Acco brands corporation (ACCO)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net sales

1,955,700

1,941,200

1,948,800

1,557,100

1,510,400

1,689,200

1,765,100

1,758,500

1,318,400

1,284,600

1,233,300

Cost of products sold

1,322,200

1,313,400

1,291,500

1,042,200

1,032,000

1,159,300

1,217,200

1,221,400

919,200

902,000

868,700

Gross profit

633,500

627,800

657,300

514,900

478,400

529,900

547,900

537,100

399,200

382,600

364,600

Operating costs and expenses:
Selling, general and administrative expenses

389,900

392,400

415,500

328,800

295,700

328,600

347,300

353,600

278,400

266,700

263,000

Amortization of intangibles

35,400

36,700

35,600

21,600

19,600

22,200

24,700

19,900

6,300

6,700

7,100

Restructuring charges

12,000

11,700

21,700

5,400

-400

5,500

30,100

24,300

-700

-500

17,400

Intangible asset impairment charges

-

-

-

-

-

-

-

-

-

-

1,700

Total operating costs and expenses

437,300

440,800

472,800

355,800

314,900

356,300

402,100

397,800

284,000

272,900

289,200

Operating income

196,200

187,000

184,500

159,100

163,500

173,600

145,800

139,300

115,200

109,700

75,400

Non-operating expense (income):
Interest expense

43,200

41,200

41,100

49,300

44,500

49,500

59,000

91,300

77,200

78,300

67,000

Interest income

3,200

4,400

5,800

6,400

6,600

5,600

4,300

2,000

-

-

-

Non-operating pension income

-5,500

-9,300

-8,500

-8,200

-

-

-

-

-

-

-

Equity in earnings of joint venture

-

-

-

2,100

7,900

8,100

8,200

6,900

8,500

8,300

4,400

Other income, net

1,800

-1,600

400

-1,400

-2,100

-800

-7,600

-61,300

-3,600

-1,200

-5,400

Income before income tax

163,500

157,900

158,100

125,100

131,400

137,000

91,700

-4,400

42,900

38,500

7,400

Income tax expense

56,700

51,200

26,400

29,600

45,500

45,400

14,400

-121,400

24,300

30,700

126,000

Income from continuing operations

-

-

-

-

-

-

77,300

117,000

18,600

7,800

-118,600

Loss from discontinued operations, net of income taxes

-

-

-

-

-

-

-200

-1,600

38,100

4,600

-7,500

Net income (loss)

106,800

106,700

131,700

95,500

85,900

91,600

77,100

115,400

56,700

12,400

-126,100

Earnings Per Share [Abstract]
Basic income per share:
Income from continuing operations

-

-

-

-

-

-

0.68

1.24

0.34

0.14

-2.18

Loss from discontinued operations

-

-

-

-

-

-

0.00

-0.02

0.69

0.08

-0.14

Basic income (loss) per share

1.07

1.02

1.22

0.89

0.79

0.81

0.68

1.23

1.03

0.23

-2.32

Diluted income per share:
Income from continuing operations

-

-

-

-

-

-

0.67

1.22

0.32

0.14

-2.18

Loss from discontinued operations

-

-

-

-

-

-

0.00

-0.02

0.66

0.08

-0.14

Diluted income (loss) per share

1.06

1.00

1.19

0.87

0.78

0.79

0.67

1.20

0.98

0.22

-2.32

Weighted average number of shares outstanding:
Basic

99,500

104,800

108,100

107,000

108,800

113,700

113,500

94,100

55,200

54,800

54,500

Diluted

101,000

107,000

110,900

109,200

110,600

116,300

115,700

96,100

57,600

57,200

54,500