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Quarterly Financial and Market Data (Unaudited) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial and Market Data (Unaudited) | Note 21 - Quarterly Financial and Market Data (Unaudited) Quarterly financial and market data for the years ended December 31, 2020 and 2019 were:
|  | First |  |  | Second |  |  | Third |  |  | Fourth |
(In millions, except per share data and market price) |  | Quarter |  |  | Quarter |  |  | Quarter |  |  | Quarter |
2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 541.0 |  |  | $ | 378.7 |  |  | $ | 286.9 |  |  | $ | 295.8 |
Gross margin |  | 140.9 |  |  | 54.9 |  |  |  | 13.5 |  |  | 30.4 |
Operating income (loss) |  | 65.7 |  |  | 6.4 |  |  |  | (37.6 | ) |  |  | (20.4 | )
Net income (loss) |  | 42.4 |  |  |  | (1.0 | ) |  | 9.7 |  |  |  | (19.4 | )
Net income per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.51 |  |  | $ | (0.01 | ) |  | $ | 0.12 |  |  | $ | (0.23 | )
Diluted |  | $ | 0.50 |  |  | $ | (0.01 | ) |  | $ | 0.12 |  |  | $ | (0.23 | )
Market price: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High |  | $ | 79.89 |  |  | $ | 47.91 |  |  | $ | 46.71 |  |  | $ | 56.00 |
Low |  | $ | 29.51 |  |  | $ | 26.75 |  |  | $ | 32.57 |  |  | $ | 31.71 |
2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 609.9 |  |  | $ | 609.0 |  |  | $ | 572.5 |  |  | $ | 564.3 |
Gross margin |  | 167.2 |  |  | 168.8 |  |  | 157.9 |  |  | 146.5 |
Operating income |  | 102.8 |  |  | 115.1 |  |  | 109.9 |  |  | 97.4 |
Net income |  | 72.2 |  |  | 80.9 |  |  | 80.3 |  |  | 73.2 |
Net income per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.85 |  |  | $ | 0.95 |  |  | $ | 0.94 |  |  | $ | 0.87 |
Diluted |  | $ | 0.84 |  |  | $ | 0.94 |  |  | $ | 0.93 |  |  | $ | 0.86 |
Market price: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High |  | $ | 72.65 |  |  | $ | 80.88 |  |  | $ | 85.33 |  |  | $ | 80.29 |
Low |  | $ | 56.18 |  |  | $ | 68.00 |  |  | $ | 77.01 |  |  | $ | 73.31 |

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- References No definition available. + Details
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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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