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Quarterly Financial Data ( Unaudited) (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data

 

     First
Quarter
2014
     Second
Quarter
2014
     Third
Quarter
2014
     Fourth
Quarter
2014
 

Net sales

   $ 935,036       $ 1,066,256       $ 1,000,427       $ 827,895   

Gross profit

     337,711         411,651         362,487         285,420   

Operating income (a)(b)

     146,535         203,655         151,041         76,218   

Net income (c)

     64,487         28,043         96,431         47,811   

Basic earnings per share

   $ 0.35       $ 0.15       $ 0.51       $ 0.25   

Diluted earnings per share

   $ 0.34       $ 0.15       $ 0.50       $ 0.25   
     First
Quarter
2013
     Second
Quarter

2013
     Third
Quarter
2013
     Fourth
Quarter
2013
 

Net sales

   $ 804,689       $ 940,859       $ 888,011       $ 846,558   

Gross profit

     265,074         333,824         310,199         291,843   

Operating income (a)(b)(d)

     75,425         94,304         99,842         60,143   

Net income (loss) (c)

     15,900         1,121         11,287         (8,912

Basic earnings (loss) per share

   $ 0.10       $ 0.01       $ 0.07       $ (0.05

Diluted earnings (loss) per share

   $ 0.10       $ 0.01       $ 0.07       $ (0.05

 

(a) Operating income for each quarter in 2014 included charges (adjustments to prior charges) related to asset impairments of, in chronological order, $0, $7,229, $7,000 and ($2,133). Operating income for each quarter in 2013 included charges related to asset impairments of, in chronological order, $5,634, $28,848, $7,320 and $3,727.
(b) Operating income for each quarter in 2014 included charges related to restructuring costs of, in chronological order, $1,980, $2,309, $7,388 and $7,590. Operating income for each quarter in 2013 included pretax net restructuring costs of, in chronological order, $1,803, $9,730, $4,900 and $5,671.
(c) Net income for the second quarter of 2014 included an after-tax premium on the redemption of debt of $58.2 million. Net loss for the fourth quarter of 2013 included an after-tax premium on the redemption of debt of $20.5 million.
(d) Operating income for the fourth quarter of 2013 included a pretax charge of $20.2 million related to terminating the Carlyle management agreement.