Belden inc. (BDC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues

2,131,278

2,165,702

2,087,185

2,356,672

2,309,222

2,308,265

2,069,193

1,840,739

1,882,187

1,543,386

1,362,016

1,992,168

Cost of sales

1,337,773

1,335,791

1,284,865

1,375,351

1,391,049

1,488,816

1,364,764

1,274,142

1,340,666

1,096,546

974,331

1,433,269

Gross profit

793,505

829,911

802,320

981,321

918,173

819,449

704,429

566,597

541,521

446,840

387,685

558,899

Selling, general and administrative expenses

417,329

411,352

389,743

486,403

525,518

483,990

378,009

345,926

319,034

273,270

262,473

347,665

Research and development expenses

94,360

91,552

88,748

140,519

148,311

113,914

83,277

65,410

54,752

41,730

40,441

41,820

Amortization of intangibles

74,609

75,140

90,188

98,385

103,791

58,426

50,803

22,792

13,149

10,567

9,871

9,874

Gain from patent litigation

0

62,100

0

0

-

-

-

-

-

-

-

-

Impairment of assets held for sale

-

-

-

23,931

0

0

-

-

-

-

-

-

Income from equity method investment

-

-

-

-

-

-

8,922

9,704

13,169

11,940

6,405

6,326

Asset impairment and loss on sale of assets

-

-

-

-

-

-

-

-33,676

-2,549

-16,574

-

-

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

404,196

Asset impairment

-

-

-

-

-

-

-

-

-

-

27,751

39,488

Loss on sale of assets

-

-

-

-

-

-

-

-

-

-

-17,184

-3,727

Operating income

207,207

314,008

233,641

232,083

140,553

163,119

201,262

108,497

165,206

116,639

36,370

-281,545

Interest expense, net

-55,814

-60,839

-82,651

-95,050

-100,613

-81,573

-72,601

-

-

-

-

-

Non-operating pension benefit

-1,017

99

561

8,230

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

0

-22,990

-52,441

-2,342

0

0

-1,612

-52,450

0

-

-

-

Interest expense

-

-

-

-

-

-

-

52,038

48,118

49,822

41,962

37,908

Interest income

-

-

-

-

-

-

-

1,033

1,011

1,184

1,043

5,285

Other income

-

-

-

-

-

-

-

-

-

1,465

-1,541

-

Income from continuing operations before taxes

152,410

230,080

97,988

126,461

39,940

81,546

127,049

5,042

118,099

69,466

-6,090

-314,168

Income tax expense

42,519

62,936

-4,619

-1,185

-26,568

7,114

22,315

-38,194

16,791

8,190

1,175

2,482

Income from continuing operations

109,891

167,144

102,607

-

66,508

74,432

104,734

43,236

101,308

61,276

-7,265

-316,650

Loss from discontinued operations, net of tax

-486,667

-6,433

-9,754

-

-242

579

-1,421

16,774

13,037

2,336

-17,636

-45,176

Loss from disposal of discontinued operations, net of tax

-

-

-

-

-86

-562

-

134,480

0

44,847

-

-

Net income (loss)

-376,776

160,711

92,853

127,646

66,180

74,449

103,313

-

-

-

-

-

Less: Net loss attributable to noncontrolling interests

239

-183

-357

-357

-24

0

-

-

-

-

-

-

Net income (loss) attributable to Belden

-377,015

160,894

93,210

128,003

66,204

74,449

103,313

194,490

114,345

108,459

-24,901

-361,826

Less: Preferred stock dividends

18,437

34,931

34,900

15,428

0

0

-

-

-

-

-

-

Net income (loss) attributable to Belden common stockholders

-395,452

125,963

58,279

112,575

66,204

74,449

-

-

-

-

-

-

Weighted average number of common shares and equivalents:
Basic

42,203

40,675

42,220

42,093

42,390

43,273

43,871

45,097

47,109

46

46

44,692

Diluted

42,416

40,956

42,643

42,557

42,953

43,997

44,737

45,942

48,104

47

46

44,692

Basic income (loss) per share attributable to Belden common stockholders:
Continuing operations attributable to Belden common stockholders

2.16

3.25

1.61

-

1.57

1.72

2.39

0.96

2.15

1.31

-0.16

-7.09

Discontinued operations attributable to Belden common stockholders (in dollars per share)

-11.53

-0.16

-0.23

-

-0.01

0.01

-0.03

0.37

0.28

0.05

-0.37

-1.01

Discontinued operations attributable to Belden common stockholders

-

-

-

-

-

-0.01

-

2.98

-

0.96

-

-

Net income (loss) per share attributable to Belden common stockholders

-9.37

3.10

1.38

2.67

1.56

1.72

2.36

4.31

2.43

2.32

-0.53

-8.10

Diluted income (loss) per share attributable to Belden common stockholders:
Continuing operations attributable to Belden common stockholders

2.15

3.23

1.60

-

1.55

1.69

2.34

0.94

2.11

1.28

-0.16

-7.09

Discontinued operations attributable to Belden common stockholders (in dollars per share)

-11.53

-0.16

-0.23

-

-0.01

0.01

-0.03

0.36

0.27

0.05

-0.37

-1.01

Discontinued operations attributable to Belden common stockholders

-

-

-

-

-

-0.01

-

2.93

-

0.94

-

-

Net income (loss) per share attributable to Belden common stockholders

-9.37

3.08

1.37

2.65

1.54

1.69

2.31

4.23

2.38

2.27

-0.53

-8.10