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Condensed Consolidated Statements of Income (unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 1,191.8 $ 949.2 $ 2,270.2 $ 2,039.5
Cost of goods sold 861.0 668.7 1,649.6 1,445.5
Gross profit 330.8 280.5 620.6 594.0
Selling & administrative expenses 178.1 149.0 350.3 343.7
Operating income 152.7 131.5 270.3 250.3
Interest expense, net (12.7) (15.7) (27.9) (30.8)
Loss on disposition of business (6.8) 0.0 (6.8) 0.0
Loss on extinguishment of debt (16.8) 0.0 (16.8) 0.0
Other expense, net (1.0) (2.8) (1.9) (6.6)
Total other expense (37.3) (18.5) (53.4) (37.4)
Income before income taxes 115.4 113.0 216.9 212.9
Provision for income taxes 18.8 23.9 41.2 48.1
Net income 96.6 89.1 175.7 164.8
Less: Net income attributable to noncontrolling interest 0.8 0.9 2.2 1.6
Net income attributable to Hubbell Incorporated $ 95.8 $ 88.2 $ 173.5 $ 163.2
Earnings per share        
Basic (USD per share) $ 1.76 $ 1.62 $ 3.19 $ 3.00
Diluted (USD per share) 1.74 1.62 3.16 2.99
Cash dividends per common share (USD per share) $ 0.98 $ 0.91 $ 1.96 $ 1.82