New Accounting Pronouncements (Tables)

9 Months Ended

Sep. 30, 2018

Accounting Standards Update 2014-09

Impact of Adoption of Topic 606 to Condensed Consolidated Statements of Operations and Balance Sheet

In accordance with Topic 606, the impact of adoption as compared to the prior guidance on our Condensed Consolidated Statements of Operations was an increase of $3.7 million in Total net sales and an increase of $1.8 million in Total gross profit for the three months ended September 30, 2018. The impact of adoption as compared to the prior guidance for the nine months ended September 30, 2018 was increases of $9.6 million in Total net sales and $2.7 million in Total gross profit. Additionally, the impact of adoption as compared to the prior guidance was a decrease of $71.9 million in Inventories, decrease of $87.9 million in Accrued liabilities and other and increase of $15.6 million in stockholders' equity at September 30, 2018. No other financial statement line item was materially impacted.