| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Net sales | ||||||
1,529 | 1,479 | 1,580 | 1,363 | |||
Cost of goods sold | ||||||
1,233 | 1,234 | 1,327 | 1,083 | |||
Gross profit | ||||||
296 | 245 | 253 | 280 | |||
Selling, general & administrative expenses | ||||||
221 | 209 | 255 | 216 | |||
Impairment and exit charges | ||||||
3 | 4 | 13 | 2 | |||
Gain (loss) on sale of property, plant, and equipment, net | ||||||
- | - | - | -21 | |||
Other operating income, net | ||||||
1 | 9 | 5 | 10 | |||
Operating expenses, including earnings from equity method investments | ||||||
224 | 204 | 263 | 217 | |||
Income (loss) from operations | ||||||
72 | 40 | -9 | 63 | |||
Other income (expense) | ||||||
Interest expense | ||||||
94 | 78 | 59 | 125 | |||
Loss on extinguishment of debt | ||||||
1 | 0 | 0 | - | |||
Earnings from equity method investee | ||||||
10 | 10 | 12 | 11 | |||
Change in tax receivable agreement liability | ||||||
0 | 0 | 46 | 0 | |||
Other income (expense), net | ||||||
0 | 6 | -31 | -0 | |||
Loss before income taxes | ||||||
-10 | -21 | -42 | -62 | |||
Income tax (expense) benefit | ||||||
-3 | 3 | -40 | -51 | |||
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ||||||
- | - | - | -11 | |||
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ||||||
- | - | - | 3 | |||
Net loss | ||||||
-7 | -24 | -2 | -7 | |||
Basic and Diluted earnings (loss) per share: | ||||||
Continuing operations (in usd per share) | ||||||
- | - | - | -0.23 | |||
Discontinued operations (in usd per share) | ||||||
- | - | - | 0.07 | |||
Basic and diluted (in shares) | ||||||
-0.11 | -0.38 | -0.03 | -0.16 | |||
Weighted average common shares outstanding: | ||||||
Basic and diluted (in dollars per share) | ||||||
64 | 63 | 63 | 49 | |||