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Summarized Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Summarized Quarterly Financial Information (Unaudited, in millions, except per share data)
 
 
2019
 
 
First
 
Second
 
Third
 
Fourth
(In millions, except per share amounts)
 
Quarter
 
Quarter
 
Quarter
 
Quarter
Net sales
 
$
1,112.7

 
$
1,161.0

 
$
1,218.5

 
$
1,298.9

Gross profit
 
365.2

 
378.3

 
392.0

 
429.3

Net earnings from continuing operations
 
64.3

 
25.5

 
79.5

 
124.4

(Loss) gain on sale of discontinued operations, net of tax
 
(6.8
)
 
7.7

 
(11.5
)
 
(20.1
)
Net earnings(1)
 
$
57.5

 
$
33.2

 
$
68.0

 
$
104.3

Basic:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.41

 
$
0.16

 
$
0.52

 
$
0.81

Discontinued operations
 
(0.04
)
 
0.06

 
(0.08
)
 
(0.13
)
Net earnings per common share - basic
 
$
0.37

 
$
0.22

 
$
0.44

 
$
0.68

Diluted:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.41

 
$
0.16

 
$
0.51

 
$
0.80

Discontinued operations
 
(0.04
)
 
0.05

 
(0.07
)
 
(0.13
)
Net earnings per common share - diluted
 
$
0.37

 
$
0.21

 
$
0.44

 
$
0.67

 
 
 
2018
 
 
First
 
Second
 
Third
 
Fourth
(In millions, except per share amounts)
 
Quarter
 
Quarter
 
Quarter
 
Quarter
Net sales
 
$
1,131.0

 
$
1,155.2

 
$
1,186.2

 
$
1,260.3

Gross profit
 
374.0

 
363.5

 
365.5

 
399.1

Net (loss) earnings from continuing operations
 
(208.0
)
 
83.3

 
75.6

 
199.4

Gain on sale of discontinued operations, net of tax
 
7.4

 
31.1

 
3.4

 
0.9

Net (loss) earnings
 
$
(200.6
)
 
$
114.4

 
$
79.0

 
$
200.3

Basic:
 
 
 
 
 
 
 
 
Continuing operations
 
$
(1.25
)
 
$
0.52

 
$
0.48

 
$
1.28

Discontinued operations
 
0.04

 
0.19

 
0.02

 
0.01

Net (loss) earnings per common share - basic(1)
 
$
(1.21
)
 
$
0.71

 
$
0.50

 
$
1.29

Diluted:
 
 
 
 
 
 
 
 
Continuing operations
 
$
(1.25
)
 
$
0.52

 
$
0.48

 
$
1.28

Discontinued operations
 
0.04

 
0.19

 
0.02

 

Net (loss) earnings per common share - diluted(1)
 
$
(1.21
)
 
$
0.71

 
$
0.50

 
$
1.28

 
       
(1) 
The sum of the quarterly per share amounts may not agree to the respective annual amounts due to differences in outstanding shares.