Foundation building materials, inc. (FBM)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15
Net sales

2,163,916

2,154,530

2,155,848

2,133,215

2,095,523

2,044,312

1,841,689

1,767,307

1,774,318

1,790,114

1,938,772

1,886,444

1,627,361

1,392,509

1,122,854

0

0

0

Cost of goods sold

1,498,109

1,497,921

1,503,938

1,499,063

1,486,641

1,453,953

1,310,085

1,253,857

1,257,603

1,267,925

1,381,189

1,351,776

1,162,890

995,704

809,100

0

0

0

Gross profit

665,807

656,609

651,910

634,152

608,882

590,359

531,604

513,450

516,715

522,189

557,583

534,668

464,471

396,805

313,754

0

0

0

Operating expenses:
Selling, general and administrative expenses

493,732

487,865

480,310

469,682

457,100

444,527

399,030

388,010

391,459

399,864

439,012

432,715

385,138

328,847

266,418

0

0

0

Depreciation and amortization

79,321

80,444

81,411

80,964

79,364

77,419

72,123

70,586

70,862

70,861

73,430

68,907

60,161

51,378

40,775

0

0

0

Total operating expenses

573,053

568,309

561,721

550,646

536,464

521,946

471,153

458,596

462,321

470,725

512,442

501,622

445,299

380,225

307,193

0

0

0

Income from operations

92,754

88,300

90,189

83,506

72,418

68,413

60,451

54,854

54,394

51,464

45,141

33,046

19,172

16,580

6,561

0

0

0

Loss on extinguishment of debt

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Interest expense

32,965

33,788

36,270

39,728

46,720

53,283

58,860

61,338

60,881

61,011

60,488

66,122

59,724

52,511

44,246

0

0

0

Gain on legal settlement

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (expense) income, net

-620

443

1,167

1,248

1,265

1,298

68,206

68,239

68,273

81,488

6,144

6,198

6,107

-7,172

102

0

0

0

Income before income taxes

67,725

54,955

55,086

-13,449

-31,512

-42,047

11,322

61,755

61,786

71,941

-9,203

-26,878

-34,445

-43,103

-37,583

0

0

0

Income tax expense

16,427

13,127

20,871

2,552

-2,230

-5,628

-22,929

-10,171

-9,927

-5,965

-5,710

-7,918

-11,265

-14,733

-10,091

0

0

0

Net income from continuing operations

51,376

41,828

34,183

-16,079

-29,327

-36,419

0

0

0

-

0

-

-

-

-

-

-

-

Income from discontinued operations, net of tax

-

-

2,613

5,385

-

10,523

9,187

0

0

-

0

-

-

-

-

-

-

-

Loss on sale of discontinued operations, net of tax

-243

-1,589

12,312

12,323

12,367

13,713

0

0

0

-

-

-

-

-

-

-

-

-

Net income

51,133

40,239

49,108

1,629

-7,648

-12,183

45,458

81,638

77,498

82,480

-2,216

-18,960

-23,180

-28,370

-27,492

0

0

0

Earnings Per Share, Basic and Diluted [Abstract]
Earnings from continuing operations per share - basic

0.33

0.22

0.30

0.34

0.11

0.05

-0.88

0.03

-0.05

-

0.00

-

-

-

-

-

-

-

Earnings from continuing operations per share - diluted

0.33

0.22

0.30

0.34

0.11

0.05

-0.88

0.03

-0.05

-

0.00

-

-

-

-

-

-

-

Loss from discontinued operations per share - basic (in dollars per share)

0.00

0.00

0.00

0.00

-0.03

0.37

0.07

0.10

0.03

-

0.03

-

-

-

-

-

-

-

Loss from discontinued operations per share - diluted (in dollars per share)

0.00

-0.01

0.00

0.00

-0.03

0.37

0.07

0.10

0.03

-

0.03

-

-

-

-

-

-

-

Earnings per share - basic (in dollars per share)

0.33

0.22

0.30

0.34

0.08

0.42

-0.81

0.13

-0.02

1.82

0.03

0.03

0.11

-

-0.51

-0.10

-0.04

-

Earnings per share - diluted (in dollars per share)

0.33

0.21

0.30

0.34

0.08

0.42

-0.81

0.13

-0.02

1.82

0.03

0.03

0.11

-

-0.51

-0.10

-0.04

-

Weighted average shares outstanding:
Basic (in shares)

43,045

42,991

42,988

42,987

42,932

42,903

42,894

42,893

42,879

165,822,980

42,865

42,865

37,273

119,807,033

29,974

29,974

29,974

29,974,239

Diluted (in shares)

43,542

43,531

43,508

43,245

42,944

42,952

42,917

42,910

42,879

165,839,589

42,870

42,879

37,273

119,807,033

29,974

29,974

29,974

29,974,239

Comprehensive income:
Net income

51,133

40,239

49,108

1,629

-7,648

-12,183

45,458

81,638

77,498

82,480

0

0

0

-

-

-

-

0

Foreign currency translation adjustment

-4,680

3,933

-1,910

555

-3,007

-6,948

-3,089

-1,533

2,383

5,327

0

0

0

-

0

0

-

0

Unrealized loss on derivatives, net of taxes of $0.2 million and $1.3 million, respectively

-3,219

-6,216

-2,862

-4,626

-246

4,413

916

689

-1,346

-2,970

-2,325

-678

0

-

0

0

-

0

Total other comprehensive loss

-7,899

-2,283

-4,772

-4,071

-3,253

-2,535

-2,173

-844

1,037

2,357

0

0

0

-

0

0

-

0

Total comprehensive income

43,234

37,956

44,336

-2,442

-10,901

-14,718

43,285

80,794

78,535

84,837

0

0

0

-

0

0

-

0