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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 28, 2020
Jun. 30, 2019
Jun. 28, 2020
Jun. 30, 2019
Consolidated Statements of Operations        
Net sales $ 338.7 $ 416.8 $ 721.3 $ 805.5
Cost of goods sold 203.8 242.2 423.6 466.7
GROSS PROFIT 134.9 174.6 297.7 338.8
Selling, general and administrative expenses 97.6 119.0 212.6 235.1
Restructuring 5.3 1.3 5.3 2.7
Other long-lived asset impairment charge 1.0   1.0  
OPERATING INCOME 31.0 54.3 78.8 101.0
Other (income) expense:        
Interest income (0.1) (0.1) (0.2) (0.2)
Interest expense 4.0 3.7 7.0 7.3
Other (income) expense (0.4) (0.1) (0.1) 0.4
Total other expense 3.5 3.5 6.7 7.5
INCOME BEFORE INCOME TAXES 27.5 50.8 72.1 93.5
Provision for income taxes 7.3 14.4 19.9 26.1
NET INCOME $ 20.2 $ 36.4 $ 52.2 $ 67.4
Basic EPS        
NET INCOME PER SHARE $ 0.60 $ 1.06 $ 1.54 $ 1.97
Weighted average number of shares 33.8 34.1 33.9 34.1
Diluted EPS        
NET INCOME PER SHARE $ 0.59 $ 1.06 $ 1.53 $ 1.97
Weighted average number of shares 34.0 34.2 34.0 34.2
Dividends declared per share $ 0.23 $ 0.23 $ 0.46 $ 0.44