| Net sales |
2,333.2 |
2,549.4 |
2,399.8 |
| Cost of sales |
1,414.7 |
1,596.7 |
1,439.0 |
| Gross profit |
918.5 |
952.7 |
960.8 |
| Operating expenses: |
| Selling, technical, general and administrative |
596.8 |
578.6 |
611.2 |
| Research and development |
68.1 |
48.8 |
49.7 |
| Total operating expenses |
744.9 |
627.4 |
660.9 |
| Operating profit |
173.6 |
325.3 |
299.9 |
| Other (expense) income: |
| Interest expense, net |
(49.3) |
(51.2) |
(54.2) |
| Foreign exchange gain (loss) |
(7.9) |
(5.0) |
15.8 |
| Other income (expense), net |
(3.1) |
2.9 |
(9.8) |
| Total other expense |
(44.5) |
(53.3) |
(48.2) |
| Income (loss) before income taxes and non-controlling interests |
129.1 |
272.0 |
251.7 |
| Income tax (expense) benefit |
(13.0) |
(85.8) |
(48.3) |
| Net loss from continuing operations |
116.1 |
186.2 |
203.4 |
| Income (loss) from discontinued operations, net of tax |
2.1 |
1.8 |
0.3 |
| Net income (loss) |
118.2 |
188.0 |
203.7 |
| Net loss attributable to non-controlling interests |
(0.1) |
(0.8) |
(0.4) |
| Net income (loss) attributable to common stockholders |
118.1 |
187.2 |
203.3 |
| |
| Earnings (loss) per share |
| Basic from continuing operations |
$0.48 |
$0.75 |
$0.82 |
| Basic from discontinued operations |
$0.01 |
$0.01 |
- |
| Basic attributable to common stockholders |
$0.49 |
$0.76 |
$0.82 |
| |
| Diluted from continuing operations |
$0.48 |
$0.75 |
$0.82 |
| Diluted from discontinued operations |
$0.01 |
$0.01 |
- |
| Diluted attributable to common stockholders |
$0.49 |
$0.76 |
$0.82 |
| |
| Weighted average common shares outstanding |
|
|
|
| Basic |
241.4 |
245.1 |
247.4 |
| Diluted |
241.8 |
245.8 |
247.9 |