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Information on Business Segments (Tables)
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Net Sales and Operating Income by Segment Net sales and operating income for the three months ended March 31, 2020 and 2019 by segment were as follows:

 

 

Three Months Ended March 31,

(In millions)

 

2020

 

 

2019

 

 

% Change

vs. Prior

Year

Net Sales

 

 

 

 

 

 

 

 

 

 

 

 

 

Cabinets

 

$

620.0

 

 

$

573.0

 

 

 

8.2

 

%

Plumbing

 

 

469.0

 

 

 

458.6

 

 

 

2.3

 

 

Doors & Security

 

 

313.7

 

 

 

296.3

 

 

 

5.9

 

 

Net sales

 

$

1,402.7

 

 

$

1,327.9

 

 

 

5.6

 

%

Operating Income (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

Cabinets

 

$

43.7

 

 

$

43.2

 

 

 

1.2

 

%

Plumbing

 

 

104.5

 

 

 

89.2

 

 

 

17.2

 

 

Doors & Security

 

 

31.5

 

 

 

22.4

 

 

 

40.6

 

 

Less: Corporate expenses

 

 

(24.7

)

 

 

(19.2

)

 

 

(28.6

)

 

Operating income

 

$

155.0

 

 

$

135.6

 

 

 

14.3

 

%