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Quarterly Data (unaudited) | 12 Months Ended
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Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Data (unaudited) | Note 20 – Quarterly Data (unaudited) Brunswick maintains its financial records on the basis of a fiscal year ending on December 31, with the fiscal quarters ending on the Saturday closest to the end of the period (13-week periods). The first three quarters of fiscal year 2012 ended on March 31, 2012, June 30, 2012, and September 29, 2012, and the first three quarters of fiscal year 2011 ended on April 2, 2011, July 2, 2011, and October 1, 2011.
| Quarter Ended |  |
(in millions, except per share data) | March 31, 2012 |  | June 30, 2012 |  | September 29, 2012 |  | December 31, 2012 |  | Year Ended December 31, 2012
Net sales | $ | 959.6 |  |  | $ | 1,053.9 |  |  | $ | 874.3 |  |  | $ | 829.8 |  |  | $ | 3,717.6 |
Gross margin (A) | 238.2 |  |  | 283.9 |  |  | 233.0 |  |  | 188.9 |  |  | 944.0 |
Restructuring, exit and impairment charges | 0.2 |  |  | 0.8 |  |  | 14.3 |  |  | 10.5 |  |  | 25.8 |
Loss on early extinguishment of debt | — |  |  | 4.4 |  |  | 7.5 |  |  | 4.4 |  |  | 16.3 |
Net earnings (loss) from continuing operations | 47.0 |  |  | 94.0 |  |  | 22.5 |  |  | (16.1 | ) |  | 147.4 |
Net loss from discontinued operations, net of tax | (7.3 | ) |  | (10.4 | ) |  | (20.5 | ) |  | (59.2 | ) |  | (97.4 | )
Net earnings (loss) | 39.7 |  |  | 83.6 |  |  | 2.0 |  |  | (75.3 | ) |  | 50.0 |
Basic earnings (loss) per common share: |  |  |  |  |  |  |  |  |
Net earnings (loss) from continuing operations | $ | 0.52 |  |  | $ | 1.05 |  |  | $ | 0.25 |  |  | $ | (0.18 | ) |  | $ | 1.64 |
Net loss from discontinued operations | $ | (0.08 | ) |  | $ | (0.12 | ) |  | $ | (0.23 | ) |  | $ | (0.66 | ) |  | $ | (1.08 | )
Net earnings (loss) | $ | 0.44 |  |  | $ | 0.93 |  |  | $ | 0.02 |  |  | $ | (0.84 | ) |  | $ | 0.56 |
Diluted earnings (loss) per common share: |  |  |  |  |  |  |  |  |
Net earnings (loss) from continuing operations | $ | 0.51 |  |  | $ | 1.02 |  |  | $ | 0.24 |  |  | $ | (0.18 | ) |  | $ | 1.59 |
Net loss from discontinued operations | $ | (0.08 | ) |  | $ | (0.12 | ) |  | $ | (0.22 | ) |  | $ | (0.66 | ) |  | $ | (1.05 | )
Net earnings (loss) | $ | 0.43 |  |  | $ | 0.90 |  |  | $ | 0.02 |  |  | $ | (0.84 | ) |  | $ | 0.54 |
Dividends declared | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 0.05 |  |  | $ | 0.05 |
Common stock price (NYSE symbol: BC): |  |  |  |  |  |  |  |  |
High | $ | 26.70 |  |  | $ | 27.04 |  |  | $ | 25.46 |  |  | $ | 29.09 |  |  | $ | 29.09 |
Low | $ | 18.49 |  |  | $ | 19.83 |  |  | $ | 20.21 |  |  | $ | 21.24 |  |  | $ | 18.49 |
| Quarter Ended |  |
(in millions, except per share data) | April 2, 2011 |  | July 2, 2011 |  | October 1, 2011 |  | December 31, 2011 |  | Year Ended December 31, 2011
Net sales | $ | 964.3 |  |  | $ | 1,082.5 |  |  | $ | 861.7 |  |  | $ | 761.5 |  |  | $ | 3,670.0 |
Gross margin (A) | 236.6 |  |  | 276.3 |  |  | 203.9 |  |  | 160.6 |  |  | 877.4 |
Restructuring, exit and impairment charges (gains) | 5.0 |  |  | (0.5 | ) |  | 12.6 |  |  | 4.2 |  |  | 21.3 |
Loss on early extinguishment of debt | 4.3 |  |  | 0.9 |  |  | 11.7 |  |  | 2.9 |  |  | 19.8 |
Net earnings (loss) from continuing operations | 33.0 |  |  | 74.5 |  |  | 8.5 |  |  | (25.4 | ) |  | 90.6 |
Net loss from discontinued operations, net of tax | (5.5 | ) |  | (5.2 | ) |  | (3.8 | ) |  | (4.2 | ) |  | (18.7 | )
Net earnings (loss) | 27.5 |  |  | 69.3 |  |  | 4.7 |  |  | (29.6 | ) |  | 71.9 |
Basic earnings (loss) per common share: |  |  |  |  |  |  |  |  |
Net earnings (loss) from continuing operations | $ | 0.37 |  |  | $ | 0.83 |  |  | $ | 0.10 |  |  | $ | (0.28 | ) |  | $ | 1.02 |
Net loss from discontinued operations | $ | (0.06 | ) |  | $ | (0.05 | ) |  | $ | (0.05 | ) |  | $ | (0.05 | ) |  | $ | (0.21 | )
Net earnings (loss) | $ | 0.31 |  |  | $ | 0.78 |  |  | $ | 0.05 |  |  | $ | (0.33 | ) |  | $ | 0.81 |
Diluted earnings (loss) per common share: |  |  |  |  |  |  |  |  |
Net earnings (loss) from continuing operations | $ | 0.36 |  |  | $ | 0.81 |  |  | $ | 0.09 |  |  | $ | (0.28 | ) |  | $ | 0.98 |
Net loss from discontinued operations | $ | (0.06 | ) |  | $ | (0.06 | ) |  | $ | (0.04 | ) |  | $ | (0.05 | ) |  | $ | (0.20 | )
Net earnings (loss) | $ | 0.30 |  |  | $ | 0.75 |  |  | $ | 0.05 |  |  | $ | (0.33 | ) |  | $ | 0.78 |
Dividends declared | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 0.05 |  |  | $ | 0.05 |
Common stock price (NYSE symbol: BC): |  |  |  |  |  |  |  |  |
High | $ | 25.51 |  |  | $ | 26.93 |  |  | $ | 21.91 |  |  | $ | 19.14 |  |  | $ | 26.93 |
Low | $ | 18.95 |  |  | $ | 17.09 |  |  | $ | 13.61 |  |  | $ | 13.46 |  |  | $ | 13.46 |
(A) | Gross margin is defined as Net sales less Cost of sales as presented in the Consolidated Statements of Operations.

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