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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 27, 2020
Sep. 29, 2019
Sep. 27, 2020
Sep. 29, 2019
Consolidated Statements of Operations        
Net sales $ 383.9 $ 394.7 $ 1,105.2 $ 1,200.2
Cost of goods sold 225.4 226.1 649.0 692.8
GROSS PROFIT 158.5 168.6 456.2 507.4
Selling, general and administrative expenses 106.6 119.8 319.2 354.9
Restructuring 3.4   8.7 2.7
Other long-lived asset impairment charge     1.0  
Loss on disposition 0.6   0.6  
OPERATING INCOME 47.9 48.8 126.7 149.8
Other (income) expense:        
Interest income   (0.1) (0.2) (0.3)
Interest expense 3.0 3.5 10.0 10.8
Other expense (income), net 1.1 (0.8) 1.0 (0.4)
Total other expense 4.1 2.6 10.8 10.1
INCOME BEFORE INCOME TAXES 43.8 46.2 115.9 139.7
Provision for income taxes 10.9 13.9 30.8 40.0
NET INCOME $ 32.9 $ 32.3 $ 85.1 $ 99.7
Basic EPS        
NET INCOME PER SHARE $ 0.97 $ 0.95 $ 2.51 $ 2.92
Weighted average number of shares 33.8 34.0 33.9 34.1
Diluted EPS        
NET INCOME PER SHARE $ 0.97 $ 0.94 $ 2.50 $ 2.91
Weighted average number of shares 33.9 34.2 34.0 34.2
Dividends declared per share $ 0.23 $ 0.23 $ 0.69 $ 0.67