Annual report pursuant to Section 13 and 15(d)

Quarterly Data (unaudited)

v2.4.0.6
Quarterly Data (unaudited)
12 Months Ended
Dec. 31, 2011
Quarterly Data (unaudited) [Abstract]  
Quarterly Data (unaudited)
Note 19 – Quarterly Data (unaudited)

Brunswick maintains its financial records on the basis of a fiscal year ending on December 31, with the fiscal quarters ending on the Saturday closest to the end of the period (13-week periods). The first three quarters of fiscal year 2011 ended on April 2, 2011, July 2, 2011, and October 1, 2011, and the first three quarters of fiscal year 2010 ended on April 3, 2010, July 3, 2010, and October 2, 2010.
 
   
Quarter Ended
     
(in millions, except per share data)
 
April 2,
2011
   
July 2,
2011
 
Oct. 1,
2011
   
Dec. 31,
2011
 
Year
 Ended
 Dec. 31,
2011
 
                               
Net sales
  $ 985.9     $ 1,096.3     $ 876.7     $ 789.1     $ 3,748.0  
Gross margin (A)
    236.3       274.8       202.8       161.5       875.4  
Restructuring, exit and impairment charges (gains)
    5.3       (0.3 )     13.2       4.5       22.7  
Loss on early extinguishment of debt
    4.3       0.9       11.7       2.9       19.8  
Net earnings (loss)
    27.5       69.3       4.7       (29.6 )     71.9  
Basic earnings (loss) per common share:
                                       
Net earnings (loss)
  $ 0.31     $ 0.78     $ 0.05     $ (0.33 )   $ 0.81  
Diluted earnings (loss) per common share:
                                       
Net earnings (loss)
  $ 0.30     $ 0.75     $ 0.05     $ (0.33 )   $ 0.78  
Dividends declared
  $ -     $ -     $ -     $ 0.05     $ 0.05  
Common stock price (NYSE symbol: BC):
                                       
High
  $ 25.51     $ 26.93     $ 21.91     $ 19.14     $ 26.93  
Low
  $ 18.95     $ 17.09     $ 13.61     $ 13.46     $ 13.46  
               
   
Quarter Ended
       
   
April 3,
2010
 
July 3,
2010
   
Oct. 2,
2010
 
Dec. 31,
2010
 
Year
 Ended
Dec. 31,
2010
                                         
Net sales
  $ 844.4     $ 1,014.7     $ 815.4     $ 728.8     $ 3,403.3  
Gross margin (A)
    178.6       242.3       183.3       115.8       720.0  
Restructuring, exit and impairment charges
    7.4       24.2       12.2       18.5       62.3  
Loss on early extinguishment of debt
    0.3       4.1       1.1       0.2       5.7  
Net earnings (loss)
    (13.0 )     13.7       (7.2 )     (104.1 )     (110.6 )
Basic earnings (loss) per common share:
                                       
Net earnings (loss)
  $ (0.15 )   $ 0.15     $ (0.08 )   $ (1.17 )   $ (1.25 )
Diluted earnings (loss) per common share:
                                       
Net earnings (loss)
  $ (0.15 )   $ 0.15     $ (0.08 )   $ (1.17 )   $ (1.25 )
Dividends declared
  $ -     $ -     $ -     $ 0.05     $ 0.05  
Common stock price (NYSE symbol: BC):
                                       
High
  $ 16.20     $ 22.62     $ 17.49     $ 19.28     $ 22.62  
Low
  $ 10.34     $ 12.39     $ 12.13     $ 14.86     $ 10.34  
 
(A)  
Gross margin is defined as Net sales less Cost of sales as presented in the Consolidated Statements of Operations.