Belden inc. (BDC)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Apr'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenues

463,526

549,688

620,318

637,530

500,140

235,724

655,774

668,639

605,565

303,426

621,745

610,633

551,381

612,435

601,109

601,631

541,497

597,244

579,266

585,755

546,957

608,910

610,774

600,891

487,690

509,751

522,478

529,491

507,473

477,687

465,234

458,218

439,600

364,595

519,713

536,251

461,628

351,472

396,927

410,563

384,424

355,159

343,821

Cost of sales

293,025

243,066

384,916

396,507

313,284

154,860

394,917

411,043

374,971

206,433

381,896

367,529

329,007

350,324

355,147

353,418

316,462

347,127

353,135

351,479

339,308

391,295

389,042

396,506

311,973

334,712

339,637

350,295

340,120

327,350

326,421

313,570

306,801

262,894

366,962

379,637

331,173

250,530

278,743

293,259

274,014

247,086

235,303

Gross profit

170,501

202,772

235,402

241,023

186,856

80,864

260,857

257,596

230,594

96,993

239,849

243,104

222,374

262,111

245,962

248,213

225,035

250,117

226,131

234,276

207,649

217,615

221,732

204,385

175,717

175,039

182,841

179,196

167,353

150,337

138,813

144,648

132,799

101,701

152,751

156,614

130,455

100,942

118,184

117,304

110,410

108,073

108,518

Selling, general and administrative expenses

98,389

76,723

120,169

122,482

97,955

14,922

132,716

138,842

124,872

42,957

116,129

118,071

112,586

114,278

126,662

123,057

122,406

130,094

127,792

127,584

140,048

124,136

119,104

145,902

94,848

96,327

96,197

93,503

91,982

89,789

98,273

76,342

81,522

74,363

85,355

84,380

74,936

69,964

66,164

68,407

68,735

71,489

67,579

Research and development expenses

26,219

4,728

31,351

35,034

23,247

-16,229

33,471

37,209

37,101

-16,360

35,442

35,144

34,522

34,222

33,512

36,652

36,133

37,312

38,168

36,632

36,199

31,281

30,444

31,618

20,571

20,780

21,141

20,931

20,425

17,976

18,812

14,814

13,808

12,952

13,641

14,530

13,629

10,624

10,887

9,911

10,308

14,161

14,122

Amortization of intangibles

16,185

11,834

22,243

22,368

18,164

150

25,533

25,039

24,418

12,244

27,162

27,113

23,669

22,782

23,808

26,263

25,532

25,701

25,669

25,917

26,504

15,687

15,203

15,795

11,741

12,395

12,326

13,105

12,977

9,647

7,646

2,415

3,084

2,752

3,371

3,347

3,679

2,667

2,600

2,587

2,713

3,983

3,911

Goodwill and other asset impairment

-

-

342,100

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain from patent litigation

-

-

0

-

-

-

62,141

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from equity method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,030

1,256

954

3,637

758

2,256

2,271

2,450

2,553

1,960

2,741

3,973

1,479

3,855

3,862

3,035

3,053

3,211

2,641

2,418

695

Asset impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29,904

-

-

-

-

-

-

-

-

-

-

-

1,453

Loss on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-17,184

Operating income

29,708

43,400

-280,507

61,139

47,490

82,021

131,278

56,506

44,203

58,152

61,116

62,776

51,597

66,898

61,980

62,241

40,964

57,010

34,502

44,143

4,898

43,271

58,011

12,326

49,511

49,174

53,935

53,913

44,240

31,603

-13,269

53,037

37,126

13,058

51,863

58,212

42,073

4,148

41,586

39,610

31,295

20,858

4,964

Interest expense, net

-13,324

-13,458

-14,200

-14,168

-13,988

-14,301

-14,472

-15,088

-16,978

-16,227

-19,385

-23,533

-23,506

-23,092

-23,513

-24,049

-24,396

-26,582

-25,416

-24,769

-23,846

-

-21,497

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-operating pension benefit

-699

556

-489

-481

-603

923

-1,356

257

275

-319

325

295

260

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-

-

0

0

-

0

0

-3,030

-19,960

0

-51,594

-847

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-50,585

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,203

18,820

-

19,259

18,345

15,905

13,730

13,890

12,499

11,919

11,872

11,690

12,748

11,808

10,912

11,778

14,186

12,946

12,575

8,895

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

111

150

-

92

149

108

300

171

211

351

485

211

156

159

786

80

136

182

199

238

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,465

-

-

-

Income from continuing operations before taxes

17,083

365,071

-294,218

47,452

34,105

66,797

118,162

38,131

6,990

42,244

-10,188

38,101

27,831

33,234

38,467

38,192

16,568

30,428

9,086

19,374

-18,948

19,957

36,514

-5,766

30,841

28,121

34,768

35,717

28,443

16,308

-77,573

40,749

25,558

1,671

40,384

45,620

30,424

-5,978

29,888

27,025

18,531

8,482

-3,693

Income tax expense

2,200

28,319

2,800

5,200

6,200

16,936

32,300

9,300

4,400

2,054

-11,133

2,210

2,250

-49

2,395

-3,741

210

-19,228

-5,725

-2,303

688

4,543

2,667

-5,781

5,685

4,192

5,700

6,225

6,198

-23,170

-21,887

1,044

5,819

-11,373

9,019

10,739

8,406

-8,695

7,244

5,440

4,201

15,958

1,193

Income from continuing operations

14,891

2,530

-

-

27,935

-

-

-

-

-

-

-

-

-

-

-

-

-

14,811

21,677

-

15,414

33,847

15

25,156

23,929

29,068

29,492

22,245

39,478

-55,686

39,705

19,739

13,044

31,365

34,881

22,018

2,717

22,644

21,585

14,330

-7,476

-4,886

Loss from discontinued operations, net of tax

-26,110

-149,759

-

-

-2,757

-

-

-

-

-

-

-

-

-

-

-

-

-

-242

-86

-

-

-

-

-

-

-

-

-

2,428

7,125

2,685

4,536

13,483

-162

-156

-128

8,871

-2,039

-1,913

-2,583

-

-

Loss from disposal of discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

0

-562

-

-

-

-

-

9,783

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-11,219

-147,229

-297,015

42,290

25,178

43,491

85,858

28,792

2,570

30,436

945

35,891

25,581

33,283

36,072

41,933

16,358

49,656

14,569

21,591

-19,636

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net loss attributable to noncontrolling interests

-30

179

-6

90

-24

-35

-23

-77

-48

-83

-82

-86

-106

-71

-88

-99

-99

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to Belden

-11,189

-147,408

-297,009

42,200

25,202

43,526

85,881

28,869

2,618

30,519

1,027

35,977

25,687

33,354

36,160

42,032

16,457

49,680

14,569

21,591

-19,636

15,993

33,847

15

24,594

22,508

29,068

29,492

22,245

166,603

-38,778

42,390

24,275

26,527

31,203

34,725

21,890

56,435

20,605

19,672

11,747

-7,476

-4,886

Less: Preferred stock dividends

0

0

1,000

8,700

8,700

8,765

8,700

8,733

8,733

8,702

8,732

8,733

8,733

8,733

6,695

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to Belden common stockholders

-11,189

-147,408

-297,980

33,467

16,469

34,793

77,149

20,136

-6,115

21,786

-7,705

27,244

16,954

24,621

29,465

42,032

16,457

-

14,569

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of common shares and equivalents:
Basic

45,390

45,559

44,444

39,389

39,420

39,822

40,510

40,735

41,633

42,125

42,256

42,283

42,216

42,153

42,126

42,085

42,008

41,953

42,417

42,655

42,535

42,774

43,201

43,603

43,514

43,442

43,694

43,928

44,420

44,163

44,787

45,526

45,912

140,997

47,344

47

47

-93,335

46

46,779

46,697

46,607

46,587

Diluted

45,538

45,949

44,444

39,611

39,660

33,539

47,678

40,974

41,633

42,809

42,256

42,832

42,675

42,660

42,648

42,533

42,387

43,136

42,908

43,233

42,535

43,493

43,910

44,292

44,293

44,194

44,537

44,790

45,427

45,738

44,787

46,305

46,938

144,075

48,244

48

48

-95,154

47

47,788

47,510

46,607

46,587

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

0.33

0.05

-

-

0.48

-

-

-

-

-

-

-

-

-

-

-

-

-

0.35

0.51

-

0.36

0.78

0.00

0.58

0.55

0.67

0.67

0.50

0.90

-1.24

0.87

0.43

0.29

0.66

0.73

0.47

0.06

0.48

0.46

0.31

-0.16

-0.10

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

-

-3.29

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

0.00

-

-

-

0.00

-0.01

-

-

-

0.00

0.06

0.15

0.06

0.10

0.29

0.00

0.00

-0.01

0.19

-0.04

-0.04

-0.06

-

-

Discontinued operations attributable to Belden common stockholders

-0.58

-

-

-

-0.07

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-

-

-

-

-

-

-

-

-

-

-

0.22

-

-

-

-

-

-

-

-

-

-

-

-

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

-0.25

-3.24

-6.70

0.85

0.42

0.86

1.90

0.49

-0.15

0.52

-0.18

0.64

0.40

0.58

0.70

1.00

0.39

1.17

0.34

0.51

-0.46

0.37

0.78

0.00

0.57

0.52

0.67

0.67

0.50

3.72

-0.87

0.93

0.53

0.58

0.66

0.73

0.46

1.21

0.44

0.42

0.25

-0.16

-0.10

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

0.33

0.05

-

-

0.48

-

-

-

-

-

-

-

-

-

-

-

-

-

0.35

0.50

-

0.35

0.77

0.00

0.57

0.54

0.65

0.66

0.49

0.90

-1.24

0.86

0.42

0.28

0.65

0.72

0.46

0.06

0.47

0.45

0.30

-0.16

-0.10

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

-

-3.29

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

0.00

-

-

-

0.00

-0.01

-

-

-

-

0.05

0.15

0.06

0.10

0.28

0.00

0.00

-0.01

0.18

-0.04

-0.04

-0.05

-

-

Discontinued operations attributable to Belden common stockholders

-0.58

-

-

-

-0.07

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-

-

-

-

-

-

-

-

-

-

-

0.22

-

-

-

-

-

-

-

-

-

-

-

-

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

-0.25

-3.24

-6.70

0.84

0.42

0.94

1.80

0.49

-0.15

0.51

-0.18

0.64

0.40

0.58

0.69

0.99

0.39

1.16

0.34

0.50

-0.46

0.36

0.77

0.00

0.56

0.51

0.65

0.66

0.49

3.66

-0.87

0.92

0.52

0.56

0.65

0.72

0.45

1.18

0.43

0.41

0.25

-0.16

-0.10

Comprehensive income attributable to Belden

11,134

-

-263,530

25,507

54,211

-

68,620

89,897

-28,790

-

-18,127

19,267

16,276

-

32,353

43,668

14,739

-

-9,803

19,562

-5,723

-

30,783

13,894

13,281

-

34,776

23,950

14,892

-

-24,687

14,152

34,901

-

4,134

42,326

44,647

-

-

-

-

-

-

Common stock dividends declared per share

0.05

-

0.05

0.05

0.05

-

0.05

0.05

0.05

-

0.05

0.05

0.05

-

0.05

0.05

0.05

-

0.05

0.05

0.05

-

0.05

0.05

0.05

-

0.05

0.05

0.05

-

0.05

0.05

0.05

-

0.05

0.05

0.05

-

0.05

0.05

0.05

0.05

0.05