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Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
The following table presents quarterly financial data for 2015 and 2014:
 
 
2015
 
2014
(in millions, except per share data)
 
First
 
Second
 
Third
 
Fourth
 
First
 
Second
 
Third
 
Fourth
Net sales
 
$
752.1

 
$
885.4

 
$
863.5

 
$
934.8

 
$
850.0

 
$
1,012.8

 
$
986.3

 
$
1,037.4

Gross profit
 
182.5

 
222.5

 
205.7

 
222.5

 
227.1

 
272.3

 
245.2

 
241.5

Earnings from continuing operations before taxes on earnings
 
(9.5
)
 
37.9

 
15.8

 
12.4

 
8.6

 
66.1

 
56.3

 
38.4

Discontinued operations:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

(Loss) earnings from discontinued operations, net of income taxes
 
(0.1
)
 
0.1

 
0.1

 
0.1

 
(1.0
)
 
(0.3
)
 
(0.2
)
 
0.1

Loss on sale of discontinued operations, net of income taxes
 
—

 
—

 
—

 
—

 
(9.9
)
 
—

 
(1.1
)
 
—

Net (loss) earnings
 
(8.4
)
 
23.3

 
4.8

 
43.8

 
(4.9
)
 
46.6

 
73.1

 
33.6

Less: Earnings (loss) attributable to noncontrolling interest, net of tax
 
—

 
—

 
—

 
—

 
3.9

 
—

 
—

 
—

Net (loss) earnings attributable to Manitowoc
 
$
(8.4
)
 
$
23.3

 
$
4.8

 
$
43.8

 
$
(8.8
)
 
$
46.6

 
$
73.1

 
$
33.6

Basic earnings per share:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Earnings from continuing operations attributable to Manitowoc common shareholders
 
$
(0.06
)
 
$
0.17

 
$
0.03

 
$
0.32

 
$
0.01

 
$
0.35

 
$
0.55

 
$
0.25

Discontinued operations:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loss from discontinued operations attributable to Manitowoc common shareholders
 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Loss on sale of discontinued operations, net of income taxes
 
—

 
—

 
—

 
—

 
(0.07
)
 
—

 
(0.01
)
 
—

(Loss) earnings per share attributable to Manitowoc common shareholders
 
$
(0.06
)
 
$
0.17

 
$
0.04

 
$
0.32

 
$
(0.07
)
 
$
0.35

 
$
0.54

 
$
0.25

Diluted earnings per share:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Earnings from continuing operations attributable to Manitowoc common shareholders
 
$
(0.06
)
 
$
0.17

 
$
0.03

 
$
0.32

 
$
0.01

 
$
0.34

 
$
0.54

 
$
0.24

Discontinued operations:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loss from discontinued operations attributable to Manitowoc common shareholders
 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Loss on sale of discontinued operations, net of income taxes
 
—

 
—

 
—

 
—

 
(0.07
)
 
—

 
(0.01
)
 
—

(Loss) earnings per share attributable to Manitowoc common shareholders
 
$
(0.06
)
 
$
0.17

 
$
0.03

 
$
0.32

 
$
(0.06
)
 
$
0.34

 
$
0.53

 
$
0.25

Dividends per common share
 
$
—

 
$
—

 
$
—

 
$
0.08

 
$
—

 
$
—

 
$
—

 
$
0.08