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Condensed Consolidated Statements of Operations (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Operations        
Net sales $ 1,046.6 $ 997.2 $ 1,944.6 $ 1,849.1
Costs and expenses:        
Cost of sales 773.8 746.0 1,451.8 1,394.6
Engineering, selling and administrative expenses 161.3 149.6 319.4 296.5
Amortization expense 9.0 9.3 18.1 18.6
Restructuring expense 0.9 0.2 1.2 0.9
Other 0 0.1 0.3 0.1
Total operating costs and expenses 945.0 905.2 1,790.8 1,710.7
Earnings from operations 101.6 92.0 153.8 138.4
Other income (expenses):        
Interest expense (32.6) (33.8) (65.9) (66.8)
Amortization of deferred financing fees (1.7) (2.1) (3.5) (4.1)
Loss on debt extinguishment 0 0 (0.4) 0
Other income (expense), net (1.4) 2.0 0.2 0.2
Total other income (expenses) (35.7) (33.9) (69.6) (70.7)
Earnings from continuing operations before taxes on earnings 65.9 58.1 84.2 67.7
Provision (benefit) for taxes on income 9.3 15.5 17.8 26.9
Earnings from continuing operations 56.6 42.6 66.4 40.8
Discontinued operations:        
Earnings (loss) from discontinued operations, net of income taxes of $(1.2), $0.1, $(1.3) and $0.2, respectively (2.1) 0.4 (2.2) 0
Loss on sale of discontinued operations, net of income taxes of $0.0, $0.0, $3.3 and $0.0, respectively 0 0 (1.6) 0
Net earnings 54.5 43.0 62.6 40.8
Less: Net loss attributable to noncontrolling interest, net of tax (3.1) (2.3) (5.4) (4.2)
Net earnings attributable to Manitowoc 57.6 45.3 68.0 45.0
Amounts attributable to the Manitowoc common shareholders:        
Earnings from continuing operations 59.7 44.9 71.8 45.0
Earnings (loss) from discontinued operations, net of income taxes of $(1.2), $0.1, $(1.3) and $0.2, respectively (2.1) 0.4 (2.2) 0
Loss on sale of discontinued operations, net of income taxes 0 0 (1.6) 0
Net earnings attributable to Manitowoc $ 57.6 $ 45.3 $ 68.0 $ 45.0
Basic earnings (loss) per common share:        
Earnings from continuing operations attributable to Manitowoc common shareholders $ 0.45 $ 0.34 $ 0.54 $ 0.34
Loss from discontinued operations attributable to Manitowoc common shareholders $ (0.02) $ 0.00 $ (0.02) $ 0.00
Loss on sale of discontinued operations, net of income taxes $ 0.00 $ 0.00 $ (0.01) $ 0.00
Earnings (loss) per share attributable to Manitowoc common shareholders $ 0.43 $ 0.35 $ 0.51 $ 0.34
Diluted earnings (loss) per common share:        
Earnings from continuing operations attributable to Manitowoc common shareholders $ 0.44 $ 0.34 $ 0.53 $ 0.34
Loss from discontinued operations attributable to Manitowoc common shareholders $ (0.02) $ 0.00 $ (0.02) $ 0.00
Loss on sale of discontinued operations, net of income taxes $ 0.00 $ 0.00 $ (0.01) $ 0.00
Earnings (loss) per share attributable to Manitowoc common shareholders $ 0.43 $ 0.34 $ 0.50 $ 0.34
Weighted average shares outstanding — basic 132,999,781 130,575,165 132,655,172 130,562,923
Weighted average shares outstanding — diluted 135,112,730 133,392,079 135,029,444 133,552,797