AMERICAN AXLE & MANUFACTURING HOLDINGS, INC AXL Income Statement

American axle & manufacturing holdings, inc (AXL)

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
1,343,500	1,430,000	1,677,400	1,704,300	1,719,200	1,694,100	1,817,000	1,900,900	1,858,400	1,733,900	1,724,400	1,757,800	1,049,900	946,500	1,006,900	1,025,400	969,200	958,400	971,600	1,004,000	969,100	939,500	950,800	946,900	858,800	831,300	820,800	799,600	755,600	736,700	702,900	739,800	751,500	605,600	647,600	686,200	645,600	618,200	559,600
Cost of goods sold
1,148,200	1,246,600	1,428,700	1,456,000	1,497,000	1,468,800	1,549,600	1,569,500	1,542,100	1,439,600	1,426,700	1,441,400	839,200	767,000	825,700	834,000	795,200	798,600	813,300	839,500	816,300	828,300	810,100	797,900	736,900	704,400	695,500	677,400	651,300	652,700	612,200	654,000	612,300	499,900	544,100	555,700	530,200	504,300	460,700
Gross profit
195,300	183,400	248,700	248,300	222,200	225,300	267,400	331,400	316,300	294,300	297,700	316,400	210,700	179,500	181,200	191,400	174,000	159,800	158,300	164,500	152,800	111,200	140,700	149,000	121,900	126,900	125,300	122,200	104,300	84,000	90,700	85,800	139,200	105,700	103,500	130,500	115,400	113,900	98,900
Selling, general and administrative expenses
90,300	90,000	92,700	91,300	90,700	97,100	96,300	95,000	97,300	101,000	102,300	105,600	81,200	81,300	78,600	78,700	75,600	69,500	65,500	70,600	68,500	72,600	64,000	61,500	57,100	60,500	57,800	60,500	59,600	65,400	60,600	55,500	61,800	57,200	59,000	58,800	56,700	53,200	48,500
Amortization of intangible assets
21,800	21,800	23,700	24,900	25,000	24,900	24,800	24,800	24,900	24,500	24,400	24,800	1,600	-	1,300	1,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charges
510,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of Long-Lived Assets to be Disposed of
-	-	225,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and acquisition-related costs
17,600	21,800	11,700	12,200	12,100	12,100	11,700	36,800	18,300	20,200	22,800	51,700	16,000	26,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of business
-1,000	-21,300	0	0	0	-	0	15,500	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income (loss)
-445,400	-411,500	-104,400	119,900	94,400	-394,300	134,600	190,300	175,800	148,600	148,200	134,300	111,900	69,500	101,300	111,500	98,400	87,100	92,800	93,900	84,300	38,600	76,700	87,500	64,800	66,400	67,500	61,700	44,700	18,600	30,100	30,300	77,400	48,500	44,500	71,700	58,700	60,700	50,400
Interest expense
51,500	53,400	54,300	56,200	53,400	53,800	54,900	54,400	53,200	55,700	57,500	56,900	25,500	23,200	23,200	23,400	23,600	24,500	24,800	24,800	25,100	24,700	25,100	25,100	25,000	28,000	30,000	28,800	29,100	28,900	25,300	23,400	24,000	22,400	19,700	20,500	21,300	22,100	22,600
Interest income
2,800	2,400	2,200	500	700	400	600	500	500	700	800	800	600	300	500	1,500	600	600	600	600	800	800	700	300	300	200	100	200	100	0	200	100	300	300	300	300	300	400	600
Other income (expense)
Debt refinancing and redemption costs
-1,500	15,900	-5,100	-2,400	0	34,000	0	-4,300	-10,300	6,200	0	-2,700	0	-	0	0	-	-	-	-	-	-	-	-	-	25,600	0	-100	11,300	9,700	10,100	0	0	-	0	3,100	-	0	0
Gain on settlement of capital lease
-	-	0	0	-	-	0	15,600	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense, net
-2,300	-3,500	-2,900	-3,100	-3,000	2,400	-4,800	5,600	-5,400	600	500	-6,800	-1,100	4,800	900	2,100	1,000	1,100	6,700	1,800	2,400	6,400	-800	800	500	-500	100	-2,000	500	-100	-2,200	-600	-1,200	400	-200	-700	1,000	500	-700
Income (loss) before income taxes
-497,900	-465,900	-164,500	58,700	38,700	-450,100	75,500	153,300	107,400	93,400	92,000	68,700	85,900	51,400	79,500	91,700	76,400	63,500	75,300	71,500	62,400	21,100	51,500	63,500	40,600	12,500	37,700	31,200	4,900	-20,100	-7,300	6,400	52,500	26,800	24,900	47,700	38,700	39,500	27,700
Income tax expense (benefit)
3,300	-11,500	-40,400	6,000	-3,000	-88,500	11,500	2,000	17,900	-13,100	5,700	2,400	7,500	4,500	17,800	20,700	15,300	600	14,400	12,900	9,200	7,900	7,500	11,300	7,000	-17,300	6,100	5,400	-2,400	-340,000	900	1,700	2,200	-3,200	2,300	-200	2,100	800	2,400
Net income (loss)
-501,200	-454,400	-124,100	52,700	41,700	-361,600	64,000	151,300	89,500	106,500	86,300	66,300	78,400	-	61,700	71,000	-	-	-	-	-	-	-	-	33,600	-	31,600	25,800	7,300	319,900	-8,200	4,700	50,300	30,000	22,600	47,900	36,600	38,700	25,300
Net income attributable to noncontrolling interests
100	0	100	200	100	200	200	200	100	200	100	100	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-100	0	-900	-1,100	-2,200	-1,300	-1,100	-100	-100
Net income (loss) attributable to AAM
-501,300	-454,400	-124,200	52,500	41,600	-361,800	63,800	151,100	89,400	106,300	86,200	66,200	78,400	46,900	61,700	71,000	61,100	62,900	60,900	58,600	53,200	-	44,000	52,200	-	-	-	-	-	319,900	-8,100	4,700	51,200	31,100	24,800	49,200	37,700	38,800	25,400
Basic earnings (loss) per share
-4.45	-4.02	-1.10	0.45	0.36	-3.15	0.55	1.31	0.78	0.87	0.76	0.59	1.00	0.60	0.79	0.91	0.78	0.81	0.78	0.75	0.69	0.17	0.57	0.67	0.44	0.38	0.41	0.34	0.10	4.25	-0.11	0.06	0.68	0.42	0.33	0.65	0.51	0.54	0.36
Diluted earnings (loss) per share
-4.45	-4.02	-1.10	0.45	0.36	-3.14	0.55	1.30	0.78	0.88	0.75	0.59	0.99	0.60	0.78	0.90	0.78	0.81	0.78	0.75	0.68	0.17	0.57	0.67	0.44	0.38	0.41	0.34	0.10	4.24	-0.11	0.06	0.68	0.41	0.33	0.65	0.50	0.52	0.34