Fortune brands home & security, inc. (FBHS)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net sales

5,764

5,485

5,283

4,984

4,579

4,013

3,703

3,134

3,328

3,233

3,006

Cost of products sold

3,712

3,525

3,358

3,188

2,997

2,646

2,408

2,093

2,332

2,177

2,101

Selling, general and administrative expenses

1,256

1,241

1,196

1,135

1,047

943

938

873

900

834

813

Amortization of intangible assets

41

36

31

28

21

13

9

7

14

15

16

Loss on sale of product line (see Note 4)

-

-

-2

-

-

-

-

-

-

-

-

Asset impairment charges

41

62

3

-

-

-

21

13

90

-

-

Restructuring charges

14

24

8

13

16

7

2

4

4

8

21

Business separation costs

-

-

-

-

-

-

-

-

2

-

-

Operating income

698

595

682

618

496

403

323

143

-15

198

54

Related party interest expense, net

-

-

-

-

-

-

-

-

-23

-116

84

Interest expense

94

74

49

49

31

10

7

8

3

0

0

Other income, net

-29

16

1

12

-4

-1

-5

0

-1

1

1

Income before taxes

575

537

634

582

459

391

310

135

-43

83

-30

Income tax

144

147

159

169

153

118

101

26

-9

18

8

Income after tax

431

390

475

412

306

273

209

108

-

-

-

Loss from discontinued operations, net of tax

-

-0

-2

0

9

-114

21

11

-

-

-

Net income

431

389

472

413

315

159

230

119

-34

65

-38

Less: Noncontrolling interests

-0

0

0

-

0

1

1

1

1

1

0

Net income attributable to Fortune Brands

431

389

472

413

315

158

229

118

-35

63

-39

BASIC EARNINGS (LOSS) PER COMMON SHARE
Basic earnings per common share

3.09

2.69

3.10

2.67

1.92

1.68

1.26

0.67

-

-

-

Discontinuing operations

-

-

-0.02

0.01

0.05

-0.70

0.13

0.07

-

-

-

Net income attributable to Fortune Brands common shareholders

3.09

2.69

3.08

2.68

1.97

0.98

1.39

0.74

-0.23

0.41

-

DILUTED EARNINGS (LOSS) PER COMMON SHARE
Diluted earnings per common share

3.06

2.66

3.05

2.61

1.88

1.64

1.21

0.65

-

-

-

Discontinuing operations

-

-

-0.02

0.01

0.05

-0.69

0.13

0.06

-

-

-

Net income attributable to Fortune Brands common shareholders

3.06

2.66

3.03

2.62

1.93

0.95

1.34

0.71

-0.23

0.41

-

Basic average number of shares outstanding

139

144

153

154

159

161

165

160

155

155

-

Diluted average number of shares outstanding

141

146

155

157

163

166

171

166

155

155

-

Dividends declared per common share

-

-

-

-

0.58

0.50

0.42

-

-

-

-

Basic and diluted earnings (loss) per common share

-

-

-

-

-

-

-

-

-

-

-0.25

Basic and diluted average number of shares outstanding

-

-

-

-

-

-

-

-

-

-

155