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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 02, 2017
Jul. 03, 2016
Jul. 02, 2017
Jul. 03, 2016
Consolidated Statements of Operations        
Net Sales $ 378.5 $ 371.1 $ 725.7 $ 715.3
Cost of goods sold 221.8 220.4 425.2 429.4
GROSS PROFIT 156.7 150.7 300.5 285.9
Selling, general and administrative expenses 110.2 110.5 217.8 213.1
Restructuring 1.7 3.2 2.2 4.6
Gain on disposition   (8.7)   (8.7)
OPERATING INCOME 44.8 45.7 80.5 76.9
Other expense (income):        
Interest income (0.2) (0.3) (0.4) (0.5)
Interest expense 5.0 5.5 9.8 12.2
Other expense (income), net 0.2 (0.9) 0.5 (3.1)
Total other expense 5.0 4.3 9.9 8.6
INCOME BEFORE INCOME TAXES 39.8 41.4 70.6 68.3
Provision for income taxes 12.6 12.8 21.7 23.5
NET INCOME $ 27.2 $ 28.6 $ 48.9 $ 44.8
BASIC EPS        
NET INCOME PER SHARE $ 0.79 $ 0.83 $ 1.42 $ 1.30
Weighted average number of shares (in shares) 34.5 34.5 34.5 34.4
DILUTED EPS        
NET INCOME PER SHARE $ 0.79 $ 0.83 $ 1.42 $ 1.30
Weighted average number of shares (in shares) 34.5 34.5 34.5 34.5
Dividends declared per share (in dollars per share) $ 0.19 $ 0.18 $ 0.37 $ 0.35