ALBEMARLE CORPORATION ALB Income Statement

Albemarle corporation (ALB)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Net sales
738,845	992,564	879,747	885,052	832,064	921,699	777,748	853,874	821,629	857,789	754,866	737,258	722,063	696,655	654,010	669,327	657,211	530,519	693,216	718,290	884,404	598,566	642,418	604,721	599,843	639,635	591,196	576,842	586,597	461,330	661,226	684,894	711,704	490,052	722,977	742,108	696,530	604,975	585,036	592,483	580,270	515,276	445,299
Cost of goods sold
496,827	654,053	569,880	559,138	548,578	601,315	497,211	542,518	516,650	554,086	479,210	465,297	467,107	455,959	415,038	421,223	414,677	359,828	474,171	506,259	625,938	436,126	436,972	397,358	404,244	386,356	381,585	385,172	390,686	280,505	443,476	435,606	460,724	281,313	464,965	490,159	463,514	412,526	388,213	404,316	415,799	381,197	335,481
Gross profit
242,018	338,511	309,867	325,914	283,486	320,384	280,537	311,356	304,979	303,703	275,656	271,961	254,956	240,696	238,972	248,104	242,534	170,691	219,045	212,031	258,466	162,440	205,446	207,363	195,599	253,279	209,611	191,670	195,911	180,825	217,750	249,288	250,980	208,739	258,012	251,949	233,016	192,449	196,823	188,167	164,471	134,079	109,818
Selling, general and administrative expenses
101,877	185,163	108,135	126,715	113,355	120,916	100,167	123,637	101,370	118,302	106,471	116,585	108,928	98,777	86,302	86,055	82,631	-4,347	81,012	88,010	135,765	144,008	66,012	67,011	78,104	-28,479	61,368	61,725	63,575	119,313	53,404	61,735	74,004	121,770	77,169	82,907	73,039	79,296	61,924	66,865	66,530	56,171	51,481
Research and development expenses
16,097	14,263	15,585	13,462	14,977	16,384	16,610	16,074	20,986	20,907	21,763	17,337	24,323	19,091	21,012	20,500	19,872	18,867	21,903	21,925	26,492	21,394	22,407	21,937	22,572	21,287	19,441	21,565	19,953	19,128	19,831	20,911	19,049	18,987	20,534	19,947	17,615	14,672	14,336	14,667	14,719	14,983	14,953
Restructuring and other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,804	-	-	5,322	293	3,332	17,000	33,361	0	0	0	-	0	94,703	-	-	-	-	-	0	0	0	6,958	-	-
Gain (Loss) on Disposition of Business
-	-	0	0	-	-	0	218,705	-	-	0	0	-	0	0	974	121,324	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition and integration related costs
-	-	-	-	-	-	-	-	-	-	-	-	-	13,047	6,749	19,030	18,558	13,430	36,514	22,832	59,523	15,054	10,261	4,843	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and other charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,393
Operating profit
124,044	139,085	186,147	185,737	155,154	174,807	163,760	390,350	182,623	164,494	147,422	138,039	121,705	109,781	124,909	123,493	242,797	142,741	86,420	79,264	36,686	-23,338	106,473	110,240	77,923	227,110	128,802	108,380	112,383	25,402	144,515	71,939	157,927	67,982	160,309	149,095	142,362	98,481	120,563	106,635	76,264	62,925	30,991
Interest and Debt Expense
16,885	22,400	11,108	11,601	12,586	12,571	12,988	13,308	13,538	16,455	15,792	14,590	68,513	18,321	15,946	15,800	15,114	6,011	19,294	20,599	35,746	15,103	8,749	8,733	8,773	9,224	9,496	7,608	5,231	7,666	7,914	8,486	8,734	8,998	9,710	9,274	9,592	7,474	6,139	5,984	5,936	6,199	6,088
Other income, net
8,314	-38,388	-11,316	-7,065	11,291	-32,528	3,793	-5,223	-30,476	-6,113	-1,986	-1,678	265	-21,275	2,990	-2,297	47	-3,084	124	286	49,957	-10,307	-6,618	-979	1,143	-527	-368	-1,585	-4,194	-335	2,370	-688	-118	-177	956	-760	338	1,204	1,303	-729	1,010	343	1,276
Income before income taxes and equity in net income of unconsolidated investments
115,473	78,297	163,723	167,071	153,859	129,708	154,565	371,819	138,609	141,926	129,644	121,771	53,457	70,185	111,953	105,396	227,730	133,646	67,250	58,951	50,897	-48,748	91,106	100,528	70,293	217,359	118,938	99,187	102,958	17,401	138,971	62,765	149,075	58,807	151,555	139,061	133,108	92,211	115,727	99,922	71,338	57,069	26,179
Income tax expense
18,442	-5,105	25,341	30,411	37,514	11,196	33,167	80,102	20,361	378,221	18,495	23,130	11,971	34,728	12,394	23,656	25,485	-31,001	13,144	14,851	14,140	-28,216	11,737	21,773	13,190	61,548	26,963	20,396	25,538	-12,949	32,472	21,882	39,028	4,048	38,097	30,154	32,172	18,839	27,886	24,331	16,700	5,549	-7,749
Income before equity in net income of unconsolidated investments
97,031	83,402	138,382	136,660	116,345	118,512	121,398	291,717	118,248	-236,295	111,149	98,641	41,486	35,457	99,559	81,740	202,245	164,647	54,106	44,100	36,757	-20,532	79,369	78,755	57,103	155,811	91,975	78,791	77,420	30,350	106,499	40,883	110,047	54,759	113,458	108,907	100,936	73,372	87,841	75,591	54,638	51,520	33,928
Income (Loss) from Equity Method Investments
26,604	22,841	33,236	38,310	35,181	27,537	22,081	18,969	20,677	29,224	19,044	15,048	21,171	14,847	14,953	13,846	15,991	6,732	5,736	5,118	10,392	7,542	8,650	10,649	8,901	6,421	5,338	9,709	10,261	8,834	7,935	12,712	8,586	6,636	9,500	14,787	12,831	8,025	9,179	10,495	10,276	5,809	6,204
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	50,304	114,512	95,586	218,236	-	59,842	49,218	-	-12,990	88,019	89,404	66,004	162,232	97,313	88,500	87,681	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	559,974	23,185	-398,340	17,312	-	11,030	10,122	-	-1,058	-6,679	-60,025	-1,769	-886	531	2,628	1,835	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
123,635	106,243	171,618	174,970	151,526	146,049	143,479	310,686	138,925	-207,071	130,193	113,689	62,657	610,278	137,697	-302,754	235,548	182,703	70,872	59,340	47,149	-14,048	81,340	29,379	64,235	161,346	97,844	91,128	89,516	43,465	114,434	53,595	118,633	59,778	122,958	123,694	113,767	81,397	97,020	86,086	64,914	57,329	40,132
Net income attributable to noncontrolling interests
16,431	15,852	16,548	20,772	17,957	16,453	13,734	8,225	7,165	11,295	11,523	10,356	11,444	8,188	9,477	12,067	7,362	8,451	5,480	7,193	4,034	4,460	8,546	6,932	7,652	5,413	7,332	8,389	5,529	5,739	4,975	3,506	4,371	4,501	6,860	9,535	7,187	4,367	3,331	4,335	1,606	5,198	1,639
Net Income (Loss) Attributable to Parent
107,204	90,391	155,070	154,198	133,569	129,596	129,745	302,461	131,760	-218,366	118,670	103,333	51,213	602,090	128,220	-314,821	228,186	174,252	65,392	52,147	43,115	-18,508	72,794	22,447	56,583	155,933	90,512	82,739	83,987	37,726	109,459	50,089	114,262	55,277	116,098	114,159	106,580	77,030	93,689	81,751	63,308	52,131	38,493
Earnings Per Share, Basic [Abstract]
Income (Loss) from Continuing Operations, Per Basic Share
-	-	-	-	-	-	-	-	-	-	-	-	-	0.38	0.93	0.74	1.88	-	0.48	0.37	-	-0.23	1.02	1.05	0.73	1.90	1.10	0.95	0.93	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic earnings per share from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	4.98	0.21	-3.54	0.15	-	0.10	0.09	-	-0.01	-0.09	-0.76	-0.02	-0.01	0.01	0.03	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic earnings per share (in dollars per share)
1.01	0.85	1.46	1.46	1.26	1.24	1.21	2.76	1.19	-1.97	1.07	0.93	0.46	5.36	1.14	-2.80	2.03	1.57	0.58	0.46	0.40	-0.24	0.93	0.29	0.71	1.89	1.11	0.98	0.95	0.42	1.23	0.56	1.28	0.64	1.29	1.24	1.16	0.84	1.03	0.90	0.69	0.57	0.42
Earnings Per Share, Diluted [Abstract]
Income (Loss) from Continuing Operations, Per Diluted Share
-	-	-	-	-	-	-	-	-	-	-	-	-	0.36	0.93	0.74	1.87	-	0.48	0.37	-	-0.21	1.01	1.04	0.73	1.88	1.10	0.95	0.92	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	4.95	0.20	-3.52	0.15	-	0.10	0.09	-	-0.02	-0.08	-0.76	-0.02	-0.01	0.01	0.03	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (in dollars per share)
1.01	0.85	1.46	1.45	1.26	1.23	1.20	2.73	1.18	-1.94	1.06	0.92	0.45	5.31	1.13	-2.78	2.02	1.56	0.58	0.46	0.40	-0.23	0.93	0.28	0.71	1.87	1.11	0.98	0.94	0.42	1.22	0.56	1.27	0.62	1.28	1.23	1.15	0.83	1.02	0.89	0.69	0.57	0.42
Weighted Average Number of Shares Outstanding, Basic
106,227	106,037	105,999	105,961	105,799	106,041	107,315	109,671	110,681	110,508	110,476	110,686	111,986	112,488	112,429	112,339	112,260	112,207	112,202	112,189	108,130	78,143	78,244	78,662	79,735	81,224	81,385	84,028	88,719	89,018	89,327	89,414	88,997	88,807	89,935	91,713	91,633	91,566	91,312	91,308	91,386	91,588	91,474
Weighted Average Number of Shares Outstanding, Diluted
106,512	106,313	106,299	106,316	106,356	107,004	108,302	110,659	111,867	112,151	111,975	112,105	113,289	113,563	113,448	113,175	112,770	112,609	112,544	112,607	108,464	78,546	78,659	79,091	80,112	81,711	81,852	84,489	89,236	89,659	89,879	90,051	89,947	89,818	90,958	92,795	92,517	92,350	92,082	92,111	92,193	92,174	92,011
Cash dividends declared per share of common stock (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.32	0.32	0.32	-	0.30	0.30	0.30	0.29	0.29	0.29	0.29	0.27	0.27	0.27	0.27	0.24	0.24	0.24	0.24	0.20	0.20	0.20	0.20	0.17	0.16	0.16	0.16	0.14	0.14	0.14	0.14	0.12	0.12