XML 58 R56.htm IDEA: XBRL DOCUMENT v2.4.0.8
Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial data
The following table presents quarterly financial data for 2013 and 2012:
 
 
2013
 
2012
(in millions, except per share data)
 
First
 
Second
 
Third
 
Fourth
 
First
 
Second
 
Third
 
Fourth
Net sales
 
$
894.6

 
$
1,037.1

 
$
1,012.1

 
$
1,104.3

 
$
845.8

 
$
993.1

 
$
946.3

 
$
1,128.1

Gross profit
 
222.1

 
276.0

 
262.1

 
261.6

 
204.5

 
253.1

 
236.4

 
249.0

Earnings from continuing operations before taxes on earnings
 
22.3

 
71.4

 
70.8

 
60.7

 
13.1

 
62.3

 
37.4

 
34.1

Discontinued operations:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loss from discontinued operations, net of income taxes
 
(4.1
)
 
(7.6
)
 
(3.2
)
 
(3.9
)
 
(3.9
)
 
(3.8
)
 
(4.2
)
 
(4.4
)
Loss on sale of discontinued operations, net of income taxes
 
(1.6
)
 
—

 
—

 
(1.1
)
 
—

 
—

 
—

 
—

Net earnings (loss)
 
8.1

 
54.5

 
50.6

 
54.4

 
(2.2
)
 
43.0

 
19.7

 
32.1

Less: Income (loss) attributable to noncontrolling interest, net of tax
 
(2.3
)
 
(3.1
)
 
(2.3
)
 
33.5

 
(1.9
)
 
(2.3
)
 
(2.5
)
 
(2.4
)
Net earnings (loss) attributable to Manitowoc
 
$
10.4

 
$
57.6

 
$
52.9

 
$
20.9

 
$
(0.3
)
 
$
45.3

 
$
22.2

 
$
34.5

Basic earnings per share:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Earnings from continuing operations attributable to Manitowoc common shareholders
 
$
0.11

 
$
0.47

 
$
0.41

 
$
0.18

 
$
0.01

 
$
0.36

 
$
0.19

 
$
0.28

Discontinued operations:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loss from discontinued operations attributable to Manitowoc common shareholders
 
(0.02
)
 
(0.04
)
 
(0.01
)
 
(0.02
)
 
(0.02
)
 
(0.01
)
 
(0.02
)
 
(0.02
)
Loss on sale of discontinued operations, net of income taxes
 
(0.01
)
 
—

 
—

 
(0.01
)
 
—

 
—

 
—

 
—

Earnings (loss) per share attributable to Manitowoc common shareholders
 
$
0.08

 
$
0.43

 
$
0.40

 
$
0.16

 
$
—

 
$
0.35

 
$
0.17

 
$
0.26

Diluted earnings per share:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Earnings from continuing operations attributable to Manitowoc common shareholders
 
$
0.11

 
$
0.46

 
$
0.40

 
$
0.18

 
$
0.01

 
$
0.35

 
$
0.18

 
$
0.27

Discontinued operations:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loss from discontinued operations attributable to Manitowoc common shareholders
 
(0.02
)
 
(0.04
)
 
(0.01
)
 
(0.02
)
 
(0.02
)
 
(0.01
)
 
(0.02
)
 
(0.02
)
Loss on sale of discontinued operations, net of income taxes
 
(0.01
)
 
—

 
—

 
(0.01
)
 
—

 
—

 
—

 
—

Earnings (loss) per share attributable to Manitowoc common shareholders
 
$
0.08

 
$
0.43

 
$
0.39

 
$
0.15

 
$
—

 
$
0.34

 
$
0.17

 
$
0.26

Dividends per common share
 
$
—

 
$
—

 
$
—

 
$
0.08

 
$
—

 
$
—

 
$
—

 
$
0.08