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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Data (Unaudited)  
Schedule of quarterly financial information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in millions except per share data)

 

First

 

Second

 

Third

 

Fourth

 

Year

2016

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

Net sales

 

$

794.0

 

$

996.9

 

$

991.0

 

$

893.5

 

$

3,675.4

Gross profit

 

 

245.4

 

 

321.2

 

 

323.6

 

 

267.1

 

 

1,157.3

Earnings before interest and income taxes

 

 

110.6

 

 

178.9

 

 

36.4

 

 

115.2

 

 

441.1

Income (loss) from continuing operations

 

 

68.5

 

 

115.3

 

 

(9.5)

 

 

76.5

 

 

250.8

Net income (loss)

 

 

68.5

 

 

115.2

 

 

(9.8)

 

 

76.2

 

 

250.1

Basic earnings (loss) per share from continuing operations

 

$

1.06

 

$

1.78

 

$

(0.15)

 

$

1.18

 

$

3.87

Diluted earnings (loss) per share from continuing operations

 

$

1.05

 

$

1.75

 

$

(0.15)

 

$

1.17

 

$

3.83

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in millions except per share data)

 

First

 

Second

 

Third

 

Fourth

 

Year

2015

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

Net sales

 

$

709.3

 

$

984.6

 

$

973.1

 

$

876.2

 

$

3,543.2

Gross profit

 

 

173.0

 

 

285.4

 

 

295.5

 

 

252.8

 

 

1,006.7

Earnings before interest and income taxes

 

 

66.4

 

 

148.0

 

 

161.8

 

 

125.7

 

 

501.9

Income from continuing operations

 

 

39.5

 

 

94.8

 

 

103.6

 

 

81.7

 

 

319.6

Net income

 

 

39.4

 

 

94.9

 

 

103.6

 

 

81.8

 

 

319.7

Basic earnings per share from continuing operations

 

$

0.60

 

$

1.45

 

$

1.59

 

$

1.25

 

$

4.89

Diluted earnings per share from continuing operations

 

$

0.59

 

$

1.43

 

$

1.56

 

$

1.24

 

$

4.82

 


Note: The sum of quarterly earnings per share amounts may not equal the year due to rounding.