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Information on Business Segments (Tables)
3 Months Ended
Mar. 31, 2016
Net Sales and Operating Income by Segment

Net sales and operating income for the three months ended March 31, 2016 and 2015 by segment were as follows:

 

     Three Months Ended March 31,  
(In millions)    2016      2015      % Change
vs. Prior Year
 

Net Sales

        

Cabinets

   $ 550.0       $ 411.1         33.8

Plumbing

     338.6         333.6         1.5   

Doors

     94.3         83.2         13.3   

Security

     123.6         122.9         0.6   
  

 

 

    

 

 

    

Net sales

   $ 1,106.5       $ 950.8         16.4

Operating Income (Loss)

        

Cabinets

   $ 35.7       $ 13.0         174.6

Plumbing

     71.5         63.8         12.1   

Doors

     4.2         (1.2      nm   

Security

     5.6         8.0         (30.0

Less: Corporate expenses

     (21.5      (16.3      (31.9
  

 

 

    

 

 

    

Operating income

   $ 95.5       $ 67.3         41.9

Corporate expenses

        

General and administrative expense

   $ (21.4    $ (17.9   

Defined benefit plan costs

     0.8         1.6      

Recognition of defined benefit plan actuarial losses

     (0.9      —        
  

 

 

    

 

 

    

Total Corporate expenses

   $ (21.5    $ (16.3      (31.9 )%