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Quarterly Results of Operations (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Results of Operations (Unaudited)  
Schedule of quarterly results of operations

 

($ in millions, except per share amounts)

 

First
Quarter

 

Second
Quarter

 

Third
Quarter

 

Fourth
Quarter

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$
1,923.1 

 

$
2,172.3 

 

$
2,097.0 

 

$
1,804.6 

 

$
7,997.0 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit (a)

 
304.8 

 
336.5 

 
346.0 

 
307.7 

 
1,295.0 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings before taxes

 

$
27.5 

 

$
237.8 

 

$
17.6 

 

$
62.6 

 

$
345.5 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Ball Corporation

 

$
20.7 

 

$
160.4 

 

$
44.5 

 

$
55.3 

 

$
280.9 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share (b):

 

$
0.15 

 

$
1.16 

 

$
0.32 

 

$
0.40 

 

$
2.05 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share (b):

 

$
0.15 

 

$
1.13 

 

$
0.32 

 

$
0.39 

 

$
1.99 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$
2,006.8 

 

$
2,291.9 

 

$
2,238.9 

 

$
2,032.4 

 

$
8,570.0 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit (a)

 
336.5 

 
387.9 

 
372.4 

 
336.9 

 
1,433.7 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings before taxes

 

$
144.1 

 

$
215.3 

 

$
187.9 

 

$
98.3 

 

$
645.6 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Ball Corporation

 

$
93.5 

 

$
153.1 

 

$
147.4 

 

$
76.0 

 

$
470.0 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share (b):

 

$
0.67 

 

$
1.10 

 

$
1.07 

 

$
0.56 

 

$
3.39 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share (b):

 

$
0.65 

 

$
1.07 

 

$
1.04 

 

$
0.54 

 

$
3.30 

 

 

(a)

Gross profit is shown after depreciation and amortization related to cost of sales of $241.7 million and $232.8 million for the years ended December 31, 2015 and 2014, respectively.

(b)

Earnings per share calculations for each quarter are based on the weighted average shares outstanding for that period. As a result, the sum of the quarterly amounts may not equal the annual earnings per share amount.