| Feb'20 | Nov'19 | Aug'19 | May'19 | Feb'19 | Oct'18 | Jul'18 | Apr'18 | Jan'18 | Oct'17 | Jul'17 | Apr'17 | Jan'17 | Oct'16 | Jul'16 | Apr'16 | Jan'16 | Oct'15 | Jul'15 | Apr'15 | Feb'15 | Oct'14 | Jul'14 | Apr'14 | Oct'13 | Jul'13 | Oct'12 | Jul'12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME | |||||||||||||||||||||||||||
Net Sales | |||||||||||||||||||||||||||
1,385,000 | 1,644,000 | 1,624,000 | 1,493,000 | 1,446,000 | 1,612,000 | 1,600,000 | 1,389,000 | 1,183,000 | 1,370,000 | 1,352,000 | 1,216,000 | 480,000 | 1,275,000 | 1,283,000 | 1,781,000 | -924,000 | 1,942,000 | 1,937,000 | 1,660,000 | 794,000 | 1,914,000 | 1,880,000 | 2,094,000 | 2,297,000 | 2,237,000 | 2,146,000 | 2,059,000 |
Cost of sales | |||||||||||||||||||||||||||
840,000 | 1,004,000 | 991,000 | 908,000 | 874,000 | 983,000 | 978,000 | 837,000 | 715,000 | 828,000 | 813,000 | 732,000 | 189,000 | 763,000 | 770,000 | 1,172,000 | -883,000 | 1,294,000 | 1,289,000 | 1,101,000 | 428,000 | 1,299,000 | 1,269,000 | 1,491,000 | 1,629,000 | 1,580,000 | 1,530,000 | 1,465,000 |
Gross Profit | |||||||||||||||||||||||||||
545,000 | 640,000 | 633,000 | 585,000 | 572,000 | 629,000 | 622,000 | 552,000 | 468,000 | 542,000 | 539,000 | 484,000 | 291,000 | 512,000 | 513,000 | 609,000 | -41,000 | 648,000 | 648,000 | 559,000 | 366,000 | 615,000 | 611,000 | 603,000 | 668,000 | 657,000 | 616,000 | 594,000 |
Operating expenses: | |||||||||||||||||||||||||||
Selling, general and administrative | |||||||||||||||||||||||||||
373,000 | 405,000 | 396,000 | 392,000 | 396,000 | 391,000 | 384,000 | 372,000 | 326,000 | 336,000 | 338,000 | 334,000 | 222,000 | 329,000 | 317,000 | 401,000 | 20,000 | 391,000 | 397,000 | 376,000 | 239,000 | 390,000 | 391,000 | 426,000 | 447,000 | 444,000 | 418,000 | 408,000 |
Depreciation and amortization | |||||||||||||||||||||||||||
29,000 | 26,000 | 26,000 | 25,000 | 27,000 | 25,000 | 25,000 | 22,000 | 22,000 | 21,000 | 21,000 | 21,000 | 19,000 | 21,000 | 21,000 | 23,000 | 16,000 | 26,000 | 28,000 | 27,000 | 20,000 | 46,000 | 54,000 | 58,000 | 61,000 | 61,000 | 84,000 | 83,000 |
Restructuring and separation | |||||||||||||||||||||||||||
6,000 | 4,000 | 0 | -2,000 | 0 | 0 | 2,000 | 7,000 | - | 3,000 | - | - | -7,000 | 3,000 | 4,000 | 7,000 | - | 4,000 | - | - | 0 | 0 | 3,000 | 3,000 | - | - | - | - |
Total operating expenses | |||||||||||||||||||||||||||
408,000 | 435,000 | 422,000 | 415,000 | 423,000 | 416,000 | 411,000 | 401,000 | 351,000 | 360,000 | 359,000 | 355,000 | 234,000 | 353,000 | 342,000 | 431,000 | 40,000 | 421,000 | 425,000 | 403,000 | 259,000 | 436,000 | 448,000 | 487,000 | 508,000 | 505,000 | 502,000 | 491,000 |
Operating Income | |||||||||||||||||||||||||||
137,000 | 205,000 | 211,000 | 170,000 | 149,000 | 213,000 | 211,000 | 151,000 | 117,000 | 182,000 | 180,000 | 129,000 | 57,000 | 159,000 | 171,000 | 178,000 | -81,000 | 227,000 | 223,000 | 156,000 | 107,000 | 179,000 | 163,000 | 116,000 | 160,000 | 152,000 | 114,000 | 103,000 |
Interest expense | |||||||||||||||||||||||||||
27,000 | 27,000 | 28,000 | 28,000 | 29,000 | 32,000 | 35,000 | 34,000 | 32,000 | 36,000 | 49,000 | 49,000 | 50,000 | 65,000 | 69,000 | 85,000 | 83,000 | 99,000 | 106,000 | 106,000 | 115,000 | 115,000 | 116,000 | 116,000 | 118,000 | 145,000 | 165,000 | 158,000 |
Interest income | |||||||||||||||||||||||||||
- | - | - | - | 0 | 0 | 0 | 1,000 | - | 1,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Loss on extinguishment & modification of debt | |||||||||||||||||||||||||||
- | - | - | - | - | -69,000 | - | - | -3,000 | -78,000 | 0 | -3,000 | -5,000 | -59,000 | 0 | -115,000 | - | -100,000 | - | - | -106,000 | 0 | 0 | -2,000 | - | -46,000 | - | - |
Other (income) expense, net | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1,000 | - | 0 | 4,000 | 0 | -1,000 | - | -20,000 | - | - |
Income from Continuing Operations Before Provision for Income Taxes | |||||||||||||||||||||||||||
110,000 | 178,000 | 183,000 | 142,000 | 120,000 | 112,000 | 176,000 | 118,000 | 83,000 | 69,000 | 131,000 | 77,000 | 2,000 | 35,000 | 102,000 | -22,000 | -164,000 | 28,000 | 116,000 | 50,000 | -114,000 | 68,000 | 47,000 | -3,000 | 42,000 | -59,000 | -51,000 | -55,000 |
Provision for income taxes | |||||||||||||||||||||||||||
32,000 | 47,000 | 48,000 | 35,000 | 30,000 | 30,000 | 46,000 | 29,000 | 101,000 | 23,000 | 50,000 | 19,000 | 3,000 | 15,000 | 41,000 | -8,000 | -1,011,000 | 13,000 | 12,000 | -184,000 | -9,000 | 28,000 | 16,000 | 1,000 | -9,000 | 12,000 | 2,000 | 1,000 |
Income from Continuing Operations | |||||||||||||||||||||||||||
- | 131,000 | 135,000 | - | - | 82,000 | 130,000 | - | -18,000 | 46,000 | 81,000 | 58,000 | -1,000 | 20,000 | 61,000 | -14,000 | 847,000 | 15,000 | 104,000 | 234,000 | -105,000 | 40,000 | 31,000 | -4,000 | 51,000 | -71,000 | -53,000 | -56,000 |
Income from discontinued operations, net of tax | |||||||||||||||||||||||||||
- | 1,000 | - | - | - | - | 1,000 | - | 9,000 | 406,000 | 361,000 | 27,000 | - | 40,000 | 37,000 | - | 24,000 | 235,000 | 5,000 | 8,000 | 12,000 | 20,000 | 17,000 | -8,000 | - | -1,000 | 3,000 | - |
Net Income | |||||||||||||||||||||||||||
78,000 | 132,000 | 135,000 | 107,000 | 92,000 | 82,000 | 131,000 | 89,000 | -9,000 | 452,000 | 442,000 | 85,000 | 52,000 | 60,000 | 98,000 | -14,000 | 871,000 | 250,000 | 109,000 | 242,000 | -93,000 | 60,000 | 48,000 | -12,000 | 51,000 | -72,000 | -50,000 | -56,000 |
Other comprehensive income (loss): | |||||||||||||||||||||||||||
Foreign currency translation adjustment | |||||||||||||||||||||||||||
- | - | - | - | 0 | 0 | 1,000 | 1,000 | -1,000 | 1,000 | -3,000 | 1,000 | 0 | -1,000 | -2,000 | 4,000 | -4,000 | 18,000 | -7,000 | 5,000 | -12,000 | -3,000 | 1,000 | 1,000 | - | -3,000 | - | -3,000 |
Unrealized loss on cash flow hedge, net of tax of $8, $5, $- | |||||||||||||||||||||||||||
-1,000 | 0 | -16,000 | -5,000 | - | -4,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Comprehensive Income | |||||||||||||||||||||||||||
77,000 | 132,000 | 119,000 | 102,000 | 81,000 | 78,000 | 132,000 | 90,000 | -10,000 | 453,000 | 439,000 | 86,000 | 52,000 | 59,000 | 96,000 | -10,000 | 867,000 | 268,000 | 102,000 | 247,000 | -105,000 | 57,000 | 49,000 | -11,000 | 51,000 | -75,000 | -50,000 | -59,000 |
Weighted Average Common Shares Outstanding (thousands) | |||||||||||||||||||||||||||
Basic | |||||||||||||||||||||||||||
161,436 | 164,638 | 169,546 | 170,000 | 174,348 | 182,730 | 182,992 | 184,326 | 184,833 | 185,651 | 197,752 | 200,708 | 199,889 | 199,593 | 199,250 | 198,808 | 198,275 | 197,529 | 196,893 | 195,347 | 194,474 | 194,288 | 194,227 | 192,859 | 191,750 | 153,433 | 130,555 | - |
Diluted | |||||||||||||||||||||||||||
162,045 | 165,142 | 170,057 | 170,712 | 175,160 | 183,579 | 183,822 | 185,155 | 186,049 | 186,652 | 198,954 | 203,017 | 205,207 | 202,007 | 201,978 | 198,808 | 201,161 | 201,546 | 201,809 | 200,716 | 182,384 | 200,151 | 200,454 | 192,859 | 197,392 | 153,433 | 130,555 | - |
Basic Earnings Per Share(1): | |||||||||||||||||||||||||||
Income from Continuing Operations (in dollars per share) | |||||||||||||||||||||||||||
- | 0.80 | 0.80 | - | - | 0.45 | 0.71 | - | -0.08 | 0.25 | 0.41 | 0.29 | -0.01 | 0.10 | 0.31 | -0.07 | 4.28 | 0.08 | 0.53 | 1.20 | -0.55 | 0.21 | 0.16 | -0.02 | 0.27 | -0.46 | -0.41 | - |
Income from Discontinued Operations (in dollars per share) | |||||||||||||||||||||||||||
- | 0.01 | - | - | - | - | 0.01 | - | 0.03 | 2.19 | 1.83 | 0.13 | - | 0.20 | 0.19 | - | 0.12 | 1.19 | 0.03 | 0.04 | 0.06 | 0.10 | 0.09 | -0.04 | - | -0.01 | 0.02 | - |
Net Income | |||||||||||||||||||||||||||
0.49 | 0.80 | 0.80 | 0.63 | 0.53 | 0.45 | 0.72 | 0.48 | -0.04 | 2.43 | 2.24 | 0.42 | 0.26 | 0.30 | 0.49 | -0.07 | 4.41 | 1.27 | 0.55 | 1.24 | -0.48 | 0.31 | 0.25 | -0.06 | 0.27 | -0.47 | -0.38 | - |
Diluted Earnings Per Share(1): | |||||||||||||||||||||||||||
Income from Continuing Operations (in dollars per share) | |||||||||||||||||||||||||||
- | 0.79 | 0.79 | - | - | 0.45 | 0.71 | - | -0.09 | 0.25 | 0.41 | 0.29 | 0.00 | 0.10 | 0.30 | -0.07 | 4.20 | 0.07 | 0.52 | 1.17 | -0.53 | 0.20 | 0.15 | -0.02 | 0.26 | -0.46 | -0.41 | -0.43 |
Income from Discontinued Operations (in dollars per share) | |||||||||||||||||||||||||||
- | 0.01 | - | - | - | - | 0.01 | - | 0.03 | 2.18 | 1.81 | 0.13 | - | 0.20 | 0.18 | - | 0.12 | 1.17 | 0.02 | 0.04 | 0.07 | 0.10 | 0.08 | -0.04 | - | -0.01 | 0.02 | - |
Net Income | |||||||||||||||||||||||||||
0.49 | 0.80 | 0.79 | 0.63 | 0.53 | 0.45 | 0.71 | 0.48 | -0.05 | 2.42 | 2.22 | 0.42 | 0.25 | 0.30 | 0.49 | -0.07 | 4.32 | 1.24 | 0.54 | 1.21 | -0.46 | 0.30 | 0.24 | -0.06 | 0.26 | -0.47 | -0.38 | -0.43 |
Basic & Diluted (in shares) | |||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 130,554 |