KOPPERS HOLDINGS INC. KOP Income Statement

Koppers holdings inc. (KOP)

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
401,900	451,200	474,900	469,800	376,900	425,400	442,700	436,000	406,100	366,100	384,800	378,000	346,600	313,200	371,100	385,100	346,800	363,700	433,800	431,600	397,800	426,700	440,100	356,800	331,400	341,800	395,200	370,900	370,400	374,900	387,900	411,300	380,900	369,000	381,200	374,500	341,500	252,800	336,300	327,100	274,300	289,800	291,600
Cost of sales
340,300	370,300	382,300	375,600	301,800	351,200	359,700	352,800	311,400	290,400	293,500	294,600	274,900	239,800	294,100	303,800	288,500	309,400	359,100	354,700	343,500	369,700	377,000	311,900	285,100	294,700	330,600	318,900	320,500	321,400	331,400	344,900	326,900	319,900	315,000	311,300	296,100	217,000	280,400	272,300	233,700	237,500	238,500
Depreciation and amortization
13,500	13,800	14,300	13,400	13,600	12,300	13,000	13,700	11,800	14,800	12,100	11,700	11,200	10,900	13,800	13,100	15,100	11,400	15,500	17,700	14,400	14,200	11,200	9,700	8,900	7,900	7,200	7,300	7,300	6,500	6,700	7,600	6,800	7,400	6,700	6,400	6,400	6,200	7,000	7,000	6,400	6,100	6,300
Loss on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,100	-	-	0	0	0	3,200	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment and restructuring charges
-200	800	1,100	3,800	300	200	900	1,400	1,500	10,400	2,200	2,100	1,500	4,000	5,000	6,000	5,100	35,400	1,400	2,100	3,300	-200	2,600	0	15,500	11,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling, general and administrative expenses
34,700	37,900	37,600	38,500	36,900	39,800	37,900	45,800	38,100	36,900	33,200	31,500	30,900	32,600	32,600	30,200	30,300	30,900	30,800	31,100	31,800	40,900	32,000	21,900	21,400	19,500	18,300	16,200	17,700	20,500	19,000	18,100	18,000	18,700	19,400	18,500	17,700	14,600	15,400	15,000	17,400	13,000	13,500
Operating profit
13,600	28,400	39,600	38,500	24,300	13,600	31,200	22,300	43,300	22,400	35,000	38,100	28,100	25,900	27,700	32,000	7,800	-90,600	27,000	26,000	8,000	2,100	17,300	13,300	500	7,800	39,100	28,500	24,900	25,900	30,800	40,700	29,200	23,000	40,100	38,300	21,300	15,000	33,500	32,800	16,800	33,200	33,300
Other income, net
500	200	0	-100	500	1,800	-600	-700	200	500	300	200	1,500	-1,900	200	400	1,600	-200	0	200	200	300	-200	-300	200	700	1,300	1,000	500	200	600	400	700	500	100	100	0	700	0	100	1,700	-300	-200
Interest expense
14,000	14,800	15,500	16,000	16,200	16,200	15,100	14,500	10,500	10,600	10,500	10,800	10,600	12,500	11,700	14,300	12,300	12,200	12,600	12,900	13,000	13,800	11,900	6,600	6,800	6,600	6,700	6,600	6,900	7,100	6,900	7,000	6,900	6,900	6,700	6,700	6,900	6,700	6,600	6,900	6,900	10,000	10,000
Loss on pension settlements
-	-	-	-	-	-	-	-	-	-	-8,800	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	0	0	0	-13,300	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations before income taxes
100	13,800	24,100	22,400	8,600	-800	15,500	7,100	33,000	2,300	24,800	27,500	5,700	7,100	16,200	18,100	-2,900	-103,000	14,400	13,300	-4,800	-11,400	5,200	6,400	-6,100	1,900	33,700	22,900	18,500	19,000	24,500	34,100	23,000	16,600	33,500	31,700	14,400	9,000	26,900	26,000	11,600	22,900	23,100
Income tax provision
-1,800	-9,000	3,600	8,000	-1,200	1,600	8,600	6,600	9,200	16,600	4,800	6,600	1,000	900	4,200	6,800	-500	-14,200	5,200	5,400	-600	25,000	9,500	5,600	-6,000	7,500	14,100	8,100	7,100	4,800	8,300	13,000	7,200	11,200	11,000	11,300	5,200	3,900	11,100	9,700	4,200	5,800	10,500
Income from continuing operations
1,900	22,800	20,500	14,400	9,800	-2,400	6,900	500	23,800	-14,300	20,000	20,900	4,700	6,200	12,000	11,300	-2,400	-88,800	9,200	7,900	-4,200	-	-4,300	800	-	-5,600	19,600	14,800	11,400	14,200	16,200	21,100	15,800	5,400	22,500	20,400	9,200	-	15,800	16,300	-	17,100	12,600
(Loss) income from discontinued operations, net of tax benefit (expense) of $0.8 and $(1.1)
-4,400	-2,700	-100	0	2,700	0	0	500	-100	500	-100	-1,100	-100	100	-100	0	600	0	-100	0	0	-	100	-100	-	0	-100	-100	100	200	0	-200	-100	-	-	-	-200	-	0	200	-	-	-
Loss on sale of Koppers Arch, net of tax benefit of $0.1
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200	-500	-	-	-	-	-	0	-100
Net (loss) income
-2,500	20,100	20,400	14,400	12,500	-2,400	6,900	1,000	23,700	-13,800	19,900	19,800	4,600	6,300	11,900	11,300	-1,800	-88,800	9,100	7,900	-4,200	-35,800	-4,200	700	-100	-5,600	19,500	14,700	11,500	14,200	16,200	20,900	15,900	-14,000	22,700	19,900	9,000	5,200	15,800	16,100	7,400	17,100	12,500
Net (loss) income attributable to noncontrolling interests
-1,100	-400	600	-300	900	200	-700	400	5,900	1,000	100	100	200	-100	-200	-800	-500	-1,100	-1,000	-1,100	-800	-2,300	-1,500	-900	-2,300	-1,500	400	300	500	600	200	500	300	200	300	100	100	-700	200	0	100	700	800
Net (loss) income attributable to Koppers
-1,400	20,500	19,800	14,700	11,600	-2,600	7,600	600	17,800	-14,800	19,800	19,700	4,400	6,400	12,100	12,100	-1,300	-87,700	10,100	9,000	-3,400	-33,500	-2,700	1,600	2,200	-4,100	19,100	14,400	11,000	13,600	16,000	20,400	15,600	-14,200	22,400	19,800	8,900	5,100	15,600	16,100	7,300	16,400	11,700
Earnings (loss) per common share attributable to Koppers common shareholders:
Basic -
Continuing operations
0.09	1.09	0.96	0.71	0.47	-	0.36	0.01	-	-	0.96	1.00	-	0.31	0.59	0.58	-0.09	-4.27	0.49	0.44	-0.16	-1.66	-0.14	0.08	0.11	-0.20	0.93	0.70	0.53	0.67	0.77	1.00	0.74	0.25	1.07	0.99	0.44	-	0.76	0.79	-	0.80	0.57
Discontinued operations
-0.16	-0.09	0.00	0.00	0.09	-	0.00	0.02	-	-	0.00	-0.06	-	0.00	0.00	0.00	0.03	-0.01	0.00	0.00	0.00	-	-	-	-	0.01	0.00	-0.01	0.00	-0.01	0.00	-0.01	0.01	-0.93	0.01	-0.03	-0.01	-	0.00	-0.01	-	0.00	0.00
(Loss) earnings per basic common share
-0.07	1.00	0.96	0.71	0.56	-0.13	0.36	0.03	0.86	-0.71	0.96	0.94	0.21	0.31	0.59	0.58	-0.06	-4.28	0.49	0.44	-0.16	-	-	-	-	-0.19	0.93	0.69	0.53	0.66	0.77	0.99	0.75	-0.68	1.08	0.96	0.43	0.24	0.76	0.78	0.36	0.80	0.57
Diluted -
Continuing operations
0.09	1.05	0.94	0.70	0.47	-	0.35	0.01	-	-	0.91	0.95	-	0.30	0.58	0.57	-0.09	-4.27	0.49	0.44	-0.16	-1.66	-0.14	0.08	0.11	-0.21	0.92	0.70	0.53	0.64	0.77	0.99	0.74	0.22	1.07	0.99	0.44	-	0.75	0.79	-	0.80	0.57
Discontinued operations
-0.16	-0.09	0.00	0.00	0.09	-	0.00	0.02	-	-	0.00	-0.05	-	0.00	0.00	0.00	0.03	-0.01	0.00	0.00	0.00	-	-	-	-	0.01	0.00	-0.01	0.00	-0.01	0.00	-0.01	0.01	-0.92	0.01	-0.03	-0.01	-	0.00	-0.01	-	0.00	0.00
(Loss) earnings per diluted common share
-0.07	0.96	0.94	0.70	0.56	-0.09	0.35	0.03	0.81	-0.69	0.91	0.90	0.20	0.30	0.58	0.57	-0.06	-4.28	0.49	0.44	-0.16	-	-	-	-	-0.20	0.92	0.69	0.53	0.63	0.77	0.98	0.75	-0.70	1.08	0.96	0.43	0.24	0.75	0.78	0.36	0.80	0.57
Comprehensive (loss) income
-51,000	-	5,500	9,600	20,700	-	-2,000	-20,700	16,200	-	36,800	24,700	12,300	-	14,100	9,900	7,200	-	-4,700	11,100	-14,300	-	-19,900	3,200	2,600	-	26,600	5,900	9,800	-	25,300	13,000	22,600	-	8,700	26,600	16,800	-	-	-	-	-	-
Comprehensive (loss) income attributable to noncontrolling interests
-1,300	-	200	-600	1,100	-	-1,100	-300	6,100	-	200	200	200	-	-200	-1,000	-500	-	-1,200	-1,100	-800	-	-1,300	-900	-2,700	-	800	200	500	-	300	500	300	-	300	200	200	-	-	-	-	-	-
Comprehensive (loss) income attributable to Koppers
-49,700	-	5,300	10,200	19,600	-	-900	-20,400	10,100	-	36,600	24,500	12,100	-	14,300	10,900	7,700	-	-3,500	12,200	-13,500	-	-18,600	4,100	5,300	-	25,800	5,700	9,300	-	25,000	12,500	22,300	-	8,400	26,400	16,600	-	-	-	-	-	-
Weighted average shares outstanding (in thousands):
Basic
20,852	20,739	20,684	20,662	20,575	20,506	20,946	21,138	20,894	20,766	20,746	20,782	20,722	20,665	20,657	20,640	20,582	20,554	20,553	20,545	20,512	20,498	20,495	20,475	20,384	20,329	20,577	20,727	20,667	20,597	20,694	20,764	20,669	20,602	20,603	20,603	20,588	20,575	20,566	20,558	20,473	20,454	20,445
Diluted
21,315	21,317	21,030	21,044	20,881	19,392	21,700	22,054	22,158	22,460	21,911	21,883	21,746	21,531	21,163	20,944	20,582	20,380	20,632	20,640	20,512	20,187	20,495	20,582	20,588	20,589	20,801	20,945	20,925	20,946	20,900	20,959	20,903	21,123	20,746	20,739	20,724	20,781	20,648	20,643	20,632	20,584	20,542
Dividends declared per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.24	0.24	0.24	0.24	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22