XML 56 R56.htm IDEA: XBRL DOCUMENT v2.4.1.9
Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial data
The following table presents quarterly financial data for 2014 and 2013:
 
 
2014
 
2013
(in millions, except per share data)
 
First
 
Second
 
Third
 
Fourth
 
First
 
Second
 
Third
 
Fourth
Net sales
 
$
850.0

 
$
1,012.8

 
$
986.3

 
$
1,037.4

 
$
894.6

 
$
1,037.1

 
$
1,012.1

 
$
1,104.3

Gross profit
 
227.1

 
272.3

 
245.2

 
241.5

 
222.1

 
276.0

 
262.1

 
261.6

Earnings from continuing operations before taxes on earnings
 
8.6

 
66.1

 
56.3

 
38.4

 
22.3

 
71.4

 
70.8

 
60.7

Discontinued operations:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

(Loss) earnings from discontinued operations, net of income taxes
 
(1.0
)
 
(0.3
)
 
(0.2
)
 
0.1

 
(4.1
)
 
(7.6
)
 
(3.2
)
 
(3.9
)
Loss on sale of discontinued operations, net of income taxes
 
(9.9
)
 
—

 
(1.1
)
 
—

 
(1.6
)
 
—

 
—

 
(1.1
)
Net (loss) earnings
 
(4.9
)
 
46.6

 
73.1

 
33.6

 
8.1

 
54.5

 
50.6

 
54.4

Less: Earnings (loss) attributable to noncontrolling interest, net of tax
 
3.9

 
—

 
—

 
—

 
(2.3
)
 
(3.1
)
 
(2.3
)
 
33.5

Net (loss) earnings attributable to Manitowoc
 
$
(8.8
)
 
$
46.6

 
$
73.1

 
$
33.6

 
$
10.4

 
$
57.6

 
$
52.9

 
$
20.9

Basic earnings per share:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Earnings from continuing operations attributable to Manitowoc common shareholders
 
$
0.01

 
$
0.35

 
$
0.55

 
$
0.25

 
$
0.11

 
$
0.47

 
$
0.41

 
$
0.18

Discontinued operations:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loss from discontinued operations attributable to Manitowoc common shareholders
 
—

 
—

 
—

 
—

 
(0.02
)
 
(0.04
)
 
(0.01
)
 
(0.02
)
Loss on sale of discontinued operations, net of income taxes
 
(0.07
)
 
—

 
(0.01
)
 
—

 
(0.01
)
 
—

 
—

 
(0.01
)
(Loss) earnings per share attributable to Manitowoc common shareholders
 
$
(0.07
)
 
$
0.35

 
$
0.54

 
$
0.25

 
$
0.08

 
$
0.43

 
$
0.40

 
$
0.16

Diluted earnings per share:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Earnings from continuing operations attributable to Manitowoc common shareholders
 
$
0.01

 
$
0.34

 
$
0.54

 
$
0.24

 
$
0.10

 
$
0.46

 
$
0.40

 
$
0.18

Discontinued operations:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loss from discontinued operations attributable to Manitowoc common shareholders
 
—

 
—

 
—

 
—

 
(0.02
)
 
(0.04
)
 
(0.01
)
 
(0.02
)
Loss on sale of discontinued operations, net of income taxes
 
(0.07
)
 
—

 
(0.01
)
 
—

 
(0.01
)
 
—

 
—

 
(0.01
)
(Loss) earnings per share attributable to Manitowoc common shareholders
 
$
(0.06
)
 
$
0.34

 
$
0.53

 
$
0.25

 
$
0.08

 
$
0.43

 
$
0.39

 
$
0.15

Dividends per common share
 
$
—

 
$
—

 
$
—

 
$
0.08

 
$
—

 
$
—

 
$
—

 
$
0.08