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

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

Full

 

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Year

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Sales

 

$

782.0

 

 

$

808.3

 

 

$

841.8

 

 

$

865.5

 

 

$

3,297.6

 

Gross Profit

 

 

339.4

 

 

 

356.4

 

 

 

367.5

 

 

 

389.6

 

 

 

1,452.9

 

Income from Operations(1)

 

 

162.0

 

 

 

138.2

 

 

 

177.2

 

 

 

163.8

 

 

 

641.2

 

Net Income

 

 

102.6

 

 

 

88.8

 

 

 

115.9

 

 

 

106.6

 

 

 

413.9

 

Net Income per Share-Basic

 

$

0.74

 

 

$

0.66

 

 

$

0.87

 

 

$

0.80

 

 

$

3.06

 

Net Income per Share-Diluted

 

$

0.73

 

 

$

0.65

 

 

$

0.85

 

 

$

0.78

 

 

$

3.01

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Sales

 

$

779.3

 

 

$

787.6

 

 

$

804.8

 

 

$

822.6

 

 

$

3,194.3

 

Gross Profit

 

 

350.1

 

 

 

351.0

 

 

 

365.2

 

 

 

371.7

 

 

 

1,438.0

 

Income from Operations(2)

 

 

169.3

 

 

 

140.5

 

 

 

167.8

 

 

 

144.6

 

 

 

622.2

 

Net Income

 

 

107.7

 

 

 

86.6

 

 

 

107.9

 

 

 

92.2

 

 

 

394.4

 

Net Income per Share-Basic

 

$

0.78

 

 

$

0.62

 

 

$

0.78

 

 

$

0.66

 

 

$

2.85

 

Net Income per Share-Diluted

 

$

0.76

 

 

$

0.61

 

 

$

0.76

 

 

$

0.65

 

 

$

2.79

 

 

(1)

The second quarter of 2014 Income from Operations includes $5.0 of intangible asset impairment charges.

(2)

The fourth quarter of 2013 Income from Operations includes approximately $6.5 of trade name impairment charges.