AMPCO PITTSBURGH CORP AP Income Statement

Ampco pittsburgh corp (AP)

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	Sep'10	Jun'10
Net sales
91,063	97,019	90,872	102,519	107,494	95,822	98,824	118,371	106,415	-	103,886	110,550	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales
-	-	-	-	-	-	-	-	-	-	-	-	103,516	92,126	82,861	93,301	63,578	55,326	58,094	59,973	65,087	74,587	65,409	69,949	62,913	77,055	64,433	69,938	69,624	77,154	72,190	69,956	73,605	86,513	74,263	94,971	89,068	79,537	82,857
Operating costs and expenses:
Costs of products sold (excluding depreciation and amortization)
70,160	-	75,475	-	90,221	-	82,007	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs of products sold (excluding depreciation and amortization)
-	-	-	84,536	-	-	-	98,840	87,653	52,804	87,346	92,052	84,781	80,672	67,267	77,452	51,105	47,195	48,655	48,197	52,044	59,882	53,244	55,408	50,063	58,765	48,177	55,310	55,090	59,302	56,066	54,302	56,236	66,986	58,059	67,590	63,394	56,501	54,784
Selling and administrative
11,830	13,464	12,365	13,929	13,885	14,940	13,999	14,273	14,856	15,516	14,218	15,053	15,377	14,435	15,045	15,187	13,508	12,196	8,743	9,175	9,396	9,955	8,950	9,469	9,006	11,547	8,979	9,298	9,858	10,453	9,677	9,973	10,427	9,880	9,885	11,239	10,881	10,335	11,038
Depreciation and amortization
4,699	4,556	4,502	4,650	5,259	4,970	5,361	5,448	5,600	4,357	5,451	5,646	5,922	5,518	5,490	5,530	3,925	2,512	3,044	3,089	3,142	-	2,941	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charge
0	0	0	0	10,082	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,008	3,058	2,617	2,840	2,914	2,971	2,383	2,699	2,754	2,825	2,381	2,483	2,623	2,663	2,003	2,268
Charge (credit) for asbestos litigation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16,340	-	-	-	0	-	-	-	-	-	-	-	-
Loss on disposal of assets
-23	-30	130	-57	-6	258	-304	1	-83	-292	-110	1	0	-30	0	12	-3	-48	-9	-318	-3	-209	-232	-46	-9	-38	0	-25	6	-57	0	1	0	-	0	-1	-	0	-2
Total operating expenses
86,712	-	92,212	-	119,453	-	101,671	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
-	-	-	103,172	-	-	-	118,560	108,192	72,969	107,125	112,750	106,080	131,896	87,802	98,157	68,541	47,618	60,451	60,779	64,585	77,344	65,367	67,931	62,136	72,967	43,656	67,547	67,913	71,655	68,442	67,028	69,488	79,518	70,428	81,455	76,939	68,840	68,093
Income (loss) from continuing operations
4,351	3,044	-1,340	-653	-11,959	-40,079	-2,847	-189	-1,777	-5,766	-3,239	-2,200	-2,564	-39,770	-4,941	-4,856	-4,963	7,708	-2,357	-806	502	-2,757	42	2,018	777	4,088	20,777	2,391	1,711	5,499	3,748	2,928	4,117	6,994	3,834	13,515	12,128	10,696	14,764
Other income (expense):
Investment-related income
4	-2	19	1,360	40	33	433	43	24	28	34	22	49	-59	48	447	45	42	45	42	45	46	38	43	44	39	27	11	12	15	14	18	16	16	22	83	22	1,113	24
Interest expense
1,216	1,307	1,541	1,209	1,285	1,183	1,054	1,020	873	402	778	728	1,177	895	684	576	242	64	51	52	59	67	61	54	54	64	60	68	53	68	61	61	56	74	81	82	76	81	81
Other – net
-1,320	2,177	2,068	925	1,296	-915	1,255	721	3,621	-682	276	570	-885	-1,401	-365	-472	1,164	-294	4	181	-366	-563	-395	-77	128	-93	-532	-403	-603	-309	-170	-226	-237	-927	-334	138	-454	-82	-676
Total other income (expense)
-2,532	868	546	1,076	51	-2,065	634	-256	2,772	-1,056	-468	-136	-2,013	-2,355	-1,001	-601	967	-316	-2	171	-380	-584	-418	-88	118	-118	-565	-460	-644	-362	-217	-269	-277	-984	-393	139	-508	950	-733
Income (loss) from continuing operations before income taxes
1,819	3,912	-794	423	-11,908	-42,144	-2,213	-445	995	-6,822	-3,707	-2,336	-4,577	-42,125	-5,942	-5,457	-3,996	7,392	-2,359	-635	122	-3,341	-376	1,930	895	3,970	20,212	1,931	1,067	5,137	3,531	2,659	3,840	6,010	3,441	13,655	11,619	11,646	14,031
Income tax benefit (provision)
-2,783	392	429	644	643	-615	800	546	-463	416	-1,804	-102	135	1,085	21,602	875	-850	3,785	-959	-233	40	-1,539	-178	575	376	-2,145	7,057	581	320	1,575	1,498	770	1,375	4,152	525	4,366	3,873	3,946	4,582
Gain on sale of joint venture
-	-	-	-	-	-	-	-	-	501	0	485	50	308	4	-61	172	-275	-111	-118	-10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) from continuing operations
4,602	3,520	-1,223	-221	-12,551	-41,029	-3,013	-991	1,458	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of tax
0	-54	-3,398	-3,391	-2,242	-18,680	-3,443	-1,709	-69	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
4,602	3,466	-4,621	-3,612	-14,793	-59,709	-6,456	-2,700	1,389	-2,988	-1,903	-1,749	-4,662	-42,902	-27,540	-6,393	-2,974	3,332	-1,511	-520	72	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net income attributable to noncontrolling interest
460	391	434	246	355	534	583	294	448	203	299	164	121	160	-158	93	-84	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity losses in Chinese joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-145	-234	-441	-	-450	-244	-621	-243	-505	-381	-465	-104	-160	-167	-70	-177	-75
Net income (loss) attributable to Ampco-Pittsburgh
4,142	3,075	-5,055	-3,858	-15,148	-60,243	-7,039	-2,994	941	-3,191	-2,202	-1,913	-4,783	-43,062	-27,382	-6,486	-2,890	3,332	-1,511	-520	72	-2,043	-343	1,121	78	-1,500	12,705	1,106	126	3,319	1,528	1,508	2,000	1,753	2,756	9,122	7,676	7,523	9,373
Net income (loss) from continuing operations per share attributable to Ampco-Pittsburgh common shareholders:
Basic
0.33	0.20	-0.10	-0.02	-1.03	-3.45	-0.24	-0.08	0.12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted
0.33	0.20	-0.10	-0.02	-1.03	-3.45	-0.24	-0.08	0.12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of tax, per share attributable to Ampco-Pittsburgh common shareholders:
Basic
0.00	0.00	-0.27	-0.27	-0.18	-1.49	-0.28	-0.14	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted
0.00	0.00	-0.27	-0.27	-0.18	-1.49	-0.28	-0.14	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per share attributable to Ampco-Pittsburgh common shareholder:
Basic
0.33	0.25	-0.40	-0.31	-1.21	-4.85	-0.56	-0.24	0.08	-0.25	-0.18	-0.16	-0.39	-3.66	-2.23	-0.53	-0.26	0.31	-0.14	-0.05	0.01	-0.20	-0.03	0.11	0.01	-0.15	1.23	0.11	0.01	0.32	0.15	0.15	0.19	0.18	0.27	0.88	0.74	0.73	0.91
Diluted
0.33	0.25	-0.40	-0.31	-1.21	-4.85	-0.56	-0.24	0.08	-0.25	-0.18	-0.16	-0.39	-3.66	-2.23	-0.53	-0.26	0.31	-0.14	-0.05	0.01	-0.20	-0.03	0.11	0.01	-0.14	1.22	0.11	0.01	0.31	0.15	0.15	0.19	0.17	0.26	0.88	0.74	0.73	0.91
Cash dividends declared per share
-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.09	-	0.09	0.00	0.09	-	0.18	0.18	0.18	-	0.18	0.18	0.18	-	0.18	0.18	0.18	-	0.18	0.18	0.18	-	0.18	0.18	0.18	0.18	0.18
Weighted average number of common shares outstanding:
Basic
12,656	12,647	12,640	12,576	12,497	12,497	12,494	12,439	12,362	12,361	12,361	12,327	12,271	12,277	12,271	12,250	11,006	10,440	10,440	10,434	10,426	10,428	10,424	10,395	10,373	10,366	10,363	10,357	10,346	10,341	10,343	10,339	10,329	10,327	10,325	10,317	10,305	10,246	10,246
Diluted
12,672	12,647	12,640	12,576	12,497	12,479	12,494	12,439	12,379	12,362	12,361	12,327	12,271	12,277	12,271	12,250	11,006	10,450	10,440	10,434	10,464	10,323	10,424	10,448	10,423	10,411	10,408	10,407	10,399	10,394	10,384	10,387	10,393	10,395	10,403	10,406	10,366	10,290	10,289