Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Operations
Net sales	$ 1,581.3	$ 1,613.1	$ 1,865.7
Cost of sales	1,299.4	1,359.8	1,533.5
Gross profit	281.9	253.3	332.2
Operating costs and expenses:
Engineering, selling and administrative expenses	252.6	280.7	316.9
Asset impairment expense	0.1	96.9	15.3
Amortization of intangible assets	0.8	3.0	3.0
Restructuring expense	27.2	23.4	9.4
Other expense	0.1	2.6	0.0
Total operating costs and expenses	280.8	406.6	344.6
Operating income (loss)	1.1	(153.3)	(12.4)
Other income (expense):
Interest expense	(39.2)	(39.6)	(95.6)
Amortization of deferred financing fees	(1.9)	(2.2)	(4.2)
Loss on debt extinguishment	0.0	(76.3)	(0.2)
Other income — net	0.5	3.3	1.4
Total other expense	(40.6)	(114.8)	(98.6)
Loss from continuing operations before taxes	(39.5)	(268.1)	(111.0)
Provision (benefit) for taxes on income	(49.5)	100.5	(41.1)
Income (loss) from continuing operations	10.0	(368.6)	(69.9)
Discontinued operations:
Income (loss) from discontinued operations, net of income taxes of $0.0, $0.6 and $35.9, respectively	(0.6)	(7.2)	135.4
Net income (loss)	9.4	(375.8)	65.5
Amounts attributable to the Manitowoc common shareholders:
Income (loss) from continuing operations	10.0	(368.6)	(69.9)
Income (loss) from discontinued operations, net of income taxes	(0.6)	(7.2)	135.4
Net income (loss) attributable to Manitowoc common shareholders	$ 9.4	$ (375.8)	$ 65.5
Basic income (loss) per common share:
Income (loss) from continuing operations attributable to Manitowoc common shareholders (in dollars per share)	$ 0.28	$ (10.70)	$ (2.06)
Income (loss) from discontinued operations attributable to Manitowoc common shareholders (in dollars per share)	(0.02)	(0.21)	3.98
Basic income (loss) per share attributable to Manitowoc common shareholders (in dollars per share)	0.26	(10.91)	1.92
Diluted income (loss) per common share:
Income (loss) from continuing operations attributable to Manitowoc common shareholders (in dollars per share)	0.28	(10.70)	(2.06)
Income (loss) from discontinued operations attributable to Manitowoc common shareholders (in dollars per share)	(0.02)	(0.21)	3.98
Diluted income (loss) per share attributable to Manitowoc common shareholders (in dollars per share)	$ 0.26	$ (10.91)	$ 1.92

The aggregate total costs related to engineering, selling and administrative expenses. Engineering expenses pertains to improving existing products and developing new products, selling administrative expenses relate to selling a firm's product and services, as well as all other general and administrative expenses. It includes direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products. Finally general and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.

No definition available.