XML 16 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Revenue $ 656.8 $ 615.3 $ 1,252.8 $ 1,221.7
Gross margin 234.4 235.4 450.6 451.4
Costs and Expenses        
Costs of sales and services 422.4 379.9 802.2 770.3
Selling, general and administrative expenses 126.4 110.6 236.1 220.7
Research and development expenses 32.0 33.2 60.2 67.4
Restructuring and other charges (income) 6.9 9.1 15.2 18.6
Total costs and expenses 587.7 532.8 1,113.7 1,077.0
Income from continuing operations before equity in (earnings) loss of affiliates, interest expense, net and income taxes 69.1 82.5 139.1 144.7
Equity in (earnings) loss of affiliates (0.1) 0.0 (0.2) 0.0
Interest expense, net 17.2 15.2 32.9 31.0
Income (loss) from continuing operations before income taxes 52.0 67.3 106.4 113.7
Provision (benefit) for income taxes 3.3 20.5 12.7 40.9
Income (loss) from continuing operations 48.7 46.8 93.7 72.8
Discontinued operations, net of income taxes 26.6 20.2 (142.2) 42.9
Net income (loss) 75.3 67.0 (48.5) 115.7
Less: Net income attributable to noncontrolling interests 0.6 1.8 1.0 2.2
Net income (loss) attributable to FMC stockholders 74.7 65.2 (49.5) 113.5
Amounts attributable to FMC stockholders:        
Continuing operations, net of income taxes 48.2 45.0 92.7 70.6
Discontinued operations, net of income taxes 26.5 20.2 (142.2) 42.9
Net income (loss) attributable to FMC stockholders $ 74.7 $ 65.2 $ (49.5) $ 113.5
Basic earnings (loss) per common share attributable to FMC stockholders:        
Continuing operations (in USD per share) $ 0.36 $ 0.34 $ 0.69 $ 0.52
Discontinued operations (in USD per share) 0.20 0.15 (1.06) 0.32
Net income (loss) attributable to FMC stockholders (in USD per share) 0.56 0.49 (0.37) 0.84
Diluted earnings (loss) per common share attributable to FMC stockholders:        
Continuing operations (in USD per share) 0.36 0.34 0.69 0.52
Discontinued operations (in USD per share) 0.20 0.15 (1.06) 0.32
Net income (loss) attributable to FMC stockholders (in USD per share) $ 0.56 $ 0.49 $ (0.37) $ 0.84