SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

The following is a summary of the unaudited interim results of operations and the price range of the common stock composite for each quarter in the years ended December 29, 2017 and December 30, 2016. On June 1, 2015, the Company closed the sale of the Fasteners business, as described in Note 2. "Discontinued Operations". The operating results of the Fasteners business are presented as "discontinued operations" in the Company's Consolidated Financial Statements. Anixter has never paid ordinary cash dividends on its common stock. As of February 14, 2018, Anixter had 1,697 shareholders of record.



(In millions, except per share amounts)
Year ended December 29, 2017	First Quarter^(a)		Second Quarter^(b)		Third Quarter^(c)		Fourth Quarter^(d)
Net sales	$	1,895.8	$	2,001.4	$	2,016.4	$	2,013.8
Cost of goods sold	1,516.1		1,605.7		1,619.2		1,615.4
Operating income	69.0		82.7		81.0		80.4
Income before income taxes	49.9		63.8		62.4		61.5
Net income	$	30.9	$	40.1	$	37.6	$	0.4
Income per share:
Basic	$	0.92	$	1.19	$	1.12	$	0.01
Diluted	$	0.91	$	1.18	$	1.11	$	0.01
Common stock price (NYSE symbol: AXE):
High	$	88.00	$	86.35	$	86.45	$	88.60
Low	$	75.70	$	73.75	$	70.50	$	62.40
Close	$	79.30	$	78.20	$	85.00	$	76.00


(a)	In the first quarter of 2017, "Operating income" includes $9.0 million of intangible asset amortization.


(b)	In the second quarter of 2017, "Operating income" includes $9.0 million of intangible asset amortization.


(c)	In the third quarter of 2017, "Operating income" includes $9.1 million of intangible asset amortization and $0.8 million of acquisition and integration costs.


(d)	In the fourth quarter of 2017, "Operating income" includes $9.0 million of intangible asset amortization, $1.5 million of acquisition and integration costs and an intangible asset impairment charge of $5.7 million.



(In millions, except per share amounts)
Year ended December 30, 2016	First Quarter^(a)			Second Quarter^(b)			Third Quarter^(c)		Fourth Quarter^(d)
Net sales	$	1,816.2		$	1,955.7		$	1,956.3	$	1,894.6
Cost of goods sold	1,445.4			1,562.3			1,559.6		1,507.5
Operating income	60.3			56.7			87.3		81.0
Income from continuing operations before income taxes	37.4			36.1			65.4		58.6
Net income from continuing operations	23.2			20.8			40.3		36.8
Net (loss) income from discontinued operations	(0.4		)	(0.3		)	0.1		—
Net income	$	22.8		$	20.5		$	40.4	$	36.8
Income (loss) per share:
Basic:
Continuing operations	$	0.70		$	0.62		$	1.21	$	1.10
Discontinued operations	$	(0.01	)	$	(0.01	)	$	—	$	—
Net income	$	0.69		$	0.61		$	1.21	$	1.10
Diluted:
Continuing operations	$	0.70		$	0.62		$	1.20	$	1.09
Discontinued operations	$	(0.02	)	$	(0.01	)	$	0.01	$	—
Net income	$	0.68		$	0.61		$	1.21	$	1.09
Common stock price (NYSE symbol: AXE):
High	$	60.10		$	63.49		$	65.96	$	84.05
Low	$	37.60		$	49.29		$	51.50	$	58.99
Close	$	52.48		$	54.09		$	64.50	$	81.05


(a)	In the first quarter of 2016, "Operating income" includes $9.7 million of intangible asset amortization and $2.2 million of acquisition and integration costs.


(b)	In the second quarter of 2016, "Operating income" includes $9.5 million of intangible asset amortization, $5.6 million of restructuring charges, $7.6 million of Latin America bad debt provision, $1.4 million of acquisition and integration costs and $9.6 million related to a settlement of pension obligation in the UK.


(c)	In the third quarter of 2016, "Operating income" includes $9.4 million of intangible asset amortization, $0.7 million of acquisition and integration costs and a restructuring reversal of $0.2 million.


(d)	In the fourth quarter of 2016, "Operating income" includes $9.0 million of intangible asset amortization and $0.8 million of acquisition and integration costs.