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Quarterly Financial Data | 12 Months Ended
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Dec. 31, 2015
Quarterly Financial Data | 19. Quarterly Financial Data Unaudited (In millions, except per share amounts)
2015 |  | 1st |  |  | 2nd |  |  | 3rd |  |  | 4th |  |  | Full Year |
Net sales |  | $ | 950.8 |  |  | $ | 1,165.1 |  |  | $ | 1,238.8 |  |  | $ | 1,224.7 |  |  | $ | 4,579.4 |
Gross profit |  |  | 316.9 |  |  |  | 410.4 |  |  |  | 434.5 |  |  |  | 420.1 |  |  |  | 1,581.9 |
Operating income |  |  | 67.3 |  |  |  | 128.2 |  |  |  | 160.3 |  |  |  | 140.3 |  |  |  | 496.1 |
Income from continuing operations, net of tax |  |  | 40.9 |  |  |  | 78.0 |  |  |  | 100.0 |  |  |  | 87.6 |  |  |  | 306.5 |
Income (loss) from discontinued operations, net of tax |  |  | (0.6 | ) |  |  | 1.4 |  |  |  | 7.8 |  |  |  | 0.4 |  |  |  | 9.0 |
Net income |  |  | 40.3 |  |  |  | 79.4 |  |  |  | 107.8 |  |  |  | 88.0 |  |  |  | 315.5 |
Net income attributable to Fortune Brands |  |  | 40.0 |  |  |  | 79.7 |  |  |  | 107.5 |  |  |  | 87.8 |  |  |  | 315.0 |
Basic earnings (loss) per common share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | 0.26 |  |  |  | 0.49 |  |  |  | 0.62 |  |  |  | 0.55 |  |  |  | 1.92 |
Discontinued operations |  |  | (0.01 | ) |  |  | 0.01 |  |  |  | 0.05 |  |  |  | — |  |  |  | 0.05 |
Net income attributable to Fortune Brands |  |  | 0.25 |  |  |  | 0.50 |  |  |  | 0.67 |  |  |  | 0.55 |  |  |  | 1.97 |
Diluted earnings (loss) per common share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | 0.25 |  |  |  | 0.48 |  |  |  | 0.61 |  |  |  | 0.54 |  |  |  | 1.88 |
Discontinued operations |  |  | — |  |  |  | 0.01 |  |  |  | 0.05 |  |  |  | — |  |  |  | 0.05 |
Net income attributable to Fortune Brands |  |  | 0.25 |  |  |  | 0.49 |  |  |  | 0.66 |  |  |  | 0.54 |  |  |  | 1.93 |
2014 |  | 1st |  |  | 2nd |  |  | 3rd |  |  | 4th |  |  | Full Year |
Net sales |  | $ | 889.1 |  |  | $ | 1,027.2 |  |  | $ | 1,057.7 |  |  | $ | 1,039.6 |  |  | $ | 4,013.6 |
Gross profit |  |  | 295.3 |  |  |  | 361.8 |  |  |  | 368.0 |  |  |  | 341.8 |  |  |  | 1,366.9 |
Operating income |  |  | 69.3 |  |  |  | 125.5 |  |  |  | 129.5 |  |  |  | 79.2 |  |  |  | 403.5 |
Income from continuing operations, net of tax |  |  | 46.3 |  |  |  | 86.3 |  |  |  | 84.5 |  |  |  | 56.5 |  |  |  | 273.6 |
Income (loss) from discontinued operations, net of tax |  |  | (5.1 | ) |  |  | 7.3 |  |  |  | (105.4 | ) |  |  | (11.1 | ) |  |  | (114.3 | )
Net income |  |  | 41.2 |  |  |  | 93.6 |  |  |  | (20.9 | ) |  |  | 45.4 |  |  |  | 159.3 |
Net income attributable to Fortune Brands |  |  | 40.8 |  |  |  | 93.3 |  |  |  | (21.1 | ) |  |  | 45.1 |  |  |  | 158.1 |
Basic earnings (loss) per common share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | 0.28 |  |  |  | 0.52 |  |  |  | 0.53 |  |  |  | 0.36 |  |  |  | 1.68 |
Discontinued operations |  |  | (0.03 | ) |  |  | 0.05 |  |  |  | (0.66 | ) |  |  | (0.07 | ) |  |  | (0.70 | )
Net income attributable to Fortune Brands |  |  | 0.25 |  |  |  | 0.57 |  |  |  | (0.13 | ) |  |  | 0.29 |  |  |  | 0.98 |
Diluted earnings (loss) per common share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | 0.27 |  |  |  | 0.51 |  |  |  | 0.52 |  |  |  | 0.35 |  |  |  | 1.64 |
Discontinued operations |  |  | (0.03 | ) |  |  | 0.04 |  |  |  | (0.65 | ) |  |  | (0.07 | ) |  |  | (0.69 | )
Net income attributable to Fortune Brands |  |  | 0.24 |  |  |  | 0.55 |  |  |  | (0.13 | ) |  |  | 0.28 |  |  |  | 0.95 |
In 2015, we recorded pre-tax defined benefit plan actuarial losses of $2.5 million — $2.8 million ($1.8 million after tax or $0.01 million per diluted share) in the third quarter, and $(0.3) million ($(0.2) million after tax or zero per diluted share) in the fourth quarter. In 2014, we recorded pre-tax defined benefit plan actuarial losses of $13.7 million—$0.6 million ($0.4 million after tax or zero per diluted share) in the first quarter, $1.1 million ($0.7 million after tax or $0.01 million per diluted share) in the third quarter, and $12.0 million ($7.6 million after tax or $0.04 per diluted share) in the fourth quarter.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e765-108305 Reference 2: 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=51825399&loc=d3e1280-108306 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e725-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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