XML 51 R44.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Selected Quarterly Data (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Quarterly Financial Information | The following tables present 2014 and 2013 quarterly financial information:
| 2014
In millions, except per-share data | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Full Year
Net sales | $ | 1,644.0 |  | $ | 1,834.1 |  | $ | 1,758.4 |  | $ | 1,802.5 |  | $ | 7,039.0 |
Gross profit | 564.1 |  | 646.3 |  | 624.7 |  | 627.9 |  | 2,463.0 |
Operating income | 182.1 |  | 226.4 |  | 267.4 |  | 176.0 |  | 851.9 |
Net income from continuing operations | 125.5 |  | 159.2 |  | 192.5 |  | 129.8 |  | 607.0 |
Income (loss) from discontinued operations, net of tax | (1.3 | ) | 2.3 |  | 1.6 |  | (9.0 | ) | (6.4 | )
Loss from sale / impairment of discontinued operations, net of tax | (5.6 | ) | — |  | (380.1 | ) | — |  | (385.7 | )
Net income (loss) attributable to Pentair plc | 118.6 |  | 161.5 |  | (186.0 | ) | 120.8 |  | 214.9 |
Earnings (loss) per ordinary share attributable to Pentair plc (1) |  |  |  |  |
Basic |  |  |  |  |
Continuing operations | $ | 0.64 |  | $ | 0.82 |  | $ | 1.01 |  | $ | 0.71 |  | $ | 3.19 |
Discontinued operations | (0.04 | ) | 0.02 |  | (1.99 | ) | (0.05 | ) | (2.06 | )
Basic earnings (loss) per ordinary share attributable to Pentair plc | $ | 0.60 |  | $ | 0.84 |  | $ | (0.98 | ) | $ | 0.66 |  | $ | 1.13 |
Diluted |  |  |  |  |
Continuing operations | $ | 0.63 |  | $ | 0.81 |  | $ | 1.00 |  | $ | 0.70 |  | $ | 3.14 |
Discontinued operations | (0.04 | ) | 0.01 |  | (1.95 | ) | (0.05 | ) | (2.03 | )
Diluted earnings (loss) per ordinary share attributable to Pentair plc | $ | 0.59 |  | $ | 0.82 |  | $ | (0.95 | ) | $ | 0.65 |  | $ | 1.11 |
| 2013
In millions, except per-share data | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Full Year
Net sales | $ | 1,663.7 |  | $ | 1,791.7 |  | $ | 1,713.3 |  | $ | 1,831.0 |  | $ | 6,999.7 |
Gross profit | 497.5 |  | 627.4 |  | 614.7 |  | 630.5 |  | 2,370.1 |
Operating income | 66.4 |  | 204.9 |  | 230.0 |  | 241.3 |  | 742.6 |
Net income from continuing operations before noncontrolling interest | 46.8 |  | 139.9 |  | 166.4 |  | 164.4 |  | 517.5 |
Income (loss) from discontinued operations, net of tax | 6.5 |  | 15.5 |  | 7.8 |  | (3.9 | ) | 25.9 |
Loss from sale / impairment of discontinued operations, net of tax | — |  | — |  | — |  | (0.8 | ) | (0.8 | )
Net income attributable to Pentair plc | 51.7 |  | 154.1 |  | 172.8 |  | 158.2 |  | 536.8 |
Net income from continuing operations attributable to Pentair plc | 45.2 |  | 138.6 |  | 165.0 |  | 162.9 |  | 511.7 |
Earnings (loss) per ordinary share attributable to Pentair plc (1) |  |  |  |  |
Basic |  |  |  |  |
Continuing operations | $ | 0.22 |  | $ | 0.69 |  | $ | 0.83 |  | $ | 0.82 |  | $ | 2.54 |
Discontinued operations | 0.03 |  | 0.07 |  | 0.04 |  | (0.02 | ) | 0.13 |
Basic earnings per ordinary share attributable to Pentair plc | $ | 0.25 |  | $ | 0.76 |  | $ | 0.87 |  | $ | 0.80 |  | $ | 2.67 |
Diluted |  |  |  |  |
Continuing operations | $ | 0.22 |  | $ | 0.67 |  | $ | 0.81 |  | $ | 0.81 |  | $ | 2.50 |
Discontinued operations | 0.03 |  | 0.08 |  | 0.04 |  | (0.03 | ) | 0.12 |
Diluted earnings per ordinary share attributable to Pentair plc | $ | 0.25 |  | $ | 0.75 |  | $ | 0.85 |  | $ | 0.78 |  | $ | 2.62 |
(1) | Amounts may not total to annual earnings because each quarter and year are calculated separately based on basic and diluted weighted-average ordinary shares outstanding during that period.

X
- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and 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=35737889&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration