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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Sales $ 274.1 $ 367.3 $ 614.1 $ 700.1
Cost of sales 178.4 226.6 396.1 435.6
Gross profit 95.7 140.7 218.0 264.5
Selling, general, and administrative expenses 84.8 106.8 188.1 201.3
Loss on fair value remeasurement of contingent consideration 12.4 0.0 12.4 0.0
Restructuring charges 8.6 0.0 16.2 0.1
Operating profit (loss) (10.1) 33.9 1.3 63.1
Interest expense 4.6 5.5 9.5 10.7
Pension settlement charges 0.8 0.5 1.5 0.6
Other (income) expense, net 0.3 (1.0) (0.9) (1.6)
Income (loss) before income tax expense (15.8) 28.9 (8.8) 53.4
Income tax expense (benefit) (6.2) 7.2 (10.1) 13.8
Net earnings (loss) $ (9.6) $ 21.7 $ 1.3 $ 39.6
Net earnings (loss) per share:        
Basic (in dollars per share) $ (0.20) $ 0.44 $ 0.03 $ 0.81
Diluted (in dollars per share) $ (0.20) $ 0.44 $ 0.03 $ 0.80
Weighted-average common shares outstanding: (in thousands)        
Basic (in shares) 49,084,000 48,855,000 49,029,000 48,815,000
Diluted (in shares) 49,084,000 49,314,000 49,507,000 49,253,000
Other comprehensive income (loss), net of tax:        
Unrealized gains (losses) on cash flow hedge, net of amounts reclassified into earnings $ 0.4 $ (2.8) $ (4.2) $ (4.3)
Pension and other post-employment liability adjustments 0.8 0.4 (7.6) 0.5
Foreign currency translation adjustments 3.9 0.4 (5.4) 2.3
Foreign currency translation adjustments on long-term intercompany notes 3.6 2.0 2.0 (2.1)
Total other comprehensive income (loss), net 8.7 0.0 (15.2) (3.6)
Total comprehensive income (loss) $ (0.9) $ 21.7 $ (13.9) $ 36.0