Cooper tire & rubber co (CTB)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Net sales

-

750,212

704,134

679,130

-

770,487

737,671

698,408

601,496

757,035

733,843

720,753

643,025

783,887

750,913

740,294

649,775

775,546

782,368

751,781

663,206

819,584

920,082

888,685

796,458

861,007

832,419

884,126

861,681

1,062,470

1,095,626

1,058,482

984,258

1,038,685

1,048,602

918,739

901,794

882,942

803,959

Cost of products sold

-

-

589,768

579,989

-

645,849

597,724

604,185

517,011

-

-

-

-

576,854

597,961

560,625

499,346

603,697

628,414

592,089

531,251

699,241

762,878

740,816

649,116

750,298

735,015

733,966

703,763

870,693

897,468

899,578

878,829

931,997

960,518

849,464

820,834

754,695

708,577

Gross profit

-

131,524

114,366

99,141

-

124,638

139,947

94,223

84,485

119,786

173,472

139,551

118,586

207,033

152,952

179,669

150,429

171,849

153,954

159,692

131,955

120,343

157,204

147,869

147,342

110,709

97,404

150,160

157,918

191,777

198,158

158,904

105,429

106,688

88,084

69,275

80,960

128,247

95,382

Selling, general and administrative expense

-

-

60,786

65,811

-

65,984

58,746

61,460

58,031

-

-

-

-

60,285

63,262

69,753

59,325

69,317

71,787

60,264

61,602

66,760

67,829

71,280

66,431

63,733

69,496

80,994

61,254

67,542

68,555

63,490

57,719

47,035

40,872

45,022

48,777

56,351

54,274

Pension settlement charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,462

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring expense

-

-

811

1,659

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,766

7,426

Goodwill impairment charge

-

-

-

-

-

33,827

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating profit

-

63,583

52,769

31,671

-

24,826

81,201

32,763

26,454

56,271

110,780

84,201

57,995

158,210

78,228

109,916

91,104

102,532

82,167

99,428

70,353

53,583

89,375

76,589

80,911

46,976

27,908

69,166

96,664

124,235

129,603

95,414

47,710

59,653

47,212

24,253

32,183

67,130

33,682

Interest expense

-

7,590

7,476

7,810

-

8,142

7,930

8,417

7,691

8,420

7,591

8,210

7,827

6,887

6,795

6,286

6,636

5,335

5,889

6,240

6,356

7,178

7,050

6,792

7,118

6,890

6,684

7,231

7,101

5,573

7,115

8,383

8,475

8,588

8,953

9,229

9,421

9,397

9,149

Interest income

-

2,571

1,507

1,999

-

3,514

2,399

1,988

2,315

2,029

1,776

1,755

1,802

1,472

1,018

948

940

602

533

514

562

412

305

270

513

103

270

141

296

646

542

721

651

791

829

901

669

2,166

771

Other pension and postretirement benefit expense

-

13,355

9,562

9,288

-

6,921

6,932

6,967

6,986

9,426

9,403

9,369

9,325

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-operating expense

-

-892

-509

-1,463

-

-1,288

2,922

-1,391

-1,658

-1,645

-978

-255

-235

258

1,785

1,427

1,462

-1,877

1,362

1,592

80

-1,985

-1,253

477

-11

-60

-348

-834

595

-1,859

-315

183

465

-1,678

-124

143

5,505

719

988

Income before income taxes

-

44,317

36,729

15,109

-

11,989

71,660

17,976

12,434

38,809

94,584

68,122

42,410

99,982

74,236

106,005

86,870

95,922

78,173

95,294

64,639

122,303

81,377

70,544

74,295

40,129

21,146

61,242

90,454

117,449

122,715

87,935

40,351

50,178

38,964

16,068

28,936

60,618

26,292

Income tax provision

-

-

7,721

5,851

-

11,550

16,227

2,267

3,451

-

-

-

-

29,290

23,757

34,654

28,098

36,406

24,524

34,818

22,476

36,604

26,740

25,786

22,567

14,302

17,845

19,642

27,617

34,374

40,004

29,345

12,301

-164,540

17,003

1,621

10,459

10,309

1,247

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,309

25,045

Income from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

25,126

Net (loss) income

-11,317

52,871

29,008

9,258

7,178

439

55,433

15,709

8,983

-41,120

62,660

45,824

29,381

70,692

50,479

71,351

58,772

59,516

53,649

60,476

42,163

85,699

54,637

44,758

51,728

25,827

3,301

41,600

62,837

83,075

82,711

58,590

28,050

214,718

21,961

14,447

18,477

50,308

50,171

Other comprehensive (loss) income:
Cumulative currency translation adjustments

-37,794

-

-

-

9,307

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax

-37,794

-

-

-

9,307

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial instruments:
Change in the fair value of derivatives

-4,111

-

-

-

-1,121

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax benefit on derivative instruments

-1,037

-

-

-

-333

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial instruments, net of tax

-3,074

-

-

-

-788

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Postretirement benefit plans:
Amortization of actuarial loss

-8,149

-

-

-

-9,233

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of prior service cost (credit)

236

-

-

-

-102

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Actuarial loss

-31,490

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax provision on postretirement benefit plans

-6,039

-

-

-

2,041

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency translation effect

4,708

-

-

-

-1,460

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Postretirement benefit plans, net of tax

12,358

-

-

-

-5,630

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive (loss) income

-64,974

-

-

-

14,149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive (loss) income

-76,291

-

-

-

21,327

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Comprehensive (loss) income attributable to noncontrolling shareholders' interests

-270

-

-

-

1,178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive (loss) income attributable to Cooper Tire & Rubber Company

-76,021

-

-

-

20,149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to noncontrolling shareholders' interests

-

-

-336

437

-

858

1,720

701

698

-

-

-

-

1,368

1,176

602

-233

269

473

894

1,402

3,436

6,938

6,576

6,294

6,212

3,469

6,114

6,757

10,131

8,598

6,844

6,482

5,693

4,680

2,924

2,803

5,710

6,094

Net income attributable to Cooper Tire & Rubber Company

-

51,259

29,344

8,821

-

-419

53,713

15,008

8,285

-42,158

61,687

45,310

30,561

69,324

49,303

70,749

59,005

59,247

53,176

59,582

40,761

82,263

47,699

38,182

45,434

19,615

-168

35,486

56,080

72,944

74,113

51,746

21,568

209,025

17,281

11,523

15,674

44,598

44,077

Earnings per share:
Income from continuing operations attributable to Cooper Tire & Rubber Company common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.73

0.31

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.41

Basic (in dollars per share)

-

1.02

0.58

0.18

-

-0.01

1.07

0.30

0.16

-0.80

1.19

0.86

0.58

1.30

0.91

1.29

1.06

1.05

0.94

1.04

0.70

1.37

0.79

0.60

0.72

0.30

0.00

0.56

0.89

1.16

1.18

0.83

0.35

3.36

0.28

0.19

0.25

0.73

0.72

Income from continuing operations attributable to Cooper Tire & Rubber Company common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.71

0.30

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.40

Diluted (in dollars per share)

-

1.02

0.58

0.18

-

-0.01

1.07

0.30

0.16

-0.79

1.18

0.85

0.57

1.29

0.90

1.27

1.05

1.04

0.93

1.03

0.69

1.35

0.77

0.59

0.71

0.31

0.00

0.55

0.87

1.16

1.17

0.82

0.34

3.32

0.27

0.18

0.25

0.71

0.70

Cash dividends declared per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.10

0.10

0.10

-

0.10

0.10

0.10

-

0.10

0.10

0.10

-

0.10

0.10

0.10

-

0.10

0.10

0.10

-

0.10

0.10

0.10

0.10

0.10

Noncontrolling Shareholders’ Interests in Consolidated Subsidiaries
Net (loss) income

274

-

-

-

199

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cumulative currency translation adjustments

-11,748

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax

-11,748

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive (loss) income

-

-

-

-

979

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-