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Quarterly Financial and Market Data (Unaudited)
12 Months Ended
Dec. 31, 2013
Quarterly Financial and Market Data (Unaudited)  
Quarterly Financial and Market Data (Unaudited)

Note 20 - Quarterly Financial and Market Data (Unaudited)

 

Quarterly financial and market data for the years ended December 31, 2013 and 2012 were:

 

 

 

First

 

Second

 

Third

 

Fourth

 

(In millions)

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

2013

 

 

 

 

 

 

 

 

 

Net sales

 

$

416.5

 

$

422.6

 

$

412.3

 

$

426.8

 

Gross margin

 

112.0

 

116.8

 

112.1

 

113.1

 

Operating income

 

63.0

 

71.9

 

69.0

 

67.0

 

Net income

 

43.6

 

48.5

 

48.7

 

47.1

 

 

 

 

 

 

 

 

 

 

 

Net income per common share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.43

 

$

0.49

 

$

0.49

 

$

0.47

 

Diluted

 

$

0.43

 

$

0.48

 

$

0.48

 

$

0.46

 

 

 

 

 

 

 

 

 

 

 

Market price:

 

 

 

 

 

 

 

 

 

High

 

$

30.23

 

$

35.46

 

$

39.67

 

$

44.69

 

Low

 

$

26.50

 

$

27.64

 

$

33.88

 

$

38.09

 

 

 

 

 

 

 

 

 

 

 

2012

 

 

 

 

 

 

 

 

 

Net sales

 

$

400.1

 

$

399.2

 

$

391.6

 

$

387.3

 

Gross margin

 

106.4

 

105.5

 

99.2

 

95.6

 

Other income, 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