777.3 
Gross profit$307.3 $357.4 $362.0 $326.0 
Selling & administrative expenses $186.4 $190.5 $189.1 $190.1 
Net income $73.8 $97.9 $132.6 $103.1 
Net Income attributable to Hubbell $72.3 $96.0 $130.7 $101.9 
Earnings per share — Basic$1.32 $1.76 $2.40 $1.87 
Earnings per share — Diluted$1.32 $1.75 $2.38 $1.85