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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 28, 2019
Jun. 29, 2018
Jun. 28, 2019
Jun. 29, 2018
Net sales $ 2,262.6 $ 2,137.9 $ 4,371.1 $ 4,102.1
Cost of goods sold 1,812.6 1,718.8 3,502.2 3,298.2
Gross profit 450.0 419.1 868.9 803.9
Operating expenses 344.3 347.8 688.6 671.0
Operating income 105.7 71.3 180.3 132.9
Other expense:        
Interest expense (19.4) (19.0) (39.8) (37.2)
Other, net (0.7) (3.3) 1.1 (1.0)
Income before income taxes 85.6 49.0 141.6 94.7
Income tax expense 22.1 14.2 39.0 27.8
Net income $ 63.5 $ 34.8 $ 102.6 $ 66.9
Income per share:        
Basic $ 1.86 $ 1.03 $ 3.02 $ 1.98
Diluted $ 1.86 $ 1.02 $ 3.00 $ 1.96
Basic weighted-average common shares outstanding 34.1 33.8 34.0 33.8
Effect of dilutive securities:        
Stock options and units 0.1 0.3 0.2 0.3
Diluted weighted-average common shares outstanding 34.2 34.1 34.2 34.1
Other comprehensive income (loss):        
Foreign currency translation $ 9.1 $ (25.8) $ 16.0 $ (29.3)
Changes in unrealized pension cost, net of tax 1.0 0.7 1.2 1.2
Other comprehensive income (loss) 10.1 (25.1) 17.2 (28.1)
Comprehensive income $ 73.6 $ 9.7 $ 119.8 $ 38.8