Commercial metals company (CMC)
Income statement / Yearly
Aug'19Aug'18Aug'17Aug'16Aug'15Aug'14Aug'13Aug'12Aug'11Aug'10Aug'09
Net sales

5,829

4,643

3,844

3,596

5,424

6,790

6,601

7,656

7,666

6,276

6,409

Costs and expenses:
Cost of goods sold

5,025

4,021

3,322

3,021

4,827

6,096

5,951

6,939

7,037

5,851

5,712

Selling, general and administrative expenses

463

401

387

383

414

448

439

481

508

508

612

Loss on debt extinguishment

0

0

-22

-11

0

0

-

-

-

-

-

Impairment of assets

0

14

1

40

9

3

4

0

24

3

5

Interest expense

71

40

44

62

76

77

68

69

69

74

76

Gain on sale of cost method investment

-

-

-

-

-

-

26

0

0

-

-

Total costs and expenses

5,560

4,478

3,778

3,520

5,327

6,625

6,438

7,491

7,640

6,438

6,407

Earnings from continuing operations before income taxes

268

165

65

75

96

164

162

164

26

-161

1

Income taxes

69

30

15

13

33

47

57

-45

14

-61

0

Earnings from continuing operations

198

135

50

62

63

117

104

210

11

-99

1

Earnings (loss) from discontinued operations before income taxes

-0

3

-9

-8

29

-2

-26

-11

-139

-102

31

Income taxes

0

-0

-6

-1

12

1

1

-8

1

2

12

Earnings (loss) from discontinued operations

-0

3

-3

-7

16

-4

-27

-3

-140

-105

19

Net earnings

-

-

-

-

-

113

77

207

-129

-205

20

Less net earnings attributable to noncontrolling interests

-

-

-

-

-

0

0

0

0

0

-0

Net Income (Loss) Attributable to Parent

198

138

46

54

79

113

77

207

-129

-205

20

Basic earnings per share*
Earnings from continuing operations (in USD per share)

1.69

1.16

0.43

0.54

0.54

1.00

0.90

1.82

0.10

-0.88

0.02

Earnings (loss) from discontinued operations (in USD per share)

-0.01

0.03

-0.03

-0.06

0.14

-0.04

-0.24

-0.03

-1.23

-0.93

0.17

Net earnings (in USD per share)

1.68

1.19

0.40

0.48

0.68

0.96

0.66

1.79

-1.13

-1.81

0.19

Diluted earnings per share*
Earnings from continuing operations (in USD per share)

1.67

1.14

0.43

0.53

0.53

0.99

0.89

1.80

0.09

-0.88

0.02

Earnings (loss) from discontinued operations (in USD per share)

-0.01

0.03

-0.03

-0.06

0.14

-0.04

-0.23

-0.02

-1.21

-0.93

0.16

Net earnings (in USD per share)

1.66

1.17

0.39

0.47

0.67

0.95

0.66

1.78

-1.12

-1.81

0.18