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Quarterly Financial Information (unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information (unaudited)  
Schedule of Quarterly Financial Information

 

 

First

 

Second

 

Third

 

Fourth

 

 

    

Quarter

    

Quarter

    

Quarter

    

Quarter

 

 

 

(in millions, except per share information)

 

Year ended December 31,  2016

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

344.2

 

$

371.1

 

$

341.1

 

$

342.0

 

Gross profit

 

 

135.2

 

 

150.7

 

 

142.0

 

 

137.7

 

Net income

 

 

16.2

 

 

28.6

 

 

21.9

 

 

17.5

 

Per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income(1)

 

 

0.47

 

 

0.83

 

 

0.63

 

 

0.51

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income(1)

 

 

0.47

 

 

0.83

 

 

0.63

 

 

0.51

 

Dividends declared per common share

 

 

0.17

 

 

0.18

 

 

0.18

 

 

0.18

 

Year ended December 31,  2015

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

356.2

 

$

386.9

 

$

366.3

 

$

358.3

 

Gross profit

 

 

130.5

 

 

145.8

 

 

142.2

 

 

134.6

 

Net income (loss)

 

 

11.6

 

 

19.3

 

 

(25.7)

 

 

(118.2)

 

Per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

 

0.33

 

 

0.55

 

 

(0.73)

 

 

(3.41)

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

 

0.33

 

 

0.55

 

 

(0.73)

 

 

(3.41)

 

Dividends declared per common share

 

 

0.15

 

 

0.17

 

 

0.17

 

 

0.17

 

Four quarters may not sum to full year due to rounding.