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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Note 17 — Quarterly Data (Unaudited)
First Second Third Fourth Total(1)
(In millions, except per share amounts)
2012
Net revenue ................................. $263.3 $249.2 $227.4 $ 266.8 $1,006.7
Gross profit .................................. 53.6 49.6 43.1 43.0 189.3
Operating loss ............................... (5.6) (7.5) (3.7) (301.6) (318.4)
Loss from continuing operations .................. (9.2) (9.5) (3.8) (302.3) (324.8)
Loss from discontinued operations ................ (3.0) (2.5) (2.5) (7.9) (15.9)
Net loss .................................... (12.2) (12.0) (6.3) (310.2) (340.7)
Loss per common share, continuing operations:
Basic .................................... $(0.25) $ (0.25) $ (0.10) $ (8.13) $ (8.67)
Diluted ................................... (0.25) (0.25) (0.10) (8.13) (8.67)
Loss per common share, discontinued operations:
Basic .................................... (0.08) (0.07) (0.07) (0.21) (0.42)
Diluted ................................... (0.08) (0.07) (0.07) (0.21) (0.42)
Loss per common share, net income:
Basic .................................... (0.33) (0.32) (0.17) (8.34) (9.09)
Diluted ................................... (0.33) (0.32) (0.17) (8.34) (9.09)
2013
Net revenue ................................. $224.4 $211.7 $191.9 $ 232.8 $ 860.8
Gross profit .................................. 42.1 55.2 36.1 55.3 188.7
Operating (loss) income ........................ (14.7) — (26.5) 21.1 (20.1)
(Loss) income from continuing operations ........... (15.6) (1.8) (26.2) 19.2 (24.4)
Loss from discontinued operations ................ (5.5) (3.3) (8.7) (2.5) (20.0)
Net (loss) income ............................. (21.1) (5.1) (34.9) 16.7 (44.4)
(Loss) earnings per common share, continuing
operations:
Basic .................................... $(0.39) $ (0.04) $ (0.65) $ 0.47 $ (0.60)
Diluted ................................... (0.39) (0.04) (0.65) 0.47 (0.60)
Loss per common share, discontinued operations:
Basic .................................... (0.14) (0.08) (0.21) (0.06) (0.49)
Diluted ................................... (0.14) (0.08) (0.21) (0.06) (0.49)
(Loss) earnings per common share, net income:
Basic .................................... (0.52) (0.13) (0.86) 0.41 (1.10)
Diluted ................................... (0.52) (0.13) (0.86) 0.41 (1.10)
(1) The sum of the quarterly loss per share may not equal the annual loss per share due to changes in average shares
outstanding.
98