Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operations
Net sales	$ 1,613.1	$ 1,865.7	$ 2,305.2
Cost of sales	1,359.8	1,533.5	1,838.0
Gross profit	253.3	332.2	467.2
Operating costs and expenses:
Engineering, selling and administrative expenses	280.7	316.9	350.2
Asset impairment expense	96.9	15.3	0.0
Amortization of intangible assets	3.0	3.0	3.3
Restructuring expense	23.4	9.4	6.6
Other expense	2.6	0.0	0.0
Total operating costs and expenses	406.6	344.6	360.1
Operating (loss) income	(153.3)	(12.4)	107.1
Other (expense) income:
Interest expense	(39.6)	(95.6)	(92.8)
Amortization of deferred financing fees	(2.2)	(4.2)	(4.4)
Loss on debt extinguishment	(76.3)	(0.2)	(25.5)
Other income (expense) — net	3.3	1.4	(4.8)
Total other expense	(114.8)	(98.6)	(127.5)
Loss from continuing operations before taxes	(268.1)	(111.0)	(20.4)
Provision (benefit) for taxes on income	100.5	(41.1)	(17.8)
Loss from continuing operations	(368.6)	(69.9)	(2.6)
Discontinued operations:
(Loss) income from discontinued operations, net of income taxes of $0.6, $35.9 and $26.5, respectively	(7.2)	135.4	161.4
Loss on sale of discontinued operations, net of income taxes of $0.0, $0.0, and $(0.6), respectively	0.0	0.0	(11.0)
Net (loss) income	(375.8)	65.5	147.8
Less: Net income attributable to noncontrolling interest, net of tax	0.0	0.0	3.9
Net (loss) income attributable to Manitowoc common shareholders	(375.8)	65.5	143.9
Amounts attributable to the Manitowoc common shareholders:
Loss from continuing operations	(368.6)	(69.9)	(6.9)
(Loss) income from discontinued operations, net of income taxes	(7.2)	135.4	161.8
Loss on sale of discontinued operations, net of income taxes	0.0	0.0	(11.0)
Net (loss) income attributable to Manitowoc common shareholders	(375.8)	65.5	143.9
Net (loss) income	$ (375.8)	$ 65.5	$ 143.9
Basic (loss) income per common share:
(Loss) income from continuing operations attributable to Manitowoc common shareholders (in dollars per share)	$ (2.68)	$ (0.51)	$ (0.05)
Income (loss) from discontinued operations attributable to Manitowoc common shareholders (in dollars per share)	(0.05)	1.00	1.20
Loss on sale of discontinued operations, net of income taxes (in dollars per share)	0.00	0.00	(0.08)
Basic (loss) income per share attributable to Manitowoc common shareholders (in dollars per share)	(2.73)	0.48	1.07
Diluted (loss) income per common share:
(Loss) income from continuing operations attributable to Manitowoc common shareholders (in dollars per share)	(2.68)	(0.51)	(0.05)
Income (loss) from discontinued operations attributable to Manitowoc common shareholders (in dollars per share)	(0.05)	1.00	1.20
Loss on sale of discontinued operations, net of income taxes (in dollars per share)	0.00	0.00	(0.08)
Diluted (loss) income per share attributable to Manitowoc common shareholders (in dollars per share)	$ (2.73)	$ 0.48	$ 1.07

The aggregate total costs related to engineering, selling and administrative expenses. Engineering expenses pertains to improving existing products and developing new products, selling administrative expenses relate to selling a firm's product and services, as well as all other general and administrative expenses. It includes direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products. Finally general and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.

No definition available.