part iI / item 8 Note 15 – Quarterly Results for the Year (Unaudited) (a) Includes $14,747 of restructuring charges. (b) Includes the impact of item (a) cited above, net of tax. (c) Includes $18,276 gain on divestiture, net of tax. (d) Includes the impact of items (a) and (c) cited above, net of tax. (e) Includes $1,194 of charges related to repositioning activities. (f) Includes the impact of item (e) and $160 of restructuring charges. (g) Includes the impact of item (f) cited above, net of tax. (h) Reflects a gain on divestiture, net of tax (i) Includes $516 of charges related to repositioning activities. (j) Includes the impact of item (i), $3,556 of restructuring charges, $460 pension curtailment charge, and $3,874 non-deductible acquisition costs associated with the pending acquisition of MEI. (k) Includes the impact of item (j) cited above, net of tax. (l) Includes a $241,647 asbestos provision and a $30,327 environmental provision. (m) Includes the impact of item (l) cited above, net of tax. * EPS amounts may not add due to rounding (in thousands, except per share data) For year ended December 31, First Second Third Fourth Year 2012 Net sales $ 645,613 $657,686 $645,981 $ 629,788 $2,579,068 Cost of sales 429,621 436,095 426,148 (e) 418,085 (i) $1,709,949 Gross profit 215,992 221,591 219,833 211,703 869,119 Operating profit from continuing operations 78,297 69,377 (a) 86,584 (f) 76,183 (j) 310,441 Income from continuing operations attributable to common shareholders 50,840 42,653 (b) 56,224 (g) 45,644 (k) 195,361 Discontinued operations, net of tax 822 19,909 (c) 901 (h) — 21,632 Net income attributable to common shareholders 51,662 62,562 (d) 57,125 (g) 45,644 (k) 216,993 Earnings per basic share: Income from continuing operations attributable to common shareholders $ 0.88 $ 0.74 $ 0.99 $ 0.80 $ 3.40 Discontinued operations, net of tax 0.01 0.34 0.02 — 0.38 Net income attributable to common shareholders $ 0.89 $ 1.08 $ 1.00 $ 0.80 $ 3.78 Earnings per diluted share: Income from continuing operations attributable to common shareholders $ 0.86 $ 0.73 $ 0.97 0.79 $ 3.35 Discontinued operations, net of tax 0.01 0.34 0.02 — 0.37 Net income attributable to common shareholders $ 0.88 $ 1.07 $ 0.99 $ 0.79 $ 3.72 2011 Net sales $600,288 $633,189 $647,088 $ 619,804 $2,500,369 Cost of sales 390,779 415,985 428,524 417,950 $ 1,653,238 Gross profit 209,509 217,204 218,564 201,854 847,131 Operating profit (loss) from continuing operations 71,435 78,851 80,290 (194,005) (l) 36,571 Income (loss) from continuing operations attributable to common shareholders 47,542 49,727 51,353 (126,007) (m) 22,615 Discontinued Operations, net of tax 925 710 1,187 878 3,700 Net income (loss) attributable to common shareholders 48,467 50,437 52,540 (125,129) (m) 26,315 Earnings per basic share*: Income (loss) from continuing operations attributable to common shareholders $ 0.82 $ 0.85 $ 0.88 $ (2.18) $ 0.39 Discontinued operations, net of tax 0.02 0.01 0.02 0.02 0.06 Net income (loss) attributable to common shareholders $ 0.83 $ 0.87 $ 0.91 $ (2.16) $ 0.45 Earnings per diluted share*: Income (loss) from continuing operations attributable to common shareholders $ 0.80 $ 0.84 $ 0.87 $ (2.18) $ 0.38 Discontinued operations, net of tax 0.02 0.01 0.02 0.02 0.06 Net income (loss) attributable to common shareholders $ 0.81 $ 0.85 $ 0.89 $ (2.16) $ 0.44 63