Annual report pursuant to Section 13 and 15(d)

Quarterly Data (unaudited) (Details)

v3.3.1.900
Quarterly Data (unaudited) (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 12 Months Ended
Dec. 31, 2015
Oct. 03, 2015
Jul. 04, 2015
Apr. 04, 2015
Dec. 31, 2014
Sep. 27, 2014
Jun. 28, 2014
Mar. 29, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]                      
Net sales $ 986.1 $ 991.9 $ 1,142.0 $ 985.7 $ 938.6 $ 932.1 $ 1,073.1 $ 894.9 $ 4,105.7 $ 3,838.7 $ 3,599.7
Gross margin [1] 249.7 281.7 324.4 258.8 230.0 259.2 304.3 243.3 1,114.6 1,036.8  
Pension settlement charge 82.3 [2] 0.0 [2] 0.0 [2] 0.0 [2] 27.9 [2] 0.0 [2] 0.0 [2] 0.0 [2] 82.3 [2] 27.9 [2] 0.0
Restructuring, exit and impairment charges (12.4) [3] 0.0 [3] 0.0 [3] 0.0 [3] (0.2) [3] (0.9) [3] (3.1) [3] 0.0 [3] (12.4) [3] (4.2) [3] (16.5)
Impairment of equity method investment         (20.2) [4] 0.0 [4] 0.0 [4] 0.0 [4] 0.0 (20.2) [4] 0.0
Loss on early extinguishment of debt         (0.1) 0.0 0.0 0.0 0.0 (0.1) (32.8)
Net earnings (loss) from continuing operations (9.0) 72.2 107.6 56.6 (2.3) 61.0 87.1 49.1 227.4 194.9 756.8
Net earnings from discontinued operations, net of tax (0.3) [5] 3.7 [5] 10.2 [5] 0.4 [5] (2.0) [5] 43.4 [5] 1.5 [5] 7.9 [5] 14.0 [5] 50.8 [5] 12.4
Net earnings (loss) $ (9.3) $ 75.9 $ 117.8 $ 57.0 $ (4.3) $ 104.4 $ 88.6 $ 57.0 $ 241.4 $ 245.7 $ 769.2
Basic earnings per common share                      
Net earnings (loss) from continuing operations (in dollars per share) $ (0.10) $ 0.78 $ 1.15 $ 0.60 $ (0.03) $ 0.65 $ 0.93 $ 0.53 $ 2.45 $ 2.08 $ 8.30
Net earnings (loss) from discontinued operations (in dollars per share) 0.00 [5] 0.04 [5] 0.11 [5] 0.01 [5] (0.02) [5] 0.46 [5] 0.02 [5] 0.08 [5] 0.15 [5] 0.55 [5] 0.13
Net earnings (in dollars per share) (0.10) 0.82 1.26 0.61 (0.05) 1.11 0.95 0.61 2.60 2.63 8.43
Diluted earnings per common share                      
Net earnings (loss) from continuing operations (in dollars per share) (0.10) 0.77 1.14 0.59 (0.03) 0.64 0.92 0.52 2.41 2.05 8.07
Net earnings (loss) from discontinued operations (in dollars per share) 0.00 [5] 0.04 [5] 0.11 [5] 0.01 [5] (0.02) [5] 0.46 [5] 0.01 [5] 0.08 [5] 0.15 [5] 0.53 [5] 0.13
Net earnings (in dollars per share) (0.10) 0.81 1.25 0.60 (0.05) 1.10 0.93 0.60 2.56 2.58 8.20
Dividends declared 0.15 0.125 0.125 0.125 0.125 0.125 0.10 0.10 0.525 0.45 $ 0.10
Common Stock Price [Abstract]                      
High 55.51 55.27 55.29 56.40 51.94 44.90 46.53 46.74 56.40 51.94  
Low $ 47.64 $ 46.49 $ 50.05 $ 50.22 $ 39.29 $ 39.55 $ 38.95 $ 40.13 $ 46.49 $ 38.95  
[1] Gross margin is defined as Net sales less Cost of sales as presented in the Consolidated Statements of Operations.
[2] Pension settlement charges are discussed in Note 17 – Postretirement Benefits in the Notes to Consolidated Financial Statements.
[3] Restructuring, exit and impairment charges are discussed in Note 3 – Restructuring Activities in the Notes to Consolidated Financial Statements.
[4] Impairment of the marine equity method investment is discussed in Note 9 – Investments in the Notes to Consolidated Financial Statements.
[5] Certain quarterly earnings and earnings per share numbers include gains on the disposal of the Bowling Products and Bowling Retail businesses in 2015 and 2014, respectively. Refer to Note 2 – Discontinued Operations in the Notes to Consolidated Financial Statements.