XML 136 R51.htm IDEA: XBRL DOCUMENT v2.4.0.8
Quarterly Summary Of Earnings (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Schedule Of Quarterly Summary Of Earnings
Year ended December 31
First 1
 
Second 1
 
Third 1,2
 
Fourth 1,3,4
 
Total
2013
 
 
 
 
 
 
 
 
 
Net sales
$
860.8

 
$
879.6

 
$
877.6

 
$
859.2

 
$
3,477.2

Gross profit
179.9

 
185.3

 
179.6

 
165.1

 
709.9

Earnings from continuing operations before income taxes
68.4

 
82.4

 
90.5

 
(3.7
)
 
237.6

Earnings from continuing operations
$
49.7

 
$
59.6

 
$
66.5

 
$
10.5

 
$
186.3

Earnings (loss) from discontinued operations, net of tax
(.2
)
 
12.3

 
5.5

 
(4.2
)
 
13.4

Net earnings
49.5

 
71.9

 
72.0

 
6.3

 
199.7

(Earnings) attributable to noncontrolling interest, net of tax
(.4
)
 
(.6
)
 
(.7
)
 
(.7
)
 
(2.4
)
Net earnings attributable to Leggett & Platt, Inc. common shareholders
$
49.1

 
$
71.3

 
$
71.3

 
$
5.6

 
$
197.3

Earnings per share from continuing operations attributable to Leggett & Platt, Inc. common shareholders
 
 
 
 
 
 
 
 
 
Basic
$
.34

 
$
.41

 
$
.45

 
$
.07

 
$
1.27

Diluted
$
.33

 
$
.40

 
$
.45

 
$
.07

 
$
1.25

Earnings (loss) per share from discontinued operations attributable to Leggett & Platt, Inc. common shareholders
 
 
 
 
 
 
 
 
 
Basic
$

 
$
.08

 
$
.04

 
$
(.03
)
 
$
.09

Diluted
$

 
$
.08

 
$
.04

 
$
(.03
)
 
$
.09

Net earnings per share attributable to Leggett & Platt, Inc. common shareholders
 
 
 
 
 
 
 
 
 
Basic
$
.34

 
$
.49

 
$
.49

 
$
.04

 
$
1.36

Diluted
$
.33

 
$
.48

 
$
.49

 
$
.04

 
$
1.34

2012
 
 
 
 
 
 
 
 
 
Net sales
$
875.5

 
$
867.3

 
$
862.9

 
$
808.8

 
$
3,414.5

Gross profit
167.8

 
175.8

 
179.4

 
172.6

 
695.6

Earnings from continuing operations before income taxes
64.0

 
77.9

 
77.9

 
67.7

 
287.5

Earnings from continuing operations
$
43.8

 
$
58.0

 
$
51.1

 
$
78.9

 
$
231.8

Earnings (loss) from discontinued operations, net of tax
.7

 
7.4

 
15.5

 
(4.9
)
 
18.7

Net earnings
44.5

 
65.4

 
66.6

 
74.0

 
250.5

(Earnings) attributable to noncontrolling interest, net of tax
(.5
)
 
(.5
)
 
(.8
)
 
(.5
)
 
(2.3
)
Net earnings attributable to Leggett & Platt, Inc. common shareholders
$
44.0

 
$
64.9

 
$
65.8

 
$
73.5

 
$
248.2

Earnings per share from continuing operations attributable to Leggett & Platt, Inc. common shareholders
 
 
 
 
 
 
 
 
 
Basic
$
.30

 
$
.40

 
$
.35

 
$
.54

 
$
1.59

Diluted
$
.30

 
$
.40

 
$
.34

 
$
.53

 
$
1.57

Earnings (loss) per share from discontinued operations attributable to Leggett & Platt, Inc. common shareholders
 
 
 
 
 
 
 
 
 
Basic
$

 
$
.05

 
$
.11

 
$
(.03
)
 
$
.13

Diluted
$

 
$
.05

 
$
.11

 
$
(.03
)
 
$
.13

Net earnings per share attributable to Leggett & Platt, Inc. common shareholders
 
 
 
 
 
 
 
 
 
Basic
$
.30

 
$
.45

 
$
.46

 
$
.51

 
$
1.72

Diluted
$
.30

 
$
.45

 
$
.45

 
$
.50

 
$
1.70

__________________________________


1.
As discussed in Note B beginning on page 12 of the Notes to Consolidated Financial Statements in Exhibit 99.4 attached to this Form 8-K, amounts for 2012 and 2013 have been retrospectively adjusted to reflect the reclassification of certain businesses from continuing to discontinued operations.
2.
As discussed in Note R beginning on page 44 of the Notes to Consolidated Financial Statements in Exhibit 99.4 attached to this Form 8-K, in the third quarter of 2013 we recorded a $9 bargain purchase gain related to an acquisition.
3.
As discussed in Note C beginning on page 13 of the Notes to Consolidated Financial Statements in Exhibit 99.4 attached to this Form 8-K, in the fourth quarter of 2013 we incurred $67 of charges related to the Commercial Vehicle Products group ($63 goodwill impairment charge and $4 accelerated amortization of a customer-related intangible asset.)
4.
Net earnings for 2012 include a fourth quarter $27 net tax benefit primarily related to the release of valuation allowances on certain Canadian deferred tax assets, partially offset by withholding taxes on earnings in China.