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v3.5.0.2

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015
Net sales |  |  |  |
Products | $ 887.4 | $ 910.4 | $ 1,784.7 | $ 1,840.7
Services | 144.9 | 149.6 | 290.1 | 307.3
Total net sales | 1,032.3 | 1,060.0 | 2,074.8 | 2,148.0
Cost of sales |  |  |  |
Products | 721.1 | 748.6 | 1,425.1 | 1,508.8
Services | 99.9 | 109.1 | 199.4 | 224.3
Total cost of sales | 821.0 | 857.7 | 1,624.5 | 1,733.1
Operating expenses |  |  |  |
Selling, general and administrative expenses | 113.0 | 110.4 | 232.0 | 220.1
Depreciation and amortization | 77.6 | 83.4 | 155.7 | 164.7
Restructuring, impairment and transaction-related charges | 7.4 | 34.3 | 36.3 | 44.4
Goodwill impairment | 0.0 | 0.0 | 0.0 | 23.3
Total operating expenses | 1,019.0 | 1,085.8 | 2,048.5 | 2,185.6
Operating income (loss) | 13.3 | (25.8) | 26.3 | (37.6)
Interest expense | 18.6 | 21.6 | 39.3 | 44.1
Gain on debt extinguishment | 0.0 | 0.0 | (14.1) | 0.0
Earnings (loss) before income taxes and equity in loss of unconsolidated entities | (5.3) | (47.4) | 1.1 | (81.7)
Income tax expense (benefit) | 1.0 | (3.8) | 2.7 | (4.8)
Loss before equity in loss of unconsolidated entities | (6.3) | (43.6) | (1.6) | (76.9)
Equity in loss of unconsolidated entities | 1.4 | 1.5 | 2.3 | 3.4
Net loss | $ (7.7) | $ (45.1) | $ (3.9) | $ (80.3)
Loss per share |  |  |  |
Basic and diluted (in dollars per share) | $ (0.16) | $ (0.94) | $ (0.08) | $ (1.68)
Dividends declared per share (in dollars per share) | $ 0.30 | $ 0.30 | $ 0.60 | $ 0.60
Weighted average number of common shares outstanding |  |  |  |
Basic and diluted (in shares) | 47.4 | 47.9 | 47.5 | 47.8

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