ARMSTRONG WORLD INDUSTRIES, INC. AWI Income Statement

Armstrong world industries, inc. (AWI)

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
248,700	246,900	277,100	272,000	242,100	238,900	260,500	248,600	227,300	214,300	233,900	225,600	219,800	-99,300	334,900	314,300	287,400	-388,300	335,900	306,100	551,400	-633,700	678,900	659,100	590,000	468,800	729,700	706,600	622,300	422,600	694,700	675,400	636,000	555,100	734,200	748,600	685,200	739,800	724,800
Cost of goods sold
157,400	158,300	165,400	168,600	150,700	156,800	162,600	165,900	156,500	153,200	143,100	140,400	141,500	-120,800	225,200	222,800	203,100	-362,200	224,800	214,600	421,900	-559,700	510,900	512,100	447,900	364,500	549,800	542,300	477,800	326,200	507,800	504,800	496,000	441,700	545,100	563,900	524,500	567,800	554,400
Gross profit
91,300	88,600	111,700	103,400	91,400	82,100	97,900	82,700	70,800	61,100	90,800	85,200	78,300	21,500	109,700	91,500	84,300	-26,100	111,100	91,500	129,500	-74,000	168,000	147,000	142,100	104,300	179,900	164,300	144,500	96,400	186,900	170,600	140,000	113,400	189,100	184,700	160,700	172,000	170,400
Selling, general and administrative expenses
34,800	40,000	41,300	37,400	55,600	45,300	35,300	40,900	37,500	32,800	30,800	35,700	39,300	19,000	55,700	55,800	53,700	-47,800	64,000	61,600	103,000	-54,200	101,000	100,200	103,100	60,000	103,000	111,200	112,700	52,300	94,000	107,900	110,700	99,000	112,700	122,200	120,100	125,200	131,800
Separation costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	3,900	27,100	17,500	7,400	5,100	4,300	-	-	-	-	-	100	100	-	-	200	0	200	-17,000	700	2,400	4,900	15,000	0
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity earnings from joint venture
19,500	13,600	42,900	21,200	18,900	15,700	18,700	24,200	16,300	15,100	13,900	19,700	18,300	16,100	19,000	19,900	18,100	16,500	19,600	16,400	13,600	13,900	18,800	17,600	14,800	13,200	16,600	14,400	15,200	11,900	15,500	14,900	13,600	10,500	15,400	12,600	16,400	13,200	14,300
Operating income
76,000	62,200	113,300	87,200	54,700	52,500	81,300	66,000	49,600	43,400	73,900	69,200	57,300	51,600	71,000	51,700	21,600	20,700	59,300	41,200	35,800	-5,100	85,800	63,600	53,800	57,400	93,600	67,600	47,000	56,000	108,600	77,600	42,700	23,900	91,100	72,700	52,100	45,000	52,900
Interest expense
6,700	6,800	11,700	9,500	10,400	10,300	9,900	9,800	9,200	8,800	8,800	8,900	8,900	6,100	9,000	12,500	21,900	10,700	11,300	11,400	11,200	11,700	10,900	11,800	11,600	12,300	11,400	11,800	33,200	13,900	14,100	14,400	11,200	10,900	11,300	11,500	14,800	3,900	4,000
Other non-operating expense (income), net
-369,400	4,400	5,100	5,400	5,500	5,200	9,200	9,100	9,000	8,800	-12,300	8,300	8,900	-4,700	1,600	2,100	5,200	-23,200	1,400	3,400	600	300	700	600	600	1,100	0	1,400	1,300	1,400	600	700	800	700	1,700	800	600	4,100	800
Other non-operating expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,800	200	1,300	-3,300	2,600	1,200	5,400	-	200	700	-	-	200	300	-	100	100	800	300	100	300
(Loss) earnings from continuing operations before income taxes
-300,100	59,800	106,700	83,100	49,800	47,400	80,600	65,300	49,400	43,400	52,800	68,600	57,300	40,800	63,600	41,300	4,900	500	37,200	33,000	23,900	-13,200	73,000	51,200	37,400	45,100	82,000	56,500	15,100	43,800	94,900	63,600	32,300	13,600	81,400	61,200	37,600	45,100	49,400
Income tax (benefit) expense
-77,500	8,300	16,000	19,400	13,400	10,800	16,400	17,700	8,200	-60,700	15,500	24,900	21,800	6,900	7,700	24,700	12,000	-18,800	17,500	17,900	20,100	-900	26,300	24,600	19,300	7,500	26,100	25,900	11,900	20,400	20,900	21,400	13,300	3,800	29,800	23,300	24,100	20,500	22,600
(Loss) earnings from continuing operations
-222,600	51,500	90,700	63,700	36,400	36,600	64,200	47,600	41,200	104,100	37,300	43,700	35,500	33,900	55,900	16,600	-7,100	19,300	19,700	15,100	3,800	-12,300	46,700	26,600	18,100	37,600	55,900	30,600	3,200	23,400	74,000	42,200	19,000	-	51,600	-	-	-	-
Net earnings from discontinued operations, net of tax (benefit) of $- and ($0.1)
-	-4,800	4,800	-2,300	500	-4,800	5,000	5,500	3,900	4,900	6,200	-2,200	-4,700	-5,400	0	0	-4,500	-	10,600	14,800	-	20,900	-14,900	-5,600	-1,200	-	-	-	-	-14,100	-11,100	-400	-800	-	900	-	-	-	-
(Loss) gain from disposal of discontinued businesses, net of tax (benefit) of ($1.4) and $-
-3,600	1,000	-22,300	-6,900	2,200	2,800	7,000	-5,800	-17,300	-110,500	5,900	-200	-400	-1,400	14,700	300	1,700	-2,400	1,500	-300	42,800	-12,200	-200	-2,100	0	0	-5,500	-700	-200	-	-	-	-	-	-	-	-	-	-
Net (loss) gain from discontinued operations
-3,600	-3,800	-17,500	-9,200	2,700	-2,000	12,000	-300	-13,400	-105,600	12,100	-2,400	-5,100	-6,800	14,700	300	-2,800	-	12,100	14,500	-	8,700	-15,100	-7,700	-1,200	-26,800	-5,500	-700	-200	-15,000	-11,100	-400	-800	-	-	-	-	-	-
Net (loss) earnings
-226,200	47,700	73,200	54,500	39,100	34,600	76,200	47,300	27,800	-1,500	49,400	41,300	30,400	27,100	70,600	16,900	-9,900	-13,800	31,800	29,600	46,600	-3,600	31,600	18,900	16,900	10,800	50,400	29,900	3,000	8,400	62,900	41,800	18,200	8,500	52,500	37,900	13,500	24,600	26,800
Other comprehensive income, net of tax:
Foreign currency translation adjustments
-2,100	-500	78,600	700	5,300	-5,700	-7,000	-20,800	5,900	3,600	7,000	2,800	11,100	-19,400	-2,000	-13,200	1,400	-4,200	-13,400	7,400	-15,300	-19,600	-14,100	4,500	-400	-100	6,200	-8,700	-6,200	-100	10,400	-8,600	5,300	-3,700	-13,300	4,000	11,400	-	-
Derivative (loss), net
-11,800	2,000	-2,700	-8,100	-5,100	-4,200	-500	2,000	3,800	1,700	-300	-1,800	100	6,300	1,700	-2,100	1,600	900	900	-600	-500	-2,000	4,900	-5,600	-600	4,700	-2,700	12,200	4,300	2,000	-2,900	-2,000	-2,300	-1,900	-4,700	-3,500	1,100	-	-
Pension and postretirement adjustments
-288,300	-2,000	-5,500	-2,900	-2,800	40,500	-2,700	-3,100	-1,800	-14,900	-14,300	-2,000	-2,500	-25,400	-6,900	-9,200	-7,800	-700	-11,100	-9,200	-11,900	112,300	-8,500	-5,700	-7,100	-71,300	-3,900	-6,000	-8,900	65,800	-2,700	-2,500	-2,400	88,000	-2,800	-3,200	-3,300	-	-
Total other comprehensive income
274,400	3,500	81,400	-4,500	3,000	-50,400	-4,800	-15,700	11,500	20,200	21,000	3,000	13,700	12,300	6,600	-6,100	10,800	-2,600	-1,400	16,000	-3,900	-133,900	-700	4,600	6,100	75,900	7,400	9,500	7,000	-63,900	10,200	-8,100	5,400	-93,600	-15,200	3,700	15,800	-	-
Total comprehensive income
48,200	51,200	154,600	50,000	42,100	-15,800	71,400	31,600	39,300	18,700	70,400	44,300	44,100	39,400	77,200	10,800	900	-16,400	30,400	45,600	42,700	-137,500	30,900	23,500	23,000	86,700	57,800	39,400	10,000	-55,500	73,100	33,700	23,600	-85,100	37,300	41,600	29,300	-	-
(Loss) earnings per share of common stock, continuing operations:
Basic
-4.64	1.06	1.86	1.30	0.75	0.73	1.26	0.91	0.78	1.95	0.70	0.82	0.65	0.62	1.00	0.30	-0.13	0.35	0.35	0.27	0.07	-0.22	0.84	0.48	0.33	0.68	0.95	0.51	0.05	0.38	1.25	0.72	0.32	-	0.88	-	-	-	-
Diluted
-4.64	1.04	1.83	1.28	0.73	0.74	1.23	0.90	0.76	1.93	0.69	0.81	0.65	0.63	0.99	0.29	-0.13	0.34	0.35	0.27	0.07	-0.23	0.84	0.48	0.33	0.67	0.94	0.51	0.05	0.38	1.24	0.71	0.32	-	0.88	-	-	-	-
(Loss) earnings per share of common stock, discontinued operations:
Basic
-0.07	-0.07	-0.36	-0.19	0.05	-0.05	0.24	-0.01	-0.25	-1.98	0.23	-0.05	-0.09	-0.13	0.26	0.01	-0.05	-0.60	0.22	0.26	0.77	0.15	-0.27	-0.14	-0.02	-0.47	-0.09	-0.01	0.00	-0.25	-0.19	-0.01	-0.01	-	0.01	-	-	-	-
Diluted
-0.07	-0.07	-0.35	-0.19	0.05	-0.04	0.23	-0.01	-0.25	-1.97	0.23	-0.04	-0.09	-0.13	0.26	0.01	-0.05	-0.58	0.21	0.26	0.76	0.15	-0.27	-0.14	-0.02	-0.47	-0.09	-0.01	0.00	-0.25	-0.19	-0.01	-0.01	-	0.01	-	-	-	-
Net (loss) earnings per share of common stock:
Basic
-4.71	0.99	1.50	1.11	0.80	0.68	1.50	0.90	0.53	-0.03	0.93	0.77	0.56	0.49	1.27	0.30	-0.18	-0.25	0.57	0.53	0.84	-0.07	0.57	0.34	0.31	0.21	0.86	0.50	0.05	0.13	1.06	0.71	0.31	0.15	0.89	0.64	0.23	0.42	0.47
Diluted
-4.71	0.97	1.48	1.09	0.78	0.70	1.46	0.89	0.51	-0.04	0.92	0.77	0.56	0.49	1.26	0.30	-0.18	-0.24	0.56	0.53	0.83	-0.07	0.57	0.34	0.30	0.20	0.85	0.50	0.05	0.13	1.05	0.70	0.31	0.14	0.89	0.64	0.23	0.42	0.46
Average number of common shares outstanding:
Basic
48,000	48,400	48,700	49,000	48,700	49,600	50,700	51,900	53,000	52,800	53,000	53,300	54,100	54,900	55,500	55,600	55,600	55,700	55,500	55,500	55,300	55,400	55,000	54,800	54,800	54,300	58,400	59,300	59,200	59,300	58,900	58,800	58,600	116,699	58,400	0	58,100	57,700	57,600
Diluted
48,000	49,200	49,500	49,800	49,500	50,100	51,900	52,600	53,800	53,900	53,500	53,700	54,500	55,200	56,000	56,000	55,600	56,200	55,900	55,800	55,700	55,500	55,500	55,300	55,300	54,900	59,000	59,900	59,800	60,100	59,400	59,400	59,100	117,599	58,800	0	58,800	58,200	58,100
Dividend declared per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	8.55	-	-	-	-	-	-