XML 128 R26.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
Oct. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited) SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
 
 
 
Fiscal Quarter
 
(in millions, except per share amounts)
First
 
Second
 
Third
 
Fourth
 
Year ended October 31, 2019
 
 
 
 
 
 
 
 
Revenues
$
1,607.9

 
$
1,594.7

 
$
1,647.9

 
$
1,648.0

 
Gross profit
162.0

 
180.5

 
193.9

 
194.7

 
Income from continuing operations
13.0

 
29.9

 
36.5

 
48.1

 
(Loss) income from discontinued operations, net of taxes
(0.1
)
 
(0.2
)
 
0.2

 
(0.1
)
 
Net income
$
13.0

 
$
29.7

 
$
36.8

 
$
47.9

 
 
 
 
 
 
 
 
 
 
Net income per common share — Basic
 
 
 
 
 
 
 
 
Income from continuing operations
$
0.20

 
$
0.45

 
$
0.55

 
$
0.72

 
Income from discontinued operations
—

 
—

 
—

 
—

 
Net income
$
0.20

 
$
0.45

 
$
0.55

 
$
0.72

 
 
 
 
 
 
 
 
 
 
Net income per common share — Diluted
 
 
 
 
 
 
 
 
Income from continuing operations
$
0.20

 
$
0.45

 
$
0.55

 
$
0.71

 
Income from discontinued operations
—

 
—

 
—

 
—

 
Net income
$
0.19

 
$
0.45

 
$
0.55

 
$
0.71

 
 
 
 
 
 
 
 
 
 
Year ended October 31, 2018
 
 
 
 
 
 
 
 
Revenues
$
1,588.3

 
$
1,580.8

 
$
1,624.3

 
$
1,648.8

 
Gross profit
159.0

 
175.0

 
177.6

 
183.1

 
Income from continuing operations
28.0

 
25.4

 
33.7

 
8.9

 
(Loss) income from discontinued operations, net of taxes
(0.1
)
 
1.2

 
(0.1
)
 
0.8

 
Net income
$
27.8

(1) 
$
26.6

 
$
33.6

 
$
9.7

(2) 
 
 
 
 
 
 
 
 
 
Net income per common share — Basic
 
 
 
 
 
 
 
 
Income from continuing operations
$
0.42

 
$
0.38

 
$
0.51

 
$
0.13

 
Income from discontinued operations
—

 
0.02

 
—

 
0.01

 
Net income
$
0.42

 
$
0.40

 
$
0.51

 
$
0.15

 
 
 
 
 
 
 
 
 
 
Net income per common share — Diluted
 
 
 
 
 
 
 
 
Income from continuing operations
$
0.42

 
$
0.38

 
$
0.51

 
$
0.13

 
Income from discontinued operations
—

 
0.02

 
—

 
0.01

 
Net income
$
0.42

(1) 
$
0.40

 
$
0.51

 
$
0.15

(2) 

(1)  Includes a one-time net tax benefit of $22.6 million, or $0.34 per diluted share, related to the Tax Act.
(2)  Includes goodwill and asset impairment charges of $26.5 million, or $0.40 per diluted share.