Griffon corporation (GFF)
Income statement / Quarterly
Mar'20Dec'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'10Jun'10
Revenue

566,350

548,438

574,164

574,970

549,633

510,522

-1,431,713

516,550

478,560

437,303

430,799

358,114

383,807

352,277

20,579

462,200

500,107

494,149

-30,583

511,694

500,020

502,160

525,627

505,039

507,687

453,458

449,009

509,826

488,743

423,749

447,437

480,246

482,431

451,031

484,989

455,282

476,129

414,402

327,026

Cost of goods and services

414,318

398,517

413,928

420,487

412,129

367,476

397,164

377,868

357,181

316,524

316,270

260,130

284,938

255,533

-30,495

342,843

385,950

378,044

-67,077

388,205

385,645

384,171

400,025

386,732

397,700

347,955

342,902

401,515

383,246

326,079

349,786

364,601

379,630

348,323

379,699

356,113

374,986

326,543

252,671

Gross profit

152,032

149,921

160,236

154,483

137,504

143,046

148,341

138,682

121,379

120,779

114,529

97,984

98,869

96,744

51,074

119,357

114,157

116,105

36,494

123,489

114,375

117,989

125,602

118,307

109,987

105,503

106,107

108,311

105,497

97,670

97,651

115,645

102,801

102,708

105,290

99,169

101,143

87,859

74,355

Selling, general and administrative expenses

126,467

117,798

116,478

117,989

111,783

113,754

110,151

115,112

104,493

106,624

99,720

80,555

81,933

78,884

46,588

88,880

91,586

91,299

42,398

95,575

93,566

93,896

101,662

96,135

89,622

87,680

85,846

86,345

86,059

82,219

85,035

87,443

86,152

83,066

83,516

82,045

84,363

80,445

61,650

Restructuring and other related charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,900

-

-

-

0

-

-

4,244

358

692

842

1,214

1,604

9,336

1,108

2,894

0

0

1,795

2,820

2,118

1,212

1,393

1,489

Total operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

94,780

-

-

-

95,575

-

-

105,906

96,493

90,314

88,522

87,060

87,949

95,395

83,327

87,929

87,443

86,152

84,861

86,336

84,163

85,575

81,838

63,139

Income from operations

25,565

32,123

43,758

36,494

25,721

29,292

38,190

23,570

16,886

14,155

14,809

17,429

16,936

17,860

10,386

24,577

22,571

24,806

-5,904

27,914

20,809

24,093

19,696

21,814

19,673

16,981

19,047

20,362

10,102

14,343

9,722

28,202

16,649

17,847

18,954

15,006

15,568

6,021

11,216

Other income (expense)
Interest expense

16,871

16,211

16,732

17,288

17,517

16,529

15,595

16,328

16,806

16,839

12,819

12,679

12,720

13,295

12,489

13,039

12,392

12,023

11,841

12,169

12,012

11,754

11,263

11,661

12,389

13,134

13,074

13,279

13,060

13,107

13,007

12,932

13,005

13,063

12,735

12,569

11,319

11,223

3,760

Interest income

310

261

195

201

212

198

206

532

762

197

26

17

15

6

-68

79

44

11

-30

19

155

117

122

120

28

33

32

142

151

28

66

77

86

63

126

106

97

69

81

Loss from debt extinguishment, net

-6,690

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

-38,890

-

-

0

-

-

-

-

-

-

-

0

-26,164

-

0

Other, net

615

778

922

979

1,268

1,004

892

1,228

2,346

414

1,535

-220

-62

-140

-562

142

-385

555

-52

929

-757

-451

-1,156

2,621

783

906

1,131

607

422

486

514

-354

1,029

47

307

145

1,177

2,085

-583

Total other expense, net

-22,636

-15,172

-15,615

-16,108

-16,037

-15,327

-14,497

-14,568

-13,698

-16,228

-11,258

-12,882

-12,767

-13,429

-13,119

-12,818

-12,733

-11,457

-11,923

-11,221

-12,614

-12,088

-12,297

-8,920

-50,468

-12,195

-11,911

-12,530

-12,487

-12,593

-12,427

-13,209

-11,890

-12,953

-12,302

-12,318

-36,209

-9,069

-4,262

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

2,929

16,951

28,143

20,386

9,684

13,965

23,693

9,002

3,188

-2,073

3,551

4,547

4,169

4,431

-2,733

11,759

9,838

13,349

-17,827

16,693

8,195

12,005

7,399

12,894

-30,795

4,786

7,136

7,832

-2,385

1,750

-2,705

14,993

4,759

4,894

6,652

2,688

-20,641

-3,048

6,954

Provision from income taxes

2,034

6,339

11,892

6,258

3,194

5,212

22,662

1,560

1,237

-24,904

-786

95

2,219

-2,613

1,965

4,163

3,743

2,561

-6,635

5,800

3,073

4,534

-549

-1,570

-4,970

1,550

3,688

4,229

-1,566

1,192

-6,154

5,945

2,732

2,407

3,274

-2,184

-6,640

-1,368

1,965

Income from continuing operations

895

-

-

14,128

6,490

-

1,031

7,442

1,951

22,831

4,337

4,452

1,950

7,044

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,989

Discontinued operations:
Loss from operations of discontinued operations

0

-

-

0

-11,000

-

-4,661

-200

113,376

11,466

637

7,024

6,070

8,545

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-26

Benefit for income taxes

0

-

-

533

-3,354

-

-2,212

1,415

25,047

3,308

16,925

1,922

2,975

3,325

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5

Loss from discontinued operations

0

-

-

-533

-7,646

-

-2,449

-1,615

88,329

8,158

-16,288

5,102

3,095

5,220

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-21

Net Income (Loss) Attributable to Parent

895

10,612

16,095

13,595

-1,156

8,753

-1,418

5,827

90,280

30,989

-11,951

9,554

5,045

12,264

5,531

7,596

6,095

10,788

10,803

10,893

5,122

7,471

7,948

14,464

-25,825

3,236

425

3,603

-819

558

3,449

9,048

2,027

2,487

3,378

4,872

-14,001

-1,680

4,968

Income (loss) from continuing operations (in dollars per share)

0.02

-

-

0.34

0.16

-

0.04

0.18

0.05

0.54

0.09

0.11

0.05

0.18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.08

Income (loss) from discontinued operations (in dollars per share)

0.00

-

-

-0.01

-0.19

-

-0.03

-0.04

2.13

0.19

-0.39

0.12

0.07

0.13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

Basic earnings per common share (in dollars per share)

0.02

0.26

0.40

0.33

-0.03

0.21

0.00

0.14

2.18

0.74

-0.30

0.23

0.12

0.31

0.13

0.19

0.15

0.26

0.25

0.25

0.11

0.16

0.17

0.30

-0.53

0.06

0.01

0.07

-0.02

0.01

0.06

0.16

0.04

0.04

0.06

0.08

-0.24

-0.03

0.08

Basic weighted-average shares outstanding (in shares)

41,565

41,173

41,070

40,967

40,949

40,750

40,325

40,295

41,477

41,923

41,724

41,683

41,277

39,336

40,344

40,558

41,426

41,968

42,748

44,025

45,349

46,310

47,354

48,370

48,990

52,754

53,949

54,265

54,345

55,153

55,560

56,034

56,037

56,025

57,516

59,606

59,280

59,274

59,018

Income from continuing operations (in dollars per share)

0.02

-

-

0.33

0.15

-

0.02

0.18

0.05

0.53

0.09

0.10

0.05

0.17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.08

Income (loss) from discontinued operations (in dollars per share)

0.00

-

-

-0.01

-0.18

-

-0.04

-0.04

2.07

0.19

-0.38

0.12

0.07

0.12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

Diluted earnings per common share (in dollars per share)

0.02

0.24

0.38

0.31

-0.03

0.21

-0.01

0.14

2.11

0.72

-0.28

0.22

0.12

0.29

0.12

0.18

0.14

0.24

0.23

0.23

0.11

0.16

0.18

0.29

-0.53

0.06

0.02

0.06

-0.02

0.01

0.06

0.16

0.04

0.04

0.06

0.08

-0.24

-0.03

0.08

Diluted weighted-average shares outstanding (in shares)

43,734

43,895

43,668

43,164

42,832

41,888

41,845

41,742

42,765

43,336

43,248

43,255

43,229

42,312

43,881

43,280

43,891

45,384

44,971

46,980

47,669

48,136

44,009

49,836

48,990

54,633

58,438

56,204

54,345

57,265

57,359

57,495

57,380

57,082

56,597

60,525

59,280

59,274

60,154

Dividends paid per common share (in dollars per share)

0.07

0.07

-

0.07

0.07

0.07

-

1.07

0.07

0.07

-

0.06

0.06

0.06

-

0.05

0.05

0.05

-

0.04

0.04

0.04

-

0.03

0.03

0.03

-

0.02

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

895

10,612

16,095

13,595

-1,156

8,753

-1,418

5,827

90,280

30,989

-11,951

9,554

5,045

12,264

5,531

7,596

6,095

10,788

10,803

10,893

5,122

7,471

7,948

14,464

-25,825

3,236

425

3,603

-819

558

3,449

9,048

2,027

2,487

3,378

4,872

-14,001

-1,680

4,968

Other comprehensive income (loss), net of taxes:
Foreign currency translation adjustments

-16,471

6,470

-4,517

-1,092

2,885

-5,736

114

-9,136

19,714

-1,289

9,323

6,414

8,409

-13,479

6,154

796

13,683

-3,349

-15,275

4,801

-30,384

-15,500

-24,829

2,809

1,224

-3,137

7,715

-7,884

-5,924

3,003

6,719

-18,527

9,620

-4,566

-

-

-

-

-

Pension and other post retirement plans

-669

-672

23,607

-184

-184

-184

-6,328

-247

-247

-9,559

-7,571

-544

-544

-544

6,809

-386

-386

-386

5,385

-353

-353

-353

5,646

-317

-1,099

-316

24,149

-490

-489

-3,860

-6,645

523

523

518

-

-

-

-

-

Change in cash flow hedges

968

-301

-75

-127

-189

102

-27

84

440

88

89

198

-1,020

1,623

-309

1,287

-1,649

-1,015

375

209

-80

-74

252

0

0

0

-

-158

171

-

-

-

-

-

-

-

-

-

-

Change in available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

92

-962

870

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Comprehensive Income (Loss), Net of Tax

-14,834

6,841

-28,199

-1,035

2,880

-5,450

6,415

-8,805

20,401

8,358

16,983

7,156

7,933

-11,312

-964

2,469

12,420

-3,978

-20,285

5,363

-30,019

-16,183

-29,353

3,126

2,323

-2,821

22,173

-7,552

-5,264

6,863

74

-18,004

10,143

-4,048

-

-

-

-

-

Comprehensive income (loss), net

-13,939

17,453

-12,104

12,560

1,724

3,303

4,997

-2,978

110,681

39,347

5,032

16,710

12,978

952

4,567

10,065

18,515

6,810

-9,482

16,256

-24,897

-8,712

-21,405

17,590

-23,502

415

22,598

-3,949

-6,083

7,421

3,523

-8,956

12,170

-1,561

-

-

-

-

-