QUARTERLY FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2016

Quarterly Data

The following is a summary of the unaudited quarterly results of operations. The Company believes that all adjustments considered necessary for a fair presentation in accordance with GAAP have been included (unaudited, in millions, except per share data).

	Quarters ended,
	March 31		June 30		September 30		December 31
2016
Net sales	$	462.1	$	474.9	$	434.3	$	468.9
Gross profit		215.1		226.7		204.7		217.7
Operating income		110.7		127.1		104.0		109.7
Income before income taxes		76.5		99.1		71.0		94.7
Net income		48.3		60.8		44.6		61.2
Basic earnings per share	$	0.28	$	0.36	$	0.27	$	0.37
Diluted earnings per share	$	0.28	$	0.36	$	0.27	$	0.36
2015
Net sales	$	503.6	$	511.0	$	493.0	$	478.2
Gross profit		239.2		236.3		236.1		222.2
Operating income		142.3		137.5		111.9		37.2
Income before income taxes		108.2		87.1		73.8		19.7
Net income		68.4		54.4		46.5		13.0
Basic earnings per share	$	0.38	$	0.30	$	0.27	$	0.08
Diluted earnings per share	$	0.38	$	0.30	$	0.27	$	0.08