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Quarterly Operating Results (Unaudited)
 12 Months Ended
Dec. 31, 2011
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Operating Results (Unaudited)
Quarterly Operating Results (Unaudited)
The interim financial information is unaudited. In the opinion of management, the interim financial information reflects all adjustments necessary for a fair presentation of quarterly financial information. Quarterly results have been influenced by seasonal factors inherent in General Cable’s businesses. The sum of the quarters’ earnings per share amounts may not add to full year earnings per share because each quarter is calculated independently, and the sum of the quarters’ other figures may not add to the full year because of rounding. The Company's fiscal quarters consist of 13-week periods ending on the Friday nearest to the end of the calendar months of March, June and September. Summarized historical quarterly financial data for 2011 and 2010 are set forth below (in millions, except per share data):

 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2011
 
 
 
 
 
 
 
Net sales
$
1,447.6

 
$
1,532.2

 
$
1,517.8

 
$
1,369.1

Gross profit
167.0

 
174.6

 
156.4

 
127.6

Net income (loss) attributable to Company common shareholders
38.2

 
37.5

 
3.6

 
4.4

Net income (loss) attributable to Company common shareholders — for diluted EPS computation
38.3

 
37.6

 
3.7

 
4.5

Earnings (loss) per common share — basic
$
0.73

 
$
0.72

 
$
0.07

 
$
0.09

Earnings (loss) per common share — assuming dilution
$
0.70

 
$
0.68

 
$
0.07

 
$
0.09

2010
 
 
 
 
 
 
 
Net sales
$
1,098.0

 
$
1,208.6

 
$
1,200.5

 
$
1,357.8

Gross profit
137.6

 
144.7

 
125.3

 
146.4

Net income attributable to Company common shareholders
(7.8
)
 
23.8

 
18.1

 
35.0

Net income attributable to Company common shareholders — for diluted EPS computation
(7.7
)
 
23.9

 
18.2

 
35.1

Earnings per common share — basic
$
(0.15
)
 
$
0.46

 
$
0.35

 
$
0.67

Earnings per common share — assuming dilution
$
(0.15
)
 
$
0.45

 
$
0.34

 
$
0.66


Quarterly results have been impacted by changes in volume, copper and aluminum prices as well as seasonal factors inherent in the Company's businesses.