XML 17 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE (LOSS) INCOME (UNAUDITED) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Income Statement [Abstract]        
Net sales $ 339.4 $ 347.0 $ 1,021.4 $ 1,034.8
Cost of sales 123.8 127.0 365.5 367.1
Gross profit 215.6 220.0 655.9 667.7
Selling, general and administrative expenses 174.4 174.7 500.0 524.4
Restructuring charges and other, net (1.5) 21.0 1.8 21.0
Operating income 42.7 24.3 154.1 122.3
Other expenses, net:        
Interest expense 17.8 21.4 55.5 64.1
Amortization of debt issuance costs 0.8 0.9 2.2 2.6
Loss on early extinguishment of debt 0.2 0 28.1 0
Foreign currency losses (gains), net 0.4 (0.1) 2.9 2.0
Miscellaneous, net 0.5 0.1 0.5 0.4
Other expenses, net 19.7 22.3 89.2 69.1
Income from continuing operations before income taxes 23.0 2.0 64.9 53.2
Provision for income taxes 13.0 12.0 32.4 33.1
Income (loss) from continuing operations, net of taxes 10.0 (10.0) 32.5 20.1
Income from discontinued operations, net of taxes 0 0 0.3 0.4
Net income (loss) 10.0 (10.0) 32.8 20.5
Other comprehensive income (loss):        
Currency translation adjustment, net of tax 1.1 [1] (1.9) [1] (3.6) [1] 0.3 [1]
Amortization of pension related costs, net of tax 2.0 [2],[3] 1.8 [2],[3] 5.8 [2],[3] 7.5 [2],[3]
Other comprehensive income (loss) 3.1 (0.1) 2.2 [4] 7.8
Total comprehensive income (loss) $ 13.1 $ (10.1) $ 35.0 $ 28.3
[1] Net of tax expense (benefit) of $0.9 million and $(0.7) million for the three months ended September 30, 2013 and 2012, respectively, and $3.2 million and $0.7 million for the nine months ended September 30, 2013 and 2012, respectively.
[2] This other comprehensive income component is included in the computation of net periodic benefit (income) costs. See Note 2, “Pension and Post-Retirement Benefits,” for additional information regarding net periodic benefit (income) costs.
[3] Net of tax benefit of $(0.2) million for the three months ended September 30, 2013 and 2012 and $(0.9) million and $(0.7) million for the nine months ended September 30, 2013 and 2012, respectively.
[4] See Note 7, “Accumulated Other Comprehensive Loss,” regarding the changes in the accumulated balances for each component of other comprehensive income during the first nine months of 2013.