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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited) Quarterly Financial Data (Unaudited)
 
 
 
The table below sets forth summarized quarterly consolidated financial data for the years ended December 31, 2019 and 2018 (in millions, except per share amounts):
 
Reported First Quarter

Reported Second Quarter

Reported Third Quarter

Fourth Quarter

2019
 

 

 

 

Net sales
$
1,087.3

$
1,196.4

$
1,204.0

$
1,103.3

Cost of goods sold
$
780.0

$
839.0

$
842.0

$
777.3

Gross profit
$
307.3

$
357.4

$
362.0

$
326.0

Selling & administrative expenses
$
186.4

$
190.5

$
189.1

$
190.1

Net income
$
73.8

$
97.9

$
132.6

$
103.1

Net Income attributable to Hubbell
$
72.3

$
96.0

$
130.7

$
101.9

Earnings per share — Basic
$
1.32

$
1.76

$
2.40

$
1.87

Earnings per share — Diluted
$
1.32

$
1.75

$
2.38

$
1.85

 
 
Reported First Quarter

Reported Second Quarter

Reported Third Quarter

Fourth Quarter

2018
 

 

 

 

Net sales
$
991.2

$
1,166.7

$
1,179.7

$
1,144.1

Cost of goods sold
$
708.3

$
818.8

$
830.7

$
823.5

Gross profit
$
282.9

$
347.9

$
349.0

$
320.6

Selling & administrative expenses
$
183.3

$
191.0

$
185.2

$
184.0

Net income
$
59.8

$
102.4

$
114.7

$
89.2

Net Income attributable to Hubbell
$
58.3

$
100.3

$
113.6

$
88.0

Earnings per share — Basic
$
1.06

$
1.83

$
2.07

$
1.61

Earnings per share — Diluted
$
1.05

$
1.82

$
2.06

$
1.60