Restatement of Prior Period Financial Statements In connection with the preparation of our consolidated financial statements for the year ended December 31, 2014, we determined that entries recorded in the third quarter of 2014 to reduce certain accrued accounts payable balances by $8.4 million were originally recorded as a reduction of cost of goods sold but should have been recorded as an adjustment to opening accumulated deficit because the amounts giving rise to the correction originated in periods prior to January 1, 2012. While management determined that it was necessary to restate the September 30, 2014 interim period, the effect of correcting these errors was not material to opening accumulated deficit as of January 1, 2012.

As shown in the tables below, the effect of the correction of this error was a decrease of $6.9 million in opening accumulated deficit as of January 1, 2012, which resulted from a reduction in accounts payable of $8.4 million and a decrease in deferred tax assets of $1.5 million. The impact of the correction of this error for the three and nine months ended September 30, 2014 was an increase in cost of goods sold of $8.4 million, a decrease in income tax expense of $3.8 million and a decrease in net income of $4.6 million.

The following tables present the effects of the restatement on the previously issued financial statements presented herein.



	Three Months Ended							Nine Months Ended
	September 30, 2014							September 30, 2014
	(in millions, except per share data)
	As previously reported		Adjustment			As restated		As previously reported		Adjustment			As restated

Condensed Consolidated Statements of Income (Unaudited)
Cost of goods sold	$	801.7	$	8.4		$	810.1	$	2,336.5	$	8.4		$	2,344.9
Gross profit	149.1		(8.4		)	140.7		420.0		(8.4		)	411.6
Operating income	85.1		(8.4		)	76.7		237.4		(8.4		)	229.0
Income before income taxes	59.9		(8.4		)	51.5		164.0		(8.4		)	155.6
Income tax expense	11.3		(3.8		)	7.5		29.6		(3.8		)	25.8
Net income	48.6		(4.6		)	44.0		134.4		(4.6		)	129.8
Basic earnings per share	$	0.63	$	(0.06	)	$	0.57	$	1.74	$	(0.06	)	$	1.68
Diluted earnings per share	$	0.63	$	(0.06	)	$	0.57	$	1.74	$	(0.06	)	$	1.68

Condensed Consolidated Statements of Comprehensive Income (Unaudited)
Net income	$	48.6	$	(4.6	)	$	44.0	$	134.4	$	(4.6	)	$	129.8
Comprehensive income	23.4		(4.6		)	18.8		127.7		(4.6		)	123.1

Condensed Consolidated Statements of Cash Flows (Unaudited)
Net income								$	134.4	$	(4.6	)	$	129.8
Deferred income taxes								10.5		(3.8		)	6.7
Accounts payable and accrued expenses								60.0		8.4			68.4



	September 30, 2014
	As previously reported			Adjustment		As restated
	(in millions)
Condensed Consolidated Balance Sheet (Unaudited)
Prepaid expenses and other current assets	$	108.5		$	2.3	$	110.8
Total current assets	1,176.9			2.3		1,179.2
Total assets	3,225.6			2.3		3,227.9
Accumulated deficit	(46.9		)	2.3		(44.6		)
Total stockholders' equity	169.3			2.3		171.6
Total liabilities and stockholders' equity	3,225.6			2.3		3,227.9



	December 31, 2013
	As previously reported			Adjustment			As restated
	(in millions)
Condensed Consolidated Balance Sheet
Prepaid expenses and other current assets	$	123.5		$	(1.5	)	$	122.0
Total current assets	997.8			(1.5		)	996.3
Total assets	3,029.0			(1.5		)	3,027.5
Accounts payable	445.8			(8.4		)	437.4
Total current liabilities	667.1			(8.4		)	658.7
Total liabilities	2,995.4			(8.4		)	2,987.0
Accumulated deficit	(181.3		)	6.9			(174.4		)
Total stockholders' equity	33.6			6.9			40.5