Selected Quarterly Data (Tables)

12 Months Ended

Dec. 31, 2019

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Summary of Quarterly Results of Operations

The following table summarizes the quarterly results of operations, including earnings per share:



	2019
(in millions, except per share data)	March 31^(a)		June 30^(b)		September 30^(c)		December 31^(d)
Net sales	$	273.8	$	324.3	$	308.8	$	314.4
Gross profit	70.3		89.0		82.0		81.5

Income from continuing operations	17.5		32.8		28.4		29.7
Gain from discontinued operations and disposal, net	—		—		—		0.1
Net income	$	17.5	$	32.8	$	28.4	$	29.8
Diluted earnings per share:
Earnings from continuing operations	$	0.29	$	0.54	$	0.46	$	0.48
Earnings from discontinued operations	—		—		—		0.00
Net earnings per share	$	0.29	$	0.54	$	0.46	$	0.48


(a)	Income from continuing operations includes pre-tax purchase accounting expenses and acquisition and integration-related expenses of $0.1 million and $0.6 million, respectively.


(b)	Income from continuing operations includes pre-tax purchase accounting expenses and acquisition and integration-related expenses of $0.2 million and $0.9 million, respectively.


(c)	Income from continuing operations includes pre-tax purchase accounting expenses and acquisition and integration-related expenses of $0.2 million and $0.4 million, respectively.

(d)

Income from continuing operations includes pre-tax purchase accounting expenses and acquisition and integration-related expenses of $0.3 million and $0.6 million, respectively, as well as a $0.8 million benefit from changes in state deferred tax valuation allowances.



	2018
(in millions, except per share data)	March 31^(a)		June 30^(b)		September 30^(c)		December 31^(d)
Net sales	$	249.7	$	291.0	$	269.4	$	279.4
Gross profit	61.9		79.2		69.0		72.0

Income from continuing operations	12.9		26.9		21.7		32.2
Gain from discontinued operations and disposal, net	—		—		—		0.3
Net income	$	12.9	$	26.9	$	21.7	$	32.5
Diluted earnings per share:
Earnings from continuing operations	$	0.21	$	0.44	$	0.36	$	0.53
Earnings from discontinued operations	—		—		—		0.00
Net earnings per share	$	0.21	$	0.44	$	0.36	$	0.53


(a)	Income from continuing operations includes pre-tax purchase accounting expenses, acquisition and integration-related expenses and hearing loss settlement charges of $0.6 million, $0.5 million and $0.4 million, respectively.


(b)	Income from continuing operations includes pre-tax purchase accounting expenses and acquisition and integration-related expenses of $0.4 million and $0.4 million, respectively.


(c)	Income from continuing operations includes pre-tax purchase accounting expenses and acquisition and integration-related expenses of $0.1 million and $0.4 million, respectively.

(d)

Income from continuing operations includes pre-tax purchase accounting expenses and acquisition and integration-related expenses of $0.1 million and $0.2 million, respectively, as well as an $8.6 million net benefit from tax planning strategies.