| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | |||||||||||||||||
610,000 | 533,000 | 609,000 | 641,000 | 667,000 | 576,000 | 668,000 | 668,000 | 672,000 | 581,000 | -71,000 | 870,000 | 806,000 | 704,000 | -181,000 | 790,000 | 1,247,000 | 1,163,000 |
Cost of sales | |||||||||||||||||
413,000 | 380,000 | 399,000 | 434,000 | 469,000 | 424,000 | 436,000 | 439,000 | 449,000 | 402,000 | -148,000 | 635,000 | 578,000 | 515,000 | -16,000 | 554,000 | 823,000 | 771,000 |
Gross profit | |||||||||||||||||
197,000 | 153,000 | 210,000 | 207,000 | 198,000 | 152,000 | 232,000 | 229,000 | 223,000 | 179,000 | 77,000 | 235,000 | 228,000 | 189,000 | -165,000 | 236,000 | 424,000 | 392,000 |
Selling, general and administrative expense | |||||||||||||||||
103,000 | 120,000 | 131,000 | 150,000 | 115,000 | 143,000 | 211,000 | 181,000 | 146,000 | 154,000 | 116,000 | 182,000 | 155,000 | 157,000 | 216,000 | 160,000 | 258,000 | 224,000 |
Research and development expense | |||||||||||||||||
18,000 | 16,000 | 15,000 | 17,000 | 17,000 | 17,000 | 18,000 | 18,000 | 18,000 | 19,000 | 12,000 | 20,000 | 21,000 | 20,000 | 15,000 | 22,000 | 25,000 | 25,000 |
Intangibles amortization expense | |||||||||||||||||
21,000 | - | - | - | 21,000 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Equity and other income (loss) | |||||||||||||||||
7,000 | 0 | 1,000 | 3,000 | -1,000 | 1,000 | 1,000 | 0 | 4,000 | -1,000 | -5,000 | 4,000 | 1,000 | 3,000 | -9,000 | 3,000 | 6,000 | 8,000 |
Goodwill impairment - Note G | |||||||||||||||||
530,000 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating income (loss) | |||||||||||||||||
-468,000 | 17,000 | 86,000 | 43,000 | 44,000 | -7,000 | 4,000 | 30,000 | 63,000 | 5,000 | -56,000 | 37,000 | 53,000 | 15,000 | -405,000 | 57,000 | 147,000 | 151,000 |
Net interest and other expense (income) | |||||||||||||||||
-117,000 | -10,000 | -26,000 | -21,000 | 3,000 | -55,000 | -24,000 | -28,000 | -24,000 | -26,000 | -27,000 | -51,000 | -29,000 | -122,000 | -48,000 | -40,000 | -43,000 | -42,000 |
Other net periodic benefit income (expense) | |||||||||||||||||
0 | 0 | -12,000 | 0 | -1,000 | 18,000 | 16,000 | 0 | -1,000 | 0 | -4,000 | 0 | 0 | -2,000 | - | - | - | - |
Net income (loss) on divestitures | |||||||||||||||||
0 | 3,000 | 1,000 | 0 | 0 | -3,000 | -1,000 | -2,000 | 0 | -1,000 | -3,000 | -6,000 | 0 | -1,000 | -11,000 | 3,000 | -2,000 | 2,000 |
Income (loss) from continuing operations before income taxes | |||||||||||||||||
-585,000 | 10,000 | 49,000 | 22,000 | 46,000 | -47,000 | -7,000 | 0 | 40,000 | -22,000 | -94,000 | -20,000 | 24,000 | -106,000 | -541,000 | 20,000 | 102,000 | 111,000 |
Income tax expense (benefit) | |||||||||||||||||
-10,000 | -24,000 | 22,000 | -1,000 | 1,000 | 24,000 | -5,000 | -11,000 | -2,000 | 10,000 | 34,000 | -4,000 | -5,000 | -41,000 | -56,000 | -4,000 | 15,000 | 20,000 |
Income (loss) from continuing operations | |||||||||||||||||
-575,000 | 34,000 | 27,000 | 23,000 | 45,000 | -71,000 | -2,000 | 11,000 | 42,000 | -32,000 | -128,000 | -16,000 | 29,000 | -65,000 | -485,000 | 24,000 | 87,000 | 91,000 |
Income (loss) from discontinued operations (net of income taxes) | |||||||||||||||||
-7,000 | -2,000 | 384,000 | 43,000 | 31,000 | 23,000 | 11,000 | 25,000 | 31,000 | 28,000 | 71,000 | -14,000 | 76,000 | 75,000 | 210,000 | 47,000 | 0 | -2,000 |
Net income (loss) | |||||||||||||||||
-582,000 | 32,000 | 411,000 | 66,000 | 76,000 | -48,000 | 9,000 | 36,000 | 73,000 | -4,000 | -57,000 | -30,000 | 105,000 | 10,000 | -275,000 | 71,000 | 87,000 | 89,000 |
Net income attributable to noncontrolling interest | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 3,000 | 13,000 | 11,000 | 1,000 | 0 | 0 | 0 |
Net income attributable to Ashland | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | -57,000 | -33,000 | 92,000 | -1,000 | -276,000 | 71,000 | 87,000 | 89,000 |
PER SHARE DATA | |||||||||||||||||
Basic earnings per share - Note M | |||||||||||||||||
Income (loss) from continuing operations | |||||||||||||||||
-9.48 | 0.57 | 0.43 | 0.38 | 0.72 | -1.14 | -0.03 | 0.18 | 0.66 | -0.51 | -2.05 | -0.26 | 0.46 | -1.05 | -7.68 | 0.39 | 1.39 | 1.39 |
Income (loss) from discontinued operations | |||||||||||||||||
-0.13 | -0.03 | 6.21 | 0.68 | 0.49 | 0.38 | 0.18 | 0.39 | 0.51 | 0.44 | 1.13 | -0.28 | 1.02 | 1.04 | 3.30 | 0.76 | 0.00 | -0.02 |
Net income (loss) | |||||||||||||||||
-9.61 | 0.54 | 6.64 | 1.06 | 1.21 | -0.76 | 0.15 | 0.57 | 1.17 | -0.07 | -0.92 | -0.54 | 1.48 | -0.01 | -4.38 | 1.15 | 1.39 | 1.37 |
Diluted earnings per share - Note M | |||||||||||||||||
Income (loss) from continuing operations | |||||||||||||||||
-9.48 | 0.56 | 0.45 | 0.37 | 0.71 | -1.14 | -0.03 | 0.18 | 0.65 | -0.51 | -2.05 | -0.26 | 0.46 | -1.05 | -7.65 | 0.38 | 1.38 | 1.38 |
Income (loss) from discontinued operations | |||||||||||||||||
-0.13 | -0.03 | 6.10 | 0.68 | 0.48 | 0.38 | 0.18 | 0.38 | 0.50 | 0.44 | 1.14 | -0.28 | 1.01 | 1.04 | 3.32 | 0.75 | 0.00 | -0.03 |
Net income (loss) | |||||||||||||||||
-9.61 | 0.53 | 6.55 | 1.05 | 1.19 | -0.76 | 0.15 | 0.56 | 1.15 | -0.07 | -0.91 | -0.54 | 1.47 | -0.01 | -4.33 | 1.13 | 1.38 | 1.35 |
DIVIDENDS PAID PER COMMON SHARE | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.39 | 0.39 | 0.39 |
COMPREHENSIVE INCOME (LOSS) | |||||||||||||||||
Net income (loss) | |||||||||||||||||
-582,000 | 32,000 | 411,000 | 66,000 | 76,000 | -48,000 | 9,000 | 36,000 | 73,000 | -4,000 | -57,000 | -30,000 | 105,000 | 10,000 | -275,000 | 71,000 | 87,000 | 89,000 |
Other comprehensive income (loss), net of tax | |||||||||||||||||
Unrealized translation gain (loss) | |||||||||||||||||
-52,000 | 38,000 | -43,000 | 3,000 | -9,000 | -31,000 | 0 | -140,000 | 55,000 | 3,000 | 62,000 | 105,000 | 60,000 | -146,000 | 13,000 | -46,000 | 80,000 | -61,000 |
Net change in available-for-sale securities | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 4,000 | 6,000 | 0 | 4,000 | 4,000 | 3,000 | 6,000 |
Pension and postretirement obligation adjustment | |||||||||||||||||
0 | 0 | -1,000 | 0 | 0 | 6,000 | 0 | 0 | 0 | 0 | 1,000 | 0 | 2,000 | 1,000 | 7,000 | 0 | -24,000 | 3,000 |
Net change in investment securities | |||||||||||||||||
- | - | - | 0 | - | - | 9,000 | 2,000 | -6,000 | 8,000 | - | - | - | - | - | - | - | - |
Other comprehensive income (loss) | |||||||||||||||||
-52,000 | 38,000 | -42,000 | 3,000 | -9,000 | -37,000 | 9,000 | -138,000 | 49,000 | 11,000 | 66,000 | 109,000 | 64,000 | -147,000 | 10,000 | -42,000 | 107,000 | -58,000 |
Comprehensive income (loss) | |||||||||||||||||
-634,000 | 70,000 | 369,000 | 69,000 | 67,000 | -85,000 | 18,000 | -102,000 | 122,000 | 7,000 | 9,000 | 79,000 | 169,000 | -137,000 | -265,000 | 29,000 | 194,000 | 31,000 |
Comprehensive income attributable to noncontrolling interest | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 3,000 | 14,000 | 10,000 | 1,000 | 0 | 0 | 0 |
Comprehensive income attributable to Ashland | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 9,000 | 76,000 | 155,000 | -147,000 | -266,000 | 29,000 | 194,000 | 31,000 |