Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2021

Quarterly Financial Information Disclosure [Abstract]

The following tables set forth the Company’s unaudited quarterly financial data (in millions, except per share amounts) incorporating the impact of the discontinued operation described in Note 4. Discontinued Operations and Other Divestitures:


	Quarter
	First		Second		Third		Fourth
Years Ended December 31,
2021:
Total revenues	$	2,953.9	$	3,625.6	$	3,412.8	$	3,489.6
Gross profit	$	481.3	$	649.5	$	638.7	$	671.2
Net income from continuing operations	$	100.9	$	188.8	$	172.5	$	163.2
Net income (loss) from discontinued operations (1)	1.0		2.2		(0.4)		(76.1)
Net income	$	101.9	$	191.0	$	172.1	$	87.1
Basic Earnings Per Share (2):
Continuing operations	$	5.49	$	10.28	$	9.40	$	9.08
Discontinued operations	0.06		0.12		(0.02)		(4.23)
Total	$	5.54	$	10.40	$	9.37	$	4.85
Diluted Earnings Per Share (2):
Continuing operations	$	5.47	$	10.23	$	9.35	$	9.06
Discontinued operations	0.06		0.12		(0.02)		(4.23)
Total	$	5.52	$	10.35	$	9.33	$	4.84
2020:
Total revenues	$	2,598.2	$	2,094.6	$	2,985.4	$	2,922.0
Gross profit	$	405.8	$	353.9	$	503.3	$	471.1
Net income from continuing operations	$	30.5	$	41.6	$	125.7	$	98.8
Net (loss) income from discontinued operations	(0.7)		(11.5)		0.7		1.3
Net income	$	29.8	$	30.2	$	126.4	$	100.1
Basic Earnings Per Share (2):
Continuing operations	$	1.66	$	2.26	$	6.82	$	5.38
Discontinued operations	(0.04)		(0.62)		0.04		0.07
Total	$	1.62	$	1.64	$	6.86	$	5.45
Diluted Earnings Per Share (2):
Continuing operations	$	1.65	$	2.25	$	6.80	$	5.36
Discontinued operations	(0.04)		(0.62)		0.04		0.07
Total	$	1.61	$	1.63	$	6.83	$	5.43

(1) During the fourth quarter of 2021, the Company recorded $77.5 million in asset impairments related to the Brazil Discontinued Operations.

(2) The sum of quarterly basic and diluted earnings per share from continuing and discontinued operations may not equal full year amounts as reported in the Consolidated Statements of Operations due to the calculation of weighted average common share equivalents on a quarterly basis.