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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Data (Unaudited)  
Quarterly Financial Data (Unaudited)

Note 21—Quarterly Financial Data (Unaudited)

        All prior periods Results of Operations have been retrospectively adjusted to reflect the Transportation Products business as discontinued operations.

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

2013

                               

Net sales

  $ 629.6   $ 792.6   $ 796.8   $ 724.0   $ 2,943.0  

Gross profit

  $ 152.4   $ 207.1   $ 200.3   $ 185.8   $ 745.6  

Other expenses

  $ 97.0   $ 97.7   $ 90.7   $ 93.4   $ 378.8  

Earnings before interest and income taxes

  $ 55.4   $ 109.4   $ 109.6   $ 92.4   $ 366.8  

Income from continuing operations, net of tax

  $ 44.3   $ 64.3   $ 66.4   $ 60.2   $ 235.2  

Basic earnings per share from continuing operations

  $ 0.70   $ 1.01   $ 1.04   $ 0.94   $ 3.69  

Diluted earnings per share from continuing operations

  $ 0.68   $ 0.99   $ 1.02   $ 0.92   $ 3.61  
                       

Income (loss) from discontinued operations, net of tax

  $ 11.0   $ (56.2 ) $ 10.2   $ 9.5   $ (25.5 )

Basic income per share from discontinued operations

  $ 0.17   $ (0.88 ) $ 0.16   $ 0.15   $ (0.40 )

Diluted income per share from discontinued operations

  $ 0.17   $ (0.86 ) $ 0.15   $ 0.15   $ (0.39 )
                       

Net income

  $ 55.3   $ 8.1   $ 76.6   $ 69.7   $ 209.7  

Basic earnings per share

  $ 0.87   $ 0.13   $ 1.20   $ 1.09   $ 3.29  

Diluted earnings per share

  $ 0.85   $ 0.13   $ 1.17   $ 1.07   $ 3.22  
                       

Dividends per share

  $ 0.20   $ 0.20   $ 0.22   $ 0.22   $ 0.84  

Stock price:

                               

High

  $ 70.55   $ 68.12   $ 70.48   $ 80.21        

Low

  $ 59.19   $ 60.34   $ 62.00   $ 67.98        
                         

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

2012

                               

Net sales

  $ 649.4   $ 773.2   $ 745.0   $ 683.6   $ 2,851.2  

Gross profit

  $ 168.8   $ 216.5   $ 200.6   $ 181.1   $ 767.0  

Other expenses

  $ 93.5   $ 95.5   $ 97.5   $ 108.6   $ 395.1  

Earnings before interest and income taxes

  $ 75.3   $ 121.0   $ 103.1   $ 72.5   $ 371.9  

Income from continuing operations, net of tax

  $ 44.2   $ 76.1   $ 64.4   $ 44.0   $ 228.7  

Basic earnings per share from continuing operations

  $ 0.71   $ 1.21   $ 1.02   $ 0.69   $ 3.64  

Diluted earnings per share from continuing operations

  $ 0.69   $ 1.19   $ 1.00   $ 0.68   $ 3.57  
                       

Income (loss) from discontinued operations, net of tax

  $ 15.8   $ 16.7   $ 5.1   $ 3.9   $ 41.5  

Basic income per share from discontinued operations

  $ 0.25   $ 0.27   $ 0.08   $ 0.06   $ 0.66  

Diluted income per share from discontinued operations

  $ 0.25   $ 0.26   $ 0.08   $ 0.06   $ 0.65  
                       

Net income

  $ 60.0   $ 92.8   $ 69.5   $ 47.9   $ 270.2  

Basic earnings per share

  $ 0.96   $ 1.48   $ 1.10   $ 0.75   $ 4.30  

Diluted earnings per share

  $ 0.94   $ 1.45   $ 1.08   $ 0.74   $ 4.22  
                       

Dividends per share

  $ 0.18   $ 0.18   $ 0.20   $ 0.20   $ 0.76  

Stock price:

                               

High

  $ 51.16   $ 56.03   $ 55.19   $ 59.36        

Low

  $ 45.56   $ 48.69   $ 48.25   $ 51.10        
                         

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