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Quarterly Results of Operations (Tables)
12 Months Ended
Dec. 31, 2016
Selected Quarterly Financial Information [Abstract]  
Quarterly Results of Operations

 

 

Quarter ended

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

 

(In millions, except per share data)

 

Year ended December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

$

365.1

 

 

$

360.2

 

 

$

336.5

 

 

$

287.0

 

Gross margin

 

77.4

 

 

 

46.5

 

 

 

43.2

 

 

 

25.2

 

Net income (loss)

 

18.4

 

 

 

(159.8

)

 

 

(11.8

)

 

 

(20.4

)

Basic and diluted income (loss) per share

$

.16

 

 

$

(1.38

)

 

$

(.10

)

 

$

(.18

)

Year ended December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

$

318.4

 

 

$

356.1

 

 

$

356.1

 

 

$

333.7

 

Gross margin

 

40.4

 

 

 

55.5

 

 

 

75.5

 

 

 

85.6

 

Net income (loss)

 

(3.8

)

 

 

1.7

 

 

 

22.2

 

 

 

23.2

 

Basic and diluted income (loss) per share

$

(.03

)

 

$

.01

 

 

$

.19

 

 

$

.20