GLOBAL BRASS & COPPER HOLDINGS, INC. BRSS Income Statement

Global brass & copper holdings, inc. (BRSS)

Income statement / Quarterly

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	Sep'12	Jun'12
Net sales
430,300	404,300	429,900	459,400	471,800	424,900	359,400	374,800	419,500	322,400	349,100	337,900	328,900	323,400	367,700	414,900	400,200	390,300	436,800	440,500	443,800	412,800	439,200	461,500	445,000	393,977	416,979
Cost of sales
377,700	367,400	387,000	401,500	422,800	379,100	315,800	330,600	368,900	283,700	296,900	296,600	279,400	289,900	325,100	364,600	356,300	358,100	392,200	396,300	400,200	374,400	393,900	409,800	398,100	349,580	369,858
Gross profit
52,600	36,900	42,900	57,900	49,000	45,800	43,600	44,200	50,600	38,700	52,200	41,300	49,500	33,500	42,600	50,300	43,900	32,200	44,600	44,200	43,600	38,400	45,300	51,700	46,900	44,397	47,121
Selling, general and administrative expenses
23,900	24,200	22,000	23,100	23,400	22,200	19,400	19,300	22,900	21,400	21,900	19,800	19,700	19,700	20,200	21,900	21,400	19,400	18,800	19,900	18,800	18,200	20,100	52,800	19,700	17,353	37,965
Operating income
28,700	12,700	20,900	34,800	25,600	23,600	24,200	24,900	27,700	17,300	30,300	21,500	29,800	13,800	22,400	28,400	22,500	12,800	25,800	24,300	24,800	20,200	25,200	-1,100	27,200	27,044	9,156
Interest expense, net
4,000	4,100	4,100	4,300	4,300	3,700	4,400	4,800	4,700	4,700	5,200	7,900	8,400	9,300	9,900	9,900	10,000	9,900	10,000	9,800	9,900	9,900	10,000	10,000	9,900	9,936	10,209
Loss on extinguishment of debt
-	-	0	-500	-	-	-200	0	-	0	-20,100	-400	-2,900	-800	-2,300	0	0	-	0	-	-	-	-	-	-	0	-19,612
Gain on sale of investment in joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6,300	-	-	0	0	-	-	-	-	-	-	-
Other (expense) income, net
-	200	0	-900	-100	-600	-600	4,500	-300	0	-200	0	400	0	100	200	-100	-200	-100	-100	-100	100	-200	0	-200	537	-398
Income before provision for income taxes
24,700	8,800	16,800	29,100	21,200	19,300	19,000	24,600	22,700	12,600	4,800	13,200	18,900	3,700	10,300	25,000	12,400	2,700	15,700	14,400	14,800	10,400	15,000	-11,100	17,100	17,645	-21,063
Provision for income taxes
6,700	2,100	1,900	8,000	5,300	13,500	6,600	8,800	5,000	4,700	700	4,600	6,700	200	3,300	7,900	4,500	100	5,700	5,500	5,300	4,400	5,300	6,500	6,000	6,769	-971
Income before equity income
-	-	-	-	-	-	-	-	-	-	-	-	-	3,500	7,000	17,100	7,900	2,600	10,000	8,900	9,500	6,000	9,700	-17,600	11,100	10,876	-20,092
Equity income, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	100	200	300	300	200	300	300	300	500	400	261	201
Net income
18,000	6,700	14,900	21,100	15,900	5,800	12,400	15,800	17,700	7,900	4,100	8,600	12,200	3,500	7,000	17,200	8,100	2,900	10,300	9,100	9,800	6,300	10,000	-17,100	11,500	11,137	-19,891
Net income attributable to noncontrolling interest
100	100	100	100	100	200	100	100	200	200	200	200	0	0	100	100	0	100	100	100	100	100	100	0	100	105	114
Net income attributable to Global Brass and Copper Holdings, Inc.
17,900	6,600	14,800	21,000	15,800	5,600	12,300	15,700	17,500	7,700	3,900	8,400	12,200	3,500	6,900	17,100	8,100	2,800	10,200	9,000	9,700	6,200	9,900	-17,100	11,400	11,032	-20,005
Net income attributable to Global Brass and Copper Holdings, Inc. per common share:
Basic (in dollars per share)
0.83	0.32	0.67	0.95	0.72	0.26	0.56	0.72	0.81	0.36	0.18	0.39	0.57	0.17	0.32	0.80	0.38	0.14	0.48	0.42	0.46	0.29	0.47	-0.81	0.54	0.52	-0.95
Diluted (in dollars per share)
0.82	0.30	0.66	0.94	0.71	0.25	0.56	0.71	0.79	0.35	0.18	0.39	0.57	0.16	0.32	0.80	0.38	0.13	0.48	0.42	0.46	0.29	0.47	-0.81	0.54	0.52	-0.95
Weighted average common shares outstanding:
Basic (in shares)
21,700	21,600	22,100	22,000	21,900	21,700	21,800	21,800	21,500	21,600	21,400	21,300	21,300	21,400	21,300	21,300	21,200	21,300	21,200	21,200	21,100	21,100	21,100	21,100	21,100	21,110	21,110
Diluted (in shares)
22,000	22,200	22,400	22,300	22,300	22,100	22,100	22,100	22,100	21,800	21,600	21,500	21,500	21,500	21,400	21,400	21,300	21,400	21,300	21,300	21,200	21,400	21,200	21,100	21,100	21,110	21,110
Dividends declared per common share (in usd per share)
-	-	0.09	0.06	-	-	0.06	0.03	0.03	-	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.00	0.00	0.00	-	-