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Consolidated Statements Of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 28, 2012
Jun. 29, 2012
Mar. 30, 2012
Dec. 31, 2011
Sep. 30, 2011
Jul. 01, 2011
Apr. 01, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net sales $ 1,622.2 [1] $ 1,512.6 [2] $ 1,475.2 [3] $ 1,449.5 [4] $ 1,345.9 [5] $ 1,491.1 [6] $ 1,533.5 [7] $ 1,437.7 [8] $ 6,059.5 [9] $ 5,808.2 [9] $ 4,856.0 [9]
Cost of sales                 5,434.6 [9] 5,213.9 [9] 4,316.1 [9]
Gross profit 136.7 [1] 165.4 [2] 173.7 [3] 149.1 [4] 118.2 [5] 143.7 [6] 173.6 [7] 158.8 [8] 624.9 [9] 594.3 [9] 539.9 [9]
Selling, general and administrative expenses                 425.5 [9] 379.7 [9] 332.1 [9]
Operating income                 199.4 [9] 214.6 [9] 207.8 [9]
Other income (expense)                 (2.9) [9] (31.7) [9] (28.1) [9]
Interest income (expense):                      
Interest expense                 (106.8) [9] (99.2) [9] (77.0) [9]
Interest income                 6.5 [9] 7.7 [9] 5.4 [9]
Loss on extinguishment of debt                 (9.3) [9] 0 [9] 0 [9]
Interest income (expense), total                 (109.6) [9] (91.5) [9] (71.6) [9]
Income before income taxes                 86.9 [9] 91.4 [9] 108.1 [9]
Income tax provision                 (78.6) [9] (38.6) [9] (45.9) [9]
Equity in net earnings of affiliated companies                 1.7 [9] 2.9 [9] 1.4 [9]
Net income including noncontrolling interest                 10.0 [9] 55.7 [9] 63.6 [9]
Less: preferred stock dividends                 0.3 [9] 0.3 [9] 0.3 [9]
Less: net income attributable to noncontrolling interest                 5.7 [10],[9] 0.9 [10],[9] 7.1 [9]
Net income attributable to Company common shareholders (15.7) [1] (22.9) [2] 17.7 [3] 24.9 [4] (3.2) [5] (8.4) [6] 34.6 [7] 31.5 [8] 4.0 [11],[9] 54.5 [11],[9] 56.2 [11],[9]
EPS                      
Earnings per common share - basic $ (0.32) [1] $ (0.46) [2] $ 0.36 [3] $ 0.50 [4] $ (0.06) [5] $ (0.16) [6] $ 0.66 [7] $ 0.60 [8] $ 0.08 [12],[9] $ 1.05 [12],[9] $ 1.08 [12],[9]
Weighted average common shares-basic                 49.7 [12],[13],[9] 51.9 [12],[13],[9] 52.1 [12],[13],[9]
Earnings per common share - assuming dilution $ (0.32) [1] $ (0.46) [2] $ 0.35 [3] $ 0.49 [4] $ (0.06) [5] $ (0.16) [6] $ 0.63 [7] $ 0.58 [8] $ 0.08 [9] $ 1.02 [9] $ 1.06 [9]
Weighted average common shares-assuming dilution                 51.1 [13],[9] 53.7 [13],[9] 53.1 [13],[9]
Comprehensive income (loss):                      
Net income (loss) including noncontrolling interest                 10.0 [9] 55.7 [9] 63.6 [9]
Currency translation gain (loss)                 9.9 [9] (60.6) [9] (9.4) [9]
Defined benefit plan adjustments, net of tax                 (21.3) [9] (18.0) [9] (2.3) [9]
Change in fair value of derivatives, net of tax                 6.0 [9] (37.6) [9] 21.5 [9]
Comprehensive income (loss), net of tax                 4.6 [9] (60.5) [9] 73.4 [9]
Comprehensive income (loss) attributable to noncontrolling interest, net of tax                 7.5 [9] (5.1) [9] (12.8) [9]
Comprehensive income (loss) attributable to Company common shareholders interest, net of tax                 $ (2.9) [9] $ (55.4) [9] $ 86.2 [9]
[1] In the above table, the “As Originally Filed” rows correspond to Note 21 - Quarterly Operating Results (Unaudited) as stated in the Form 10-K for the fiscal year ended December 31, 2012 filed by the Company on March 1, 2013.
[2] In the above table, the “As Originally Filed” rows correspond to Form 10-Q for the fiscal quarter ended September 28, 2012 filed by the Company on March 1, 2013.
[3] In the above table, the “As Originally Filed” rows correspond to Form 10-Q for the fiscal quarter ended June 29, 2012 filed by the Company on August 3, 2012. The “Restatement #1” rows correspond to Form 10-Q/A for the fiscal quarter ended June 29, 2012 filed by the Company on March 1, 2013.
[4] In the above table, the “As Originally Filed” rows correspond to Form 10-Q for the fiscal quarter ended March 30, 2012 filed by the Company on May 4, 2012. The “Restatement #1” rows correspond to Form 10-Q/A for the fiscal quarter ended March 30, 2012 filed by the Company on March 1, 2013.
[5] In the above table, the “As Originally Filed” rows correspond to Note 20 - Quarterly Operating Results (Unaudited) as stated in the Form 10-K for the fiscal year ended December 31, 2011 filed by the Company on February 23, 2012. The “Restatement #1” rows correspond to Note 21 - Quarterly Operating Results (Unaudited) as stated in the Form 10-K/A for the fiscal year ended December 31, 2011 filed by the Company on March 1, 2013.
[6] In the above table, the “As Originally Filed” rows correspond to Form 10-Q for the fiscal quarter ended September 30, 2011 filed by the Company on November 3, 2011. The “Restatement #1” rows correspond to Form 10-Q/A for the fiscal quarter ended September 28, 2012 filed by the Company on March 1, 2013.
[7] In the above table, the “As Originally Filed” rows correspond to Form 10-Q for the fiscal quarter ended July 1, 2011 filed by the Company on August 4, 2011. The “Restatement #1” rows correspond to Form 10-Q/A for the fiscal quarter ended June 29, 2012 filed by the Company on March 1, 2013.
[8] In the above table, the “As Originally Filed” rows correspond to Form 10-Q for the fiscal quarter ended April 1, 2011 filed by the Company on May 6, 2011. The “Restatement #1” rows correspond to Form 10-Q/A for the fiscal quarter ended March 30, 2012 filed by the Company on March 1, 2013.
[9] See Note 23 - Restatement of Consolidated Financial Statements
[10] Net income before preferred stock dividend payments
[11] Numerator
[12] Under the two class method, Earnings per share — basic reflects undistributed earnings per share for both common stock and unvested share-based payment awards (restricted stock).
[13] Denominator