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Unaudited Quarterly Results | 12 Months Ended
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Feb. 22, 2019
Unaudited Quarterly Results [Abstract] |
Unaudited Quarterly Results | UNAUDITED QUARTERLY RESULTS
Unaudited Quarterly Results | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Total
2019 |  |  |  |  |  |  |  |  |  |
Revenue | $ | 754.0 |  |  | $ | 875.8 |  |  | $ | 901.0 |  |  | $ | 912.4 |  |  | $ | 3,443.2 |  |
Gross profit | 237.9 |  |  | 288.6 |  |  | 278.3 |  |  | 283.1 |  |  | 1,087.9 |  |
Operating income | 23.3 |  |  | 67.9 |  |  | 45.4 |  |  | 47.0 |  |  | 183.6 |  |
Net income | 17.0 |  |  | 49.1 |  |  | 37.3 |  |  | 22.6 |  |  | 126.0 |  |
Basic earnings per share | 0.14 |  |  | 0.41 |  |  | 0.31 |  |  | 0.19 |  |  | 1.06 |  |
Diluted earnings per share | 0.14 |  |  | 0.41 |  |  | 0.31 |  |  | 0.19 |  |  | 1.05 |  |
2018 |  |  |  |  |  |  |  |  |  |
Revenue | $ | 735.1 |  |  | $ | 775.6 |  |  | $ | 772.1 |  |  | $ | 772.7 |  |  | $ | 3,055.5 |  |
Gross profit | 245.1 |  |  | 257.3 |  |  | 250.8 |  |  | 252.0 |  |  | 1,005.2 |  |
Operating income | 35.1 |  |  | 52.2 |  |  | 36.5 |  |  | 31.4 |  |  | 155.2 |  |
Net income | 18.1 |  |  | 36.9 |  |  | 25.7 |  |  | — |  |  | 80.7 |  |
Basic earnings per share | 0.15 |  |  | 0.31 |  |  | 0.22 |  |  | — |  |  | 0.68 |  |
Diluted earnings per share | 0.15 |  |  | 0.31 |  |  | 0.22 |  |  | — |  |  | 0.68 |  |
Revenue comparisons have been impacted by currency translation effects along with acquisitions and divestitures. See Note 20 for additional information. Q4 2019 net income included charges related to the early retirement of debt. See Note 13 for additional information. Q3 2019 net income included significant charges related to a multi-employer pension plan. See Note 15 for additional information. Q4 2018 net income included significant charges related to the Tax Act. See Note 17 for additional information.

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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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