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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Net sales $ 659.3 $ 804.4 $ 1,381.4 $ 1,525.4
Cost of sales 390.7 467.5 826.2 897.5
Gross profit 268.6 336.9 555.2 627.9
Selling and marketing expenses 152.3 172.8 306.0 322.9
General, administrative and other expenses 69.0 71.9 135.5 143.6
Customer termination charges, net 0.0 0.0 14.4 0.0
Equity income in earnings of unconsolidated affiliates (4.4) (3.4) (7.1) (6.2)
Royalty income, net of royalty expense (4.9) (4.6) (9.7) (9.3)
Operating (loss) income 56.6 100.2 116.1 176.9
Other expense, net:        
Interest expense, net 22.1 23.1 44.2 44.5
Loss on extinguishment of debt 0.0 47.2 0.0 47.2
Other (income) expense, net (0.3) 0.7 (9.5) (0.3)
Total other expense, net 21.8 71.0 34.7 91.4
Income before income taxes 34.8 29.2 81.4 85.5
Income tax provision (13.1) (9.2) (27.7) (26.5)
Net income before non-controlling interests 21.7 20.0 53.7 59.0
Less: Net loss attributable to non-controlling interests (2.8) (1.3) (4.7) (1.9)
Net income attributable to Tempur Sealy International, Inc. $ 24.5 $ 21.3 $ 58.4 $ 60.9
Earnings per common share:        
Basic (in dollars per share) $ 0.45 $ 0.35 $ 1.08 $ 1.00
Diluted (in dollars per share) $ 0.45 $ 0.35 $ 1.07 $ 0.99
Weighted average common shares outstanding:        
Basic (in shares) 53.9 60.2 53.9 61.1
Diluted (in shares) 54.5 60.8 54.6 61.7