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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Summary of Selected Quarterly Financial Data

The following table provides selected consolidated financial information from continuing operations on a quarterly basis for each quarter of 2017 and 2016. The Company’s business is seasonal and particularly sensitive to weather conditions. Interim amounts are therefore subject to significant fluctuations (in millions, except per share data).

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

Full

 

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Year

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

175.7

 

 

$

198.7

 

 

$

199.6

 

 

$

179.2

 

 

$

753.2

 

Gross margin

 

 

35.5

 

 

 

42.2

 

 

 

41.3

 

 

 

36.8

 

 

 

155.8

 

Operating expenses

 

 

37.0

 

 

 

38.1

 

 

 

38.2

 

 

 

42.4

 

 

 

155.7

 

Operating (loss) income

 

 

(1.5

)

 

 

4.1

 

 

 

3.1

 

 

 

(5.6

)

 

 

0.1

 

Net (loss) income from continuing operations

 

 

(0.9

)

 

 

2.3

 

 

 

1.3

 

 

 

(8.9

)

 

 

(6.2

)

Net (loss) income from discontinued operations

 

 

 

 

 

(0.1

)

 

 

0.1

 

 

 

(0.9

)

 

 

(0.9

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share—Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income from continuing operations

 

$

(0.04

)

 

$

0.09

 

 

$

0.05

 

 

$

(0.36

)

 

$

(0.25

)

Net (loss) income from discontinued operations

 

$

 

 

$

 

 

$

 

 

$

(0.03

)

 

$

(0.04

)

Net (loss) income

 

$

(0.04

)

 

$

0.09

 

 

$

0.05

 

 

$

(0.39

)

 

$

(0.29

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

158.8

 

 

$

197.9

 

 

$

192.8

 

 

$

164.4

 

 

$

713.9

 

Gross margin

 

 

32.0

 

 

 

42.2

 

 

 

41.4

 

 

 

35.6

 

 

 

151.2

 

Operating expenses

 

 

28.9

 

 

 

32.2

 

 

 

33.6

 

 

 

33.8

 

 

 

128.5

 

Operating income

 

 

3.1

 

 

 

10.0

 

 

 

7.8

 

 

 

1.8

 

 

 

22.7

 

Net income from continuing operations

 

 

1.5

 

 

 

5.9

 

 

 

4.8

 

 

 

1.1

 

 

 

13.3

 

Net (loss) income from discontinued operations

 

 

(0.1

)

 

 

4.5

 

 

 

(0.1

)

 

 

(1.3

)

 

 

3.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share—Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income from continuing operations

 

$

0.06

 

 

$

0.23

 

 

$

0.19

 

 

$

0.04

 

 

$

0.52

 

Net (loss) income from discontinued operations

 

$

 

 

$

0.18

 

 

$

 

 

$

(0.05

)

 

$

0.12

 

Net income (loss)

 

$

0.06

 

 

$

0.41

 

 

$

0.19

 

 

$

(0.01

)

 

$

0.64