Cornerstone Building Brands, Inc. CNR Income Statement

Cornerstone building brands, inc. (CNR)

Income statement / TTM

Apr'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Jul'10
Sales
4,938,726	4,889,747	4,205,202	3,493,793	2,746,861	2,139,098	2,000,577	1,915,669	1,836,529	1,799,924	1,770,278	1,761,866	1,754,834	1,706,617	1,684,928	1,664,445	1,622,881	1,610,781	1,563,693	1,496,310	1,437,147	1,382,800	1,370,540	1,378,303	1,333,878	1,321,477	1,308,395	1,269,872	1,251,159	1,207,991	1,154,010	1,074,110	1,037,760	1,013,094	959,577	923,081	0	0	0
Cost of sales
3,805,337	3,801,328	3,320,729	2,785,842	2,210,172	1,684,243	1,537,895	1,469,963	1,409,255	1,375,894	1,354,214	1,339,555	1,319,593	1,283,767	1,257,038	1,234,148	1,218,796	1,219,255	1,189,019	1,153,158	1,116,117	1,078,386	1,080,027	1,094,950	1,063,052	1,049,087	1,033,374	1,002,328	985,068	944,735	898,001	836,495	808,940	791,463	758,023	731,640	0	0	0
Fair value adjustment of acquired inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on sale of assets and asset recovery
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,704	1,652	725	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairments (recoveries), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0
Gross profit
1,133,389	1,088,419	884,473	707,951	536,689	454,855	462,682	445,706	427,274	424,030	416,064	420,607	433,589	422,125	427,890	430,643	403,379	389,893	372,316	342,152	321,030	304,738	291,824	285,687	273,160	274,400	276,044	267,553	266,100	263,265	256,018	236,401	227,699	220,510	200,433	191,598	0	0	0
Selling, general and administrative expenses
638,509	627,861	562,151	486,992	408,003	328,103	307,106	300,904	298,174	298,892	293,145	298,111	302,216	301,740	302,551	301,328	295,434	293,821	286,840	277,718	268,062	259,124	257,635	257,130	255,027	253,712	252,803	249,244	242,088	230,870	219,340	207,235	202,519	203,612	202,352	199,957	0	0	0
Intangible asset amortization
180,998	177,600	152,799	110,437	66,338	27,288	9,600	9,622	9,615	9,607	9,600	9,627	9,627	9,627	9,638	12,923	15,856	17,826	16,903	12,220	7,895	4,533	4,053	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and impairment charges, net
28,464	18,060	16,775	12,560	5,014	2,071	1,912	2,852	4,300	4,127	5,297	4,403	4,172	5,006	4,252	11,048	11,020	11,339	11,306	3,737	2,987	1,519	42	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Strategic development and acquisition related costs
40,960	50,185	65,762	66,923	58,479	45,531	17,164	5,696	3,351	2,341	1,971	2,369	1,891	2,346	2,670	3,222	3,104	3,153	4,201	6,570	7,355	6,727	4,998	1,486	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment
0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposition of business
-	-	0	0	-	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on insurance recovery
-	-	0	-	-	0	-	0	-	-	-	0	0	-	-	0	0	-	-	-	-	-	1,311	2,334	2,334	2,010	1,023	0	0	0	-	-	-	-	-	-	-	-	-
Acquisition-related costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,836	0	0	-	0	-	-	-
Restructuring recovery
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0
Loss from operations
-258,690	214,736	85,710	29,715	3,285	49,606	125,920	119,680	99,276	112,792	109,780	115,846	125,284	103,406	108,779	105,887	81,730	67,519	56,831	41,907	34,731	32,835	25,096	19,979	12,054	15,622	19,188	18,156	20,913	27,802	31,689	24,047	23,582	16,794	-1,627	-8,335	0	0	0
Interest income
797	674	559	426	353	175	140	193	165	266	238	173	215	129	146	155	107	87	72	69	115	107	126	140	109	127	131	113	128	114	112	124	106	108	127	135	0	0	0
Interest expense
225,811	229,262	201,690	150,036	96,309	42,872	21,808	24,074	26,875	29,505	28,899	29,297	29,671	30,036	31,019	31,472	31,874	32,342	28,460	23,515	18,569	13,316	12,455	12,752	14,708	17,840	20,988	23,862	22,906	19,777	16,827	14,298	13,985	14,823	15,723	16,438	0	0	0
Foreign exchange gain (loss)
-3,260	2,054	-629	-165	-946	-2,428	-244	-579	664	1,096	547	721	-1,186	-737	-1,401	-1,219	-907	-1,493	-2,152	-2,319	-2,069	-1,797	-1,097	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain from bargain purchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,864	1,864	1,864	1,864	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	0	0	-	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-
Other income (expense), net
176	1,183	709	-118	624	549	962	1,498	1,490	1,542	1,472	1,165	1,242	1,171	595	536	229	310	499	688	808	800	1,005	1,253	1,245	1,167	1,356	1,308	721	828	460	-279	-23	323	876	962	0	0	0
Loss before income taxes
-486,788	-10,615	-118,625	-123,462	-96,277	-20,129	83,095	74,843	52,845	86,191	83,138	88,608	95,884	73,933	78,964	75,751	51,149	35,945	26,790	16,830	15,016	18,629	12,675	7,886	-23,165	-23,051	-21,739	-25,776	-7,581	2,530	8,997	3,157	9,680	2,402	-16,347	-23,676	0	0	0
Benefit for income taxes
10,658	4,775	-25,115	-32,343	-23,611	-1,796	19,989	21,802	17,569	28,257	28,414	32,374	34,156	26,759	27,937	25,318	17,211	11,915	8,972	3,159	2,476	3,506	1,490	2,684	-10,086	-9,535	-8,854	-10,885	-1,615	1,833	4,084	1,103	1,766	-962	-6,397	-7,016	0	0	0
Net loss
-497,446	-15,390	-93,510	-91,119	-72,666	-18,333	63,106	53,041	35,276	57,934	54,724	56,234	61,728	47,174	51,027	50,433	33,938	24,030	17,818	13,671	12,540	15,123	11,185	5,202	-13,079	-13,516	-12,885	-14,891	-5,966	697	4,913	2,054	7,914	3,364	-9,950	-16,660	0	0	0
Convertible preferred stock dividends and accretion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,352	22,806	31,982	28,498	28,120	30,303	0	0	0
Convertible preferred stock beneficial conversion feature
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,878	13,234	19,728	11,630	9,396	12,623	0	0	0
Convertible preferred stock amendment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-
Net income allocated to participating securities
0	0	644	423	374	374	412	359	240	355	325	369	432	340	389	357	252	229	172	110	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss applicable to common shares
-497,446	-15,390	-94,154	-91,542	-73,040	-18,707	62,694	52,682	35,036	57,579	54,399	55,865	61,296	46,834	50,638	50,076	33,686	23,801	17,646	5,391	0	0	-	0	-	-	-	-	-	-	-72,120	-82,789	-43,796	-36,764	-47,466	-59,586	0	0	0
Loss per common share:
Basic (in USD per share)
-4.30	0.02	0.20	0.14	-0.48	-0.71	0.42	0.54	-0.09	0.08	0.24	0.26	0.24	0.03	0.27	0.32	0.03	0.08	0.24	0.10	-0.10	0.00	0.20	0.08	-0.07	-0.06	0.37	-0.19	-0.28	-0.19	0.33	-2.74	-0.86	-0.54	-0.22	-0.71	-0.51	-1.14	-0.90
Diluted (in USD per share)
-4.30	0.02	0.20	0.14	-0.48	-0.71	0.41	0.54	-0.09	0.08	0.25	0.25	0.24	0.03	0.27	0.32	0.03	0.08	0.24	0.10	-0.10	0.00	0.20	0.08	-0.07	-0.06	0.37	-0.19	-0.28	-0.19	0.33	-2.74	-0.86	-0.54	-0.22	-0.71	-0.51	-1.14	-0.90
Weighted average number of common shares outstanding:
Basic (in shares)
126,093	125,728	125,557	125,516	125,503	107,813	66,061	66,335	66,210	66,434	69,606	71,047	70,988	70,875	70,927	73,104	72,352	73,261	73,540	73,341	73,133	73,070	73,035	72,928	72,838	73,515	76,174	64,217	19,416	19,237	19,206	18,997	18,832	18,693	37,033	18	18,275	18,149	18,274
Diluted (in shares)
126,093	125,727	125,558	125,516	125,503	107,813	66,254	66,438	66,210	66,546	69,719	71,183	71,122	71,088	71,219	73,552	72,886	73,771	75,153	74,336	73,133	73,070	78,090	74,393	72,838	73,515	76,174	64,217	19,416	19,237	19,206	18,997	18,832	18,693	37,033	18	18,275	18,149	18,274