The impact of the change from LIFO to FIFO on the Company's Condensed Consolidated Statements of Operations and Comprehensive Loss is summarized below:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2019 | | Three Months Ended September 30, 2018 | | Nine Months Ended September 30, 2018 | | As Reported | Adjustment | As Adjusted | | As Reported | Adjustment | As Adjusted | | As Reported | Adjustment | As Adjusted | | (In millions, except per share data) | Cost of sales | $ | 871.1 |
| $ | (0.5 | ) | $ | 870.6 |
| | $ | 900.2 |
| $ | 3.7 |
| $ | 903.9 |
| | $ | 2,751.4 |
| $ | 2.2 |
| $ | 2,753.6 |
| Operating (loss) income | 15.0 |
| 0.5 |
| 15.5 |
| | 42.7 |
| (3.7 | ) | 39.0 |
| | 32.6 |
| (2.2 | ) | 30.4 |
| Income tax (benefit) expense | (7.0 | ) | 0.1 |
| (6.9 | ) | | 3.9 |
| (0.9 | ) | 3.0 |
| | (12.3 | ) | (0.6 | ) | (12.9 | ) | Net (loss) income from continuing operations | (14.9 | ) | 0.4 |
| (14.5 | ) | | 15.0 |
| (2.8 | ) | 12.2 |
| | (40.2 | ) | (1.6 | ) | (41.8 | ) | Comprehensive (loss) income | (20.4 | ) | 0.4 |
| (20.0 | ) | | 12.0 |
| (2.8 | ) | 9.2 |
| | (62.6 | ) | (1.6 | ) | (64.2 | ) | Net (loss) earnings per common share from continuing operations - basic & diluted | $ | (0.27 | ) | $ | 0.01 |
| $ | (0.26 | ) | | $ | 0.27 |
| $ | (0.05 | ) | $ | 0.22 |
| | $ | (0.72 | ) | $ | (0.02 | ) | $ | (0.74 | ) |
The impact of the change on the Company's Condensed Consolidated Balance Sheets as of December 31, 2018 is as follows: | | | | | | | | | | | | | | | | December 31, 2018 | | | As Reported | | Adjustment | | As Adjusted | | | (In millions) | Inventories | | $ | 591.5 |
| | $ | 24.1 |
| | $ | 615.6 |
| Deferred income taxes | | 160.1 |
| | 6.0 |
| | 166.1 |
| Retained earnings | | 185.9 |
| | 18.1 |
| | 204.0 |
|
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