| Net sales |
2,549.4 |
2,399.8 |
1,853.7 |
| Cost of sales |
1,596.7 |
1,439.0 |
1,067.7 |
| Gross profit |
952.7 |
960.8 |
786.0 |
| Operating expenses: |
|
|
|
| Selling, technical, general and administrative |
578.6 |
611.2 |
504.7 |
| Research and development |
48.8 |
49.7 |
48.6 |
| Total operating expenses |
627.4 |
660.9 |
553.3 |
| Operating profit |
325.3 |
299.9 |
232.7 |
| Other (expense) income: |
|
|
|
| Interest expense, net |
(51.2) |
(54.2) |
(63.4) |
| Foreign exchange gain (loss) |
(5.0) |
15.8 |
(36.5) |
| Other income (expense), net |
2.9 |
(9.8) |
(51.7) |
| Total other expense |
(53.3) |
(48.2) |
(151.6) |
| Income (loss) before income taxes and non-controlling interests |
272.0 |
251.7 |
81.1 |
| Income tax (expense) benefit |
(85.8) |
(48.3) |
(4.3) |
| Net loss from continuing operations |
186.2 |
203.4 |
76.8 |
| Income (loss) from discontinued operations, net of tax |
1.8 |
0.3 |
(1.1) |
| Net income (loss) |
188.0 |
203.7 |
75.7 |
| Net loss attributable to non-controlling interests |
(0.8) |
(0.4) |
- |
| Net income (loss) attributable to common stockholders |
187.2 |
203.3 |
75.7 |
| |
|
|
|
| Earnings (loss) per share |
|
|
|
| Basic from continuing operations |
$0.75 |
$0.82 |
$0.31 |
| Basic from discontinued operations |
$0.01 |
- |
($0.01) |
| Basic attributable to common stockholders |
$0.76 |
$0.82 |
$0.30 |
| |
|
|
|
| Diluted from continuing operations |
$0.75 |
$0.82 |
$0.31 |
| Diluted from discontinued operations |
$0.01 |
- |
($0.01) |
| Diluted attributable to common stockholders |
$0.76 |
$0.82 |
$0.30 |
| |
|
|
|
| Weighted average common shares outstanding |
|
|
|
| Basic |
245.1 |
247.4 |
248.8 |
| Diluted |
245.8 |
247.9 |
249.9 |