PRIMO WATER CORP COT Income Statement

Primo water corp (COT)

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	Jul'17	Apr'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	Sep'10	Jun'10
Revenue, net
474,200	600,200	616,100	604,100	427,700	599,200	609,300	603,600	560,800	571,300	580,900	580,600	536,900	-316,900	476,700	765,000	698,400	-1,057,900	755,600	779,800	709,800	543,500	535,000	549,200	475,100	481,600	543,200	563,800	505,400	517,200	583,800	625,800	523,800	549,200	611,300	640,000	534,100	486,900	424,700
Cost of sales
200,900	294,600	289,900	291,000	184,600	309,000	298,800	302,200	287,300	292,300	288,100	293,500	268,100	-452,700	229,000	512,400	484,400	-1,034,000	523,100	539,200	508,500	471,700	465,500	470,200	418,900	404,200	478,200	487,200	449,000	433,400	510,600	533,500	460,400	497,800	543,700	552,000	464,500	419,800	351,200
Gross profit
273,300	305,600	326,200	313,100	243,100	290,200	310,500	301,400	273,500	279,000	292,800	287,100	268,800	135,800	247,700	252,600	214,000	-23,900	232,500	240,600	201,300	71,800	69,500	79,000	56,200	77,400	65,000	76,600	56,400	83,800	73,200	92,300	63,400	51,400	67,600	88,000	69,600	67,100	73,500
Selling, general and administrative expenses
255,100	275,900	280,800	284,200	235,800	275,900	279,900	275,200	261,100	265,000	263,200	260,000	255,000	181,800	225,300	202,100	197,000	33,500	196,200	190,200	188,500	66,200	49,900	50,700	46,900	59,400	37,900	41,700	41,300	66,400	43,800	48,800	41,800	44,400	38,100	45,100	45,100	47,300	34,500
Loss on disposal of property, plant and equipment, net
-1,400	-2,900	-1,100	-1,600	-1,900	-5,600	-1,200	-1,300	-1,300	-5,400	400	-3,900	-1,300	-2,100	-1,400	-2,200	-900	-1,500	-1,100	-200	-1,400	-1,300	-400	100	-100	-	-1,100	-300	-	-100	-800	-300	-600	-	-500	-	-	-300	100
Restructuring and asset impairments
Restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	100	2,200	-	0	2,000	-	-	-	-	-	-	-	-	-	-	-
Asset impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-200	300	1,600	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Acquisition and integration expenses
20,800	6,700	2,700	2,700	4,700	4,500	1,600	4,200	5,000	8,700	7,700	6,700	7,300	7,300	7,400	11,700	1,400	4,600	6,600	4,100	4,700	37,900	500	1,800	1,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating (loss) income
-4,000	20,100	41,600	24,600	700	4,200	27,800	20,700	6,100	-100	22,300	16,500	5,200	-55,400	13,600	36,600	14,700	-63,500	28,600	46,100	6,700	-33,600	18,800	26,200	4,300	14,500	26,000	32,600	15,100	17,300	28,600	43,200	21,000	4,300	29,000	42,900	24,500	19,500	39,100
Other expense, net
-7,000	4,100	-3,800	2,400	-5,500	9,900	600	12,200	20,200	-	3,400	-	-	-4,600	-200	-3,000	2,200	2,800	600	-1,000	10,400	1,900	-5,400	-19,800	2,300	-12,400	-700	600	-300	-4,200	1,500	500	200	-4,300	1,300	0	800	1,300	500
Interest expense, net
19,700	19,600	20,200	19,100	19,300	19,300	18,900	18,600	20,800	-	23,200	-	-	-26,300	14,500	27,000	27,800	-52,900	27,400	27,900	27,700	47,300	-9,000	-8,400	9,800	12,200	13,300	12,800	13,300	13,600	13,100	13,500	14,000	13,700	14,400	14,600	14,400	10,300	6,100
Loss from continuing operations before income taxes
-30,700	8,000	17,600	7,900	-24,100	-5,200	9,500	14,300	5,500	-	2,500	-	-	-33,700	-1,100	6,600	-10,900	-6,600	600	17,200	-10,600	-44,200	4,400	-2,000	-3,200	-10,900	13,400	19,800	1,500	2,900	17,000	30,200	7,200	-10,400	13,300	28,300	9,300	7,900	32,500
Income tax benefit
-3,300	-1,600	9,000	3,500	-1,400	-8,800	1,000	2,100	900	-	900	-	-	30,100	2,900	-2,300	-9,500	1,200	-5,800	-1,100	-9,400	-65,200	1,800	2,500	-500	-500	100	1,700	500	-900	1,200	3,900	400	1,000	-4,000	700	1,600	700	8,800
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total
-27,400	-	-	-	-22,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	6,600	8,600	4,400	-	3,600	8,500	12,200	4,600	9,500	1,600	-4,500	-10,200	-	-4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income from discontinued operations, net of income taxes
30,900	1,500	1,500	0	3,000	-2,900	1,500	-1,400	357,400	9,700	43,000	-17,800	-24,200	-	2,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-	-	10,100	4,400	-	700	10,000	10,800	362,000	-	44,600	-	-	-77,900	-1,100	8,900	-1,400	-2,900	6,400	18,300	-1,200	21,000	2,600	-4,500	-2,700	-10,400	13,300	18,100	1,000	3,800	15,800	26,300	6,800	-11,400	17,300	27,600	7,700	7,200	23,700
Less: Net income attributable to non-controlling interests - discontinued operations
-	-	0	0	-	0	0	0	600	2,100	2,100	2,300	2,000	1,900	1,500	1,500	1,400	1,500	1,600	1,700	1,300	1,500	1,300	1,400	1,400	1,100	1,300	1,600	1,000	3,700	-1,300	1,200	900	500	1,100	1,100	900	1,400	1,400
Less: Foreign exchange impact on redemption of preferred shares-continued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
3,500	8,100	10,100	4,400	-19,700	700	10,000	10,800	361,400	17,100	42,500	-24,600	-36,400	-79,800	-2,600	7,400	-2,800	-4,400	4,800	2,200	-6,000	18,700	1,300	-5,900	-4,100	-11,500	12,000	16,500	0	2,700	14,500	25,100	5,900	-11,900	16,200	26,500	6,800	5,800	22,300
Net income (loss) per common share
Basic:
Continuing operations (in USD per share)
-0.19	0.05	0.06	0.03	-0.17	0.03	0.06	0.09	0.03	0.07	0.01	-0.03	-0.07	-	-0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in USD per share)
0.22	0.01	0.01	0.00	0.03	-0.02	0.01	-0.01	2.55	0.05	0.29	-0.15	-0.19	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) (in USD per share)
0.02	0.06	0.07	0.03	-0.14	0.01	0.07	0.08	2.58	0.12	0.30	-0.18	-0.26	-0.63	-0.02	0.06	-0.02	-0.03	0.04	0.02	-0.06	0.20	0.01	-0.06	-0.04	-	0.13	0.17	-	0.03	0.15	0.27	0.06	-0.12	0.17	0.28	0.07	0.07	0.28
Diluted:
Continuing operations (in USD per share)
-0.19	0.05	0.06	0.03	-0.17	0.03	0.06	0.09	0.03	0.07	0.01	-0.03	-0.07	-	-0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in USD per share)
0.22	0.01	0.01	0.00	0.03	-0.02	0.01	-0.01	2.51	0.05	0.29	-0.15	-0.19	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) (in USD per share)
0.02	0.06	0.07	0.03	-0.14	0.01	0.07	0.08	2.54	0.12	0.30	-0.18	-0.26	-0.63	-0.02	0.06	-0.02	-0.03	0.04	0.02	-0.06	0.19	0.01	-0.06	-0.04	-0.12	0.13	0.17	0.00	0.03	0.15	0.26	0.06	-0.12	0.17	0.28	0.07	0.07	0.28
Weighted average common shares outstanding (in thousands)
Basic (in shares)
141,139	134,712	134,667	135,569	135,948	137,880	138,787	139,768	139,953	-	139,205	-	-	138,459	138,195	123,239	113,267	109,693	109,686	99,573	93,196	92,948	93,607	94,234	94,319	94,235	94,235	95,159	95,371	189,202	94,488	94	94,427	94,426	94,325	94,137	94,076	87,196	80,429
Diluted (in shares)
141,139	131,434	136,208	137,306	135,948	140,572	141,176	141,661	142,335	-	141,003	-	-	137,518	138,195	124,180	113,267	108,377	110,410	100,165	93,196	100,699	94,348	94,234	94,319	95,978	94,772	95,981	95,801	187,704	95,598	95	95,702	94,001	95,146	95,529	95,328	88,956	80,887
Dividends declared per common share( in shares)
-	-	-	-	-	-	-	-	-	-	0.06	-	-	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	-	-	-	-	-	-	-	-	-	-