CVR ENERGY, INC CVI Income Statement

Cvr energy, inc (CVI)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'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	Dec'10	Sep'10	Jun'10	Mar'10
Net sales
6,008	6,364	6,532	6,845	7,072	7,123	6,979	6,498	6,018	5,988	5,748	5,534	5,384	4,782	4,439	4,608	4,949	5,432	6,263	7,134	8,050	9,109	9,703	9,400	9,080	8,985	8,430	8,863	8,951	8,567	7,748	6,691	5,830	5,029	5,115	4,794	4,352	4,079	0	0	0
Operating costs and expenses:
Cost of materials and other
4,808	4,851	4,976	5,311	5,604	5,683	5,596	5,173	4,842	4,883	4,711	4,584	4,331	3,847	3,567	3,638	3,853	4,190	5,075	6,065	7,062	8,066	8,552	8,230	7,826	7,563	6,828	6,786	6,875	6,697	0	0	0	-	-	-	-	-	-	-	-
Direct operating expenses (exclusive of depreciation and amortization as reflected below)
526	533	527	507	515	519	565	606	590	598	554	524	538	541	621	637	614	584	507	498	503	515	490	482	470	455	547	529	515	522	444	409	381	334	273	251	247	239	0	0	0
Depreciation and amortization
275	278	278	272	264	263	246	234	218	203	201	198	195	184	173	162	154	156	158	159	157	154	151	149	145	142	138	134	132	130	121	110	100	90	88	88	87	86	0	0	0
Cost of sales
5,609	5,662	5,779	6,088	6,381	6,463	6,408	6,014	5,651	5,685	5,467	5,306	5,065	4,573	4,361	4,437	4,622	4,931	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	3,943	4,069	3,933	3,702	3,568	0	0	0
Flood insurance recovery
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	3	0	0	0	-	-	-	-
Selling, general and administrative expenses (exclusive of depreciation and amortization as reflected below)
111	117	116	114	118	112	113	113	107	112	108	109	111	109	102	100	100	99	102	107	108	109	114	110	111	113	120	123	166	183	176	163	110	97	112	111	103	92	0	0	0
Depreciation and amortization
9	9	8	9	10	11	12	12	11	10	9	8	9	8	8	8	8	7	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on asset disposals
6	4	4	6	-8	-6	-7	-7	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating costs and expenses
-	-	-	-	-	-	-	-	-	5,810	-	-	5,185	4,691	4,472	4,546	4,704	5,010	5,822	6,807	7,833	8,845	9,309	8,972	8,554	8,275	7,634	7,574	7,689	7,532	6,811	6,075	5,232	4,462	4,540	4,381	4,138	3,986	0	0	0
Operating (loss) income
285	580	649	656	571	547	439	352	246	177	160	108	198	90	-32	61	245	421	441	327	217	264	394	428	526	710	795	1,289	1,262	1,034	936	615	597	566	574	412	214	93	0	0	0
Other (expense) income:
Interest expense, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment income from marketable securities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net
-	-	-101	-101	-	-102	-51	-53	-54	-0	-0	53	98	83	68	54	47	48	47	45	42	40	39	42	45	50	57	65	71	75	71	66	61	55	54	54	53	50	0	0	0
Interest income
-	-	-	-	-	-	-	-	-	1	-	-	0	0	0	0	1	1	1	1	0	0	1	1	1	1	1	1	1	0	0	0	0	0	1	1	2	2	0	0	0
Gain (loss) on derivatives, net
-	-	-	-	-	-	-	-	-	-69	-19	-4	-6	-19	18	32	21	-28	-37	-23	24	185	55	101	186	57	164	-76	-158	-285	-266	-97	-135	-7	-27	-28	-21	-1	0	0	0
Unrealized gain (loss) on derivatives, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	85	0	0	0	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-4	0	0	0	-	-	-	-	-	-	-	-	-26	-63	-63	-63	-37	-0	-0	-0	-2	-3	-3	-18	-16	0	0	0
Other income, net
12	13	19	17	16	15	7	4	2	0	0	5	5	5	5	0	1	36	32	34	32	-3	7	11	13	13	6	0	0	0	0	1	0	0	1	1	1	1	0	0	0
Total other income (expense)
-	-	-	-	-	-	-	-	-	-177	-	-	-103	-101	-48	-25	-24	-39	-51	-33	15	142	23	72	156	-4	51	-203	-291	-396	-244	-80	-108	21	-90	-81	-93	-64	0	0	0
(Loss) income before income tax expense
217	491	552	557	471	445	275	166	57	-0	32	3	94	-10	-81	36	220	382	390	293	232	407	418	500	682	705	846	1,085	970	638	692	534	489	588	483	331	121	28	0	0	0
Income tax (benefit) expense
58	129	123	122	96	79	-168	-192	-214	-217	-5	-11	16	-19	-18	2	38	84	84	65	52	97	79	105	159	183	239	337	329	225	246	187	172	209	181	125	48	13	0	0	0
Net (loss) income
159	362	440	446	386	377	443	358	271	216	38	15	78	8	-63	33	182	297	306	228	180	309	338	395	523	522	607	747	641	412	446	347	316	378	302	205	72	14	0	0	0
Less: Net (loss) income attributable to noncontrolling interest
-33	-18	22	66	79	111	59	33	0	-16	-2	-8	14	-15	-35	8	83	128	135	108	78	135	141	162	190	151	174	150	72	34	41	43	41	0	0	0	-	-	-	-	-
Net (loss) income attributable to CVR Energy stockholders
192	380	418	380	307	266	384	325	271	233	40	23	63	24	-27	25	98	169	170	120	102	173	196	232	332	370	432	597	568	378	404	304	274	345	0	0	0	-	-	-	-
Diluted earnings per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.51	0.09	0.96	1.46	-0.25	0.51	2.11	1.90	0.46	2.41	1.75	-0.29	0.75	1.25	1.42	0.52	0.03	0.27	0.01	-0.14
Basic and diluted (loss) earnings per share (in dollars per share)
-0.87	0.44	1.18	1.16	1.00	0.82	0.85	0.50	0.69	2.31	0.26	-0.12	0.26	0.08	0.06	0.33	-0.19	-	-	-	-	-0.51	0.09	0.96	1.46	-0.25	0.51	2.11	1.90	0.46	2.41	1.78	-0.29	0.76	1.26	1.44	0.53	0.03	0.27	0.01	-0.14
Dividends declared per share (in dollars per share)
0.80	0.80	0.75	0.75	0.75	0.75	0.75	0.75	0.50	0.50	0.50	0.50	0.50	0.50	0.50	0.50	0.50	0.50	0.50	0.50	0.50	0.75	2.75	0.75	0.75	0.75	0.75	7.25	5.50	-	-	-	-	-	-	-	-	-	-	-	-
Weighted-average common shares outstanding:
Basic and diluted (in shares)
100	100	100	100	100	100	95	86	86	86	86	86	86	86	86	86	86	86	86	86	86	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	86	86	86	86	86	86	86	86	86	86	86	86	86	86	86	86	86	86	86	86
Diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	86	86	86	86	86	86	86	86	86	86	88	86	87	87	87	87	87	87	86	86