XML 64 R45.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Selected Quarterly Financial Results (unaudited) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information |
|  | Year Ended December 31, 2017(1)
(in millions, except per-share amounts) |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Net Sales: |  |  |  |  |  |  |  |
Corporate |  | $ | 1,476.3 |  |  | $ | 1,630.7 |  |  | $ | 1,598.5 |  |  | $ | 1,641.4 |
Small Business |  | 298.7 |  |  | 321.5 |  |  | 311.5 |  |  | 314.8 |
Public: |  |  |  |  |  |  |  |
Government |  | 386.9 |  |  | 543.9 |  |  | 606.7 |  |  | 630.0 |
Education |  | 397.1 |  |  | 712.9 |  |  | 700.7 |  |  | 400.8 |
Healthcare |  | 392.5 |  |  | 417.3 |  |  | 425.5 |  |  | 423.3 |
Total Public |  | 1,176.5 |  |  | 1,674.1 |  |  | 1,732.9 |  |  | 1,454.1 |
Other |  | 373.2 |  |  | 368.1 |  |  | 391.0 |  |  | 428.3 |
Net sales |  | $ | 3,324.7 |  |  | $ | 3,994.4 |  |  | $ | 4,033.9 |  |  | $ | 3,838.6 |
Gross profit |  | $ | 552.6 |  |  | $ | 641.1 |  |  | $ | 642.0 |  |  | $ | 614.4 |
Income from operations |  | 169.8 |  |  | 231.1 |  |  | 243.7 |  |  | 221.6 |
Net income(2) |  | 57.6 |  |  | 141.0 |  |  | 129.2 |  |  | 195.2 |
Basic(3) |  | 0.36 |  |  | 0.90 |  |  | 0.84 |  |  | 1.28 |
Diluted(3) |  | 0.35 |  |  | 0.89 |  |  | 0.83 |  |  | 1.26 |
Cash dividends declared per common share |  | $ | 0.1600 |  |  | $ | 0.1600 |  |  | $ | 0.1600 |  |  | $ | 0.2100 |
|  | Year Ended December 31, 2016(1)
(in millions, except per-share amounts) |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Net Sales: |  |  |  |  |  |  |  |
Corporate(4) |  | $ | 1,414.9 |  |  | $ | 1,490.8 |  |  | $ | 1,466.4 |  |  | $ | 1,517.7 |
Small Business(4) |  | 277.4 |  |  | 288.4 |  |  | 282.5 |  |  | 291.8 |
Public: |  |  |  |  |  |  |  |
Government |  | 339.9 |  |  | 456.6 |  |  | 537.5 |  |  | 529.6 |
Education |  | 341.0 |  |  | 640.0 |  |  | 671.4 |  |  | 365.9 |
Healthcare |  | 388.5 |  |  | 450.4 |  |  | 431.7 |  |  | 436.8 |
Total Public |  | 1,069.4 |  |  | 1,547.0 |  |  | 1,640.6 |  |  | 1,332.3 |
Other |  | 355.0 |  |  | 338.4 |  |  | 318.7 |  |  | 350.5 |
Net sales |  | $ | 3,116.7 |  |  | $ | 3,664.6 |  |  | $ | 3,708.2 |  |  | $ | 3,492.4 |
Gross profit |  | $ | 524.5 |  |  | $ | 610.5 |  |  | $ | 614.3 |  |  | $ | 577.9 |
Income from operations |  | 161.0 |  |  | 223.5 |  |  | 237.5 |  |  | 197.2 |
Net income |  | 77.8 |  |  | 117.5 |  |  | 125.9 |  |  | 103.2 |
Basic(3) |  | 0.47 |  |  | 0.71 |  |  | 0.78 |  |  | 0.64 |
Diluted(3) |  | 0.46 |  |  | 0.70 |  |  | 0.76 |  |  | 0.63 |
Cash dividends declared per common share |  | $ | 0.1075 |  |  | $ | 0.1075 |  |  | $ | 0.1075 |  |  | $ | 0.1600 |
(1) | Sum of quarters may not agree to reported yearly totals due to rounding.
(2) | The fourth quarter of 2017 includes the benefit of the Tax Cuts and Jobs Act enacted during 2017. For information regarding the Tax Cuts and Jobs Act, see Note 11 (Income Taxes).
(3) | Basic and diluted net income per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted net income per share.
(4) | Amounts have been recast to present Small Business as its own operating and reportable segment.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=84173487&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration