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SELECTED QUARTERLY DATA (Unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
SELECTED QUARTERLY DATA (Unaudited)

16.SELECTED QUARTERLY DATA (Unaudited)

 

Selected unaudited financial data for each quarter of the last two fiscal years is presented in the tables below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Year Ended December 31, 2016

 

 

    

First

 

Second

 

Third

 

Fourth

 

 

    

Quarter

    

Quarter

    

Quarter

    

Quarter

 

 

    

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

    

$

716.7

 

$

753.1

 

$

732.7

    

$

730.4

 

Cost of sales

    

 

436.6

 

 

447.8

 

 

457.5

 

 

457.6

 

Gross profit

    

 

280.1

 

 

305.3

 

 

275.2

 

 

272.8

 

Net earnings  

    

 

82.6

 

 

84.8

 

 

83.3

 

 

60.4

 

Basic net earnings per share(1)

    

 

0.82

 

 

0.85

 

 

0.83

 

 

0.60

 

Diluted net earnings per share(1)

    

 

0.81

 

 

0.84

 

 

0.83

 

 

0.60

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Year Ended December 31, 2015

 

 

    

First

 

Second

 

Third

 

Fourth

 

 

    

Quarter

    

Quarter

    

Quarter

    

Quarter

 

 

    

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

    

$

690.0

 

$

700.6

 

$

679.8

    

$

659.2

 

Cost of sales

    

 

401.6

 

 

420.1

 

 

424.4

 

 

396.4

 

Gross profit

    

 

288.4

 

 

280.5

 

 

255.4

 

 

262.8

 

Net earnings

    

 

77.6

 

 

78.9

 

 

45.8

 

 

83.4

 

Basic net earnings per share(1)

    

 

0.74

 

 

0.76

 

 

0.44

 

 

0.81

 

Diluted net earnings per share(1)

    

 

0.74

 

 

0.75

 

 

0.44

 

 

0.81

 

 


(1)

Net earnings per share are computed individually for each quarter presented. Therefore, the sum of the quarterly net earnings per share may not necessarily equal the total for the year.