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Information on Business Segments
 3 Months Ended
Mar. 31, 2017
Information on Business Segments
14. Information on Business Segments

Net sales and operating income for the three months ended March 31, 2017 and 2016 by segment were as follows:

 

     Three Months Ended March 31,  
(In millions)    2017      2016      % Change
vs. Prior Year		  

Net Sales

         

Cabinets

    $ 573.6      $ 550.0        4.3 % 

Plumbing

      378.4        338.6        11.8  

Doors

      102.2        94.3        8.4  

Security

      132.6        123.6        7.3  
  

 

 

     

 

 

     

Net sales

    $ 1,186.8      $ 1,106.5        7.3 % 

Operating Income (Loss)

         

Cabinets

    $ 47.0      $ 35.7        31.7 % 

Plumbing

      70.2        71.5        (1.8 ) 

Doors

      8.2        4.2        95.2  

Security

      10.1        5.6        80.4  

Less: Corporate expenses

      (20.6 )       (21.5 )       4.2  
  

 

 

     

 

 

     

Operating income

    $ 114.9      $ 95.5        20.3 % 

Corporate expenses

         

General and administrative expense

    $ (21.6 )     $ (21.4 )    

Defined benefit plan costs

      1.0        0.8     

Recognition of defined benefit plan actuarial losses

      —          (0.9 )    
  

 

 

     

 

 

     

Total Corporate expenses

    $ (20.6 )     $ (21.5 )       4.2 %