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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data

The following tables present select quarterly financial data for 2018 and 2017:

 

Historical

 

2018

 

 

2017

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

Statements of operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

386.1

 

 

$

495.3

 

 

$

450.1

 

 

$

515.3

 

 

$

305.8

 

 

$

394.6

 

 

$

399.4

 

 

$

481.5

 

Cost of sales

 

 

317.7

 

 

 

404.8

 

 

 

370.1

 

 

 

426.1

 

 

 

253.9

 

 

 

318.3

 

 

 

326.9

 

 

 

400.3

 

Gross profit

 

 

68.4

 

 

 

90.5

 

 

 

80.0

 

 

 

89.2

 

 

 

51.9

 

 

 

76.3

 

 

 

72.5

 

 

 

81.2

 

Operating income (loss)

 

 

1.7

 

 

 

24.1

 

 

 

16.9

 

 

 

(62.0

)

 

 

(21.8

)

 

 

11.9

 

 

 

9.8

 

 

 

8.5

 

Income (loss) from continuing

   operations before taxes

 

 

(6.1

)

 

 

8.7

 

 

 

0.8

 

 

 

(75.1

)

 

 

(34.5

)

 

 

3.0

 

 

 

(3.4

)

 

 

(4.6

)

Provision (benefit) for taxes

   on income

 

 

3.9

 

 

 

(1.2

)

 

 

(10.7

)

 

 

3.2

 

 

 

1.5

 

 

 

2.3

 

 

 

(13.1

)

 

 

(40.2

)

Income (loss) from continuing

   operations

 

 

(10.0

)

 

 

9.9

 

 

 

11.5

 

 

 

(78.3

)

 

 

(36.0

)

 

 

0.7

 

 

 

9.7

 

 

 

35.6

 

Loss from discontinued

   operations, net of income taxes

 

 

 

 

 

(0.2

)

 

 

 

 

 

 

 

 

 

 

 

(0.2

)

 

 

(0.1

)

 

 

(0.3

)

Net income (loss)

 

 

(10.0

)

 

 

9.7

 

 

 

11.5

 

 

 

(78.3

)

 

 

(36.0

)

 

 

0.5

 

 

 

9.6

 

 

 

35.3

 

Basic (loss) income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) income from continuing

   operations

 

$

(0.28

)

 

$

0.28

 

 

$

0.32

 

 

$

(2.20

)

 

$

(1.03

)

 

$

0.02

 

 

$

0.27

 

 

$

1.01

 

Loss from discontinued

   operations

 

 

 

 

 

(0.01

)

 

 

 

 

 

 

 

 

 

 

 

(0.01

)

 

 

 

 

 

(0.01

)

Income (loss) per share

 

$

(0.28

)

 

$

0.27

 

 

$

0.32

 

 

$

(2.20

)

 

$

(1.03

)

 

$

0.01

 

 

$

0.27

 

 

$

1.00

 

Diluted (loss) income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing

   operations

 

$

(0.28

)

 

$

0.27

 

 

$

0.32

 

 

$

(2.20

)

 

$

(1.03

)

 

$

0.02

 

 

$

0.27

 

 

$

0.98

 

Loss from discontinued

   operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.01

)

 

 

 

 

 

(0.01

)

Income (loss) per share

 

$

(0.28

)

 

$

0.27

 

 

$

0.32

 

 

$

(2.20

)

 

$

(1.03

)

 

$

0.01

 

 

$

0.27

 

 

$

0.97

 

Dividends per common share

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

 

$