Quarterly Financial Information (unaudited) (Tables)

12 Months Ended

Dec. 31, 2019

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, 2019
Net sales	$	388.7	$	416.8	$	394.7	$	400.3
Gross profit		164.2		174.6		168.6		170.1
Net income		31.0		36.4		32.3		31.8
Per common share:
Basic
Net income		0.91		1.06		0.95		0.94
Diluted
Net income		0.91		1.06		0.94		0.93
Dividends declared per common share		0.21		0.23		0.23		0.23
Year ended December 31, 2018
Net sales	$	378.5	$	407.9	$	390.9	$	387.6
Gross profit		156.7		169.4		164.5		165.9
Net income		28.2		36.0		31.5		32.3
Per common share:
Basic
Net income		0.82		1.05		0.92		0.94
Diluted
Net income		0.82		1.05		0.92		0.94
Dividends declared per common share		0.19		0.21		0.21		0.21

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