QUARTERLY FINANCIAL INFORMATION (Unaudited)

12 Months Ended

Dec. 31, 2013

QUARTERLY FINANCIAL INFORMATION (Unaudited) [Abstract]

QUARTERLY FINANCIAL INFORMATION (Unaudited)

NOTE 17 - QUARTERLY FINANCIAL INFORMATION (unaudited)

Summarized quarterly financial information for the years ended December 31, 2013, 2012 and 2011 is as follows (in millions, except per share data):

	First	Second	Third	Fourth
	Quarter	Quarter	Quarter	Quarter
2013
Sales	$ 290.1	$ 307.9	$ 329.7	$ 313.8
Gross profit	89.1	91.5	97.1	94.6
Net income	13.2	13.7	16.4	16.9
Earnings per share - basic	$ 0.92	$ 0.95	$ 1.13	$ 1.17
Earnings per share - diluted	$ 0.87	$ 0.90	$ 1.07	$ 1.10
2012
Sales	$ 252.3	$ 261.9	$ 289.9	$ 293.0
Gross profit	71.5	76.6	83.5	87.5
Net income	11.6	12.2	13.1	14.1
Earnings per share - basic	$ 0.81	$ 0.84	$ 0.91	$ 0.98
Earnings per share - diluted	$ 0.77	$ 0.80	$ 0.86	$ 0.92
2011
Sales	$ 183.1	$ 197.7	$ 207.9	$ 218.3
Gross profit	52.4	57.3	59.5	62.6
Net income	6.3	7.6	8.3	9.2
Earnings per share - basic	$ 0.44	$ 0.53	$ 0.58	$ 0.64
Earnings per share - diluted	$ 0.42	$ 0.50	$ 0.55	$ 0.61

The sum of the individual quarterly earnings per share amounts may not agree with year-to-date earnings per share as each quarter’s computation is based on the weighted average number of shares outstanding during the quarter, the weighted average stock price during the quarter and the dilutive effects of the stock options and restricted stock in each quarter.