XML 189 R66.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Summary Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Quarterly Financial Data [Abstract]    
Current Year Quarterly Financial Information [Table Text Block]
A summary of the unaudited quarterly results of operations for the years ended December 31, 2019 and 2018 is presented below.
 
Successor
 
Year Ended December 31, 2019
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
(In millions, except per share data)
Revenues
$
1,250.6

 
$
1,149.0

 
$
1,106.4

 
$
1,117.4

Operating profit (loss)
184.5

 
79.5

 
(36.8
)
 
(165.5
)
Income (loss) from continuing operations, net of income taxes
133.3

 
42.9

 
(74.3
)
 
(290.2
)
Net income (loss)
129.9

 
39.5

 
(78.1
)
 
(276.4
)
Net income (loss) attributable to common stockholders
124.2

 
37.1

 
(82.8
)
 
(289.8
)
Basic EPS — continuing operations (1)
$
1.18

 
$
0.38

 
$
(0.77
)
 
$
(3.12
)
Diluted EPS — continuing operations (1)
$
1.15

 
$
0.37

 
$
(0.77
)
 
$
(3.12
)
Weighted average shares used in calculating basic EPS
108.5

 
107.0

 
102.2

 
97.3

Weighted average shares used in calculating diluted EPS
110.5

 
108.1

 
102.2

 
97.3

(1) 
EPS for the quarters may not sum to the amounts for the year as each period is computed on a discrete basis.
 
Successor
 
Year Ended December 31, 2018
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
(In millions, except per share data)
Revenues
$
1,462.7

 
$
1,309.4

 
$
1,412.6

 
$
1,397.1

Operating profit
239.2

 
165.3

 
130.3

 
126.8

Income from continuing operations, net of income taxes
208.3

 
120.0

 
83.9

 
233.5

Net income
207.0

 
116.4

 
79.8

 
260.6

Net income attributable to common stockholders
106.6

 
113.7

 
71.5

 
252.6

Basic EPS — continuing operations (1)
$
0.84

 
$
0.94

 
$
0.64

 
$
1.99

Diluted EPS — continuing operations (1)
$
0.83

 
$
0.93

 
$
0.63

 
$
1.97

Weighted average shares used in calculating basic EPS
120.9

 
124.5

 
118.6

 
113.1

Weighted average shares used in calculating diluted EPS
123.2

 
126.0

 
120.3

 
114.7

(1) 
EPS for the quarters may not sum to the amounts for the year as each period is computed on a discrete basis.