XML 88 R49.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Selected Quarterly Data (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract] |
Summary of Quarterly Results of Operations | The following table summarizes the quarterly results of operations, including earnings per share:
| 2017
(in millions, except per share data) | March 31(a) |  | June 30(b) |  | September 30(c) |  | December 31(d)
Net sales | $ | 177.8 |  |  | $ | 224.4 |  |  | $ | 248.7 |  |  | $ | 247.6 |
Gross profit | 43.6 |  |  | 54.7 |  |  | 61.3 |  |  | 61.6 |
Income from continuing operations | 7.2 |  |  | 11.5 |  |  | 12.5 |  |  | 29.3 |
Gain (loss) from discontinued operations and disposal, net | 0.1 |  |  | (0.1 | ) |  | — |  |  | 1.1 |
Net income | $ | 7.3 |  |  | $ | 11.4 |  |  | $ | 12.5 |  |  | $ | 30.4 |
Diluted earnings per share: |  |  |  |  |  |  |
Earnings from continuing operations | $ | 0.12 |  |  | $ | 0.19 |  |  | $ | 0.21 |  |  | $ | 0.48 |
Earnings (loss) from discontinued operations | 0.00 |  |  | 0.00 |  |  | — |  |  | 0.02 |
Net earnings per share | $ | 0.12 |  |  | $ | 0.19 |  |  | $ | 0.21 |  |  | $ | 0.50 |
(a) | Income from continuing operations includes purchase accounting expenses, acquisition and integration-related expenses, restructuring charges and executive severance costs of $0.5 million, $0.5 million, $0.3 million and $0.7 million, respectively.
(b) | Income from continuing operations includes purchase accounting expenses, acquisition and integration-related expenses, and restructuring charges of $2.5 million, $1.0 million and $0.1 million, respectively.
(c) | Income from continuing operations includes purchase accounting expenses, acquisition and integration-related expenses, and restructuring charges of $1.3 million, $0.7 million and $0.1 million, respectively, as well as $0.6 million of tax expense associated with a change in the enacted state tax rate in Illinois.
(d) | Income from continuing operations includes purchase accounting expenses, acquisition and integration-related expenses, restructuring charges, pension settlement charges and hearing loss settlement charges of $0.5 million, $0.5 million, $0.1 million, $6.1 million and $1.5 million, respectively, as well as a $20.8 million net benefit from special tax items, primarily represented by the Company’s preliminary estimate of the impact of the 2017 Tax Act, including the effect of the reduction in the corporate tax rate in the U.S.
| 2016(a)
(in millions, except per share data) | March 31(b) |  | June 30(c) |  | September 30(d) |  | December 31(e)
Net sales | $ | 172.8 |  |  | $ | 172.3 |  |  | $ | 186.7 |  |  | $ | 176.1 |
Gross profit | 47.4 |  |  | 45.0 |  |  | 45.3 |  |  | 45.4 |
Income from continuing operations | 10.4 |  |  | 9.4 |  |  | 7.5 |  |  | 12.1 |
Gain (loss) from discontinued operations and disposal, net | 3.2 |  |  | (0.3 | ) |  | 1.0 |  |  | 0.5 |
Net income | $ | 13.6 |  |  | $ | 9.1 |  |  | $ | 8.5 |  |  | $ | 12.6 |
Diluted earnings per share: |  |  |  |  |  |  |
Earnings from continuing operations | $ | 0.17 |  |  | $ | 0.15 |  |  | $ | 0.12 |  |  | $ | 0.20 |
Earnings (loss) from discontinued operations | 0.05 |  |  | 0.00 |  |  | 0.02 |  |  | 0.01 |
Net earnings per share | $ | 0.22 |  |  | $ | 0.15 |  |  | $ | 0.14 |  |  | $ | 0.21 |
(a) | The adoption of ASU 2016-09 in the fourth quarter of 2016 did not impact the previously-reported quarterly results for 2016.
(b) | Income from continuing operations includes acquisition and integration-related expenses, restructuring charges and debt settlement charges of $0.5 million, $1.2 million and $0.3 million, respectively.
(c) | Income from continuing operations includes purchase accounting expenses and acquisition and integration-related expenses of $0.5 million and $0.4 million, respectively.
(d) | Income from continuing operations includes purchase accounting expenses, acquisition and integration-related expenses and restructuring charges of $2.5 million, $0.3 million and $0.4 million, respectively.
(e) | Income from continuing operations includes purchase accounting expenses, acquisition and integration-related expenses and restructuring charges of $0.9 million, $0.2 million and $0.1 million, respectively, as well as a $2.2 million net benefit resulting from changes in deferred tax valuation allowances in Canada and the U.K.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration