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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Total net sales $ 1,162.2 $ 1,508.7 $ 2,571.7 $ 3,030.6
Total cost of sales 947.4 1,230.5 2,083.1 2,474.1
Total gross profit 214.8 278.2 488.6 556.5
Selling, general and administrative expenses (exclusive of depreciation and amortization) 156.0 199.0 335.1 398.6
Restructuring, impairment and other expense-net (Note 6) 28.5 16.0 60.4 33.1
Depreciation and amortization 38.2 40.0 79.0 82.7
Other operating expense (income) 8.0 2.3 21.2 (2.1)
(Loss) income from operations (15.9) 20.9 (7.1) 44.2
Interest expense-net 34.6 38.1 68.5 78.2
Investment and other income-net (3.4) (2.2) (7.2) (6.7)
Loss on debt extinguishment 0.4   0.2  
Loss before income taxes (47.5) (15.0) (68.6) (27.3)
Income tax expense (benefit) 9.7 (7.6) 1.5 (11.4)
Net loss (57.2) (7.4) (70.1) (15.9)
Less: (loss) income attributable to noncontrolling interests   (0.4) 0.1 (0.1)
Net loss attributable to RRD common stockholders $ (57.2) $ (7.0) $ (70.2) $ (15.8)
Net loss per share attributable to RRD common stockholders (Note 10):        
Basic net loss per share $ (0.79) $ (0.10) $ (0.98) $ (0.22)
Diluted net loss per share $ (0.79) $ (0.10) $ (0.98) $ (0.22)
Weighted average number of common shares outstanding:        
Basic 72.2 71.3 71.9 71.0
Diluted 72.2 71.3 71.9 71.0
Products        
Total net sales $ 947.6 $ 1,214.7 $ 2,093.1 $ 2,445.6
Total cost of sales 773.5 994.1 1,696.3 2,002.9
Total gross profit 174.1 220.6 396.8 442.7
Services        
Total net sales 214.6 294.0 478.6 585.0
Total cost of sales 173.9 236.4 386.8 471.2
Total gross profit $ 40.7 $ 57.6 $ 91.8 $ 113.8