Equity Investment

6 Months Ended

Jun. 30, 2017

Equity Method Investments And Joint Ventures [Abstract]

NOTE 7. EQUITY INVESTMENT

Investment in joint venture as of June 30, 2017 reflected our 50% equity interest in WAVE. Condensed income statement data for WAVE is summarized below. Segment results relating to WAVE, however, consist primarily of equity earnings, as we do not consolidate the sales, profit or earnings of WAVE in our results.

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2017		2016		2017		2016
Net sales	$	107.7	$	104.0	$	209.5	$	197.9
Gross profit		55.6		56.6		107.8		106.9
Net earnings		43.2		43.0		82.8		82.2