XML 12 R2.htm IDEA: XBRL DOCUMENT v3.19.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Jun. 29, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenues $ 372.4 $ 379.2 $ 716.0 $ 731.1
Costs and expenses:        
Cost of products sold 264.2 281.5 524.6 543.3
Selling, general and administrative 78.2 72.6 154.9 141.2
Intangible amortization 2.4 0.8 4.0 1.0
Special charges, net 1.3 1.6 1.4 3.6
Other operating expenses 0.0 0.0 1.8 0.0
Operating income 26.3 22.7 29.3 42.0
Other income, net 1.9 2.2 9.1 3.2
Interest expense (5.3) (5.1) (10.6) (9.4)
Interest income 0.6 0.3 0.9 0.8
Income from continuing operations before income taxes 23.5 20.1 28.7 36.6
Income tax provision (4.1) (0.4) (8.7) (4.5)
Income from continuing operations 19.4 19.7 20.0 32.1
Income (loss) from discontinued operations, net of tax 0.0 0.0 0.0 0.0
Gain (loss) on disposition of discontinued operations, net of tax (0.2) 3.3 (1.6) 3.3
Gain (loss) from discontinued operations, net of tax (0.2) 3.3 (1.6) 3.3
Net income $ 19.2 $ 23.0 $ 18.4 $ 35.4
Basic income per share of common stock:        
Income from continuing operations (in dollars per share) $ 0.44 $ 0.46 $ 0.46 $ 0.75
Income (loss) from discontinued operations (in dollars per share) 0 0.08 (0.04) 0.08
Net income per share (in dollars per share) $ 0.44 $ 0.54 $ 0.42 $ 0.83
Weighted-average number of common shares outstanding — basic 43,914 42,988 43,767 42,881
Diluted income per share of common stock:        
Income from continuing operations (in dollars per share) $ 0.43 $ 0.44 $ 0.45 $ 0.72
Income (loss) from discontinued operations (in dollars per share) 0 0.07 (0.04) 0.07
Net income per share (in dollars per share) $ 0.43 $ 0.51 $ 0.41 $ 0.79
Weighted-average number of common shares outstanding — diluted 44,892 44,723 44,750 44,545
Comprehensive income $ 15.3 $ 20.0 $ 16.2 $ 36.8