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Selected Quarterly Data (unaudited)
 12 Months Ended
Dec. 31, 2019
Selected Quarterly Financial Information [Abstract]  
Selected Quarterly Data Selected Quarterly Data (Unaudited)
The following tables present 2019 and 2018 quarterly financial information:
 
2019
In millions, except per-share data
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Full
Year
Net sales
$
688.9

$
799.5

$
713.6

$
755.2

$
2,957.2

Gross profit
235.6

286.7

255.0

274.2

1,051.5

Operating income
67.6

133.8

108.8

122.3

432.5

Net income from continuing operations
52.4

115.1

91.3

102.9

361.7

(Loss) income from discontinued operations, net of tax
(1.1
)
(0.8
)
1.0

(5.1
)
(6.0
)
Net income
51.3

114.3

92.3

97.8

355.7

Earnings (loss) per ordinary share (1)
 
 
 
 
 
Basic
 
 
 
 
 
Continuing operations
$
0.31

$
0.68

$
0.54

$
0.61

$
2.14

Discontinued operations
(0.01
)
(0.01
)
0.01

(0.03
)
(0.04
)
Basic earnings per ordinary share
$
0.30

$
0.67

$
0.55

$
0.58

$
2.10

Diluted
 
 
 
 
 
Continuing operations
$
0.30

$
0.68

$
0.54

$
0.61

$
2.12

Discontinued operations
—

(0.01
)
0.01

(0.03
)
(0.03
)
Diluted earnings per ordinary share
$
0.30

$
0.67

$
0.55

$
0.58

$
2.09



(1) 
Amounts may not total to annual earnings because each quarter and year are calculated separately based on basic and diluted weighted-average ordinary shares outstanding during that period.

 
2018
In millions, except per-share data
First
Quarter
Second
Quarter
 
Third
Quarter
Fourth
Quarter
Full
Year
Net sales
$
732.6

$
780.6

 
$
711.4

$
740.5

$
2,965.1

Gross profit
253.3

282.6

 
243.8

268.0

1,047.7

Operating income
92.7

122.6

 
108.4

113.0

436.7

Net income from continuing operations
58.4

77.9

(1) 
91.2

94.2

321.7

Income (loss) from discontinued operations, net of tax
44.5

(36.4
)
 
18.9

(1.3
)
25.7

Net income
102.9

41.5

 
110.1

92.9

347.4

Earnings (loss) per ordinary share (2)
 
 
 
 
 
 
Basic
 
 
 
 
 
 
Continuing operations
$
0.33

$
0.44

 
$
0.52

$
0.55

$
1.83

Discontinued operations
0.24

(0.21
)
 
0.11

(0.01
)
0.15

Basic earnings per ordinary share
$
0.57

$
0.23

 
$
0.63

$
0.54

$
1.98

Diluted
 
 
 
 
 
 
Continuing operations
$
0.32

$
0.44

 
$
0.52

$
0.54

$
1.81

Discontinued operations
0.25

(0.21
)
 
0.11

(0.01
)
0.15

Diluted earnings per ordinary share
$
0.57

$
0.23

 
$
0.63

$
0.53

$
1.96


(1) 
Includes decrease of $17.1 million related to loss on early extinguishment of debt.
(2) 
Amounts may not total to annual earnings because each quarter and year are calculated separately based on basic and diluted weighted-average ordinary shares outstanding during that period.