Dana Inc. DAN Income Statement

Dana inc. (DAN)

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	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
1,926	1,987	2,164	2,306	2,163	1,973	1,978	2,054	2,138	1,837	1,831	1,840	1,701	1,447	1,384	1,546	1,449	1,375	1,468	1,609	1,608	1,582	1,637	1,710	1,688	1,624	1,669	1,800	1,676	1,609	1,715	1,936	1,964	1,871	1,940	1,933	1,800	1,371	1,516	1,526	1,508
Costs and expenses
Cost of sales
1,720	1,764	1,882	1,980	1,863	1,717	1,692	1,746	1,831	1,581	1,562	1,563	1,437	1,252	1,176	1,313	1,250	1,203	1,255	1,373	1,380	1,359	1,397	1,462	1,454	1,412	1,434	1,541	1,462	1,412	1,477	1,663	1,698	1,656	1,706	1,700	1,585	1,207	1,338	1,357	1,368
Selling, general and administrative expenses
106	104	128	140	136	116	119	134	130	131	124	133	120	98	99	106	98	92	98	101	100	101	97	108	105	105	97	105	103	102	99	110	113	90	111	107	99	103	99	91	102
Amortization of intangibles
3	4	2	4	2	2	2	2	2	2	4	3	2	2	2	2	2	1	4	4	5	9	10	10	13	19	18	18	19	18	18	19	19	19	20	21	17	15	15	16	15
Restructuring charges, net
3	6	5	9	9	8	9	7	1	0	2	10	2	13	17	5	1	2	1	11	1	7	2	3	9	10	8	4	2	17	6	19	5	19	22	11	30	14	10	31	19
Impairment of goodwill
51	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of indefinite-lived intangible asset
-	-	-	-	-	-	-	20	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on disposal group held for sale
-	-	-	-	-	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension settlement charges
-	-	-2	-258	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
4	6	-8	-10	-13	-10	-9	-10	0	-4	0	-1	-11	13	6	5	-2	-17	2	4	12	-2	20	21	-6	17	18	18	2	10	2	8	-1	43	79	-20	-48	14	10	12	-13
Earnings before interest and income taxes
47	110	137	-95	140	120	147	138	174	92	139	130	129	15	96	125	96	62	76	124	132	-18	151	148	101	95	130	150	92	70	117	133	128	90	160	114	21	46	64	43	-9
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-13	-6	-	-	0	-17	-	0	0	0	-2	-19	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
2	2	3	3	2	3	3	2	3	3	3	2	3	5	3	2	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
29	30	31	34	27	25	24	23	24	23	25	27	27	29	27	30	27	27	31	27	28	29	30	29	30	30	27	21	21	21	22	20	21	20	20	20	19	21	22	20	26
Earnings before income taxes
20	73	109	-126	115	98	126	117	153	72	104	99	105	-9	72	80	72	46	45	97	104	-51	121	119	71	65	103	129	71	49	95	113	107	70	140	94	2	25	42	23	-35
Income tax expense (benefit)
-16	-5	5	-52	20	3	31	-4	48	189	33	31	30	-490	13	29	24	92	-77	36	31	-166	29	33	34	23	34	35	27	-46	33	27	37	-5	30	31	31	20	-4	17	-3
Equity in earnings of affiliates
2	8	8	8	6	11	1	6	6	7	2	5	5	8	2	4	0	-37	0	2	1	4	2	6	1	2	3	3	4	-2	-2	2	4	4	6	7	4	4	1	4	2
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	119	94	92	38	44	72	97	48	93	60	88	74	-	116	-	-	-	-	-	-
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11	-1	-2	-1	-1	-1	-1	2	0	0	1	-1	-	-4	-	-	-	-	-	-
Net income
38	86	112	-66	101	106	96	127	111	-110	73	73	80	489	61	55	48	-79	122	63	74	108	93	90	37	43	71	96	50	93	60	89	73	75	112	70	-25	-12	47	10	-30
Less: Noncontrolling interests net income
2	4	3	2	4	7	1	3	2	-3	3	5	5	4	4	2	3	3	3	4	11	-1	3	4	3	1	3	4	8	5	4	3	3	4	2	2	5	1	1	1	1
Less: Redeemable noncontrolling interests net loss
-2	-3	-2	0	-1	-	0	0	1	-3	1	-3	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to the parent company
38	85	111	-68	98	100	95	124	108	-104	69	71	75	485	57	53	45	-82	119	59	63	109	90	86	34	42	68	92	42	88	56	86	70	71	110	68	-30	-13	46	9	-31
Preferred stock dividend requirements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2	2	3	4	6	7	8	8	8	7	8	8	8	7	8	8	8	8	8
Preferred stock redemption premium
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	232	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income available to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	109	88	84	31	38	-170	85	34	80	48	79	62	63	102	61	-38	-21	38	1	-39
Net income per share available to common stockholders
Basic:
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.74	0.57	0.55	0.21	0.26	-1.15	0.59	0.22	0.55	0.32	0.52	0.43	-	0.72	-	-	-	-	-	-
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.08	-0.01	-0.01	0.00	0.00	-0.01	-0.01	0.01	0.00	0.00	0.01	-0.01	-	-0.03	-	-	-	-	-	-
Basic (in dollars per share)
0.26	0.59	0.77	-0.47	0.68	0.69	0.66	0.85	0.74	-0.75	0.47	0.48	0.52	3.32	0.40	0.36	0.30	-0.49	0.75	0.36	0.38	0.66	0.56	0.54	0.21	0.26	-1.16	0.58	0.23	0.55	0.32	0.53	0.42	0.44	0.69	0.41	-0.26	-0.14	0.27	0.00	-0.28
Diluted:
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.71	0.53	0.50	0.19	0.45	-1.15	0.44	0.18	0.41	0.26	0.40	0.33	-	0.53	-	-	-	-	-	-
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.07	-0.01	-0.01	0.00	-0.01	-0.01	0.00	0.01	-	-	-	-	-	-0.02	-	-	-	-	-	-
Diluted (in dollars per share)
0.26	0.58	0.77	-0.47	0.68	0.68	0.65	0.85	0.73	-0.73	0.46	0.47	0.51	3.31	0.39	0.36	0.30	-0.50	0.75	0.36	0.38	0.64	0.52	0.49	0.19	0.44	-1.16	0.44	0.19	0.41	0.26	0.40	0.33	0.45	0.51	0.32	-0.26	-0.09	0.22	0.00	-0.28
Weighted-average common shares outstanding
Basic (in shares)
144	144	144	144	143	144	144	145	145	146	145	144	144	144	144	146	149	151	158	162	164	168	156	156	150	145	145	145	148	148	148	147	147	147	147	146	145	142	140	140	140
Diluted (in shares)
144	146	144	144	144	146	145	146	147	148	146	146	145	145	144	147	149	151	158	163	166	169	172	175	177	13	145	211	214	215	214	214	214	286	214	214	145	65	212	146	140
Cash dividends declared per share
-	-	-	-	-	-	-	-	-	-	0.06	0.06	0.06	-	0.06	0.06	0.06	0.06	0.06	0.06	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	-	-	-	-	-	-	-	-