XML 48 R33.htm IDEA: XBRL DOCUMENT v3.22.0.1
Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited) Quarterly Financial Information (Unaudited)
The following tables summarize the Company's unaudited quarterly financial data for the years ended December 31, 2021 and 2020 ($ in millions, except per share amounts):
2021
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Year
Net sales$288.2 $377.8 $383.6 $390.4 $1,440.0 
Gross profit80.8 88.1 85.2 76.2 330.3 
Restructuring and impairment expense1.7 2.3 1.9 4.2 10.1 
Operating profit33.5 15.9 23.0 10.9 83.3 
Net income$21.6 $1.8 $12.2 $53.3 $88.9 
Net income per share:
Net income per share - basic$0.69 $0.06 $0.38 $1.70 $2.83 
Net income per share - diluted$0.68 $0.06 $0.38 $1.68 $2.80 

2020
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Year
Net sales$261.5 $254.2 $279.3 $279.4 $1,074.4 
Gross profit74.3 74.3 80.2 79.5 308.3 
Restructuring and impairment expense0.1 1.6 6.0 4.2 11.9 
Operating profit34.1 34.4 37.0 23.3 128.8 
Net income$22.5 $21.5 $24.5 $15.3 $83.8 
Net income per share:
Net income per share - basic$0.72 $0.69 $0.78 $0.49 $2.68 
Net income per share - diluted$0.72 $0.68 $0.78 $0.48 $2.66