Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Income (Loss)

v3.7.0.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Net sales $ 1,193.2 $ 1,188.7 $ 1,220.4
Cost of goods sold 963.1 993.0 1,010.7
Gross profit 230.1 195.7 209.7
Selling, general and administrative expenses 211.2 209.7 177.1
Intangible asset impairments 0.0 0.0 10.8
Operating income (loss) 18.9 (14.0) 21.8
Interest expense 1.5 0.0 0.0
Other expense, net 5.8 3.6 4.4
Income (loss) from continuing operations before income taxes 11.6 (17.6) 17.4
Income tax expense (benefit) 4.1 (7.3) 7.9
Income (loss) from continuing operations 7.5 (10.3) 9.5
Net (loss) from discontinued operations, net of tax 0.0 0.0 (25.5)
Gain (loss) on disposal of discontinued operations, net of tax 1.7 39.9 (14.5)
Net (loss) from discontinued operations 1.7 39.9 (40.0)
Net income (loss) 9.2 29.6 (30.5)
Other comprehensive (loss), net of tax:      
Foreign currency translation adjustments (8.2) (12.1) (8.7)
Derivatives (loss) gain (1.6) 0.6 (1.1)
Pension and postretirement adjustments 2.2 (0.2) (0.2)
Total other comprehensive (loss) (7.6) (11.7) (10.0)
Total comprehensive income (loss) $ 1.6 $ 17.9 $ (40.5)
Basic earnings (loss) per share of common stock:      
Basic earnings (loss) per share of common stock from continuing operations (in dollars per share) $ 0.27 $ (0.37) $ 0.34
Basic earnings (loss) per share of common stock from discontinued operations (in dollars per share) 0.06 1.44 (1.44)
Basic earnings (loss) per share of common stock (in dollars per share) 0.33 1.07 (1.10)
Diluted earnings (loss) per share of common stock:      
Diluted earnings (loss) per share of common stock from continuing operations (in dollars per share) 0.27 (0.37) 0.34
Diluted earnings (loss) per share of common stock from discontinued operations (in dollars per share) 0.06 1.44 (1.44)
Diluted earnings (loss) per share of common stock (in dollars per share) $ 0.33 $ 1.07 $ (1.10)