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Quarterly Financial Data | 12 Months Ended
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Dec. 31, 2016
Quarterly Financial Data | 19. Quarterly Financial Data Unaudited (In millions, except per share amounts)
2016 |  | 1st(a) |  |  | 2nd |  |  | 3rd |  |  | 4th |  |  | Full Year |
Net sales |  | $ | 1,106.5 |  |  | $ | 1,297.8 |  |  | $ | 1,279.0 |  |  | $ | 1,301.6 |  |  | $ | 4,984.9 |
Gross profit |  |  | 377.8 |  |  |  | 474.7 |  |  |  | 478.0 |  |  |  | 474.1 |  |  |  | 1,804.6 |
Operating income |  |  | 95.5 |  |  |  | 187.7 |  |  |  | 183.1 |  |  |  | 166.4 |  |  |  | 632.7 |
Income from continuing operations, net of tax |  |  | 61.0 |  |  |  | 125.1 |  |  |  | 121.9 |  |  |  | 104.4 |  |  |  | 412.4 |
Income (loss) from discontinued operations, net of tax |  |  | — |  |  |  | — |  |  |  | 1.5 |  |  |  | (0.7 | ) |  |  | 0.8 |
Net income |  |  | 61.0 |  |  |  | 125.1 |  |  |  | 123.4 |  |  |  | 103.7 |  |  |  | 413.2 |
Net income attributable to Fortune Brands |  |  | 61.0 |  |  |  | 125.2 |  |  |  | 123.4 |  |  |  | 103.6 |  |  |  | 413.2 |
Basic earnings (loss) per common share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | 0.39 |  |  |  | 0.82 |  |  |  | 0.79 |  |  |  | 0.68 |  |  |  | 2.67 |
Discontinued operations |  |  | — |  |  |  | — |  |  |  | 0.01 |  |  |  | (0.01 | ) |  |  | 0.01 |
Net income attributable to Fortune Brands |  |  | 0.39 |  |  |  | 0.82 |  |  |  | 0.80 |  |  |  | 0.67 |  |  |  | 2.68 |
Diluted earnings (loss) per common share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  |  | 0.38 |  |  |  | 0.80 |  |  |  | 0.77 |  |  |  | 0.67 |  |  |  | 2.61 |
Discontinued operations |  |  | — |  |  |  | — |  |  |  | 0.01 |  |  |  | (0.01 | ) |  |  | 0.01 |
Net income attributable to Fortune Brands |  |  | 0.38 |  |  |  | 0.80 |  |  |  | 0.78 |  |  |  | 0.66 |  |  |  | 2.62 |
(a) | Amounts revised to reflect adoption of ASU 2016-09 “Improvements to Employee Share-Based Payment Accounting.”
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 |
In 2016, we recorded pre-tax defined benefit plan actuarial losses of $1.9 million — $0.9 million ($0.6 million after tax) in the first quarter and $1.0 million ($0.7 million after tax) in the third quarter. 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 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.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1570-108306 Reference 2: 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=68064558&loc=d3e765-108305 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=68064558&loc=d3e725-108305 + Details
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