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UNAUDITED CONSOLIDATED FINANCIAL INFORMATION (Tables)
12 Months Ended
Dec. 31, 2013
UNAUDITED CONSOLIDATED FINANCIAL INFORMATION [Abstract]  
Unaudited Interim Consolidated Financial Information
Unaudited interim consolidated financial information for the two years ended December 31, 2013 is summarized as follows:

(In millions except per share data)
 
First Quarter
  
Second Quarter
  
Third Quarter
  
Fourth Quarter
 
 
2013
 
  
  
  
 
Net sales
 
$
997.6
  
$
835.2
  
$
1,011.0
  
$
876.5
 
Total revenues
  
1,008.7
   
845.6
   
1,021.7
   
888.9
 
Gross profit
  
348.4
   
300.7
   
359.3
   
321.1
 
Operating income (loss)(1)
  
16.9
   
10.8
   
62.8
   
(44.1
)
Net (loss) income
  
0.9
   
(3.2
)
  
29.7
   
(47.1
)
 
Basic earnings (loss) per share
 
$
0.01
  
$
(0.05
)
 
$
0.39
  
$
(0.61
)
Diluted earnings (loss) per share
  
0.01
   
(0.05
)
  
0.38
   
(0.61
)
 
Dividends declared per share
 
$
0.05
  
$
0.05
  
$
0.05
  
$
0.05
 
 
2012
                
Net sales
 
$
923.4
  
$
844.3
  
$
1,024.6
  
$
958.3
 
Total revenues
  
936.0
   
854.8
   
1,035.4
   
971.9
 
Gross profit
  
343.5
   
326.2
   
364.6
   
336.5
 
Operating income (loss)(2)
  
40.2
   
21.7
   
62.7
   
(49.9
)
Net (loss) income
  
(1.0
)
  
8.4
   
17.8
   
(80.1
)
 
Basic (loss) earnings per share
 
$
(0.01
)
 
$
0.11
  
$
0.23
  
$
(1.06
)
Diluted (loss) earnings per share
  
(0.01
)
  
0.10
   
0.22
   
(1.06
)
 
Dividends declared per share
 
$
0.05
  
$
0.05
  
$
0.05
  
$
0.05
 

Quarterly figures may not add to full year due to rounding.


(1)Includes trademark impairments of $7.2 million and goodwill impairment of $49.9 million in the fourth fiscal quarter of 2013.
(2)Includes trademark impairments of $21.5 million and goodwill impairment of $47.6 million in the fourth fiscal quarter of 2012.