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Condensed Consolidated Statements of Operations (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Operations        
Net sales $ 986.3 $ 1,012.1 $ 2,849.1 $ 2,943.8
Costs and expenses:        
Cost of sales 741.1 750.0 2,104.5 2,183.6
Engineering, selling and administrative expenses 153.4 149.6 483.1 465.7
Amortization expense 8.8 8.6 26.4 26.5
Restructuring expense 1.7 0.4 4.7 1.6
Other operating expense 0 0.2 0.1 0.5
Total operating costs and expenses 905.0 908.8 2,618.8 2,677.9
Earnings from operations 81.3 103.3 230.3 265.9
Other income (expense):        
Interest expense (24.7) (31.6) (69.1) (96.8)
Amortization of deferred financing fees (1.0) (1.8) (3.3) (5.3)
Loss on debt extinguishment 0 0 (25.3) (0.4)
Other income (expense), net 0.7 0.9 (1.6) 1.1
Total other expense (25.0) (32.5) (99.3) (101.4)
Earnings from continuing operations before taxes on earnings 56.3 70.8 131.0 164.5
(Benefit) provision for taxes on income (18.1) 17.0 3.7 34.8
Earnings from continuing operations 74.4 53.8 127.3 129.7
Discontinued operations:        
Loss from discontinued operations, net of income taxes of $(0.1), $0.4, $(0.4) and $(0.9), respectively (0.2) (3.2) (1.5) (14.9)
Loss on sale of discontinued operations, net of income taxes of $(0.6), $0.0, $(0.6) and $3.3, respectively (1.1) 0 (11.0) (1.6)
Net earnings 73.1 50.6 114.8 113.2
Less: Net (loss) earnings attributable to noncontrolling interest, net of tax 0 2.3 (3.9) 7.7
Net earnings attributable to Manitowoc 73.1 52.9 110.9 120.9
Amounts attributable to the Manitowoc common shareholders:        
Earnings from continuing operations 74.4 54.2 123.0 130.7
Loss from discontinued operations, net of income taxes (0.2) (1.3) (1.1) (8.2)
Loss on sale of discontinued operations, net of income taxes (1.1) 0 (11.0) (1.6)
Net earnings attributable to Manitowoc $ 73.1 $ 52.9 $ 110.9 $ 120.9
Basic earnings (loss) per common share:        
Earnings from continuing operations attributable to Manitowoc common shareholders $ 0.55 $ 0.41 $ 0.91 $ 0.98
Loss from discontinued operations attributable to Manitowoc common shareholders $ 0.00 $ (0.01) $ (0.01) $ (0.06)
Loss on sale of discontinued operations, net of income taxes $ (0.01) $ 0.00 $ (0.08) $ (0.01)
Earnings per share attributable to Manitowoc common shareholders $ 0.54 $ 0.40 $ 0.82 $ 0.91
Diluted earnings (loss) per common share:        
Earnings from continuing operations attributable to Manitowoc common shareholders $ 0.54 $ 0.40 $ 0.89 $ 0.97
Loss from discontinued operations attributable to Manitowoc common shareholders $ 0.00 $ (0.01) $ (0.01) $ (0.06)
Loss on sale of discontinued operations, net of income taxes $ (0.01) $ 0.00 $ (0.08) $ (0.01)
Earnings per share attributable to Manitowoc common shareholders $ 0.53 $ 0.39 $ 0.81 $ 0.89
Weighted average shares outstanding — basic 135,222,411 133,079,254 134,803,784 132,798,086
Weighted average shares outstanding — diluted 137,597,804 135,304,501 137,606,011 135,141,947