CURTISS WRIGHT CORP CW Income Statement

Curtiss wright corp (CW)

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	Sep'09	Jun'09
Net Sales
Net sales
2,510	2,487	2,480	2,461	2,442	2,411	2,583	2,555	2,395	2,271	2,315	2,161	2,129	2,108	1,727	1,741	1,754	1,796	1,777	1,806	1,824	1,815	1,675	1,636	1,669	1,719	1,780	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Total net sales
2,510	2,487	2,480	2,461	2,442	2,411	2,375	2,347	2,294	2,271	2,224	2,163	2,129	2,108	2,132	2,150	2,162	2,205	2,189	2,222	2,246	2,243	2,085	2,039	2,068	2,118	2,018	1,985	1,914	1,823	2,056	2,086	2,065	2,016	1,952	1,909	1,865	1,854	1,805	1,787	0	0	0
Cost of sales
Total cost of sales
1,608	1,589	1,586	1,570	1,555	1,540	1,513	1,501	1,479	1,470	1,462	1,424	1,399	1,374	1,366	1,383	1,398	1,422	1,430	1,455	1,463	1,466	1,333	1,302	1,331	1,382	1,311	1,315	1,277	1,210	1,413	1,417	1,395	1,359	1,315	1,283	1,251	1,248	1,215	1,207	0	0	0
Gross profit
902	898	894	890	886	871	861	846	815	800	762	739	729	734	766	767	764	783	759	767	782	776	751	737	736	735	707	670	636	612	642	668	670	656	636	625	614	606	590	579	0	0	0
Research and development expenses
73	72	73	69	65	64	60	61	61	61	61	60	59	59	59	60	60	60	62	64	66	67	67	65	62	63	57	56	56	54	59	64	63	62	59	55	53	54	54	54	0	0	0
Selling expenses
120	120	122	124	126	126	128	127	123	121	115	112	112	113	116	120	120	121	123	123	126	128	117	119	124	128	120	116	111	107	122	125	122	119	117	114	113	111	109	109	0	0	0
General and administrative expenses
301	301	304	311	313	306	303	293	287	292	270	267	269	265	279	288	288	290	296	292	296	298	286	281	289	306	284	294	284	269	308	304	300	288	281	275	272	273	267	260	0	0	0
Restructuring expenses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
404	403	393	384	381	373	368	364	341	325	314	298	286	296	310	297	295	310	277	287	294	282	280	271	260	237	246	203	183	181	152	174	183	186	178	180	174	166	158	154	0	0	0
Interest expense
31	31	31	31	33	33	35	38	39	41	42	42	41	41	39	38	36	36	35	35	35	35	36	37	37	37	34	31	28	26	25	23	22	20	20	20	21	22	23	23	0	0	0
Other income, net
23	23	21	19	17	16	16	17	16	15	23	19	16	12	0	0	0	0	1	0	0	0	-0	0	0	0	0	0	0	0	0	1	0	0	-0	0	0	0	0	0	0	0	0
Earnings from continuing operations before income taxes
396	396	383	372	365	356	349	343	319	299	296	276	261	267	271	259	258	275	242	252	259	246	243	235	223	201	212	173	155	155	127	152	161	166	158	159	153	145	136	131	0	0	0
Provision for income taxes
92	88	82	79	77	80	89	93	93	84	78	76	72	78	82	78	76	82	74	78	82	76	74	72	68	61	68	55	50	51	39	43	46	48	45	50	49	47	46	44	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	192	167	173	176	169	161	152	0	-	0	0	-	104	87	108	115	118	0	0	0	-	-	-	-	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	4	7	9	7	0	0	0	-	-	-	-	-	-
Loss on divestitures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	18	18	18	0	0	0	0	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-46	-75	-90	-82	-56	-28	-11	0	-	0	0	-	9	23	25	27	7	0	0	0	-	-	-	-	-	-
Net earnings
303	307	301	292	287	275	260	250	225	214	215	197	187	187	188	176	162	145	92	83	94	113	143	155	152	137	129	104	93	113	110	134	143	126	122	116	110	102	90	86	0	0	0
Basic earnings per share
Earnings from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.54	0.82	0.85	0.91	0.96	0.92	0.90	0.76	-	0.81	0.75	-	1.08	0.24	0.49	0.42	0.72	0.69	0.65	0.50	-	-	-	-	-	-
Earnings from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.03	-0.09	-0.31	-0.57	-0.61	-0.40	-0.14	-0.03	-	-0.04	-0.04	-	-0.25	0.00	0.00	0.46	0.05	0.05	0.04	0.03	-	-	-	-	-	-
Basic earnings per share (usd per share)
1.22	2.10	1.93	1.87	1.30	1.90	1.70	1.69	0.99	1.52	1.45	1.15	0.74	1.54	1.04	0.90	0.74	1.51	0.73	0.54	0.34	0.35	0.52	0.76	0.73	1.01	0.77	0.71	0.45	0.83	0.24	0.49	0.88	0.77	0.74	0.69	0.53	0.69	0.61	0.57	0.36	0.44	0.54
Diluted earnings per share
Earnings from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.52	0.80	0.83	0.89	0.95	0.90	0.87	0.74	-	0.79	0.74	-	1.06	0.24	0.48	0.42	0.71	0.68	0.64	0.49	-	-	-	-	-	-
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	-0.09	-0.30	-0.56	-0.61	-0.39	-0.13	-0.02	-	-0.03	-0.04	-	-0.24	0.00	0.00	0.45	0.05	0.05	0.04	0.03	-	-	-	-	-	-
Diluted earnings per share (usd per share)
1.21	2.08	1.92	1.86	1.29	1.88	1.68	1.68	0.98	1.51	1.43	1.13	0.73	1.52	1.02	0.88	0.73	1.48	0.71	0.53	0.33	0.34	0.51	0.74	0.72	0.98	0.76	0.70	0.44	0.82	0.24	0.48	0.87	0.76	0.73	0.68	0.52	0.70	0.60	0.56	0.35	0.44	0.54
Dividends per share
0.17	0.17	0.17	0.17	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.10	0.10	0.10	0.09	0.09	0.09	0.09	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08
Weighted average shares outstanding:
Basic (shares)
42	42	42	42	42	43	43	44	44	44	44	44	44	44	44	44	44	45	46	47	47	47	48	48	47	47	47	46	46	46	46	46	46	46	46	46	46	46	45	45	45	45	45
Diluted (shares)
42	42	42	43	43	43	44	44	44	44	44	44	44	44	44	45	45	46	47	48	48	48	49	49	49	48	48	47	47	47	47	47	47	47	46	47	46	46	46	46	46	45	45
Product [Member]
Product sales
2,099	2,073	2,062	2,040	2,020	1,993	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods and Services Sold
1,348	1,329	1,322	1,303	1,285	1,272	0	0	0	-	-	1,160	1,137	1,113	1,097	1,120	1,128	1,156	1,165	1,182	1,194	1,190	1,072	1,041	1,072	1,123	1,216	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Service [Member]
Net sales
411	414	418	420	422	418	0	0	0	-	-	396	394	394	404	409	408	408	412	415	421	428	410	403	399	398	401	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods and Services Sold
259	259	263	267	270	267	0	0	0	-	-	263	261	261	268	262	270	265	264	272	268	275	261	260	259	258	264	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-