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Quarterly Operating Results (Unaudited)
12 Months Ended
Dec. 31, 2016
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. Adjustments that are material to the quarterly operating results include the effect of the disposals of businesses, restructuring costs, long-lived asset impairment charges and SEC and DOJ related charges. Refer to Note 3 - Divestitures, Note 4 - Restructuring, Note 7 - Property, Plant and Equipment and Note 19 - Commitments and Contingencies for the effect and nature of these adjustments.
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2016
 
 
 
 
 
 
 
Net sales
$
1,002.7

 
$
1,021.2

 
$
924.5

 
$
910.0

Gross profit
110.9

 
119.2

 
102.9

 
74.1

Net income (loss) including noncontrolling interest
(4.4
)
 
28.3

 
(13.7
)
 
(103.7
)
Less: net income (loss) attributable to noncontrolling interest
0.3

 
(1.5
)
 
0.6

 
0.9

Net income (loss) attributable to Company common shareholders
(4.7
)
 
29.8

 
(14.3
)
 
(104.6
)
Net income (loss) attributable to Company common shareholders — for diluted EPS computation
(4.7
)
 
29.8

 
(14.3
)
 
(104.6
)
Earnings (loss) per common share — basic
$
(0.10
)
 
$
0.60

 
$
(0.29
)
 
$
(2.10
)
Earnings (loss) per common share — assuming dilution
$
(0.10
)
 
$
0.57

 
$
(0.29
)
 
$
(2.10
)
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2015
 
 
 
 
 
 
 
Net sales
$
1,262.3

 
$
1,202.9

 
$
1,096.4

 
$
952.9

Gross profit
120.7

 
131.5

 
115.3

 
64.9

Net income (loss) including noncontrolling interest
(40.9
)
 
(8.4
)
 
(31.8
)
 
(54.7
)
Less: net income (loss) attributable to noncontrolling interest
(2.8
)
 
(1.5
)
 
(2.8
)
 
(6.8
)
Net income (loss) attributable to Company common shareholders
(38.1
)
 
(6.9
)
 
(29.0
)
 
(47.9
)
Net income (loss) attributable to Company common shareholders — for diluted EPS computation
(38.1
)
 
(6.9
)
 
(29.0
)
 
(47.9
)
Earnings (loss) per common share — basic
$
(0.78
)
 
$
(0.14
)
 
$
(0.59
)
 
$
(0.98
)
Earnings (loss) per common share — assuming dilution
$
(0.78
)
 
$
(0.14
)
 
$
(0.59
)
 
$
(0.98
)