KAISER ALUMINUM CORPORATION KALU Income Statement

Kaiser aluminum corporation (KALU)

Income statement / TTM

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
Cost of products sold, excluding depreciation and amortization and other items
1,186	1,215	1,234	1,259	1,299	1,300	1,260	1,193	1,139	1,085	1,042	1,040	1,001	1,000	1,018	1,030	1,075	1,115	1,143	1,156	1,136	1,117	1,093	1,072	1,058	1,038	1,049	1,058	1,081	1,116	1,101	1,130	1,146	1,129	1,107	1,039	995	946	905	846	0	0	0
Revenue from Contract with Customer, Excluding Assessed Tax
1,488	1,514	1,534	1,553	1,593	1,585	1,549	1,489	1,430	1,397	1,376	1,364	1,342	1,330	1,315	1,331	1,363	1,391	1,413	1,415	1,392	1,356	1,329	1,310	1,295	1,297	1,300	1,315	1,332	1,360	1,363	1,350	1,344	1,301	1,249	1,190	1,134	1,079	1,065	1,034	0	0	0
Costs and expenses:
Lower of cost or market inventory write-down
-	-	-	-	-	-	-	-	-	-	-	-	-	4	7	7	7	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized (gain) loss on derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	17	5	-3	-18	-20	-16	-10	4	9	3	0	-3	7	11	15	0	0	0	-	-	-	-	-	-	-	-	-	-
Impairment of investment in Anglesey
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Restructuring benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-0	-0	4	0	0	0
Depreciation and amortization
50	49	47	46	45	43	42	42	40	39	38	37	36	36	34	34	33	32	32	32	31	31	30	29	28	28	27	27	27	26	25	25	25	25	24	23	22	19	17	17	0	0	0
Selling, general, administrative, research and development
96	98	98	98	97	96	96	97	97	97	100	101	102	105	99	95	91	88	87	85	83	81	79	79	79	80	88	85	77	74	63	61	65	62	65	68	66	67	66	66	0	0	0
(Gain) loss on removal of Union VEBA net assets Note 4
-	-	-	-	-	-	-	-	-	-	-	-	-	-	984	987	985	493	-490	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net periodic postretirement benefit cost relating to Salaried VEBA
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pre-tax loss on settlement of Union VEBA
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total selling, general, administrative, research and development
-	-	-	-	-	-	-	-	-	-	-	-	-	-	105	97	95	583	574	568	558	57	55	56	56	57	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill, Impairment Loss
-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating charges, net
-	-	-1	-1	-	-1	-0	-0	-0	-0	2	2	0	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	0	0
Total costs and expenses
1,359	1,388	1,381	1,405	1,443	1,442	1,401	1,334	1,297	1,242	1,214	1,213	1,147	1,149	1,147	1,152	1,205	1,737	1,767	1,778	1,745	1,218	1,176	1,148	1,139	1,124	1,144	1,145	1,162	1,194	1,206	1,244	1,262	1,246	1,201	1,133	1,088	1,038	990	937	0	0	0
Operating income
128	125	153	147	149	143	148	155	133	155	161	150	195	181	167	178	157	-345	-354	-362	-352	137	152	161	155	173	155	170	169	165	157	106	81	55	48	56	46	41	74	96	0	0	0
Other (expense) income:
Interest expense
-24	-24	-22	-22	-22	-22	-21	-22	-22	-22	-18	-18	-18	-20	-29	-29	-30	-24	-45	-40	-36	-37	-35	-36	-36	-35	-21	-21	-23	-29	-11	-16	-18	-18	17	17	16	11	7	3	0	0	0
Other Nonoperating Income (Expense)
-22	-20	-1	-0	-0	-0	-0	-1	-0	0	-2	-2	-13	-13	-12	-13	-1	-1	0	3	5	6	8	9	6	5	3	1	3	2	4	7	3	4	0	-6	-2	-4	-2	1	0	0	0
Income before income taxes
81	80	128	124	126	120	125	131	110	133	137	125	160	147	136	147	137	-371	-383	-392	-386	107	124	135	126	143	122	134	138	139	137	94	67	41	31	32	27	25	64	93	0	0	0
Income Tax Expense (Benefit)
18	18	32	31	32	28	72	80	75	87	52	45	58	55	56	59	55	-135	-149	-152	-149	35	41	42	39	38	36	44	45	53	54	36	26	16	14	14	13	13	27	42	0	0	0
Net Income (Loss) Attributable to Parent
63	62	96	92	94	91	52	51	35	45	85	80	101	91	80	87	81	-236	-234	-240	-236	71	83	93	87	104	86	90	92	85	82	57	40	25	16	18	14	12	37	51	0	0	0
Net income per common share:
Basic (in dollars per share)
1.83	-0.64	1.59	1.19	1.74	1.44	1.31	1.24	1.54	-0.86	1.18	0.28	2.07	1.39	0.84	1.45	1.47	0.61	1.29	1.19	-16.85	0.86	0.90	1.38	0.88	1.45	1.37	0.99	1.75	0.48	1.52	1.10	1.39	0.32	0.21	0.22	0.57	-0.13	0.29	0.01	0.44	1.14	0.97
Diluted (in dollars per share)
1.81	-0.63	1.57	1.18	1.71	1.41	1.29	1.22	1.51	-0.84	1.16	0.27	2.04	1.40	0.82	1.43	1.44	0.77	1.21	1.11	-16.85	0.83	0.85	1.33	0.85	1.39	1.34	0.98	1.73	0.47	1.51	1.09	1.38	0.33	0.21	0.21	0.57	-0.13	0.29	0.01	0.44	1.14	0.97
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Basic (shares)
15	15	15	16	16	16	16	16	16	16	16	17	17	17	17	17	17	17	17	17	17	17	17	17	17	18	18	18	19	19	19	19	19	18	18	18	18	39	18	18	0	0	0
Weighted Average Number of Shares Outstanding, Diluted
16	16	16	16	16	16	16	16	17	17	17	17	17	17	18	18	18	15	18	18	17	18	18	18	18	19	19	18	19	19	19	19	19	18	19	19	19	39	18	18	0	0	0
Dividends declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	0.50	0.50	0.50	0.50	0.45	0.45	0.45	0.45	0.40	0.40	0.40	0.40	-	0.35	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Add: dilutive effect of non-vested common shares, restricted stock units, performance shares and market-based shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-