Equity Investment

9 Months Ended

Sep. 30, 2015

NOTE 7. EQUITY INVESTMENT

Investment in joint venture at September 30, 2015 reflected our 50% equity interest in our Worthington Armstrong Venture (“WAVE”) joint venture with Worthington Industries, Inc. Condensed income statement data for WAVE is summarized below:


	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2015	2014	2015	2014
Net sales	$ 103.5	$ 105.8	$ 284.2	$ 298.6
Gross profit	53.4	51.6	140.9	142.3
Net earnings	42.3	40.6	108.4	109.8