LENNOX INTERNATIONAL INC LII Income Statement

Lennox international inc (LII)

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
723,800	884,900	1,032,900	1,099,100	790,300	843,500	1,030,200	1,175,400	834,800	891,800	1,052,300	1,102,100	793,400	897,200	1,010,000	1,019,200	715,200	834,100	955,000	992,500	685,800	812,900	898,400	960,700	695,400	749,600	868,000	913,100	668,400	684,900	809,700	840,400	614,400	456,200	801,200	914,100	669,400	250,800	818,200	872,100	644,100	749,500	784,000
Cost of goods sold
558,100	637,100	734,600	767,000	588,700	619,000	728,300	813,800	611,600	632,000	738,600	761,300	582,500	629,600	699,700	704,200	531,600	606,500	681,600	709,100	522,800	587,400	651,300	698,100	527,300	541,800	630,600	659,100	506,400	516,500	604,800	632,300	473,500	381,400	614,600	669,900	505,100	221,400	585,400	607,400	469,800	527,700	556,500
Gross profit
165,700	247,800	298,300	332,100	201,600	224,500	301,900	361,600	223,200	259,800	313,700	340,800	210,900	267,600	310,300	315,000	183,600	227,600	273,400	283,400	163,000	225,500	247,100	262,600	168,100	207,800	237,400	254,000	162,000	168,400	204,900	208,100	140,900	74,800	186,600	244,200	164,300	29,400	232,800	264,700	174,300	221,800	227,500
Operating Expenses:
Selling, general and administrative expenses
131,100	144,300	143,400	152,400	145,800	142,200	149,400	161,400	155,200	158,100	158,700	168,500	152,400	164,700	156,500	159,400	140,400	150,400	143,800	152,900	133,400	148,300	140,900	148,900	135,600	146,300	136,900	151,300	135,600	127,200	125,900	130,700	123,200	17,400	122,400	169,800	167,300	-20,900	163,500	180,500	168,900	157,100	164,300
(Gains) losses and other expenses, net
1,000	-2,900	-2,200	-2,100	-1,100	-3,200	-2,700	-200	-7,300	1,300	-3,000	-2,300	-3,100	-5,900	-700	-400	-4,300	-6,800	-6,000	-3,300	-5,600	-3,300	-2,100	1,000	-2,400	-6,400	300	-2,100	-1,100	-2,800	300	1,400	-1,400	-9,200	2,600	1,200	-300	-2,900	800	5,800	-300	-2,100	700
Restructuring charges
500	3,800	6,100	-100	500	1,100	500	500	900	1,100	1,900	100	100	600	600	800	-200	1,500	-400	1,800	300	600	1,000	200	100	1,800	300	2,400	500	1,100	400	100	2,600	900	8,000	2,400	1,200	-3,700	4,700	3,200	7,200	11,500	4,700
Loss on sale of business
0	-1,500	-200	-400	-8,500	-42,900	-6,200	22,100	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on assets held for sale
-	-	-	0	-	-	-300	-31,400	-10,300	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Insurance proceeds for lost profits
0	-	-	26,000	39,500	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) from natural disaster, net of insurance recoveries
1,600	-158,900	-7,100	-5,900	-6,900	-38,600	300	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from equity method investments
2,900	2,900	3,300	4,600	2,600	1,200	2,400	4,900	3,500	2,900	4,500	5,500	5,500	3,100	4,400	6,300	4,600	1,600	3,000	5,500	3,300	1,800	3,500	4,600	3,900	1,600	3,300	4,200	3,100	1,600	2,600	3,900	2,400	600	3,000	3,400	2,600	1,200	2,800	4,100	2,000	2,400	1,800
Operating income
36,400	191,600	156,800	213,800	94,700	116,600	145,200	195,100	53,000	103,700	154,600	175,400	60,800	68,100	156,900	160,700	43,700	20,500	127,000	130,900	27,000	75,100	106,600	119,100	33,900	54,900	103,800	102,400	27,900	39,500	80,900	79,800	18,900	54,900	56,600	74,200	-1,300	58,100	66,600	79,300	500	57,700	59,600
Interest expense, net
8,700	11,000	12,500	13,100	10,900	9,800	10,300	9,800	8,400	7,400	7,600	8,200	7,400	7,400	7,000	6,800	5,800	5,800	5,700	6,400	5,700	6,200	4,000	3,700	3,300	3,700	3,800	3,600	3,400	3,700	4,400	4,300	4,700	4,300	4,100	4,300	4,100	3,700	3,500	3,100	2,500	2,200	2,000
non-cash pension settlement loss
-	-	0	60,600	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense (income), net
-1,200	-600	-600	-300	-800	-800	-1,100	-800	-600	0	0	100	0	-	0	200	-	100	700	0	0	100	0	0	0	-300	0	200	-100	-200	0	-100	0	-	0	-100	-	-	-	-100	-	-100	-100
Income from continuing operations before income taxes
26,500	141,400	143,700	139,800	83,000	105,600	133,800	184,500	44,000	96,300	147,000	167,300	53,400	60,800	149,900	154,100	37,900	14,800	122,000	124,500	21,300	69,000	102,600	115,400	30,600	50,900	100,000	99,000	24,400	35,600	76,500	75,400	14,200	50,400	52,500	69,800	-5,400	53,500	63,100	76,100	-2,000	55,400	57,500
Provision for income taxes
14,000	27,700	29,000	28,800	13,600	30,400	25,800	45,300	6,100	53,100	43,000	50,900	9,900	20,000	48,200	42,900	13,000	3,500	41,700	42,900	7,300	22,900	35,100	40,800	10,700	16,900	34,200	34,700	8,600	9,100	26,800	25,900	4,900	12,600	17,600	23,700	1,900	16,900	21,200	27,400	-700	21,700	21,600
Income from continuing operations
12,500	113,700	114,700	111,000	69,400	75,200	108,000	139,200	37,900	43,200	104,000	116,400	43,500	40,800	101,700	111,200	24,900	11,300	80,300	81,600	14,000	46,100	67,500	74,600	19,900	34,000	65,800	64,300	15,800	26,500	49,700	49,500	9,300	34,000	34,900	46,100	-3,500	36,600	41,900	48,700	-1,300	33,700	35,900
Discontinued Operations:
Loss from discontinued operations before income taxes
0	300	0	-300	-100	400	0	400	0	100	-800	-1,500	0	-500	0	-800	0	-100	0	-700	-200	-2,400	-200	-1,100	0	2,400	-2,300	0	-13,400	-7,600	-24,600	-9,200	-23,500	-27,200	-2,100	-1,700	-5,700	-14,200	-100	-400	-400	-2,900	-6,800
Income tax benefit
-400	0	0	0	0	100	0	2,000	0	100	-300	-600	0	-200	0	-300	0	0	0	-300	-100	-900	-100	-400	0	1,200	-800	0	-5,600	-3,100	-4,300	-4,400	-8,100	-13,900	-1,000	-600	2,000	-5,300	0	0	-100	-200	-2,600
Income (loss) from discontinued operations
400	300	0	-300	-100	300	0	-1,600	0	0	-500	-900	0	-300	0	-500	0	-100	0	-400	-100	-1,500	-100	-700	0	1,200	-1,500	0	-7,800	-4,500	-20,300	-4,800	-15,400	-17,300	-1,100	-1,100	-3,700	-8,900	-100	-400	-300	-2,700	-4,200
Net income
12,900	114,000	114,700	110,700	69,300	75,500	108,000	137,600	37,900	43,200	103,500	115,500	43,500	40,500	101,700	110,700	24,900	11,200	80,300	81,200	13,900	44,600	67,400	73,900	19,900	35,200	64,300	64,300	8,000	22,000	29,400	44,700	-6,100	16,700	33,800	45,000	-7,200	27,700	41,800	48,300	-1,600	31,000	31,700
Earnings per share – Basic:
Income from continuing operations (in dollars per share)
0.33	2.93	2.97	2.84	1.75	1.86	2.68	3.42	0.91	1.03	2.48	2.75	1.02	0.94	2.35	2.55	0.57	0.27	1.78	1.81	0.31	1.01	1.40	1.53	0.41	0.69	1.32	1.28	0.32	0.53	0.98	0.97	0.18	-	0.67	0.87	-	-	0.78	0.88	-	0.60	0.65
Loss from discontinued operations (in dollars per share)
0.01	0.01	0.00	-0.01	0.00	0.01	0.00	-0.04	0.00	0.00	-0.01	-0.02	0.00	-0.01	0.00	-0.01	0.00	0.00	0.00	-0.01	0.00	-0.03	0.00	-0.02	0.00	0.03	-0.03	0.00	-0.16	-0.10	-0.40	-0.09	-0.30	-	-0.02	-0.02	-	-	-	-	-	-0.05	-0.08
Net income (in dollars per share)
0.34	2.94	2.97	2.83	1.75	1.87	2.68	3.38	0.91	1.03	2.47	2.73	1.02	0.93	2.35	2.54	0.57	0.27	1.78	1.80	0.31	0.98	1.40	1.51	0.41	0.72	1.29	1.28	0.16	0.43	0.58	0.88	-0.12	-	0.65	0.85	-	-	0.78	0.88	-	0.55	0.57
Earnings per share – Diluted:
Income from continuing operations (in dollars per share)
0.32	2.90	2.94	2.81	1.73	1.83	2.65	3.39	0.90	1.01	2.45	2.71	1.00	0.93	2.33	2.52	0.56	0.25	1.76	1.79	0.31	1.00	1.38	1.50	0.40	0.68	1.30	1.26	0.31	0.52	0.97	0.96	0.18	-	0.66	0.85	-	-	0.76	0.86	-	0.59	0.63
Loss from discontinued operations (in dollars per share)
0.01	0.01	0.00	-0.01	0.00	0.01	0.00	-0.04	0.00	0.00	-0.01	-0.02	0.00	-0.01	0.00	-0.01	0.00	-0.01	0.00	-0.01	0.00	-0.04	0.00	-0.01	0.00	0.02	-0.03	0.00	-0.15	-0.09	-0.40	-0.09	-0.30	-	-0.02	-0.02	-	-	-	-	-	-0.05	-0.07
Net income (in dollars per share)
0.33	2.91	2.94	2.80	1.73	1.84	2.65	3.35	0.90	1.01	2.44	2.69	1.00	0.92	2.33	2.51	0.56	0.24	1.76	1.78	0.31	0.96	1.38	1.49	0.40	0.70	1.27	1.26	0.16	0.43	0.57	0.87	-0.12	-	0.64	0.83	-	-	0.76	0.86	-	0.54	0.56
Average shares outstanding:
Weighted Average Number of Shares Outstanding, Basic
-	-	38,600	39,100	-	39,900	40,300	40,700	41,500	41,800	41,900	42,300	42,800	42,800	43,200	43,600	44,000	44,900	45,000	45,000	44,700	45,500	48,300	48,800	49,000	49,000	49,700	50,200	50,300	50,300	50,600	51,000	50,900	-	52,200	53,200	-	-	53,800	55,100	-	55,800	55,400
Weighted Average Number of Shares Outstanding, Diluted
-	-	39,000	39,500	-	40,500	40,700	41,100	42,100	42,400	42,400	42,900	43,500	43,500	43,700	44,100	44,700	45,700	45,600	45,600	45,500	45,900	49,000	49,600	49,900	50,000	50,500	50,900	51,000	51,800	51,300	51,600	50,900	-	52,800	54,300	-	-	55,000	56,300	-	57,100	56,600
Loss from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.06	-	-	-	-0.02	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.07	-	-	-	-0.01	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.13	-	-	-	-0.03	-	-
AVERAGE SHARES OUTSTANDING - BASIC AND DILUTED:
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	56,000	-	-
Common Stock, Dividends, Per Share, Declared
-	-	-	-	-	-	-	-	-	0.51	0.51	0.51	0.43	0.43	0.43	0.43	0.36	0.36	0.36	0.36	0.30	0.30	0.30	0.30	0.24	0.24	0.24	0.24	0.20	0.20	0.20	0.18	0.18	0.18	0.18	0.18	0.18	0.15	0.15	0.15	0.15	0.14	0.14