Hexcel Corporation HXL Income Statement

Hexcel corporation (HXL)

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	Sep'09	Jun'09
Net sales
541,000	564,300	572,500	609,000	609,900	561,000	540,500	547,500	540,100	511,700	491,500	491,300	478,800	483,500	500,500	522,600	497,700	464,900	448,800	475,700	471,800	471,800	451,900	470,100	461,700	426,800	412,300	422,600	416,500	387,300	391,600	399,200	400,100	355,300	351,800	353,700	331,600	311,000	294,500	305,100	263,000	257,100	277,300
Cost of sales
400,100	417,800	414,600	440,200	442,700	410,600	397,500	402,700	397,500	369,500	355,900	351,400	344,700	347,900	364,800	372,300	354,700	337,100	324,700	336,600	330,000	343,300	329,900	341,000	332,500	313,700	300,200	305,800	304,500	291,700	292,400	293,700	293,700	269,700	265,300	266,700	248,600	243,400	224,000	226,700	196,900	205,000	214,200
Gross margin
140,900	146,500	157,900	168,800	167,200	150,400	143,000	144,800	142,600	142,200	135,600	139,900	134,100	135,600	135,700	150,300	143,000	127,800	124,100	139,100	141,800	128,500	122,000	129,100	129,200	113,100	112,100	116,800	112,000	95,600	99,200	105,500	106,400	85,600	86,500	87,000	83,000	67,600	70,500	78,400	66,100	52,100	63,100
Selling, general and administrative expenses
46,500	35,900	33,800	39,500	49,500	31,700	32,600	35,300	46,400	36,100	34,700	38,100	42,900	36,500	35,100	38,600	47,400	35,800	35,500	38,100	46,700	38,100	32,900	37,100	41,000	35,700	32,900	34,800	38,000	31,300	30,300	32,500	36,600	28,000	29,900	29,700	32,900	28,800	28,700	29,600	31,400	25,800	25,300
Research and technology expenses
14,000	13,200	14,200	14,200	14,900	15,200	13,900	13,000	13,800	12,900	11,800	12,100	12,600	12,100	11,500	11,600	11,700	10,800	10,600	10,400	12,500	13,300	10,100	10,900	13,600	10,400	10,200	10,100	11,000	10,000	8,900	8,600	9,200	8,200	7,900	7,900	8,600	7,800	7,300	8,300	7,400	8,400	6,400
Other expense (income), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,500	-	0	-2,700	0	5,700	-	-	0	3,500	-1,700	1,700
Other operating expense
-14,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
65,700	97,400	109,900	115,100	102,800	95,800	96,500	96,500	82,400	93,200	89,100	89,700	78,600	87,000	89,100	100,100	83,900	81,200	78,000	90,600	82,600	77,100	79,000	75,100	74,600	67,000	69,000	71,900	63,000	54,300	60,000	73,900	60,600	49,400	46,000	49,400	47,200	31,000	34,500	40,500	23,800	19,600	29,700
Interest expense, net
12,000	10,600	11,000	11,900	12,000	10,400	10,600	8,700	8,000	7,400	7,000	6,800	6,200	5,300	5,500	5,700	5,600	5,200	4,600	2,500	1,900	2,100	2,100	2,000	1,800	1,600	1,900	2,100	1,700	1,800	2,200	3,000	3,000	2,300	2,200	2,900	4,200	14,800	-5,300	7,100	6,600	6,900	7,500
Non-operating expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-400	-	-	-	-	-	-	-500	-	-	-	-	-1,000	-	-	-	-1,100	-	0	0	0	-4,900	-	-6,800	-	-	-	-
Income before income taxes, and equity in earnings from affiliated companies
53,700	86,800	98,900	103,200	90,800	85,400	85,900	87,800	74,400	85,800	82,100	82,900	72,400	81,700	83,600	94,000	78,300	76,000	73,400	88,100	80,700	75,000	76,400	73,100	72,800	65,400	67,100	68,800	61,300	52,500	57,800	69,800	57,600	47,100	43,800	46,500	38,100	26,800	22,400	33,400	17,200	12,700	22,200
Provision for income taxes
11,800	14,400	18,200	23,600	20,600	20,600	7,800	20,000	14,100	-1,800	13,600	22,100	8,600	22,800	16,100	28,700	22,700	22,400	20,700	27,000	12,900	22,400	21,200	22,900	22,800	18,800	18,700	20,600	17,900	15,600	18,000	22,100	18,400	8,100	12,000	9,300	12,200	4,000	6,800	10,600	1,500	2,500	5,700
Income before equity in earnings from affiliated companies
41,900	72,400	80,700	79,600	70,200	64,800	78,100	67,800	60,300	87,600	68,500	60,800	63,800	58,900	67,500	65,300	55,600	53,600	52,700	61,100	67,800	52,600	55,200	50,200	50,000	46,600	48,400	48,200	43,400	36,900	39,800	47,700	39,200	39,000	31,800	37,200	25,900	22,800	15,600	22,800	15,700	10,200	16,500
Equity in earnings from affiliated companies
500	800	-400	1,300	2,000	1,300	2,000	1,000	1,300	500	1,200	800	800	600	700	800	400	300	800	600	300	300	600	400	100	500	300	300	200	0	0	300	400	500	400	200	500	100	0	300	100	200	300
Net income
42,400	73,200	80,300	80,900	72,200	66,100	80,100	68,800	61,600	88,100	69,700	61,600	64,600	59,500	68,200	66,100	56,000	53,900	53,500	61,700	68,100	52,900	55,800	50,600	50,100	47,100	48,700	48,500	43,600	36,900	39,800	48,000	39,600	39,500	32,200	37,400	26,400	22,900	15,600	23,100	15,800	10,400	16,800
Basic net income per common share
0.51	0.87	0.94	0.95	0.85	0.78	0.92	0.77	0.68	0.97	0.77	0.68	0.71	0.64	0.74	0.71	0.60	0.00	0.56	0.64	0.71	0.00	0.58	0.52	0.51	0.00	0.49	0.49	0.43	0.00	0.40	0.48	0.40	0.00	0.33	0.38	0.27	0.00	0.16	0.24	0.16	0.11	0.17
Diluted net income per common share
0.50	0.86	0.93	0.94	0.84	0.76	0.91	0.76	0.68	0.96	0.76	0.67	0.70	0.64	0.72	0.70	0.59	0.00	0.55	0.63	0.70	0.00	0.57	0.51	0.50	0.00	0.48	0.48	0.43	0.00	0.39	0.47	0.39	0.00	0.32	0.37	0.26	0.00	0.16	0.23	0.16	0.11	0.17
Dividends per share
0.17	-	0.17	0.15	0.15	-	0.15	0.12	0.12	-	0.12	0.11	0.11	-	0.11	0.10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted-average common shares:
Basic
83,700	84,300	85,100	85,200	85,000	85,800	87,000	88,800	90,000	90,200	90,100	90,700	91,400	92,000	92,700	93,100	93,400	94,600	95,800	96,600	96,200	95,600	95,800	97,300	98,500	99,900	99,700	100,000	100,400	100,500	100,300	100,200	99,800	99,400	99,000	98,600	98,200	97,900	97,700	97,500	97,300	96,900	96,900
Diluted
84,300	84,900	86,100	86,200	86,000	86,800	88,100	89,900	91,200	91,300	91,400	92,000	92,900	93,300	94,100	94,600	94,800	95,400	97,300	98,200	97,900	97,300	97,700	99,200	100,600	102,800	101,700	101,800	102,100	102,200	102,100	102,000	101,700	100,600	101,100	100,700	100,400	100,900	100,000	99,700	99,000	98,100	97,800