filings.toolsItem 6. Selected Financial Data
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Item 6. Selected Financial Data
The following table presents our summary consolidated financial data. We derived the following historical selected financial data from our audited consolidated financial statements. Our fiscal year is determined based on a 52- or 53-week convention ending on the Sunday nearest to December 31. Each fiscal year presented below contained 52 weeks. The five-year summary of selected financial data should be read in conjunction with the discussion under “Item 7-Management’s Discussion and Analysis of Financial Condition and Results of Operation” and the Notes to Consolidated Financial Statements.
Five-Year Summary of Selected Financial Data
| 2020 | 2019 | 2018 | 2017 | 2016 | ||||||||||||||||||||||||||||
| (In millions, except per-share amounts) | ||||||||||||||||||||||||||||||||
| Net sales | $ | 3,086.2 | $ | 3,163.6 | $ | 2,901.8 | $ | 2,603.8 | $ | 2,149.9 | ||||||||||||||||||||||
| Net income | $ | 401.9 | $ | 402.3 | $ | 333.8 | $ | 227.2 | $ | 190.9 | ||||||||||||||||||||||
| Basic earnings per common share | $ | 10.95 | $ | 11.08 | $ | 9.32 | $ | 6.45 | $ | 5.52 | ||||||||||||||||||||||
| Diluted earnings per common share | $ | 10.62 | $ | 10.73 | $ | 9.01 | $ | 6.26 | $ | 5.37 | ||||||||||||||||||||||
| Weighted average diluted common shares outstanding | 37.9 | 37.5 | 37.0 | 36.3 | 35.5 | |||||||||||||||||||||||||||
| Total assets | $ | 5,084.8 | $ | 4,579.8 | $ | 3,809.3 | $ | 3,846.4 | $ | 2,774.4 | ||||||||||||||||||||||
| Long-term debt, less current portion | $ | 680.9 | $ | 750.0 | $ | 610.1 | $ | 1,063.9 | $ | 509.7 | ||||||||||||||||||||||
| Total stockholders’ equity | $ | 3,228.6 | $ | 2,714.7 | $ | 2,229.7 | $ | 1,947.3 | $ | 1,554.4 |
Each fiscal year includes the impact of the acquisitions. See Note 3 to our Consolidated Financial Statements for additional information about recent acquisitions.
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