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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 1,169.1 $ 665.2 $ 2,212.9 $ 1,487.6
Cost of sales 650.9 399.3 1,235.8 864.6
Gross profit 518.2 265.9 977.1 623.0
Selling and marketing expenses 216.8 135.1 414.5 306.1
General, administrative and other expenses 85.1 82.4 164.6 163.0
Equity income in earnings of unconsolidated affiliates (7.0) (5.0) (13.7) (4.8)
Operating income 223.3 53.4 411.7 158.7
Other expense, net:        
Interest expense, net 20.0 20.6 32.3 40.9
Loss on extinguishment of debt 18.0 0.0 23.0 0.0
Other (income) expense, net (0.1) 0.3 (0.4) 0.8
Total other expense, net 37.9 20.9 54.9 41.7
Income from continuing operations before income taxes 185.4 32.5 356.8 117.0
Income tax provision (44.7) (9.4) (85.2) (32.9)
Income from continuing operations 140.7 23.1 271.6 84.1
(Loss) income from discontinued operations, net of tax (0.3) 0.1 (0.5) (1.1)
Net income before non-controlling interests 140.4 23.2 271.1 83.0
Less: Net (loss) income attributable to non-controlling interests (0.4) 0.2 (0.2) 0.3
Net income attributable to Tempur Sealy International, Inc. $ 140.8 $ 23.0 $ 271.3 $ 82.7
Basic        
Earnings per share for continuing operations (in dollars per share) $ 0.72 $ 0.11 $ 1.36 $ 0.39
Loss per share for discontinued operations (in dollars per share) 0 0 0 0
Earnings per share (in dollars per share) 0.72 0.11 1.36 0.39
Diluted        
Earnings per share for continuing operations (in dollars per share) 0.69 0.11 1.32 0.40
Loss per share for discontinued operations (in dollars per share) 0 0 0 (0.01)
Earnings per share (in dollars per share) $ 0.69 $ 0.11 $ 1.32 $ 0.39
Weighted average common shares outstanding:        
Basic (in shares) 197.0 206.4 200.4 210.0
Diluted (in shares) 204.1 208.0 204.9 212.0