Koppers holdings inc. (KOP)
Income statement / TTM
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'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Net sales

1,797,800

1,772,800

1,747,000

1,714,800

1,681,000

1,710,200

1,650,900

1,593,000

1,535,000

1,475,500

1,422,600

1,408,900

1,416,000

1,416,200

1,466,700

1,529,400

1,575,900

1,626,900

1,689,900

1,696,200

1,621,400

1,555,000

1,470,100

1,425,200

1,439,300

1,478,300

1,511,400

1,504,100

1,544,500

1,555,000

1,549,100

1,542,400

1,505,600

1,466,200

1,350,000

1,305,100

1,257,700

1,190,500

1,227,500

1,182,800

0

0

0

Cost of sales

1,468,500

1,430,000

1,410,900

1,388,300

1,365,500

1,375,100

1,314,300

1,248,100

1,189,900

1,153,400

1,102,800

1,103,400

1,112,600

1,126,200

1,195,800

1,260,800

1,311,700

1,366,700

1,427,000

1,444,900

1,402,100

1,343,700

1,268,700

1,222,300

1,229,300

1,264,700

1,291,400

1,292,200

1,318,200

1,324,600

1,323,100

1,306,700

1,273,100

1,242,300

1,139,400

1,104,800

1,065,800

1,003,400

1,023,900

982,000

0

0

0

Depreciation and amortization

55,000

55,100

53,600

52,300

52,600

50,800

53,300

52,400

50,400

49,800

45,900

47,600

49,000

52,900

53,400

55,100

59,700

59,000

61,800

57,500

49,500

44,000

37,700

33,700

31,300

29,700

28,300

27,800

28,100

27,600

28,500

28,500

27,300

26,900

25,700

26,000

26,600

26,600

26,500

25,800

0

0

0

Loss on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

3,200

3,200

3,200

3,200

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment and restructuring charges

5,500

6,000

5,400

5,200

2,800

4,000

14,200

15,500

16,200

16,200

9,800

12,600

16,500

20,100

51,500

47,900

44,000

42,200

6,600

7,800

5,700

17,900

30,000

27,400

27,400

11,900

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

148,700

150,900

152,800

153,100

160,400

161,600

158,700

154,000

139,700

132,500

128,200

127,600

126,300

125,700

124,000

122,200

123,100

124,600

134,600

135,800

126,600

116,200

94,800

81,100

75,400

71,700

72,700

73,400

75,300

75,600

73,800

74,200

74,600

74,300

70,200

66,200

62,700

62,400

60,800

58,900

0

0

0

Operating profit

120,100

130,800

116,000

107,600

91,400

110,400

119,200

123,000

138,800

123,600

127,100

119,800

113,700

93,400

-23,100

-23,800

-29,800

-29,600

63,100

53,400

40,700

33,200

38,900

60,700

75,900

100,300

118,400

110,100

122,300

126,600

123,700

133,000

130,600

122,700

114,700

108,100

102,600

98,100

116,300

116,100

0

0

0

Other income, net

600

600

2,200

1,600

1,000

700

-600

300

1,200

2,500

100

0

200

300

2,000

1,800

1,600

200

700

500

0

0

400

1,900

3,200

3,500

3,000

2,300

1,700

1,900

2,200

1,700

1,400

700

900

800

800

2,500

1,500

1,300

0

0

0

Interest expense

60,300

62,500

63,900

63,500

62,000

56,300

50,700

46,100

42,400

42,500

44,400

45,600

49,100

50,800

50,500

51,400

50,000

50,700

52,300

51,600

45,300

39,100

31,900

26,700

26,700

26,800

27,300

27,500

27,900

27,900

27,700

27,500

27,200

27,200

27,000

26,900

27,100

27,100

30,400

33,800

0

0

0

Loss on pension settlements

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-13,300

-13,300

-13,300

-13,300

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations before income taxes

60,400

68,900

54,300

45,700

30,400

54,800

57,900

67,200

87,600

60,300

65,100

56,500

47,100

38,500

-71,600

-73,400

-78,200

-80,100

11,500

2,300

-4,600

-5,900

7,400

35,900

52,400

77,000

94,100

84,900

96,100

100,600

98,200

107,200

104,800

96,200

88,600

82,000

76,300

73,500

87,400

83,600

0

0

0

Income tax provision

800

1,400

12,000

17,000

15,600

26,000

41,000

37,200

37,200

29,000

13,300

12,700

12,900

11,400

-3,700

-2,700

-4,100

-4,200

35,000

39,300

39,500

34,100

16,600

21,200

23,700

36,800

34,100

28,300

33,200

33,300

39,700

42,400

40,700

38,700

31,400

31,500

29,900

28,900

30,800

30,200

0

0

0

Income from continuing operations

59,600

67,500

42,300

28,700

14,800

28,800

16,900

30,000

50,400

31,300

51,800

43,800

34,200

27,100

-67,900

-70,700

-74,100

-75,900

8,600

200

0

-

0

0

-

40,200

60,000

56,600

62,900

67,300

58,500

64,800

64,100

57,500

67,900

61,700

0

-

0

0

-

0

0

(Loss) income from discontinued operations, net of tax benefit (expense) of $0.8 and $(1.1)

-7,200

-100

2,600

2,700

3,200

400

900

800

-800

-800

-1,200

-1,200

-100

600

500

500

500

-100

0

0

0

-

0

0

-

-100

100

200

100

-100

0

0

0

-

-

-

0

-

0

0

-

-

-

Loss on sale of Koppers Arch, net of tax benefit of $0.1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

0

0

Net (loss) income

52,400

67,400

44,900

31,400

18,000

29,200

17,800

30,800

49,600

30,500

50,600

42,600

34,100

27,700

-67,400

-70,200

-73,600

-76,000

-23,000

-36,300

-43,500

-39,400

-9,200

14,500

28,500

40,100

59,900

56,600

62,800

67,200

39,000

45,500

44,500

37,600

56,800

49,900

46,100

44,500

56,400

53,100

0

0

0

Net (loss) income attributable to noncontrolling interests

-1,200

800

1,400

100

800

5,800

6,600

7,400

7,100

1,400

300

0

-900

-1,600

-2,600

-3,400

-3,700

-4,000

-5,200

-5,700

-5,500

-7,000

-6,200

-4,300

-3,100

-300

1,800

1,600

1,800

1,600

1,200

1,300

900

700

-200

-300

-400

-400

1,000

1,600

0

0

0

Net (loss) income attributable to Koppers

53,600

66,600

43,500

31,300

17,200

23,400

11,200

23,400

42,500

29,100

50,300

42,600

35,000

29,300

-64,800

-66,800

-69,900

-72,000

-17,800

-30,600

-38,000

-32,400

-3,000

18,800

31,600

40,400

58,100

55,000

61,000

65,600

37,800

44,200

43,600

36,900

56,200

49,400

45,700

44,100

55,400

51,500

0

0

0

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

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

Comprehensive (loss) income attributable to noncontrolling interests

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

Comprehensive (loss) income attributable to Koppers

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

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