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Equity Investment
3 Months Ended
Mar. 31, 2016
Equity Investment [Abstract]  
Equity Investment

NOTE 7.  EQUITY INVESTMENT

Investment in joint venture at March 31, 2016 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

 



 

March 31,

 



 

2016

 

2015

 

Net sales

 

$93.9 

 

$86.6 

 

Gross profit

 

50.3 

 

40.8 

 

Net earnings

 

39.2 

 

30.5