| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Net sales | ||||||||||
7,280 | 7,724 | 7,034 | 6,367 | 3,564 | 1,604 | 1,489 | 1,070 | 779 | 700 | 677 |
Cost of sales | ||||||||||
5,303 | 5,801 | 5,306 | 4,770 | 2,662 | 1,247 | 1,169 | 856 | 621 | 568 | 535 |
Gross margin | ||||||||||
1,976 | 1,922 | 1,727 | 1,596 | 901 | 356 | 319 | 214 | 157 | 131 | 142 |
Selling, general and administrative expenses | ||||||||||
1,584 | 1,553 | 1,442 | 1,360 | 810 | 307 | 271 | 222 | 192 | 194 | 201 |
Asset impairments | ||||||||||
- | - | - | - | - | - | - | 0 | - | 0 | 0 |
Facility closure costs | ||||||||||
- | - | - | - | - | - | - | 0 | 2 | 0 | 1 |
Income from operations | ||||||||||
392 | 368 | 285 | 236 | 90 | 49 | 48 | -8 | -37 | -63 | -60 |
Interest expense, net | ||||||||||
-109 | -108 | -193 | -214 | 109 | 30 | 89 | 45 | 24 | 31 | 27 |
Income before income taxes | ||||||||||
282 | 260 | 91 | 21 | -18 | 19 | -41 | -53 | -62 | -95 | -87 |
Income tax expense | ||||||||||
60 | 55 | 53 | -122 | 4 | 1 | 0 | 0 | 2 | -1 | -30 |
Income (loss) from continuing operations | ||||||||||
- | - | - | - | - | - | -42 | -54 | -64 | -94 | -56 |
Income (loss) from discontinued operations (net of income tax expense of $0 in 2015, 2014 and 2013) | ||||||||||
- | - | - | - | - | - | -0 | -2 | -0 | -1 | -4 |
Net income | ||||||||||
221 | 205 | 38 | 144 | -22 | 18 | -42 | -56 | -64 | -95 | -61 |
Comprehensive income | ||||||||||
221 | 205 | 38 | 144 | -22 | 18 | -42 | -56 | -62 | -92 | - |
Net income per share: | ||||||||||
Basic net income (loss) per share: | ||||||||||
Income (loss) from continuing operations | ||||||||||
- | - | - | - | - | - | -0.44 | -0.57 | - | - | - |
Income (loss) from discontinued operations | ||||||||||
- | - | - | - | - | - | 0.00 | -0.03 | - | - | - |
Basic | ||||||||||
1.92 | 1.79 | 0.34 | 1.30 | -0.22 | 0.19 | -0.44 | -0.60 | - | - | - |
Diluted net income (loss) per share: | ||||||||||
Income (loss) from continuing operations | ||||||||||
- | - | - | - | - | - | -0.44 | -0.57 | - | - | - |
Income (loss) from discontinued operations | ||||||||||
- | - | - | - | - | - | 0.00 | -0.03 | - | - | - |
Diluted | ||||||||||
1.90 | 1.76 | 0.34 | 1.27 | -0.22 | 0.18 | -0.44 | -0.60 | - | - | - |
Loss from continuing operations | ||||||||||
- | - | - | - | - | - | - | - | -0.68 | -1.03 | -1.45 |
Loss from discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | 0.00 | -0.01 | -0.13 |
Net loss | ||||||||||
- | - | - | - | - | - | - | - | -0.68 | -1.04 | -1.58 |
Weighted average common shares: | ||||||||||
Basic | ||||||||||
115 | 114 | 112 | 110 | 103 | 98 | 96 | 95 | - | - | - |
Diluted | ||||||||||
117 | 116 | 115 | 113 | 103 | 100 | 96 | 95 | - | - | - |
Basic and diluted | ||||||||||
- | - | - | - | - | - | - | - | 94 | 91 | 39 |