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Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data
Quarterly results of operations for the years ended December 31, 2014 and 2013, which include Sealy's results of operations from March 18, 2013 through December 31, 2013, are summarized below:
(in millions, except per share amounts)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
2014
 
 
 
 
 
 
 
Net sales
$
701.9

 
$
715.0

 
$
827.4

 
$
745.5

Gross profit
269.5

 
268.3

 
318.5

 
294.1

Operating income
62.4

 
50.3

 
87.1

 
76.5

Net income (loss)
27.4

 
(2.2
)
 
37.1

 
46.6

Basic earnings (loss) per common share
$
0.45

 
$
(0.04
)
 
$
0.61

 
$
0.77

Diluted earnings (loss) per common share
$
0.44

 
$
(0.04
)
 
$
0.60

 
$
0.75

 
 
 
 
 
 
 
 
2013
 
 
 
 
 
 
 
Net sales
$
390.1

 
$
660.6

 
$
735.5

 
$
678.1

Gross profit
188.4

 
254.9

 
298.7

 
272.9

Operating income
44.5

 
44.0

 
81.2

 
74.1

Net income
12.5

 
(1.6
)
 
40.2

 
27.5

Basic earnings (loss) per common share
$
0.21

 
$
(0.03
)
 
$
0.66

 
$
0.45

Diluted earnings (loss) per common share
$
0.20

 
$
(0.03
)
 
$
0.65

 
$
0.45