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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 665.2 $ 722.8 $ 1,487.6 $ 1,413.7
Cost of sales 399.3 409.4 864.6 818.5
Gross profit 265.9 313.4 623.0 595.2
Selling and marketing expenses 135.1 163.3 306.1 316.8
General, administrative and other expenses 82.4 72.7 163.0 143.4
Equity income in earnings of unconsolidated affiliates (5.0) (3.6) (4.8) (6.5)
Operating income 53.4 81.0 158.7 141.5
Other expense, net:        
Interest expense, net 20.6 22.5 40.9 44.9
Other expense (income), net (0.3) 0.0 (0.8) 7.8
Total other expense, net 20.9 22.5 41.7 37.1
Income from continuing operations before income taxes 32.5 58.5 117.0 104.4
Income tax provision (9.4) (15.8) (32.9) (32.7)
Income from continuing operations 23.1 42.7 84.1 71.7
Income (loss) from discontinued operations, net of tax 0.1 (1.2) (1.1) (1.6)
Net income before non-controlling interests 23.2 41.5 83.0 70.1
Less: Net income (loss) attributable to non-controlling interests 0.2 (0.1) 0.3 0.1
Net income attributable to Tempur Sealy International, Inc. $ 23.0 $ 41.6 $ 82.7 $ 70.0
Basic        
Earnings per share for continuing operations (in dollars per share) $ 0.44 $ 0.78 $ 1.60 $ 1.31
Loss per share for discontinued operations (in dollars per share) 0 (0.02) (0.02) (0.03)
Earnings per share (in dollars per share) 0.44 0.76 1.58 1.28
Diluted        
Earnings per share for continuing operations (in dollars per share) 0.44 0.76 1.58 1.29
Loss per share for discontinued operations (in dollars per share) 0 (0.02) (0.02) (0.03)
Earnings per share (in dollars per share) $ 0.44 $ 0.74 $ 1.56 $ 1.26
Weighted average common shares outstanding:        
Basic (in shares) 51.6 54.7 52.5 54.7
Diluted (in shares) 52.0 56.0 53.0 55.6