XML 50 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jul. 01, 2018
Jun. 30, 2019
Jul. 01, 2018
Consolidated Statements of Operations        
Net Sales $ 416.8 $ 407.9 $ 805.5 $ 786.4
Cost of goods sold 242.2 238.5 466.7 460.3
GROSS PROFIT 174.6 169.4 338.8 326.1
Selling, general and administrative expenses 119.0 117.2 235.1 230.0
Restructuring 1.3   2.7  
OPERATING INCOME 54.3 52.2 101.0 96.1
Other (income) expense:        
Interest income (0.1) (0.1) (0.2) (0.5)
Interest expense 3.7 4.4 7.3 8.7
Other expense, net (0.1) (1.8) 0.4 (1.1)
Total other expense 3.5 2.5 7.5 7.1
INCOME BEFORE INCOME TAXES 50.8 49.7 93.5 89.0
Provision for income taxes 14.4 13.7 26.1 24.8
NET INCOME $ 36.4 $ 36.0 $ 67.4 $ 64.2
BASIC EPS        
NET INCOME PER SHARE $ 1.06 $ 1.05 $ 1.97 $ 1.87
Weighted average number of shares (in shares) 34.1 34.4 34.1 34.4
DILUTED EPS        
NET INCOME PER SHARE $ 1.06 $ 1.05 $ 1.97 $ 1.87
Weighted average number of shares (in shares) 34.2 34.4 34.2 34.4
Dividends declared per share (in dollars per share) $ 0.23 $ 0.21 $ 0.44 $ 0.40