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Equity Investment (Tables)
6 Months Ended
Jun. 30, 2016
Equity Method Investments And Joint Ventures [Abstract]  
Summary of Investment in Joint Venture, Income Statement Data

Investment in joint venture as of June 30, 2016 reflected our 50% equity interest in WAVE.  Condensed income statement data for WAVE is summarized below: 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Net sales

 

$

104.0

 

 

$

94.1

 

 

$

197.9

 

 

$

180.7

 

Gross profit

 

 

56.6

 

 

 

46.7

 

 

 

106.9

 

 

 

87.5

 

Net earnings

 

 

43.0

 

 

 

35.6

 

 

 

82.2

 

 

 

66.1