XML 15 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Operations (Parenthetical) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2017
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Other expense, net [1],[2] $ 5.3 $ 7.1
Cost of sales [1],[2] 726.8 1,423.6
Reclass of restructuring expenses [3] 1.1 3.0
Net earnings from discontinued operations, net of tax [3],[4] 75.1 85.7
Scenario, Adjustment    
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Other expense, net 1.3 3.2
Cost of sales 1.3 3.2
Net earnings from discontinued operations, net of tax $ 16.4 [3],[4] $ 16.4
Earning per share basic and diluted (in dollars per share) $ 0.09 [4] $ 0.09
Continuing Operations | Scenario, Adjustment    
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Reclass of restructuring expenses $ (0.9) [3] $ (0.9)
Reclass of restructuring expenses, net of tax (0.6) (0.6)
Discontinued Operations | Scenario, Adjustment    
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Reclass of restructuring expenses 0.9 0.9
Reclass of restructuring expenses, net of tax $ 0.6 $ 0.6
[1] As part of our review of costs included in the corporate segment, amounts related to division operations were identified and reclassified out of other expense, net to cost of sales. The impact for the three and six months ended June 30, 2017 was $1.3 million and $3.2 million, respectively.
[2] Due to the adoption of ASU 2017-07, certain amounts related to defined benefit and other post-employment benefit plans were reclassified from cost of sales to other expense, net. Refer to Note 2, "Recently Adopted and Issued Accounting Standards," in the Notes to Condensed Consolidated Financial Statements for more information.
[3] During the three and six months ended June 30, 2017, a reclassification of restructuring expenses from continuing operations to discontinued operations was made for $0.9 million, approximately $0.6 million net of taxes.
[4] For the three and six months ended June 30, 2017, there was a revision to net earnings from discontinued operations, net of tax, related to depreciation and amortization on Diversey assets held for sale. As a result, net earnings from discontinued operations, net of tax, increased $16.4 million and increased basic and diluted shares by $0.09 per share.