P. h. glatfelter company (GLT)
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'11Sep'10Jun'10
Net sales

231,560

230,940

232,500

235,100

229,133

229,479

209,900

215,700

211,207

-188,794

210,120

388,323

390,713

-452,716

405,301

406,413

402,218

412,852

419,960

410,803

417,469

436,261

465,092

445,341

455,721

434,811

456,648

425,967

405,189

391,389

404,354

384,693

397,352

391,905

416,493

397,985

396,771

379,097

362,781

Costs of products sold

194,685

194,484

194,500

197,600

193,516

198,853

180,000

182,400

174,647

-210,746

172,745

358,588

336,213

-426,742

345,477

365,691

345,041

356,464

361,205

378,685

367,429

379,112

385,439

404,694

405,943

380,837

391,805

385,551

348,915

340,422

347,029

345,445

338,243

339,752

364,417

362,545

339,591

326,669

329,236

Gross profit

36,875

36,383

38,000

37,500

35,617

30,640

29,900

33,300

36,560

20,861

37,375

29,735

55,629

-29,987

61,170

42,723

57,843

58,116

59,908

32,833

52,108

58,164

80,513

41,437

55,040

54,406

66,039

40,840

57,375

52,609

59,192

40,878

60,970

53,610

54,916

37,500

60,167

55,740

35,460

Selling, general and administrative expenses

24,594

23,878

23,700

22,800

24,622

29,769

25,800

26,200

29,931

16,995

27,083

31,545

34,877

48,357

35,747

37,191

31,858

27,505

39,792

29,137

31,272

29,484

37,886

32,314

33,551

31,372

34,480

34,528

33,487

32,130

29,380

30,113

29,967

30,351

31,430

31,320

31,770

27,782

28,847

Gains on dispositions of plant, equipment and timberlands, net

-

831

200

400

669

1,384

200

600

1,116

81

93

58

-32

-85

-5

-2

-24

18,225

123

111

2,654

980

1,590

1,482

809

1,352

282

19

73

1,344

1,473

6,961

37

48

698

29

3,175

150

168

Operating income

12,281

13,336

14,500

15,100

11,664

2,155

4,300

7,700

7,745

3,947

10,385

-1,752

20,720

-78,429

25,418

5,530

25,961

48,836

20,239

3,807

23,490

29,660

44,217

10,605

22,298

24,386

31,841

6,331

23,961

21,823

31,285

17,726

31,040

23,307

24,184

6,209

31,572

28,108

6,781

Non-operating income (expense)
Interest expense

1,778

1,895

1,902

1,865

4,746

4,372

3,965

3,822

3,450

1,509

3,324

4,476

4,008

1,886

3,895

3,953

4,116

4,287

4,317

4,352

4,508

4,676

4,671

4,762

4,812

4,822

4,788

4,514

3,841

6,114

4,152

4,159

4,269

12,417

6,456

6,461

6,460

6,565

6,817

Interest income

264

192

185

241

505

332

147

26

54

28

51

45

113

2

52

61

91

51

90

77

65

16

30

52

61

70

92

46

102

128

106

103

123

175

134

150

207

232

168

Other, net

-753

-930

-1,034

-1,551

-962

-748

2,253

-799

-323

-1,228

-387

98

812

-6,462

-573

317

-700

-423

-220

215

-187

-740

-167

61

211

-51

-34

175

247

-4,994

-4

103

196

-2,894

-137

-275

7

-251

366

Total non-operating expense

-2,267

-77,897

-2,800

-3,200

-5,203

-4,781

-1,600

-4,600

-3,719

-2,724

-3,660

-4,333

-3,083

-8,346

-4,416

-3,575

-4,725

-4,659

-4,447

-4,060

-4,630

-5,400

-4,808

-4,649

-4,540

-4,803

-4,730

-4,293

-3,492

-10,980

-4,050

-3,953

-3,950

-15,136

-6,459

-6,586

-6,246

-6,584

-6,283

Income from continuing operations before income taxes

10,014

-64,661

11,800

11,900

6,461

-2,626

2,800

3,100

4,026

1,223

6,725

-6,085

17,637

-86,775

21,002

1,955

21,236

44,177

15,792

-253

18,860

24,260

39,409

5,956

17,758

19,583

27,111

2,038

20,469

10,843

27,235

13,773

27,090

8,171

17,725

-377

25,326

21,524

498

Income tax provision

2,600

-19,896

3,141

5,655

1,858

686

3,462

1,813

1,762

17,736

1,680

-371

6,034

-34,864

1,401

-10

5,068

9,879

2,288

-3,101

4,935

4,703

9,037

1,287

3,110

3,106

-7,008

1,105

4,840

3,873

7,136

341

8,212

-1,570

4,699

-2,878

7,900

-17,913

395

Income from continuing operations

7,406

-44,750

8,643

6,293

4,603

-3,287

-705

1,280

2,264

-

5,045

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations:
Income before income taxes

-

-7

1,062

-485

714

-78,528

-114,656

-18,517

4,459

-

9,661

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax provision

-

125

-2,519

-23

31

-1,725

-19,530

-9,838

1,007

-

2,601

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-132

3,581

-462

683

-76,803

-95,126

-8,679

3,452

-

7,060

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

7,406

-44,882

12,224

5,831

5,286

-80,090

-95,831

-7,399

5,716

-10,080

12,105

-5,714

11,603

-16,180

19,601

1,965

16,168

34,298

13,504

2,848

13,925

19,557

30,372

4,669

14,648

16,477

34,119

933

15,629

6,970

20,099

13,432

18,878

9,741

13,026

2,501

17,426

39,437

103

Basic earnings per share
Income from continuing operations

0.17

-1.00

0.19

0.14

0.10

-0.07

-0.02

0.03

0.05

-

0.12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-0.02

0.09

-0.01

0.02

-1.76

-2.17

-0.20

0.08

-

0.16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic earnings per share

0.17

-1.02

0.28

0.13

0.12

-1.83

-2.19

-0.17

0.13

-0.24

0.28

-0.13

0.27

-0.38

0.45

0.05

0.37

0.79

0.31

0.07

0.32

0.44

0.71

0.11

0.34

0.39

0.79

0.02

0.36

0.17

0.47

0.31

0.44

0.22

0.29

0.05

0.38

0.86

0.00

Diluted earnings per share
Income from continuing operations

0.17

-1.00

0.19

0.14

0.10

-0.07

-0.02

0.03

0.05

-

0.11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-0.02

0.09

-0.01

0.02

-1.76

-2.17

-0.20

0.08

-

0.16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted earnings per share

0.17

-1.02

0.28

0.13

0.12

-1.83

-2.19

-0.17

0.13

-0.22

0.27

-0.13

0.26

-0.36

0.44

0.04

0.37

0.78

0.31

0.06

0.32

0.44

0.69

0.11

0.33

0.37

0.77

0.02

0.36

0.16

0.46

0.31

0.43

0.22

0.28

0.05

0.38

0.85

0.00

Cash dividends declared per common share

0.13

-

0.13

0.13

0.13

-

0.13

0.13

0.13

-

0.13

0.13

0.13

-

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.11

0.11

0.11

0.11

0.10

0.10

0.10

0.10

0.09

0.09

0.09

0.09

0.09

0.09

0.09

0.09

0.09

0.09

Weighted average shares outstanding
Basic

44,275

44,190

44,171

44,140

44,027

43,810

43,792

43,770

43,700

43,632

43,617

43,604

43,583

43,577

43,576

43,558

43,521

43,502

43,457

43,377

43,252

43,102

43,049

43,287

43,366

43,281

43,251

43,134

42,966

42,962

42,837

42,854

42,751

43,463

45,299

46,080

46,070

45,950

45,908

Diluted

44,530

43,425

44,442

44,382

44,279

42,226

43,792

44,487

44,567

45,477

44,182

43,604

44,493

44,450

44,133

44,062

43,871

43,922

43,865

44,032

43,949

43,927

43,841

44,136

44,360

44,745

44,328

44,202

43,921

43,996

43,667

43,558

43,467

44,294

45,839

46,633

46,410

46,286

46,313

Product [Member]
Total revenues

-

-

-

-

-

-

-

-

-

-

-

387,342

391,842

-

406,647

408,414

402,884

414,580

421,113

411,518

419,537

437,276

465,952

446,131

460,983

435,243

457,844

426,391

406,290

393,031

406,221

386,323

399,213

393,362

419,333

400,045

399,758

382,409

364,696

Energy and Related Sales Net [Member]
Total revenues

-

-

-

-

-

-

-

-

-

-

-

981

1,129

-

1,346

2,001

666

1,728

1,153

715

2,068

1,015

860

790

5,262

432

1,196

424

1,101

1,642

1,867

1,630

1,861

1,457

2,840

2,060

2,987

3,312

1,915