XML 13 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 03, 2016
Mar. 29, 2015
Income Statement [Abstract]    
Net sales [1] $ 530.5 $ 565.0
Costs and expenses    
Cost of sales 324.8 345.9
Selling, general and administrative expenses 144.7 151.8
Total costs and expenses 469.5 497.7
Operating income 61.0 67.3
Interest expense, net (5.7) (5.9)
Other income (expense), net (1.3) 0.8
Income before income taxes 54.0 62.2
Provision for income taxes 15.6 18.5
Net income $ 38.4 $ 43.7
Basic earnings per common share (in USD per share) $ 1.12 $ 1.22
Weighted average common shares outstanding (in shares) 34.4 35.7
Diluted earnings per common share (in USD per share) $ 1.10 $ 1.20
Weighted average diluted common shares outstanding (in shares) 34.9 36.5
[1] (a)Net sales excludes inter-segment sales of $5.1 million and $4.9 million for the first quarter of 2016 and 2015, respectively.