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Unaudited Quarterly Results
12 Months Ended
Feb. 24, 2017
Unaudited Quarterly Results [Abstract]  
Unaudited Quarterly Results
UNAUDITED QUARTERLY RESULTS
Unaudited Quarterly Results
First  
Quarter  
Second  
Quarter  
Third  
Quarter  
Fourth  
Quarter  
Total  
2017
 
 
 
 
 
 
 
 
 
 
Revenue
$
718.8

 
$
758.0

 
$
786.5

 
$
769.1

 
$
3,032.4

 
Gross profit
229.8

 
263.1

 
261.9

 
255.6

 
1,010.4

 
Operating income
33.3

 
61.9

 
54.6

 
50.4

 
200.2

 
Net income
19.4

 
38.2

 
41.2

 
25.8

 
124.6

 
Basic earnings per share
0.16

 
0.32

 
0.34

 
0.22

 
1.03

 
Diluted earnings per share
0.16

 
0.31

 
0.34

 
0.21

 
1.03

 
2016
 
 
 
 
 
 
 
 
 
 
Revenue
$
705.5

 
$
819.0

 
$
787.6

 
$
747.9

 
$
3,060.0

 
Gross profit
216.6

 
266.8

 
253.5

 
234.3

 
971.2

 
Operating income
33.5

 
60.1

 
55.2

 
25.8

 
174.6

 
Net income
20.0

 
37.2

 
35.6

 
77.5

 
170.3

 
Basic earnings per share
0.16

 
0.30

 
0.29

 
0.63

 
1.37

 
Diluted earnings per share
0.16

 
0.30

 
0.28

 
0.62

 
1.36

 

Revenue comparisons have been impacted by currency translation effects along with acquisitions and divestitures. In addition, operating income has been significantly impacted by restructuring costs. See Note 19 for further details.