CINCINNATI BELL INC. CBB Income Statement

Cincinnati bell inc. (CBB)

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	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenue
380,000	-	-	-	379,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenues
-	-	382,500	384,200	-	-	386,700	296,800	295,700	-	255,500	259,400	249,600	117,100	312,400	299,200	288,900	289,300	299,800	285,800	292,900	294,900	301,400	283,000	282,200	124,900	310,800	312,000	325,700	374,700	368,200	368,200	362,800	365,300	368,800	367,500	360,800	362,800	351,900	338,600	323,700	337,700	327,600
Services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	246,700	244,900	241,500	239,500	234,300	229,400	229,800	223,900	223,700	221,800	220,800	89,600	255,400	256,400	270,500	316,400	319,500	318,900	318,000	310,400	314,200	314,800	311,400	307,000	308,400	294,100	289,800	291,300	294,300
Products
-	-	-	-	-	-	-	-	-	-	-	-	-	-	65,700	54,300	47,400	49,800	65,500	56,400	63,100	71,000	77,700	61,200	61,400	35,300	55,400	55,600	55,200	58,300	48,700	49,300	44,800	54,900	54,600	52,700	49,400	55,800	43,500	44,500	33,900	46,400	33,300
Costs and expenses
Cost of services and products, excluding items below
193,700	196,700	194,700	195,500	197,700	199,300	197,700	152,300	149,400	151,000	127,000	128,900	124,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of services, excluding items below
-	-	-	-	-	-	-	-	-	-	-	-	-	-	127,700	124,800	123,200	124,500	120,000	114,400	113,600	113,000	106,600	99,400	97,200	66,100	107,400	103,500	109,200	126,800	123,400	121,600	120,400	118,700	120,100	114,800	110,700	109,200	107,800	99,500	97,400	102,000	101,800
Cost of products sold, excluding items below
-	-	-	-	-	-	-	-	-	-	-	-	-	-	56,100	46,000	39,500	42,100	55,600	47,800	52,600	60,400	62,900	54,700	53,500	14,700	52,500	54,700	53,200	60,300	48,900	50,100	45,400	55,800	54,500	54,200	48,500	62,600	45,000	46,500	36,500	50,900	37,300
Selling, general and administrative, excluding items below
88,000	93,100	88,000	87,200	86,100	93,200	85,700	66,100	68,400	72,800	53,200	53,800	55,300	51,400	55,500	56,200	53,200	57,400	52,500	57,000	52,200	52,500	52,900	49,500	49,300	26,500	53,600	54,700	53,100	69,900	72,200	63,400	64,000	65,400	66,500	66,600	64,600	68,200	68,300	67,200	67,200	64,700	70,800
Depreciation and amortization
74,200	75,800	75,500	74,200	79,400	74,400	75,500	50,900	51,200	52,900	47,300	47,000	45,800	47,500	46,500	44,800	43,400	39,200	35,800	34,000	32,600	33,200	32,300	31,000	31,100	800	39,800	37,200	50,600	57,200	55,400	53,700	51,100	53,200	49,100	48,800	48,400	49,800	48,200	41,300	40,200	41,200	41,500
Restructuring and severance related charges
-	-	1,300	1,800	-	-	0	4,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and severance related charges
15,200	500	1,300	1,800	3,300	3,400	0	4,600	300	3,500	0	3,600	25,600	11,900	0	0	0	-	-	-	-	-300	-1,300	1,200	0	2,700	0	8,200	2,600	400	900	1,200	900	12,200	0	0	0	-	0	5,200	-	900	600
Transaction-related compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	7,100	35,500	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Curtailment loss (gain)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	600	-	-	0	0	-	-	0	-4,200	-	-	0	0	-	-	-
Loss (gain) on sale or disposal of assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	0	3,700	200	-300	-2,500	1,000	600	0	0	-	8,400	-	-	-	0	-	-	-4,800	-
Impairment of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,600	-	500	600	600	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300	13,000	-	-	0	500	1,100	-	0	0	-	-	-
Transaction and integration cost
29,100	9,000	200	600	3,000	4,300	13,300	2,700	2,200	4,100	12,100	1,700	600	-	0	-	-	-	-	-	-	-	200	0	700	0	500	700	400	4,600	1,700	0	0	0	700	800	1,100	-	0	9,100	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,100	0	0	-6,300	-300	2,900	4,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating costs and expenses
400,200	375,100	359,700	359,300	369,500	374,600	372,200	276,600	271,500	284,300	239,600	235,000	251,400	100,800	286,900	271,800	259,300	264,300	263,600	256,100	255,800	263,500	253,600	235,700	231,800	108,800	253,100	265,200	306,500	316,800	302,200	303,000	281,800	356,100	282,500	289,900	274,400	298,300	269,300	268,800	241,300	264,500	252,000
Operating (loss) income
-20,200	15,300	22,800	24,900	10,100	24,400	14,500	20,200	24,200	16,900	15,900	24,400	-1,800	16,300	25,500	27,400	29,600	25,000	36,200	29,700	37,100	31,400	47,800	47,300	50,400	16,100	57,700	46,800	19,200	57,900	66,000	65,200	81,000	9,200	86,300	77,600	86,400	64,500	82,600	69,800	82,400	73,200	75,600
Interest expense
33,700	34,600	35,000	34,900	35,100	35,200	33,700	31,800	30,800	30,300	18,800	18,100	18,000	17,600	17,900	19,900	20,300	20,900	21,500	28,000	32,700	32,900	34,700	39,500	38,800	36,000	46,700	45,400	47,900	55,600	55,200	53,700	54,400	53,800	53,300	53,400	54,500	53,700	52,000	42,400	37,100	31,500	31,300
Loss on extinguishment of debt, net
-	-	0	0	-	-	0	-1,300	-	-	0	0	-	-4,800	-11,400	-5,200	2,400	400	-7,800	-13,500	0	-	-19,400	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	0	-10,400	-	7,600	-300
Other components of pension and postretirement benefit plans expense
2,600	2,800	2,800	3,000	2,600	-	3,000	3,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other components of pension and postretirement benefit plans expense
2,600	2,800	2,800	3,000	2,600	3,000	3,000	3,200	3,300	7,200	3,000	3,200	3,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of CyrusOne investment
-	-	-	-	-	-	-	-	-	0	0	0	117,700	5,100	33,300	118,600	0	-	117,700	295,200	-	-	0	192,800	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from CyrusOne investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-2,400	500	-2,600	-1,500	-4,700	-1,900	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Other income, net
800	100	-500	-100	1,000	-800	1,200	800	400	2,100	-4,500	600	400	6,400	100	1,100	0	3,400	-1,200	-1,300	-3,500	-6,300	0	900	300	1,900	1,200	-100	300	-100	-100	0	-1,500	-900	0	0	0	-300	0	-200	100	100	-
Loss before income taxes
-55,700	-22,000	-15,500	-13,100	-26,600	-14,600	-21,000	-15,300	-9,500	-21,700	-10,400	3,700	95,100	1,100	29,600	122,000	11,700	44,200	123,400	282,100	900	-6,100	-6,300	199,100	12,400	-50,200	10,700	-3,400	-30,300	-11,400	10,700	11,500	25,100	-45,500	33,000	24,200	31,900	-25,600	30,600	16,800	45,400	49,400	44,000
Income tax (benefit) expense
-21,700	-1,400	-1,900	-7,600	300	15,400	-3,300	-1,500	-1,200	-9,800	600	1,400	34,500	1,800	10,800	44,400	4,700	13,700	44,100	101,400	600	-1,700	1,200	75,400	6,500	-11,900	1,400	-4,200	6,400	-1,600	6,800	7,000	12,500	-15,100	15,400	10,700	14,000	-7,000	16,100	7,200	22,600	21,700	17,700
(Loss) Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,500	79,300	180,700	300	-4,400	-7,500	123,700	5,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,100	1,000	10,900	48,900	-13,900	-19,800	-9,500	1,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-34,000	-20,600	-13,600	-5,500	-26,900	-30,000	-17,700	-13,800	-8,300	-11,900	-11,000	2,300	60,600	-400	18,800	77,600	7,000	32,600	80,300	191,600	49,200	-18,300	-27,300	114,200	7,000	-28,100	9,300	800	-36,700	-9,800	3,900	4,500	12,600	-30,400	17,600	13,500	17,900	-18,600	14,500	9,600	22,800	27,700	26,300
Preferred stock dividends
2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600	2,600
Net loss applicable to common shareowners
-36,600	-23,200	-16,200	-8,100	-29,500	-32,600	-20,300	-16,400	-10,900	-14,500	-13,600	-300	58,000	-3,000	16,200	75,000	4,400	30,000	77,700	189,000	46,600	-20,900	-29,900	111,600	4,400	-30,700	6,700	-1,800	-39,300	-12,400	1,300	1,900	10,000	-33,000	15,000	10,900	15,300	-21,200	11,900	7,000	20,200	25,100	23,700
Income (Loss) from Continuing Operations, Per Basic and Diluted Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted earnings per common share from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted net loss per common share
-0.72	-0.46	-0.32	-0.16	-0.59	-0.67	-0.41	-0.39	-0.26	-	-	-	-	-	-	-	0.10	-	-	-	0.22	-	-	-	0.02	-	0.03	-	-0.19	-0.07	0.01	0.01	0.05	-	-	-	-	-	-	-	0.10	-	-
Weighted-average common shares outstanding (millions)
Basic earnings per common share from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.83	0.85	-	-	-0.05	0.58	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic earnings per common share from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	0.05	-	-	-0.09	-0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Basic
-	-	-	-	-	-	-	-	-	-	-0.32	-0.01	1.38	-	0.39	1.79	-	-	1.85	0.90	-	-	-0.14	0.54	-	-	-	-0.01	-	-	-	-	-	-	0.08	0.06	0.08	-	0.06	0.03	-	0.12	0.11
Diluted (loss) earnings per common share from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.83	0.84	-	-	-0.05	0.58	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per common share from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	0.05	-	-	-0.09	-0.05	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Diluted
-	-	-	-	-	-	-	-	-	-	-0.32	-0.01	1.37	-	0.38	1.78	-	-	1.85	0.89	-	-	-0.14	0.53	-	-	-	-0.01	-	-	-	-	-	-	0.07	0.05	0.08	-	0.06	0.03	-	0.12	0.11
Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	209,000	213,800
Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	213,200	215,600