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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2011
Quarterly Financial Data (Unaudited)  
Quarterly Financial Data (Unaudited)

Note 21—Quarterly Financial Data (Unaudited)

(In millions except per share data)
  First   Second   Third   Fourth   Year  

2011

                               

Net sales

  $ 693.6   $ 870.8   $ 870.5   $ 789.6   $ 3,224.5  

Gross profit

  $ 147.1   $ 183.7   $ 187.5   $ 158.8   $ 677.1  

Other expenses

  $ 91.9   $ 98.3   $ 105.7   $ 106.1   $ 402.0  

Earnings before interest and income taxes

  $ 55.2   $ 85.4   $ 81.8   $ 52.7   $ 275.1  

Income from continuing operations, net of tax

  $ 33.3   $ 55.3   $ 53.7   $ 39.6   $ 181.9  

Basic earnings per share from continuing operations

  $ 0.54   $ 0.89   $ 0.86   $ 0.64   $ 2.93  

Diluted earnings per share from continuing operations

  $ 0.53   $ 0.87   $ 0.85   $ 0.63   $ 2.88  
                       

Income (loss) from discontinued operations, net of tax

  $ 0.1   $ (0.7 ) $ (0.1 ) $ (0.9 ) $ (1.6 )

Basic income per share from discontinued operations

  $   $ (0.01 ) $   $ (0.02 ) $ (0.02 )

Diluted income per share from discontinued operations

  $   $ (0.01 ) $   $ (0.02 ) $ (0.02 )
                       

Net income

  $ 33.4   $ 54.5   $ 53.6   $ 38.8   $ 180.3  

Basic earnings per share

  $ 0.54   $ 0.88   $ 0.86   $ 0.62   $ 2.91  

Diluted earnings per share

  $ 0.53   $ 0.86   $ 0.85   $ 0.61   $ 2.86  
                       

Dividends per share

  $ 0.17   $ 0.17   $ 0.18   $ 0.18   $ 0.70  

Stock price:

                               

High

  $ 45.56   $ 50.55   $ 50.09   $ 44.74        

Low

  $ 37.36   $ 42.31   $ 31.62   $ 30.52        

 
  First   Second   Third   Fourth   Year  

2010

                               

Net sales

  $ 547.3   $ 687.6   $ 665.9   $ 626.9   $ 2,527.7  

Gross profit

  $ 112.0   $ 143.6   $ 143.6   $ 129.5   $ 528.7  

Other expenses

  $ 73.2   $ 79.6   $ 77.1   $ 102.7   $ 332.6  

Earnings before interest and income taxes

  $ 38.8   $ 64.0   $ 66.5   $ 26.8   $ 196.1  

Income from continuing operations, net of tax

  $ 23.1   $ 38.8   $ 46.8   $ 21.9   $ 130.6  

Basic earnings per share from continuing operations

  $ 0.38   $ 0.63   $ 0.76   $ 0.36   $ 2.12  

Diluted earnings per share from continuing operations

  $ 0.37   $ 0.62   $ 0.75   $ 0.35   $ 2.10  
                       

Loss from discontinued operations, net of tax

  $ 1.2   $ (0.2 )   3.7   $ 10.3   $ 15.0  

Basic loss per share from discontinued operations

  $ 0.02   $   $ 0.06   $ 0.15   $ 0.24  

Diluted loss per share from discontinued operations

  $ 0.02   $   $ 0.06   $ 0.15   $ 0.24  
                       

Net income

  $ 24.3   $ 38.6   $ 50.5   $ 32.3   $ 145.6  

Basic earnings per share

  $ 0.40   $ 0.63   $ 0.82   $ 0.52   $ 2.36  

Diluted earnings per share

  $ 0.39   $ 0.62   $ 0.81   $ 0.51   $ 2.34  
                       

Dividends per share

  $ 0.16   $ 0.16   $ 0.17   $ 0.17   $ 0.66  

Stock price:

                               

High

  $ 39.22   $ 41.74   $ 39.49   $ 41.07        

Low

  $ 33.43   $ 35.03   $ 27.97   $ 29.83        

        NOTE: The sum of the quarterly per share amounts may not agree to the respective annual amounts due to rounding.