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Summarized Quarterly Financial Information (Unaudited, in millions, except per share data) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Summarized Quarterly Financial Information (Unaudited, in millions, except per share data)

 

 

 

2015

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

(In millions, except per share amounts)

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter(1)

 

Net sales

 

$

1,746.4

 

 

$

1,785.0

 

 

$

1,746.2

 

 

$

1,753.9

 

Gross profit

 

 

649.6

 

 

 

663.8

 

 

 

636.6

 

 

 

636.6

 

Net earnings available to common stockholders

 

 

97.2

 

 

 

28.1

 

 

 

86.6

 

 

 

123.5

 

Net earnings per common share - basic(2)

 

$

0.46

 

 

$

0.13

 

 

$

0.43

 

 

$

0.63

 

Net earnings per common share - diluted(2)

 

$

0.46

 

 

$

0.13

 

 

$

0.42

 

 

$

0.62

 

 

 

 

2014

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

(In millions, except per share amounts)

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

Net sales

 

$

1,827.7

 

 

$

1,973.6

 

 

$

1,975.5

 

 

$

1,973.7

 

Gross profit

 

 

639.6

 

 

 

679.6

 

 

 

696.1

 

 

 

672.3

 

Net earnings available to common stockholders

 

 

70.9

 

 

 

60.1

 

 

 

60.8

 

 

 

66.3

 

Net earnings per common share - basic

 

$

0.34

 

 

$

0.28

 

 

$

0.29

 

 

$

0.31

 

Net earnings per common share - diluted

 

$

0.33

 

 

$

0.28

 

 

$

0.28

 

 

$

0.31

 

 

 

(1)

During the fourth quarter of 2015, adjustments were made to prior year provisions which resulted in an increase in earnings per share. Refer to Note 16 “Income Taxes” for further information.

(2)

The sum of the quarterly per share amounts may not agree to the respective annual amounts due to rounding.