Quarterly financial data (unaudited) (Tables)

12 Months Ended

Dec. 28, 2019

Quarterly Financial Information Disclosure [Abstract]

Schedule of results from quarterly operations

The following table sets forth selected unaudited quarterly financial information for the years ended December 28, 2019 and December 29, 2018. The information for each of these quarters has been prepared on the same basis as the audited consolidated financial statements included elsewhere in this annual report. These quarterly results of operations are not necessarily indicative of our results of operations to be expected for any future period.

(dollars in millions, except per share amounts)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2019
Statement of operations data:
Net sales	$	804.9	$	809.9	$	746.6	$	725.7
Gross profit	307.3		301.4		272.4		261.4
Income from continuing operations before income taxes	65.4		64.2		41.9		27.3
Net income	604.8		26.5		37.4		25.4
Net income attributable to shareholders	613.7		21.5		35.5		19.4
Basic earnings per share from continuing operations	2.12		0.07		0.12		0.07
Basic earnings per share from discontinued operations	—		—		—		—
Diluted earnings per share from continuing operations	2.08		0.07		0.12		0.07
Diluted earnings per share from discontinued operations	—		—		—		—
2018
Statement of operations data:
Net sales	$	852.0	$	875.1	$	828.4	$	792.1
Gross profit	335.9		357.5		327.2		310.0
Income from continuing operations before income taxes	41.1		104.4		74.2		83.8
Net income	29.3		92.6		66.7		82.5
Net income attributable to shareholders	24.2		85.6		59.9		75.6
Basic earnings per share from continuing operations	0.09		0.30		0.21		0.26
Basic earnings per share from discontinued operations	—		—		—		—
Diluted earnings per share from continuing operations	0.09		0.29		0.20		0.26
Diluted earnings per share from discontinued operations	—		—		—		—