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Quarterly Financial and Market Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2012
Quarterly Financial and Market Data (Unaudited)  
Schedule of quarterly financial and market data

 

 

 

First

 

Second

 

Third

 

Fourth

 

(In millions)

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

2012

 

 

 

 

 

 

 

 

 

Net sales

 

$

400.1

 

$

399.2

 

$

391.6

 

$

387.3

 

Gross margin

 

106.4

 

105.5

 

99.2

 

95.6

 

Other (income) expense, net

 

 

(9.5

)

 

 

Operating income

 

60.6

 

73.9

 

60.0

 

54.3

 

Net income

 

39.6

 

48.0

 

39.8

 

36.9

 

 

 

 

 

 

 

 

 

 

 

Net income per common share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.40

 

$

0.48

 

$

0.40

 

$

0.37

 

Diluted

 

$

0.39

 

$

0.47

 

$

0.39

 

$

0.36

 

 

 

 

 

 

 

 

 

 

 

Market price:

 

 

 

 

 

 

 

 

 

High

 

$

26.71

 

$

27.80

 

$

26.49

 

$

27.29

 

Low

 

$

23.42

 

$

23.05

 

$

22.53

 

$

23.55

 

 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

Net sales

 

$

331.6

 

$

353.7

 

$

351.8

 

$

355.3

 

Gross margin

 

83.0

 

87.0

 

86.5

 

85.6

 

Other (income) expense, net

 

(5.7

)

 

2.7

 

 

Operating income

 

47.2

 

49.4

 

46.0

 

49.4

 

Net income

 

26.4

 

37.4

 

32.2

 

39.5

 

 

 

 

 

 

 

 

 

 

 

Net income per common share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.27

 

$

0.38

 

$

0.33

 

$

0.40

 

Diluted

 

$

0.26

 

$

0.37

 

$

0.32

 

$

0.39

 

 

 

 

 

 

 

 

 

 

 

Market price:

 

 

 

 

 

 

 

 

 

High

 

$

20.69

 

$

21.90

 

$

24.23

 

$

25.84

 

Low

 

$

17.58

 

$

18.78

 

$

18.07

 

$

21.34