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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Data (Unaudited)  
Schedule of quarterly financial information
 
 

 

(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