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Note 19 — Quarterly Data (Unaudited)
First Second Third Fourth Total(1)
(In millions, except per share amounts)
2008
Net revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $494.7 $496.5 $475.9 $513.9 $1,981.0
Gross profit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96.3 91.4 78.5 72.6 338.8
Goodwill impairment . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — 32.4 32.4
Operating income (loss) . . . . . . . . . . . . . . . . . . . . . . . . 17.6 9.7 (11.0) (50.0) (33.7)
Income from continuing operations. . . . . . . . . . . . . . . . . 10.4 5.6 (7.4) (46.4) (37.8)
Discontinued operations . . . . . . . . . . . . . . . . . . . . . . . . 0.6 1.6 1.5 0.8 4.5
Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11.0 7.2 (5.9) (45.6) (33.3)
Earnings (loss) per common share, continuing operations:
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.28 $ 0.15 $ (0.20) $ (1.24) $ (1.01)
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.28 0.15 (0.20) (1.24) (1.01)
Earnings per common share, discontinued operations:
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.02 $ 0.04 $ 0.04 $ 0.02 $ 0.12
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.02 0.04 0.04 0.02 0.12
Earnings (loss) per common share, net income:
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.29 $ 0.19 $ (0.16) $ (1.22) $ (0.89)
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.29 0.19 (0.16) (1.22) (0.89)
2009
Net revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $396.5 $400.0 $401.3 $451.7 $1,649.5
Gross profit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66.9 63.4 64.5 69.2 264.0
Operating (loss) income . . . . . . . . . . . . . . . . . . . . . . . . (8.6) (59.3) 1.7 4.5 (61.7)
(Loss) income from continuing operations . . . . . . . . . . . . (12.7) (38.3) (0.3) 7.3 (44.0)
Discontinued operations . . . . . . . . . . . . . . . . . . . . . . . . 1.1 1.4 (0.1) (0.6) 1.8
Net (loss) income . . . . . . . . . . . . . . . . . . . . . . . . . . . . (11.6) (36.9) (0.4) 6.7 (42.2)
(Loss) earnings per common share, continuing operations:
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ (0.34) $ (1.02) $ (0.01) $ 0.19 $ (1.17)
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (0.34) (1.02) (0.01) 0.19 (1.17)
Earnings (loss) per common share, discontinued
operations:
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.03 $ 0.04 $ — $ (0.02) $ 0.05
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.03 0.04 — (0.02) 0.05
(Loss) earnings per common share, net income:
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ (0.31) $ (0.98) $ (0.01) $ 0.18 $ (1.12)
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (0.31) (0.98) (0.01) 0.18 (1.12)
(1) The sum of the quarterly earnings per share may not equal the annual earnings per share due to changes in average
shares outstanding.
82
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)