XML 86 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statement of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Net sales $ 572.6 $ 427.8 $ 1,110.1 $ 789.3
Operating costs and expenses:        
Cost of sales 422.7 359.9 815.3 673.2
Depreciation and amortization 20.8 17.9 39.5 37.0
Selling and administrative 35.5 30.7 70.9 62.0
(Gain) loss on sale or impairment of long-lived assets, net (0.7) 0.1 (0.7) 0.2
Other operating credits and charges, net 5.4 0.2 7.0 0
Total operating costs and expenses 483.7 408.8 932.0 772.4
Income from operations 88.9 19.0 178.1 16.9
Non-operating income (expense):        
Interest expense, net of capitalized interest (9.8) (13.1) (20.4) (25.7)
Investment income 3.1 3.4 6.6 7.6
Early debt extinguishment 0 (52.2) 0 (52.2)
Gain on acquisition 35.9 0 35.9 0
Other non-operating items (3.6) (2.6) (4.3) (2.7)
Total non-operating expense 25.6 (64.5) 17.8 (73.0)
Income (loss) from continuing operations before taxes and equity in (income) loss of unconsolidated affiliates 114.5 (45.5) 195.9 (56.1)
Provision (benefit) for income taxes 24.4 (11.1) 47.6 (12.3)
Equity in (income) loss of unconsolidated affiliates (4.1) 2.8 (11.3) 4.6
Income (loss) from continuing operations 94.2 (37.2) 159.6 (48.4)
Loss from discontinued operations before taxes (0.2) (0.1) (0.3) (0.3)
Benefit for income taxes (0.1) 0 (0.1) (0.1)
Loss from discontinued operations (0.1) (0.1) (0.2) (0.2)
Net income (loss) $ 94.1 $ (37.3) $ 159.4 $ (48.6)
Income (loss) per share of common stock (basic):        
Income (loss) from continuing operations $ 0.68 $ (0.27) $ 1.15 $ (0.35)
Loss from discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.00
Net income (loss) per share $ 0.68 $ (0.27) $ 1.15 $ (0.35)
Net income (loss) per share of common stock (diluted):        
Income (loss) from continuing operations $ 0.65 $ (0.27) $ 1.10 $ (0.35)
Loss from discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.00
Net income (loss) per share $ 0.65 $ (0.27) $ 1.10 $ (0.35)
Average shares of stock outstanding - basic 139.1 137.0 138.8 136.8
Average shares of stock outstanding - diluted 144.1 137.0 144.3 136.8