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Unaudited Quarterly Results | 12 Months Ended
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Feb. 26, 2021
Unaudited Quarterly Results [Abstract] |
Unaudited Quarterly Results | UNAUDITED QUARTERLY RESULTS
Unaudited Quarterly Results | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Total
2021 |  |  |  |  |  |  |  |  |  |
Revenue | $ | 482.8 |  |  | $ | 818.8 |  |  | $ | 617.5 |  |  | $ | 677.1 |  |  | $ | 2,596.2 |  |
Gross profit | 122.7 |  |  | 269.6 |  |  | 177.9 |  |  | 192.6 |  |  | 762.8 |  |
Operating income (loss) | (52.3) |  |  | 88.6 |  |  | — |  |  | 6.7 |  |  | 43.0 |  |
Net income (loss) | (38.1) |  |  | 55.5 |  |  | 2.1 |  |  | 6.6 |  |  | 26.1 |  |
Basic earnings (loss) per share | (0.33) |  |  | 0.47 |  |  | 0.02 |  |  | 0.06 |  |  | 0.22 |  |
Diluted earnings (loss) per share | (0.33) |  |  | 0.47 |  |  | 0.02 |  |  | 0.06 |  |  | 0.22 |  |
2020 |  |  |  |  |  |  |  |  |  |
Revenue | $ | 824.3 |  |  | $ | 998.0 |  |  | $ | 955.2 |  |  | $ | 946.2 |  |  | $ | 3,723.7 |  |
Gross profit | 258.4 |  |  | 333.5 |  |  | 316.1 |  |  | 307.2 |  |  | 1,215.2 |  |
Operating income | 27.6 |  |  | 85.3 |  |  | 75.1 |  |  | 69.0 |  |  | 257.0 |  |
Net income | 17.8 |  |  | 60.5 |  |  | 54.9 |  |  | 66.5 |  |  | 199.7 |  |
Basic earnings per share | 0.15 |  |  | 0.50 |  |  | 0.46 |  |  | 0.56 |  |  | 1.67 |  |
Diluted earnings per share | 0.15 |  |  | 0.50 |  |  | 0.46 |  |  | 0.55 |  |  | 1.66 |  |
Revenue comparisons have been impacted by currency translation effects, acquisitions and divestitures. See Note 20 and Note 21 for additional information. Operating income and net income included a goodwill impairment charge in Q1 2021 and restructuring costs in Q2 2021, Q3 2021 and Q4 2021. See Note 11 and Note 23, respectively, for additional information. Operating income and net income in Q4 2020 included a gain on the sale of PolyVision. See Note 21 for additional information.

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- Definition Unaudited Quarterly Results [Abstract] + 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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