CF INDUSTRIES HOLDINGS, INC. CF Income Statement

Cf industries holdings, inc. (CF)

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	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Net sales
971,000	1,049,000	1,038,000	1,502,000	1,001,000	1,132,000	1,040,000	1,300,000	957,000	1,099,000	870,000	1,124,000	1,037,000	867,000	680,000	1,134,000	1,004,000	1,115,000	928,000	1,311,000	954,000	1,216,300	921,400	1,472,700	1,132,600	1,326,300	1,097,000	1,714,900	1,336,500	1,481,400	1,359,400	1,735,600	1,527,600	1,718,400	1,403,800	1,801,700	1,174,000	1,237,600	917,100	1,307,900	502,400	506,700	430,100	991,000	680,600	1,020,800	1,161,000
Cost of sales
767,000	822,000	810,000	1,003,000	781,000	890,000	867,000	988,000	767,000	956,000	859,000	951,000	930,000	770,000	678,000	607,000	787,000	835,000	763,000	625,000	538,000	772,500	620,300	882,400	689,800	732,500	710,900	849,700	661,400	825,200	657,400	692,300	815,800	853,200	765,800	934,300	649,000	753,700	747,300	911,100	373,400	380,600	306,100	564,000	518,300	899,900	691,100
Gross margin
204,000	227,000	228,000	499,000	220,000	242,000	173,000	312,000	190,000	143,000	11,000	173,000	107,000	97,000	2,000	527,000	217,000	280,000	165,000	686,000	416,000	443,800	301,100	590,300	442,800	593,800	386,100	865,200	675,100	656,200	702,000	1,043,300	711,800	865,200	638,000	867,400	525,000	483,900	169,800	396,800	129,000	126,100	124,000	427,000	162,300	120,900	469,900
Selling, general and administrative expenses
54,000	63,000	56,000	62,000	58,000	51,000	53,000	53,000	57,000	51,000	45,000	49,000	46,000	32,000	44,000	52,000	45,000	50,000	42,000	38,000	40,000	32,600	38,200	39,500	41,700	45,000	32,200	44,500	44,300	40,200	36,500	41,300	33,800	36,800	30,500	31,700	31,000	32,800	28,800	28,300	16,200	15,900	15,100	16,500	15,400	16,700	18,100
Other operating—net
-6,000	10,000	30,000	37,000	-4,000	40,000	11,000	-3,000	-21,000	-32,000	-2,000	10,000	6,000	27,000	57,000	63,000	61,000	18,000	33,000	23,000	18,000	11,500	25,700	21,600	-5,800	-6,600	-20,300	-3,500	14,600	7,400	8,600	10,800	22,300	8,600	39,400	3,900	-31,000	15,800	1,300	10,300	139,300	39,100	19,100	15,300	23,200	1,600	-300
Transaction costs
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	165,000	14,000	20,000	37,000	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and integration costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200	800	1,300	2,100	-	8,600	9,300	-	-	-	-	-	-	-
Total other operating costs and expenses
60,000	53,000	26,000	25,000	62,000	53,000	42,000	56,000	36,000	55,000	43,000	59,000	52,000	59,000	101,000	280,000	120,000	88,000	112,000	61,000	58,000	44,100	63,900	61,100	35,900	38,400	11,900	41,000	58,900	47,600	45,100	52,100	56,100	45,600	70,700	36,900	2,100	52,300	38,700	47,900	155,500	-	-	-	-	-	-
Gain on sale of phosphate business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,900	0	0	747,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings of operating affiliate
3,000	1,000	-14,000	1,000	7,000	6,000	5,000	18,000	7,000	17,000	-5,000	-6,000	3,000	-134,000	-2,000	-9,000	0	-55,000	6,000	5,000	9,000	15,700	9,400	2,100	15,800	9,400	11,200	9,500	11,600	7,500	10,200	13,800	15,500	9,500	15,000	14,200	11,500	-	5,700	1,500	-	-	-	-	-	-	-
Operating earnings
147,000	175,000	188,000	475,000	165,000	195,000	136,000	274,000	161,000	105,000	-37,000	108,000	58,000	-96,000	-101,000	238,000	97,000	137,000	59,000	630,000	367,000	418,300	246,600	531,300	1,169,800	564,800	385,400	833,700	627,800	616,100	667,100	1,005,000	671,200	829,100	582,300	844,700	534,400	435,000	136,800	350,400	-26,500	71,100	89,800	395,200	123,700	102,600	452,100
Interest expense
44,000	55,000	63,000	59,000	60,000	61,000	59,000	61,000	60,000	74,000	81,000	80,000	80,000	70,000	31,000	61,000	38,000	40,000	30,000	29,000	34,000	40,900	46,400	50,700	40,000	39,800	41,000	32,300	39,100	30,400	28,700	45,300	30,900	32,200	32,100	30,800	52,100	50,700	58,300	111,900	400	400	400	300	400	400	400
Interest income
1,000	8,000	4,000	4,000	4,000	4,000	4,000	2,000	3,000	4,000	5,000	2,000	1,000	1,000	2,000	1,000	1,000	1,000	0	0	1,000	300	200	300	200	600	1,000	1,000	2,100	2,300	1,600	0	400	200	300	900	300	500	300	400	300	400	2,100	700	1,300	6,700	6,600
Gain (Loss) on Extinguishment of Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17,000	-	-	-	-	-	-	-
Other non-operating—net
0	0	4,000	2,000	1,000	3,000	2,000	3,000	1,000	7,000	-2,000	-1,000	-1,000	-3,000	-1,000	0	2,000	1,000	-5,000	0	0	-1,500	100	-700	100	-400	300	300	-54,700	200	200	600	100	0	100	200	300	200	500	-200	28,300	12,400	0	100	300	-3,400	2,100
Earnings before income taxes
104,000	107,000	133,000	422,000	110,000	141,000	83,000	218,000	105,000	-17,000	-115,000	29,000	-22,000	-335,000	-131,000	178,000	62,000	99,000	24,000	601,000	334,000	376,200	200,500	480,200	1,130,100	525,200	345,700	802,700	536,100	588,200	640,200	960,300	640,800	797,100	550,600	815,000	482,900	385,000	79,300	221,700	1,700	83,500	91,500	395,700	124,900	105,500	460,400
Income tax provision (benefit)
13,000	13,000	19,000	102,000	-8,000	46,000	12,000	44,000	17,000	-520,000	-47,000	5,000	-13,000	-47,000	-131,000	95,000	15,000	63,000	20,000	200,000	113,000	132,100	70,500	157,200	413,200	187,200	109,000	282,900	107,400	242,200	206,000	309,200	206,800	301,800	184,900	281,000	158,800	169,300	18,900	89,900	-4,400	25,900	32,100	146,800	41,200	27,500	159,900
Equity in earnings of non-operating affiliatesnet of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	93,000	-36,000	15,000	7,200	10,600	1,700	3,500	3,400	7,200	-1,700	700	9,300	23,900	27,200	-2,300	6,900	16,700	9,800	8,500	11,000	10,800	4,800	100	-300	600	-700	-700	-1,400	7,200
Net earnings
91,000	94,000	114,000	320,000	118,000	95,000	71,000	174,000	88,000	503,000	-68,000	24,000	-9,000	-288,000	0	83,000	47,000	36,000	97,000	365,000	236,000	251,300	140,600	324,700	720,400	341,400	243,900	518,100	429,400	355,300	458,100	678,300	431,700	502,200	382,400	543,800	332,600	226,700	71,200	136,600	6,200	57,300	60,000	248,200	83,000	76,600	307,700
Net Income (Loss) Attributable to Noncontrolling Interest
23,000	39,000	49,000	37,000	28,000	46,000	41,000	26,000	25,000	38,000	19,000	21,000	14,000	32,000	30,000	36,000	21,000	9,000	7,000	13,000	5,000	13,300	9,700	12,100	11,900	15,600	9,800	19,900	22,900	-115,400	54,800	72,000	63,300	63,300	51,500	56,400	50,600	26,400	23,000	31,500	10,600	5,900	21,500	35,200	20,300	29,500	19,100
Net earnings attributable to common stockholders
68,000	55,000	65,000	283,000	90,000	49,000	30,000	148,000	63,000	465,000	-87,000	3,000	-23,000	-320,000	-30,000	47,000	26,000	27,000	90,000	352,000	231,000	238,000	130,900	312,600	708,500	325,800	234,100	498,200	406,500	470,700	403,300	606,300	368,400	438,900	330,900	487,400	282,000	200,300	48,200	105,100	-4,400	51,400	38,500	213,000	62,700	47,100	288,600
Basic (in dollars per share)
0.31	0.27	0.29	1.28	0.40	0.22	0.13	0.63	0.27	1.99	-0.37	0.01	-0.10	-1.37	-0.13	0.20	0.11	0.12	0.39	1.50	0.96	-9.26	0.53	1.22	12.94	-14.08	4.09	8.43	6.53	7.47	6.43	9.42	5.62	6.65	4.77	6.81	3.95	3.25	0.68	1.56	-0.09	1.06	0.79	4.40	1.29	0.83	5.11
Diluted (in dollars per share)
0.31	0.26	0.29	1.28	0.40	0.21	0.13	0.63	0.27	1.99	-0.37	0.01	-0.10	-1.37	-0.13	0.20	0.11	0.12	0.39	1.49	0.96	-9.22	0.52	1.22	12.90	-13.97	4.07	8.38	6.47	7.39	6.35	9.31	5.54	6.59	4.73	6.75	3.91	3.22	0.67	1.54	-0.09	1.03	0.78	4.33	1.28	0.82	5.01
Weighted average common shares outstanding:
Basic (in shares)
216,000	217,300	219,000	221,100	223,400	229,000	233,500	234,000	233,900	234,200	233,200	233,500	233,100	232,800	233,100	233,300	233,200	233,200	233,100	235,200	239,700	465,100	248,400	255,300	54,800	998,900	57,300	59,100	62,300	63,000	62,800	64,300	65,500	65,300	69,400	71,600	71,300	71,700	71,100	67,400	48,600	48,700	48,500	48,400	48,400	56,700	56,400
Diluted (in shares)
216,600	218,800	220,700	222,300	224,600	230,300	235,200	234,900	234,800	235,600	233,200	233,700	233,100	232,300	233,100	233,500	233,500	233,700	234,000	236,100	240,600	466,600	249,300	256,000	54,900	1,004,200	57,500	59,500	62,800	63,600	63,500	65,200	66,500	65,800	69,900	72,200	72,100	72,900	71,900	68,200	48,600	49,200	49,300	49,200	49,100	57,700	57,600
Dividends declared per common share (in dollars per share)
0.30	-	0.30	0.30	0.30	-	0.30	0.30	0.30	-	0.30	0.30	0.30	-	0.30	0.30	0.30	-	0.30	0.30	0.30	-	0.30	0.20	1.00	-	0.40	0.40	0.40	-	0.40	0.40	0.40	-	0.40	0.10	0.10	-	0.10	0.10	0.10	-	0.10	0.10	0.10	0.10	0.10