Dean foods co (DF)
Income statement / Quarterly
Dec'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'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Net sales

1,840,021

1,849,710

1,843,498

1,795,434

1,929,480

1,894,066

1,951,230

1,980,507

1,934,997

1,937,620

1,926,722

1,995,686

2,018,009

1,964,601

1,848,788

1,878,828

2,022,500

2,033,693

2,014,706

2,050,762

2,395,007

2,373,280

2,393,869

2,341,040

2,295,450

2,200,899

2,227,542

2,292,430

1,932,400

2,236,969

2,234,841

2,870,452

-43,712

3,410,797

3,298,808

3,049,854

1,850,311

3,054,130

2,954,653

2,961,143

2,762,709

2,669,853

Cost of sales

1,503,863

1,499,369

1,464,018

1,421,681

1,546,086

1,503,469

1,518,446

1,532,004

1,488,467

1,495,782

1,459,242

1,533,467

1,515,991

1,475,826

1,355,535

1,374,760

1,514,029

1,541,705

1,519,065

1,572,453

1,953,607

1,956,480

1,994,781

1,924,865

1,849,680

1,759,614

1,755,242

1,797,198

1,609,020

1,728,559

1,694,939

2,146,885

109,962

2,669,532

2,539,247

2,299,572

1,342,852

2,304,501

2,203,230

2,213,349

1,977,176

1,908,203

Gross Profit

336,158

350,341

379,480

373,753

383,394

390,597

432,784

448,503

446,530

441,838

467,480

462,219

502,018

488,775

493,253

504,068

508,471

491,988

495,641

478,309

441,400

416,800

399,088

416,175

445,770

441,285

472,300

495,232

323,380

508,410

539,902

723,567

-153,674

741,265

759,561

750,282

507,459

749,629

751,423

747,794

785,533

761,650

Operating costs and expenses:
Selling Expense

318,665

335,693

335,852

337,712

371,217

349,244

336,721

345,996

330,793

332,551

338,010

345,063

342,333

341,477

331,150

332,887

355,548

347,493

338,092

338,184

343,396

337,346

334,932

339,379

332,614

333,456

331,678

339,997

232,674

353,418

350,600

482,839

-20,557

498,682

492,094

485,802

395,372

491,154

457,705

472,727

472,461

438,028

General and Administrative Expense

80,638

76,086

71,546

73,085

69,583

66,582

65,972

75,522

68,898

67,950

72,281

98,664

79,960

90,840

86,614

85,151

90,689

84,916

87,243

87,476

75,940

69,728

70,777

72,299

66,827

72,274

86,388

84,964

80,307

96,701

111,849

124,100

7,304

148,191

153,645

164,662

135,894

154,895

159,423

150,965

166,771

153,167

Amortization of Intangible Assets

5,050

5,150

5,200

5,200

5,172

5,150

5,100

5,078

5,158

5,232

5,155

5,155

5,204

5,151

4,120

6,325

6,340

6,401

8,206

706

714

714

717

744

884

910

925

950

325

940

939

1,554

-2,962

2,584

2,637

2,738

-138

2,810

2,807

2,863

2,480

2,006

Restructuring Charges

1,479

3,806

7,400

4,332

1,548

-2,679

67,661

8,462

1,966

7,844

5,817

9,286

-344

9,297

-1,400

1,166

10,482

2,709

5,408

1,245

-50

2,805

728

977

9,191

7,268

4,939

5,610

18,055

6,080

6,217

25,435

3,536

10,283

21,226

10,643

14,448

8,253

6,509

1,551

6,303

11,414

Litigation settlements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,521

0

0

1,019

0

-

-

-

-

-

-

-131,300

-

-

0

0

-

-

-

Impairment of goodwill and long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

109,910

20,820

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of long-lived assets

-

0

11,860

-

-

0

2,232

-

-

24,970

0

-

-

0

-

-

-

-

-

-

-

7,400

-

-

-

4,422

3,604

33,915

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,926,000

-

-

-

0

-

-

-

-

Other operating income

-

0

0

-

-

0

2,289

-

-

0

0

-

-

-

-

-

-

-

-

-

-

0

4,535

-

-

-285

-2,209

-

-

56,339

-

-

47,020

-27,827

-24,898

19,490

-

0

0

-

-

-

Equity in (earnings) loss of unconsolidated affiliate

1,498

694

688

1,955

2,423

1,917

1,699

1,900

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Expenses

569,931

420,041

431,120

418,324

647,257

416,380

473,676

433,158

412,523

438,547

421,263

458,168

427,105

446,765

420,484

425,529

463,059

441,519

438,949

537,521

433,420

417,993

402,619

410,878

411,016

418,615

428,724

465,436

330,241

400,800

469,605

633,928

139,933

2,613,567

776,004

644,355

575,576

657,112

626,444

628,106

648,015

604,615

Operating Income (Loss)

-233,773

-69,700

-51,640

-44,571

-263,863

-25,783

-40,892

15,345

34,007

3,291

46,217

4,051

74,913

42,010

72,769

78,539

45,412

50,469

56,692

-59,212

7,980

-1,193

-3,531

5,297

34,754

22,670

43,576

29,796

-6,861

107,610

70,297

89,639

-293,607

-1,872,302

-16,443

105,927

-68,117

92,517

124,979

119,688

137,518

157,035

Other (income) expense:
Interest expense

16,200

17,330

16,200

19,000

14,531

13,810

14,069

14,033

14,551

16,527

16,419

17,464

16,525

16,564

16,830

16,876

16,308

17,003

16,974

16,528

15,542

15,233

15,221

15,023

20,549

30,238

90,122

59,649

30,819

36,339

37,916

45,515

-14,187

62,873

63,493

65,270

13,463

64,304

55,369

58,069

59,508

59,964

Loss on early retirement of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-43,609

-1,437

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposition of WhiteWave common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

415,783

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Nonoperating Income (Expense)

-1,465

6,189

-1,500

-212

-1,193

-432

-782

-470

-557

-414

-248

-143

-3,170

1,178

2,210

997

2,047

964

294

446

860

487

-48

321

-89

126

528

-165

94

-387

2,511

-554

868

414

707

48

113

-383

306

181

-516

5,072

Total other expense

-62,192

-11,141

-17,700

-19,212

-15,724

-14,242

-14,851

-14,503

-15,108

-16,941

-16,667

-17,607

-19,695

-15,386

-14,620

-15,879

-14,261

-16,039

-16,680

-59,691

-16,119

-14,746

-15,269

-14,702

-84,025

385,671

-89,594

-59,814

-30,725

-36,726

-35,405

-46,069

15,055

-62,459

-62,786

-65,222

-13,784

-64,687

-55,063

-57,888

-60,024

-54,892

Income (loss) before income taxes

-295,965

-80,841

-69,340

-63,783

-279,587

-40,025

-55,743

842

18,899

-13,650

29,550

-13,556

55,218

26,624

58,149

62,660

31,151

34,430

40,012

-118,903

-8,139

-15,939

-18,800

-9,405

-49,271

408,341

-46,018

-30,018

-37,586

70,884

34,892

43,570

-278,552

-1,934,761

-79,229

40,705

-81,901

27,830

69,916

61,800

77,494

102,143

Income Tax Expense (Benefit)

-1,314

-1,448

-4,477

-1,956

-16,286

-13,377

-13,727

1,107

-30,608

-3,677

11,903

-3,797

21,699

12,098

24,778

23,459

12,333

14,197

13,493

-45,252

-13,843

-803

-17,837

387

-11,909

-7,177

-13,961

-9,278

-17,531

73,076

15,289

17,111

-135,558

-379,111

-26,209

17,323

-12,942

10,653

26,455

21,987

31,368

38,727

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-

-79,393

-64,863

-

-

-26,648

-42,016

-

-

-9,973

17,647

-

-

14,526

-

-

18,818

20,233

26,519

-73,651

5,704

-15,136

-963

-9,792

-37,362

415,518

-32,057

-20,740

-20,055

-2,192

19,603

26,459

-

-1,555,650

-53,020

-

-

17,177

43,461

-

-

-

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

11,355

-

-

-

0

-

-

-

-

-

-

-

-836

-

-

-88

0

-21,761

24,652

50,202

38,633

39,020

11,424

-

-

-

-

-

-

-

-

-

-

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39,813

46,126

63,416

Gain (loss) on sale of discontinued operations, net of tax

-

0

0

-

-

0

1,900

-

-

0

0

-

-

-

-

-

757

0

0

-89

-611

0

318

836

-227

-398

-65

491,885

-

-

-2,458

-

-

3,616

-

-

-673

6,357

0

1,837

-

-

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,577

-609

-733

978

-1,100

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-294,721

-79,393

-64,863

-61,827

-260,351

-26,648

-40,094

-265

52,318

1,382

17,647

-9,759

32,831

14,526

33,371

39,201

18,480

20,233

26,519

-73,740

5,277

-15,972

-645

-8,956

-37,677

415,120

-53,883

495,797

30,552

36,441

56,165

37,883

-10,499

-1,552,034

-53,020

23,382

-22,970

21,957

42,852

40,917

47,104

62,316

Net loss attributable to non-controlling interest

-78

-139

-392

-253

-234

-224

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,987

3,192

-

-

-

-

-625

-11,537

-2,507

-1,881

-2,224

-2,339

-1,935

-2,237

-2,549

-1,827

Net Income (Loss) Attributable to Parent

-294,643

-79,254

-64,471

-61,574

-260,117

-26,424

-40,094

-265

-

1,382

17,647

-

-

-

-

-

-

-

-

-

-

-

-

-

-37,677

415,120

-56,870

492,605

28,133

36,441

56,165

37,883

-9,874

-1,540,497

-50,513

25,263

-20,746

24,296

44,787

43,154

49,653

64,143

Average common shares:
Weighted Average Number of Shares Outstanding, Basic

91,933

91,889

91,758

91,526

91,404

91,372

91,342

91,192

91,065

90,939

90,882

90,709

90,500

90,423

91,244

91,567

91,330

93,254

94,386

94,222

93,909

93,797

93,561

94,398

94,550

94,164

93,417

93,010

-91,656

92,495

184,557

184,104

-183,049

183,649

183,359

182,817

182,208

182,118

181,635

181,234

180,352

168,331

Weighted Average Number of Shares Outstanding, Diluted

91,933

91,889

91,758

91,526

91,404

91,372

91,342

91,192

92,078

90,939

91,369

90,709

91,228

90,965

91,679

92,168

90,255

93,816

94,900

94,222

93,909

93,797

93,561

94,398

97,419

95,337

93,417

93,010

-90,436

92,495

185,257

184,947

-183,525

183,649

183,359

183,292

183,390

182,322

182,390

183,343

183,066

170,991

Earnings Per Share, Basic [Abstract]
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Per Basic Share

-

-0.86

-0.70

-

-

-0.29

-0.46

-

-

-0.11

0.19

-

-

0.16

-

-

0.19

0.22

0.28

-0.78

0.05

-0.16

-0.01

-0.10

-0.38

4.41

-0.34

-0.22

0.03

-0.02

0.10

0.15

-

-8.41

-0.28

-

-0.37

0.11

0.25

0.23

0.27

0.39

Income from discontinued operations attributable to Dean Foods Company (USD per share)

-

0.00

0.00

-

-

0.00

0.02

-

-

0.13

0.00

-

-

0.00

-

-

0.00

0.00

0.00

0.00

0.00

-0.01

0.00

0.01

-0.02

-0.03

-0.27

5.52

0.79

0.41

0.20

0.06

-

0.02

-

-

0.25

0.02

0.00

0.01

0.01

-0.01

Net loss attributable to Dean Foods Company (USD per share)

-3.22

-0.86

-0.70

-0.67

-2.85

-0.29

-0.44

0.00

0.58

0.02

0.19

-0.11

0.36

0.16

0.37

0.43

0.19

0.22

0.28

-0.78

0.05

-0.17

-0.01

-0.09

-0.43

4.41

-0.61

5.30

0.82

0.39

0.30

0.21

-8.65

-8.39

-0.28

0.14

-0.12

0.13

0.25

0.24

0.28

0.38

Earnings Per Share, Diluted [Abstract]
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Per Diluted Share

-

-0.86

-0.70

-

-

-0.29

-0.46

-

-

-0.11

0.19

-

-

0.16

-

-

0.19

0.22

0.28

-0.78

0.05

-0.16

-0.01

-0.10

-0.36

4.35

-0.34

-0.22

0.04

-0.02

0.10

0.14

-

-8.41

-0.28

-

-0.37

0.11

0.25

0.23

0.27

0.38

Income from discontinued operations attributable to Dean Foods Company (USD per share)

-

0.00

0.00

-

-

0.00

0.02

-

-

0.13

0.00

-

-

0.00

-

-

0.00

0.00

0.00

0.00

0.00

-0.01

0.00

0.01

-0.01

-0.09

-0.27

5.52

0.77

0.41

0.20

0.06

-

0.02

-

-

0.25

0.02

0.00

0.01

-

-

Net loss attributable to Dean Foods Company (USD per share)

-

-0.86

-0.70

-0.67

-

-0.29

-0.44

0.00

-

0.02

0.19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share, Diluted

-

-

-

-

-

-

-

-

-

-

-

-0.11

0.36

0.16

0.36

0.43

0.19

0.22

0.28

-0.78

0.05

-0.17

-0.01

-0.09

-0.46

4.35

-0.61

5.30

0.81

0.39

0.30

0.20

-8.65

-8.39

-0.28

0.14

-0.12

0.13

0.25

0.24

0.27

0.38

Cash dividends declared per common share (USD per share)

-

-

-

-

-

-

-

-

-

0.09

0.09

0.09

-

0.09

0.09

0.09

-

0.07

0.07

0.07

-

0.07

0.07

0.07

-

-

0.00

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-