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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 27, 2019
Sep. 28, 2018
Sep. 27, 2019
Sep. 28, 2018
Net sales $ 2,222.2 $ 2,179.0 $ 6,593.3 $ 6,281.1
Cost of goods sold 1,775.8 1,754.9 5,278.0 5,053.1
Gross profit 446.4 424.1 1,315.3 1,228.0
Operating expenses 344.6 334.6 1,033.2 1,005.6
Operating income 101.8 89.5 282.1 222.4
Other expense:        
Interest expense (18.5) (19.3) (58.3) (56.5)
Other, net (1.2) (1.6) (0.1) (2.6)
Income before income taxes 82.1 68.6 223.7 163.3
Income tax expense 22.8 21.0 61.8 48.8
Net income $ 59.3 $ 47.6 $ 161.9 $ 114.5
Income per share:        
Basic $ 1.74 $ 1.41 $ 4.75 $ 3.39
Diluted $ 1.73 $ 1.40 $ 4.73 $ 3.36
Basic weighted-average common shares outstanding 34.2 33.8 34.1 33.8
Effect of dilutive securities:        
Stock options and units 0.1 0.3 0.1 0.3
Diluted weighted-average common shares outstanding 34.3 34.1 34.2 34.1
Other comprehensive (loss) income:        
Foreign currency translation $ (13.9) $ 6.5 $ 2.1 $ (22.8)
Changes in unrealized pension cost, net of tax 0.9 0.7 2.1 1.9
Other comprehensive (loss) income (13.0) 7.2 4.2 (20.9)
Comprehensive income $ 46.3 $ 54.8 $ 166.1 $ 93.6