Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Income (Loss)

v3.8.0.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Net sales $ 1,133.7 $ 1,193.2 $ 1,188.7
Cost of goods sold 963.6 963.1 993.0
Gross profit 170.1 230.1 195.7
Selling, general and administrative expenses 204.6 211.2 209.7
Intangible asset impairment 12.5 0.0 0.0
Operating (loss) income (47.0) 18.9 (14.0)
Interest expense 2.8 1.5 0.0
Other expense, net 0.2 5.8 3.6
(Loss) income from continuing operations before income taxes (50.0) 11.6 (17.6)
Income tax (benefit) expense (8.2) 4.1 (7.3)
(Loss) income from continuing operations (41.8) 7.5 (10.3)
Gain on disposal of discontinued operations, net of tax 0.0 1.7 39.9
Net (loss) income (41.8) 9.2 29.6
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustments 7.2 (8.2) (12.1)
Derivatives (loss) gain (1.5) (1.6) 0.6
Pension and postretirement adjustments 1.6 2.2 (0.2)
Total other comprehensive (loss) 7.3 (7.6) (11.7)
Total comprehensive (loss) income $ (34.5) $ 1.6 $ 17.9
Basic (loss) earnings per share of common stock:      
Basic earnings (loss) per share of common stock from continuing operations (in dollars per share) $ (1.54) $ 0.27 $ (0.37)
Basic earnings (loss) per share of common stock from discontinued operations (in dollars per share) 0.00 0.06 1.44
Basic earnings (loss) per share of common stock (in dollars per share) (1.54) 0.33 1.07
Diluted (loss) earnings per share of common stock:      
Diluted earnings (loss) per share of common stock from continuing operations (in dollars per share) (1.54) 0.27 (0.37)
Diluted earnings (loss) per share of common stock from discontinued operations (in dollars per share) 0.00 0.06 1.44
Diluted earnings (loss) per share of common stock (in dollars per share) $ (1.54) $ 0.33 $ 1.07