XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 03, 2016
Jun. 28, 2015
Jul. 03, 2016
Jun. 28, 2015
Consolidated Statements of Operations        
Net Sales $ 371.1 $ 386.9 $ 715.3 $ 743.1
Cost of goods sold 220.4 241.1 429.4 466.8
GROSS PROFIT 150.7 145.8 285.9 276.3
Selling, general and administrative expenses 110.5 106.3 213.1 212.0
Restructuring and other charges, net 3.2 4.7 4.6 6.7
Gain on disposition (8.7)   (8.7)  
OPERATING INCOME 45.7 34.8 76.9 57.6
Other (income) expense:        
Interest income (0.3) (0.2) (0.5) (0.4)
Interest expense 5.5 5.9 12.2 11.8
Other income, net (0.9) (0.4) (3.1) (0.6)
Total other expense 4.3 5.3 8.6 10.8
INCOME BEFORE INCOME TAXES 41.4 29.5 68.3 46.8
Provision for income taxes 12.8 10.2 23.5 15.9
NET INCOME $ 28.6 $ 19.3 $ 44.8 $ 30.9
BASIC EPS        
NET INCOME PER SHARE $ 0.83 $ 0.55 $ 1.30 $ 0.88
Weighted average number of shares (in shares) 34.5 35.0 34.4 35.1
DILUTED EPS        
NET INCOME PER SHARE $ 0.83 $ 0.55 $ 1.30 $ 0.88
Weighted average number of shares (in shares) 34.5 35.1 34.5 35.1
Dividends per share (in dollars per share) $ 0.18 $ 0.17 $ 0.35 $ 0.32