SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

The following is a summary of the unaudited interim results of operations for each quarter in the years ended December 28, 2018 and December 29, 2017. As of February 13, 2019, Anixter had 1,708 shareholders of record.



(In millions, except per share amounts)
Year ended December 28, 2018	First Quarter^(a)		Second Quarter^(b)		Third Quarter^(c)		Fourth Quarter^(d)
Net sales	$	1,964.2	$	2,137.9	$	2,179.0	$	2,119.1
Cost of goods sold	1,579.4		1,718.8		1,754.9		1,689.1
Operating income	61.6		71.3		89.5		87.3
Income before income taxes	45.7		49.0		68.6		59.9
Net income	$	32.1	$	34.8	$	47.6	$	41.8
Income per share:
Basic	$	0.95	$	1.03	$	1.41	$	1.23
Diluted	$	0.94	$	1.02	$	1.40	$	1.22


(a)	In the first quarter of 2018, "Operating income" includes $9.3 million of intangible asset amortization, $0.3 million of acquisition and integration costs and $0.2 million of U.K. facility relocation costs.


(b)	In the second quarter of 2018, "Operating income" includes $9.7 million of intangible asset amortization, a restructuring charge of $9.2 million, $2.3 million of acquisition and integration costs, $2.6 million of CEO retirement agreement expense and $0.4 million of U.K. facility relocation costs.


(c)	In the third quarter of 2018, "Operating income" includes $9.6 million of intangible asset amortization, a restructuring charge of $0.2 million, $0.3 million of acquisition and integration costs and $0.2 million of U.K. facility relocation costs.


(d)	In the fourth quarter of 2018, "Operating income" includes $8.7 million of intangible asset amortization and $0.2 million of U.K. facility relocation costs. "Income before income taxes" includes a $4.6 million loss on extinguishment of debt.



(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	68.9		82.6		80.8		80.6
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


(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.