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Quarterly Financial Information (unaudited) (Tables)
12 Months Ended
Dec. 31, 2020
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, 2020

Net sales

$

382.6

$

338.7

$

383.9

$

403.4

Gross profit

 

162.8

 

134.9

 

158.5

 

169.2

Net income

 

32.0

 

20.2

 

32.9

 

29.2

Per common share:

Basic

Net income

 

0.94

 

0.60

 

0.97

 

0.86

Diluted

Net income

 

0.94

 

0.59

 

0.97

 

0.86

Dividends declared per common share

 

0.23

 

0.23

 

0.23

 

0.23

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

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