Altra industrial motion corp. (AIMC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net sales

1,834,100

1,175,300

876,700

708,906

746,652

819,817

722,218

731,990

674,812

520,162

452,846

Cost of sales

1,177,800

799,200

601,000

486,774

518,189

570,948

506,837

513,442

478,394

366,151

329,825

Gross profit

656,300

376,100

275,700

222,132

228,463

248,869

215,381

218,548

196,418

154,011

123,021

Operating expenses:
Selling, general and administrative expenses

359,000

251,900

164,500

140,492

139,217

156,471

130,155

127,044

113,375

89,478

81,117

Research and development expenses

59,100

33,100

24,400

17,677

17,818

15,522

12,536

11,457

10,609

6,731

6,261

Impairment of intangible assets

-

-

-

6,568

-

-

-

-

-

-

-

Gain on settlement of post employment benefit plans

-

-

-

-

-

-

-

-

-

-

-1,467

Restructuring costs

14,100

4,400

4,100

9,849

7,214

1,767

1,111

3,196

0

2,726

7,286

Loss on disposal of assets

-

-

-

-

-

-

-

-

-

-

-545

Total operating expenses

432,200

289,400

193,000

174,586

164,249

173,760

143,802

141,697

123,984

98,935

93,742

(Loss)/Income from operations

224,100

86,700

82,700

47,546

64,214

75,109

71,579

76,851

72,434

55,076

29,279

Other non-operating income and expense:
Loss on partial settlement of pension plan

-

-5,100

-1,700

-

-

-

-

-

-

-

-

Interest expense, net

-73,800

-28,600

-7,700

-11,679

12,164

11,994

10,586

40,790

24,035

19,638

32,976

Loss on write-off of deferred financing and extinguishment of convertible debt

-

-1,200

-1,800

-1,989

-

-

-

-

-

-

-

Other non-operating (income)/expense, net

-2,100

-100

-400

7

-963

3

-1,657

-1,702

32

-909

-981

Total other non-operating (income) expense, net

-75,900

-35,000

-11,600

-13,661

-13,127

-11,991

-12,243

-42,492

-24,003

-20,547

-33,957

(Loss)/Income before income taxes

148,200

51,700

71,100

33,885

51,087

63,118

59,336

34,359

48,431

34,529

-4,678

Provision for income taxes

21,000

16,400

19,700

8,745

15,744

22,936

19,151

10,154

10,756

10,004

-2,364

Net income

-

-

-

-

35,343

40,182

40,185

24,205

37,675

24,525

-

Net loss attributable to non-controlling interest

-

-

-

-

-63

15

-90

-88

-

-

-

Net (loss)/income

127,200

35,300

51,400

25,140

35,406

40,167

40,275

24,293

37,675

24,525

-2,314

Pension liability adjustment, net of tax

-

-

-

-

-

-

-

-

-1,603

-1,950

-514

Foreign currency translation adjustment, net of tax

-

-

-

-

-

-

-

-

-8,802

1,925

8,930

Total comprehensive income

-

-

-

-

-

-

-

-

27,270

24,500

7,130

Comprehensive loss attributable to non-controlling interest

-

-

-

-

-

-

-

-

-

0

-

Comprehensive income attributable to Altra Industrial Motion Corp.

-

-

-

-

-

-

-

-

27,270

24,500

-

Weighted average shares, basic

64,300

37,900

28,900

25,719

26,064

26,713

26,766

26,656

26,526

26,399

25,945

Weighted average shares, diluted

64,500

38,400

29,100

25,872

26,109

27,403

26,841

26,756

26,689

26,535

25,945

Net (loss)/income per share:
Basic

1.98

0.93

1.78

0.97

1.36

1.50

1.50

0.91

1.42

0.93

-0.09

Diluted

1.97

0.92

1.77

0.97

1.36

1.47

1.50

0.91

1.41

0.92

-0.09

Cash dividend declared per share

0.68

0.68

0.66

0.60

0.57

0.46

0.38

0.16

-

-

-