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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Data
The table below sets forth summarized quarterly financial data for the years ended December 31, 2015 and 2014 (in millions, except per share amounts):
 
Revised First Quarter

Revised Second Quarter

Revised Third Quarter

Fourth Quarter

2015
 

 

 

 

Net sales
$
809.7

$
874.0

$
877.0

$
829.7

Cost of goods sold
$
557.9

$
590.9

$
587.0

$
562.8

Gross profit
$
251.8

$
283.1

$
290.0

$
266.9

Selling & administrative expenses

$
146.8

$
156.4

$
159.0

$
155.0

Net income
$
63.4

$
81.3

$
74.7

$
62.7

Net Income attributable to Hubbell
$
62.4

$
80.1

$
73.3

$
61.5

Earnings per share — Basic
$
1.07

$
1.39

$
1.27

$
1.06

Earnings per share — Diluted
$
1.07

$
1.37

$
1.27

$
1.06

 
Reported First Quarter

Reported Second Quarter

Reported Third Quarter

Fourth Quarter

2014
 

 

 

 

Net sales
$
759.5

$
855.8

$
895.3

$
848.8

Cost of goods sold

$
514.5

$
563.3

$
599.1

$
573.5

Gross profit
$
245.0

$
292.5

$
296.2

$
275.3

Selling & administrative expenses

$
140.2

$
148.8

$
153.4

$
149.2

Net income
$
65.3

$
90.8

$
90.5

$
80.6

Net Income attributable to Hubbell
$
64.2

$
90.2

$
89.6

$
81.3

Earnings per share — Basic
$
1.08

$
1.53

$
1.52

$
1.39

Earnings per share — Diluted
$
1.08

$
1.51

$
1.51

$
1.38