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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Millions, except Per Share data, unless otherwise specified | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013
Income Statement [Abstract] |  |  |  |
Net sales | $ 715.0 | $ 660.6 | $ 1,416.9 | $ 1,050.7
Cost of sales | 446.7 | 405.7 | 879.1 | 607.4
Gross profit | 268.3 | 254.9 | 537.8 | 443.3
Selling and marketing expenses | 155.2 | 139.8 | 298.2 | 226.2
General, administrative and other expenses | 69.5 | 76.3 | 139.8 | 135.0
Equity in earnings of unconsolidated affiliates | (2.1) | (1.1) | (3.8) | (1.3)
Royalty income, net of royalty expense | (4.6) | (4.1) | (9.1) | (5.1)
Operating income | 50.3 | 44.0 | 112.7 | 88.5
Other expense, net: |  |  |  |
Interest expense, net | 23.0 | 35.7 | 45.2 | 63.6
Loss on disposal of business | 20.4 | 0 | 20.4 | 0
Other (income) expense, net | (0.5) | 1.6 | 0.5 | 3.1
Total other expense | 42.9 | 37.3 | 66.1 | 66.7
Income before income taxes | 7.4 | 6.7 | 46.6 | 21.8
Income tax provision | (9.8) | (8.8) | (21.3) | (11.4)
Net (loss) income before non-controlling interest | (2.4) | (2.1) | 25.3 | 10.4
Less: Net (loss) income attributable to non-controlling interest | (0.2) | (0.5) | 0.1 | (0.5)
Net (loss) income attributable to Tempur Sealy International, Inc. | $ (2.2) | $ (1.6) | $ 25.2 | $ 10.9
(Loss) earnings per common share: |  |  |  |
Basic (in dollars per share) | $ (0.04) | $ (0.03) | $ 0.41 | $ 0.18
Diluted (in dollars per share) | $ (0.04) | $ (0.03) | $ 0.41 | $ 0.18
Weighted average common shares outstanding: |  |  |  |
Basic (in shares) | 60.8 | 60.4 | 60.8 | 60.2
Diluted (in shares) | 60.8 | 60.4 | 61.9 | 61.5

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