| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Net sales | ||||||||||
1,955,700 | 1,941,200 | 1,948,800 | 1,557,100 | 1,510,400 | 1,689,200 | 1,765,100 | 1,758,500 | 1,318,400 | 1,284,600 | 1,233,300 |
Cost of products sold | ||||||||||
1,322,200 | 1,313,400 | 1,291,500 | 1,042,200 | 1,032,000 | 1,159,300 | 1,217,200 | 1,221,400 | 919,200 | 902,000 | 868,700 |
Gross profit | ||||||||||
633,500 | 627,800 | 657,300 | 514,900 | 478,400 | 529,900 | 547,900 | 537,100 | 399,200 | 382,600 | 364,600 |
Operating costs and expenses: | ||||||||||
Selling, general and administrative expenses | ||||||||||
389,900 | 392,400 | 415,500 | 328,800 | 295,700 | 328,600 | 347,300 | 353,600 | 278,400 | 266,700 | 263,000 |
Amortization of intangibles | ||||||||||
35,400 | 36,700 | 35,600 | 21,600 | 19,600 | 22,200 | 24,700 | 19,900 | 6,300 | 6,700 | 7,100 |
Restructuring charges | ||||||||||
12,000 | 11,700 | 21,700 | 5,400 | -400 | 5,500 | 30,100 | 24,300 | -700 | -500 | 17,400 |
Intangible asset impairment charges | ||||||||||
- | - | - | - | - | - | - | - | - | - | 1,700 |
Total operating costs and expenses | ||||||||||
437,300 | 440,800 | 472,800 | 355,800 | 314,900 | 356,300 | 402,100 | 397,800 | 284,000 | 272,900 | 289,200 |
Operating income | ||||||||||
196,200 | 187,000 | 184,500 | 159,100 | 163,500 | 173,600 | 145,800 | 139,300 | 115,200 | 109,700 | 75,400 |
Non-operating expense (income): | ||||||||||
Interest expense | ||||||||||
43,200 | 41,200 | 41,100 | 49,300 | 44,500 | 49,500 | 59,000 | 91,300 | 77,200 | 78,300 | 67,000 |
Interest income | ||||||||||
3,200 | 4,400 | 5,800 | 6,400 | 6,600 | 5,600 | 4,300 | 2,000 | - | - | - |
Non-operating pension income | ||||||||||
-5,500 | -9,300 | -8,500 | -8,200 | - | - | - | - | - | - | - |
Equity in earnings of joint venture | ||||||||||
- | - | - | 2,100 | 7,900 | 8,100 | 8,200 | 6,900 | 8,500 | 8,300 | 4,400 |
Other income, net | ||||||||||
1,800 | -1,600 | 400 | -1,400 | -2,100 | -800 | -7,600 | -61,300 | -3,600 | -1,200 | -5,400 |
Income before income tax | ||||||||||
163,500 | 157,900 | 158,100 | 125,100 | 131,400 | 137,000 | 91,700 | -4,400 | 42,900 | 38,500 | 7,400 |
Income tax expense | ||||||||||
56,700 | 51,200 | 26,400 | 29,600 | 45,500 | 45,400 | 14,400 | -121,400 | 24,300 | 30,700 | 126,000 |
Income from continuing operations | ||||||||||
- | - | - | - | - | - | 77,300 | 117,000 | 18,600 | 7,800 | -118,600 |
Loss from discontinued operations, net of income taxes | ||||||||||
- | - | - | - | - | - | -200 | -1,600 | 38,100 | 4,600 | -7,500 |
Net income (loss) | ||||||||||
106,800 | 106,700 | 131,700 | 95,500 | 85,900 | 91,600 | 77,100 | 115,400 | 56,700 | 12,400 | -126,100 |
Earnings Per Share [Abstract] | ||||||||||
Basic income per share: | ||||||||||
Income from continuing operations | ||||||||||
- | - | - | - | - | - | 0.68 | 1.24 | 0.34 | 0.14 | -2.18 |
Loss from discontinued operations | ||||||||||
- | - | - | - | - | - | 0.00 | -0.02 | 0.69 | 0.08 | -0.14 |
Basic income (loss) per share | ||||||||||
1.07 | 1.02 | 1.22 | 0.89 | 0.79 | 0.81 | 0.68 | 1.23 | 1.03 | 0.23 | -2.32 |
Diluted income per share: | ||||||||||
Income from continuing operations | ||||||||||
- | - | - | - | - | - | 0.67 | 1.22 | 0.32 | 0.14 | -2.18 |
Loss from discontinued operations | ||||||||||
- | - | - | - | - | - | 0.00 | -0.02 | 0.66 | 0.08 | -0.14 |
Diluted income (loss) per share | ||||||||||
1.06 | 1.00 | 1.19 | 0.87 | 0.78 | 0.79 | 0.67 | 1.20 | 0.98 | 0.22 | -2.32 |
Weighted average number of shares outstanding: | ||||||||||
Basic | ||||||||||
99,500 | 104,800 | 108,100 | 107,000 | 108,800 | 113,700 | 113,500 | 94,100 | 55,200 | 54,800 | 54,500 |
Diluted | ||||||||||
101,000 | 107,000 | 110,900 | 109,200 | 110,600 | 116,300 | 115,700 | 96,100 | 57,600 | 57,200 | 54,500 |