XML 58 R89.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Earnings Per Share And Shareholder's Equity - Earnings Per Share (Details) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2019
[1]
Sep. 28, 2019
[2]
Jun. 29, 2019
[3]
Mar. 30, 2019
[3]
Dec. 31, 2018
Sep. 29, 2018
[4]
Jun. 30, 2018
[5]
Mar. 31, 2018
[6]
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Numerator:                      
Net income $ (19.0) $ 92.2 $ 9.0 $ 63.9 $ 81.5 $ (67.5) $ 36.2 $ 80.8 $ 146.1 $ 131.0 $ 119.6
Denominator:                      
Basic (in shares) 136.1 136.0 136.0 135.9 135.9 137.4 138.1 140.8 136.0 137.8 142.3
Dilutive effect of share-based awards (in shares)                 0.5 0.5 0.3
Diluted (in shares) 137.0 136.8 136.5 136.2 136.3 137.4 138.7 141.4 136.5 138.3 142.6
Antidilutive share-based awards outstanding (in shares)                 1.5 1.4 0.8
[1] Includes impairment charges of $141.6 million.
 
First
Quarter
 
Second
Quarter
(2)
 
Third
Quarter
(3)
 
Fourth
Quarter
Year Ended December 31, 2018
 
 
 
 
 
 
 
Net sales
$
1,217.0

 
$
1,186.4

 
$
1,133.1

 
$
1,195.2

Gross profit
$
492.7

 
$
471.0

 
$
424.8

 
$
443.0

Change in financial assets
$
9.6

 
$
(0.6
)
 
$
(74.9
)
 
$
(122.8
)
Net income (loss)
$
80.8

 
$
36.2

 
$
(67.5
)
 
$
81.5

Earnings (loss) per share(1):
 
 
 
 
 
 
 
Basic
$
0.57

 
$
0.26

 
$
(0.49
)
 
$
0.60

Diluted
$
0.57

 
$
0.26

 
$
(0.49
)
 
$
0.60

Weighted average shares outstanding:
 
 
 
 
 
 
 
Basic
140.8

 
138.1

 
137.4

 
135.9

Diluted
141.4

 
138.7

 
137.4

 
136.3


[2] ludes impairment charges of $27.8 million and restructuring charges and other termination benefits of $12.2 million.(4) Includes animal health divestiture pre-tax gain of $71.7 million, Ranitidine market withdrawal charges of $18.4 million, acquisition-related charges and contingent consideration adjustments of $18.1 million, and impairment charges of $10.9 million.
[3]
Includes change in financial assets of $10.4 million.
[4]
Includes impairment charges of $221.8 million and restructuring charges and other termination benefits of $18.0 million.
[5]
Includes acquisition-related charges and contingent consideration adjustments of $53.2 million.
[6] The sum of individual per share amounts may not equal due to rounding.