FMC CORPORATION FMC Income Statement

Fmc corporation (FMC)

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	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenue
1,250,000	1,197,300	1,014,300	1,206,100	1,192,100	1,219,200	923,600	1,154,400	1,107,900	632,200	646,200	656,800	596,000	688,400	628,800	615,300	606,400	113,800	830,700	887,100	659,400	887,800	819,100	794,900	756,900	386,600	957,400	876,000	910,700	742,100	821,900	905,200	940,700	567,000	862,100	812,200	795,000	810,500	772,500	776,800	756,500	722,100	713,300	700,300	690,500	820,800	806,600
Costs and Expenses
Costs of sales and services
688,500	641,300	581,900	655,600	647,400	607,700	528,400	664,000	605,400	396,900	380,300	422,400	379,800	423,200	414,200	379,900	390,400	90,200	610,400	581,300	408,700	569,500	535,600	478,800	463,900	171,200	653,000	548,500	557,100	456,900	523,900	567,400	593,400	340,700	574,700	513,400	506,900	546,100	517,800	512,200	489,500	502,400	510,000	477,300	453,900	580,800	536,400
Gross margin
561,500	556,000	432,400	550,500	544,700	541,900	395,200	490,400	502,500	235,300	265,900	234,400	216,200	265,200	214,600	235,400	216,000	23,600	220,300	305,800	250,700	318,300	283,500	316,100	293,000	215,400	304,400	327,500	353,600	285,200	298,000	337,800	347,300	226,300	287,400	298,800	288,100	-	254,700	264,600	-	-	-	-	-	-	-
Selling, general and administrative expenses
189,400	223,800	188,300	196,900	183,900	202,600	194,600	200,300	192,500	182,400	154,500	130,500	114,300	114,500	99,900	110,600	110,100	69,800	137,000	156,000	297,900	214,900	140,700	119,600	114,600	122,000	124,900	127,300	121,900	113,600	118,700	128,300	129,100	80,400	110,600	108,900	105,900	124,800	99,900	95,600	90,900	87,700	79,800	74,700	80,100	81,900	90,000
Research and development expenses
67,300	76,400	77,400	73,100	71,200	76,800	70,100	75,900	64,900	48,000	30,200	32,000	28,200	36,500	30,600	33,200	34,200	33,100	37,200	39,000	26,600	37,800	30,200	32,500	25,800	30,900	29,000	27,700	28,000	27,000	28,100	28,400	28,500	25,600	27,800	25,000	22,700	30,700	24,000	22,300	23,500	28,600	23,200	21,000	20,000	23,400	23,000
Restructuring and other charges (income)
13,400	143,700	6,800	12,700	7,800	34,800	25,400	80,900	-79,900	50,900	7,100	6,900	8,300	62,300	14,100	9,100	9,500	72,100	45,600	10,300	22,300	11,500	35,600	2,600	6,700	3,200	32,100	5,900	9,300	14,700	5,500	5,600	1,700	-20,900	13,400	9,300	4,500	116,200	3,700	15,300	16,700	47,900	32,300	30,100	22,500	15,600	10,700
Business separation costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6,800	13,800	3,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total costs and expenses
958,600	1,085,200	854,400	938,300	910,300	921,900	818,500	1,021,100	782,900	678,200	572,100	591,800	530,600	636,500	558,800	532,800	544,200	265,200	830,200	786,600	755,500	833,700	748,900	647,300	614,000	327,300	839,000	709,400	716,300	612,200	676,200	729,700	752,700	425,800	726,500	656,600	640,000	817,800	645,400	645,400	620,600	666,600	645,300	603,100	576,500	701,700	660,100
Income from continuing operations before non-operating pension and postretirement charges (income), interest expense, net and income taxes
291,400	112,100	159,900	267,800	281,800	197,900	105,100	133,300	325,000	-46,000	74,100	65,000	65,400	51,900	70,000	82,500	62,200	-151,400	500	100,500	-96,100	54,100	70,200	147,600	142,900	59,300	118,400	166,600	194,400	129,900	145,700	175,500	188,000	141,200	135,600	155,600	155,000	-7,300	127,100	131,400	135,900	55,500	68,000	97,200	114,000	119,100	146,500
Equity in (earnings) loss of affiliates
-	-	0	0	-	0	0	0	100	-100	0	100	100	100	400	0	0	0	0	100	-100	0	-100	0	300	1,300	-100	-100	-300	-300	-200	-300	100	-2,300	500	1,700	900	800	1,000	0	900	-100	900	-200	1,700	2,300	300
Non-operating pension and postretirement charges (income)
2,200	-	-1,200	3,300	3,400	-	-1,200	200	500	-	-3,600	-4,100	-4,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net
-40,800	-	-41,600	-39,500	-34,500	-	-33,400	-34,400	-33,900	-	-18,400	-17,200	-15,700	-	-15,400	-15,200	-15,800	-	-20,200	-24,700	-14,000	-	-12,800	-13,200	-11,600	-	-9,800	-11,100	-10,500	-	-9,800	-11,500	-11,300	-	-9,100	-10,500	-9,900	-	-9,600	-9,400	10,000	-	6,200	6,500	7,000	7,500	8,300
Income (loss) from continuing operations before income taxes
248,400	66,600	119,500	225,000	243,900	146,100	72,900	98,700	290,700	-69,900	59,300	52,000	54,400	12,100	55,000	67,300	46,400	-153,400	-19,700	75,900	-110,200	40,500	57,300	134,400	131,600	55,700	108,500	155,400	183,600	121,500	135,700	163,700	176,800	133,400	127,000	146,800	146,000	-16,800	118,500	122,000	126,800	48,100	62,700	90,500	108,700	113,900	138,500
Provision (benefit) for income taxes
34,700	35,900	8,700	30,600	36,300	-10,600	22,000	-1,100	60,500	227,800	-11,600	3,300	9,400	2,700	6,500	20,500	20,400	61,600	-25,100	17,800	-49,100	-18,400	3,600	36,400	34,600	18,500	32,000	35,700	45,400	14,500	29,900	45,300	44,800	36,800	29,800	25,700	40,600	25,200	32,300	33,800	40,700	-21,200	27,200	13,600	33,400	23,300	42,500
Income (loss) from continuing operations
213,700	30,700	110,800	194,400	207,600	173,800	50,900	99,800	230,200	-297,700	70,900	48,700	45,000	9,400	48,500	46,800	26,000	-215,000	5,400	58,100	-61,100	58,900	53,700	98,000	97,000	37,200	76,500	119,700	138,200	107,000	105,800	118,400	132,000	96,600	97,200	121,100	105,400	-42,000	86,200	88,200	86,100	69,300	35,500	76,900	75,300	90,600	96,000
Discontinued operations, net of income taxes
-7,500	-33,500	-21,300	-18,100	9,600	-139,200	23,900	32,700	39,400	828,800	-15,100	26,600	-168,800	7,000	31,100	20,200	22,700	12,300	-5,000	688,200	15,600	24,600	4,700	13,400	-28,200	-5,300	-56,600	1,500	-3,200	-800	-11,200	-8,100	-7,400	-14,900	-6,300	-8,900	-8,000	-8,300	-300	-19,300	-5,700	-33,900	6,100	5,200	4,400	5,900	7,800
Discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,000	688,200	15,600	-	6,400	15,300	-26,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
206,200	-2,800	89,500	176,300	217,200	34,600	74,800	132,500	269,600	531,100	55,800	75,300	-123,800	16,400	79,600	67,000	48,700	-202,700	400	746,300	-45,500	78,300	60,100	113,300	70,400	31,900	19,900	121,200	135,000	106,200	94,600	110,300	124,600	81,700	90,900	112,200	97,400	-50,300	85,900	68,900	80,400	66,800	29,400	71,700	70,900	84,700	88,200
Less: Net income (loss) attributable to noncontrolling interests
0	400	-900	1,800	1,500	2,200	2,000	2,800	2,400	1,000	600	600	400	500	-100	1,800	400	1,400	2,800	4,000	1,300	1,800	3,800	4,200	4,800	4,800	2,000	3,200	4,100	4,000	4,600	5,400	5,500	3,800	4,100	5,000	3,400	3,200	3,000	3,200	3,000	4,700	1,400	2,400	1,800	4,700	3,800
Net income (loss) attributable to FMC stockholders
206,200	-3,200	90,400	174,500	215,700	32,400	72,800	129,700	267,200	530,100	55,200	74,700	-124,200	15,900	79,700	65,200	48,300	-204,100	-2,400	742,300	-46,800	76,500	56,300	109,100	65,600	27,100	17,900	118,000	130,900	102,200	90,000	104,900	119,100	77,900	86,800	107,200	94,000	-53,500	82,900	65,700	77,400	62,100	28,000	69,300	69,100	80,000	-
Amounts attributable to FMC stockholders:
Continuing operations, net of income taxes
213,700	30,300	111,700	192,600	206,100	171,600	48,900	97,000	227,800	-298,800	70,400	48,200	44,500	8,900	48,900	45,000	25,600	-216,300	2,600	54,100	-62,400	57,100	51,600	95,700	93,800	40,000	74,500	116,500	134,100	103,000	101,200	113,000	126,500	92,800	93,100	116,100	102,000	-45,200	83,200	85,000	83,100	64,600	34,100	74,500	73,500	85,900	92,200
Discontinued operations, net of income taxes
-7,500	-33,500	-21,300	-18,100	9,600	-139,200	23,900	32,700	39,400	828,800	-15,100	26,600	-168,800	7,000	31,100	20,200	22,700	12,300	-5,000	688,200	15,600	-	4,700	13,400	-28,200	-5,300	-56,600	1,500	-3,200	-800	-11,200	-8,100	-7,400	-14,900	-6,300	-8,900	-8,000	-8,300	-300	-19,300	-5,700	-33,900	6,100	5,200	4,400	5,900	7,800
Net income (loss) attributable to FMC stockholders
206,200	-3,200	90,400	174,500	215,700	32,400	72,800	129,700	267,200	530,100	55,200	74,700	-124,200	15,900	79,700	65,200	48,300	-204,100	-2,400	742,300	-46,800	76,500	56,300	109,100	65,600	27,100	17,900	118,000	130,900	102,200	90,000	104,900	119,100	77,900	86,800	107,200	94,000	-53,500	82,900	65,700	77,400	62,100	28,000	69,300	69,100	80,000	84,400
Earnings Per Share [Abstract]
Basic earnings (loss) per common share attributable to FMC stockholders:
Continuing operations (in USD per share)
1.65	0.23	0.85	1.46	1.56	1.28	0.36	0.72	1.69	-2.22	0.52	0.36	0.33	0.07	0.36	0.34	0.19	-1.61	0.02	0.40	-0.47	0.42	0.39	0.72	0.70	0.32	0.55	0.85	0.97	0.75	0.73	0.82	0.91	-0.05	0.65	0.81	1.42	-2.03	1.14	1.17	1.14	0.90	0.47	1.02	1.01	1.15	1.23
Discontinued operations (in USD per share)
-0.06	-0.25	-0.16	-0.14	0.07	-1.04	0.18	0.24	0.29	6.17	-0.11	0.20	-1.26	0.05	0.23	0.15	0.17	0.10	-0.04	5.14	0.12	0.15	0.03	0.10	-0.21	-0.10	-0.42	0.01	-0.02	-0.01	-0.08	-0.06	-0.05	-0.05	-0.04	-0.06	-0.11	0.12	0.00	-0.27	-0.08	-0.04	-0.08	-0.07	-0.06	-0.08	-0.10
Net income (loss) attributable to FMC stockholders (in USD per share)
1.59	-0.02	0.69	1.32	1.63	0.24	0.54	0.96	1.98	3.95	0.41	0.56	-0.93	0.12	0.59	0.49	0.36	-1.51	-0.02	5.54	-0.35	0.57	0.42	0.82	0.49	0.22	0.13	0.86	0.95	0.74	0.65	0.76	0.86	-0.10	0.61	0.75	1.31	-1.91	1.14	0.90	1.06	0.86	0.39	0.95	0.95	1.07	1.13
Diluted earnings (loss) per common share attributable to FMC stockholders:
Continuing operations (in USD per share)
1.64	0.23	0.85	1.46	1.55	1.27	0.36	0.72	1.67	-2.22	0.52	0.36	0.33	0.07	0.36	0.34	0.19	-1.61	0.02	0.40	-0.47	0.42	0.39	0.71	0.70	0.32	0.55	0.85	0.96	0.75	0.73	0.82	0.90	-0.05	0.65	0.80	1.41	-2.03	1.14	1.16	1.14	0.90	0.46	1.01	1.00	1.13	1.20
Discontinued operations (in USD per share)
-0.06	-0.25	-0.16	-0.14	0.07	-1.03	0.18	0.24	0.29	6.16	-0.11	0.20	-1.25	0.05	0.23	0.15	0.17	0.12	-0.04	5.12	0.12	0.15	0.03	0.10	-0.21	-0.09	-0.42	0.01	-0.02	-0.01	-0.08	-0.06	-0.05	-0.05	-0.04	-0.06	-0.11	0.12	-0.01	-0.26	-0.08	-0.04	-0.08	-0.07	-0.06	-0.08	-0.10
Net income (loss) attributable to FMC stockholders (in USD per share)
1.58	-0.02	0.69	1.32	1.62	0.24	0.54	0.96	1.96	3.94	0.41	0.56	-0.92	0.12	0.59	0.49	0.36	-1.49	-0.02	5.52	-0.35	0.57	0.42	0.81	0.49	0.23	0.13	0.86	0.94	0.74	0.65	0.76	0.85	-0.10	0.61	0.74	1.30	-1.91	1.13	0.90	1.06	0.86	0.38	0.94	0.94	1.05	1.10