Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.19.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales $ 177.7 $ 201.2 $ 319.4 $ 365.5
Cost of goods sold 141.5 157.5 261.1 292.5
Gross profit 36.2 43.7 58.3 73.0
Selling, general and administrative expenses 32.5 40.0 70.2 78.2
Operating earnings (loss) 3.7 3.7 (11.9) (5.2)
Interest expense 0.9 1.0 1.9 2.0
Other expense, net 0.2 0.7 0.5 1.3
Earnings (loss) from continuing operations before income taxes 2.6 2.0 (14.3) (8.5)
Income tax (benefit) (2.7) (0.9) (3.0) (1.0)
Net earnings (loss) from continuing operations 5.3 2.9 (11.3) (7.5)
Net earnings from discontinued operations 0.0 7.6 0.0 7.6
Gain on disposal of discontinued operation, net of tax 9.4 0.0 9.3 0.0
Net earnings from discontinued operations 9.4 7.6 9.3 7.6
Total (income) expense, net of tax $ 14.7 $ 10.5 $ (2.0) $ 0.1
Basic earnings (loss) per share of common stock:        
Basic earnings (loss) per share of common stock from continuing operations (in dollars per share) $ 0.20 $ 0.11 $ (0.43) $ (0.29)
Basic earnings per share of common stock from discontinued operations (in dollars per share) 0.36 0.29 0.35 0.29
Earnings (loss) Per Share, Basic 0.56 0.40 (0.08) 0
Diluted earnings (loss) per share of common stock:        
Diluted earnings (loss) per share of common stock from continuing operations (in dollars per share) 0.20 0.11 (0.43) (0.29)
Diluted earnings per share of common stock from discontinued operations (in dollars per share) 0.36 0.29 0.35 0.29
Earnings (loss) Per Share, Diluted $ 0.56 $ 0.40 $ (0.08) $ 0