Core-Mark Holding Company, Inc. CORE Income Statement

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Net sales
16,670	16,395	15,687	14,529	11,069	10,280	9,767	8,892	8,114	7,266	6,531
Cost of goods sold
15,746	15,527	14,895	13,792	10,431	9,706	9,230	8,415	7,680	6,881	6,130
Gross profit
924	867	791	736	637	573	537	476	434	385	401
Warehousing and distribution expenses
566	540	504	431	352	318	297	262	234	211	197
Selling, general and administrative expenses
255	245	224	210	196	184	168	153	150	142	137
Amortization of intangible assets
10	10	8	5	2	2	2	3	3	2	2
Total operating expenses
831	795	736	646	551	505	468	419	388	356	336
Income from operations
92	71	54	90	86	68	69	57	45	28	65
Interest expense, net
14	13	11	5	2	2	2	2	2	2	1
Interest income
-	-	-	-	0	0	0	0	0	0	0
Foreign currency transaction losses, net
-0	1	1	0	-1	-0	-0	-0	-0	0	2
Pension termination settlement (Note 12)
0	0	-17	0	-	-	-	-	-	-	-
Income before income taxes
77	59	28	85	82	66	66	55	43	27	65
Provision for income taxes
19	14	-5	31	31	23	24	21	17	9	18
Net income
57	45	33	54	51	42	41	33	26	17	47
Earnings per share (Note 13):
Basic (in dollars per share)
1.26	0.99	0.72	-	1.12	0.93	1.81	1.48	2.30	1.64	4.53
Diluted (in dollars per share)
1.25	0.99	0.72	-	1.11	0.92	1.79	1.46	2.23	1.55	4.35
Basic and diluted earnings per share (in dollars per share) (Note 6)
-	-	-	1.17	-	-	-	-	-	-	-
Weighted-average shares outstanding (Note 13):
Basic weighted-average shares (in shares) (Note 6)
45	46	46	46	46	46	23	23	11	10	10
Diluted weighted-average shares (in shares) (Note 6)
46	46	46	46	46	46	23	23	11	11	10
Dividends paid per common share (in dollars per share) (Note 11)
-	-	-	-	-	-	-	-	0.17	0.00	0.00