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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Sales $ 356.5 $ 327.7 $ 1,056.6 $ 947.6
Cost of sales 216.1 204.9 651.7 597.8
Gross profit 140.4 122.8 404.9 349.8
Selling, general, and administrative expenses 103.6 88.7 304.9 267.0
Restructuring charges 0.1 1.2 0.2 2.6
Operating profit 36.7 32.9 99.8 80.2
Interest expense 5.5 5.0 16.2 14.4
Loss on extinguishment of debt 0.4 0.0 0.4 1.4
Pension settlement charge 9.8 0.6 10.4 5.2
Other income, net (2.5) (0.2) (4.1) (7.0)
Income before income tax expense 23.5 27.5 76.9 66.2
Income tax expense 6.0 7.2 19.8 17.5
Net earnings $ 17.5 $ 20.3 $ 57.1 $ 48.7
Net earnings per common share attributable to Knoll, Inc. stockholders:        
Basic (in dollars per share) $ 0.36 $ 0.42 $ 1.17 $ 1.00
Diluted (in dollars per share) 0.35 0.41 1.16 0.99
Dividends per share (in dollars per share) $ 0.17 $ 0.15 $ 0.49 $ 0.45
Weighted-average number of common shares outstanding:        
Basic (in shares) 48,873,186 48,694,438 48,834,737 48,641,595
Diluted (in shares) 49,573,706 49,231,376 49,359,812 49,189,592
Other comprehensive income (loss):        
Unrealized gain (loss) on interest rate swap, net of tax and amounts reclassified into earnings $ (0.4) $ 0.9 $ (4.7) $ 2.0
Pension and other post-employment liability adjustment, net of tax (2.5) 1.1 (2.0) 9.0
Foreign currency translation adjustment (4.0) (4.6) (1.7) (10.9)
Foreign currency translation adjustment on long term intercompany notes (7.1) 3.1 (9.2) (2.5)
Total other comprehensive income (loss), net of tax (14.0) 0.5 (17.6) (2.4)
Total comprehensive income $ 3.5 $ 20.8 $ 39.5 $ 46.3