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Unaudited Interim Financial Information (Tables)
12 Months Ended
Dec. 31, 2016
Unaudited Interim Financial Information

2016

   1st Qtr      2nd Qtr      3rd Qtr      4th Qtr      Year  
(dollars in millions except per share amounts)              

Net sales

   $ 873.5       $ 931.5       $ 941.9       $ 967.1       $ 3,714.0   

Cost of goods sold

     320.4         351.0         352.2         348.1         1,371.7   

Income from operations before income taxes

     142.9         207.7         112.2         200.9         663.7   

Net income

     116.2         159.2         96.4         159.6         531.4   

Basic earnings per share available to common shareholders

     1.56         2.14         1.30         2.15         7.15   

Diluted earnings per share available to common shareholders

     1.54         2.11         1.27         2.11         7.03   

 

2015

   1st Qtr      2nd Qtr     3rd Qtr     4th Qtr      Year  
(dollars in millions except per share amounts)              

Net sales

   $ 819.7       $ 859.8      $ 865.7      $ 870.8       $ 3,416.0   

Cost of goods sold

     311.2         333.7        336.3        320.0         1,301.2   

Income (loss) from operations before income taxes

     184.6         59.2        (52.4     158.0         349.4   

Net income (loss)

     139.8         (54.7     (86.0     136.3         135.4   

Basic earnings (loss) per share available to common shareholders(A)

     1.85         (0.74     (1.16     1.82         1.80   

Diluted earnings (loss) per share available to common shareholders(A)

     1.82         (0.74 )(B)      (1.16 )(B)      1.79         1.77   

 

(A) 

Total per share amounts may not add due to rounding.

(B)

Common share equivalents primarily from share-based compensation plans were not included in the computation of diluted weighted average shares outstanding because their effect would have been antidilutive.