LENNOX INTERNATIONAL INC LII Income Statement

Lennox international inc (LII)

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
Net sales
3,740	3,807	3,765	3,763	3,839	3,883	3,932	3,954	3,881	3,839	3,845	3,802	3,719	3,641	3,578	3,523	3,496	3,467	3,446	3,389	3,357	3,367	3,304	3,273	3,226	3,199	3,134	3,076	3,003	2,949	2,720	2,712	2,785	2,840	2,635	2,652	2,610	2,585	3,083	3,049	0	0	0
Cost of goods sold
2,696	2,727	2,709	2,703	2,749	2,772	2,785	2,796	2,743	2,714	2,712	2,673	2,616	2,565	2,542	2,523	2,528	2,520	2,500	2,470	2,459	2,464	2,418	2,397	2,358	2,337	2,312	2,286	2,260	2,227	2,092	2,101	2,139	2,171	2,011	1,981	1,919	1,884	2,190	2,161	0	0	0
Gross profit
1,043	1,079	1,056	1,060	1,089	1,111	1,146	1,158	1,137	1,125	1,133	1,129	1,103	1,076	1,036	999	968	947	945	919	898	903	885	875	867	861	821	789	743	722	628	610	646	669	624	670	691	701	893	888	0	0	0
Operating Expenses:
Selling, general and administrative expenses
571	585	583	589	598	608	624	633	640	637	644	642	633	621	606	594	587	580	578	575	571	573	571	567	570	570	551	540	519	507	397	393	432	476	438	479	490	492	670	670	0	0	0
(Gains) losses and other expenses, net
-6	-8	-8	-9	-7	-13	-8	-9	-11	-7	-14	-12	-10	-11	-12	-17	-20	-21	-18	-14	-10	-6	-9	-7	-10	-9	-5	-5	-2	-2	-8	-6	-6	-5	0	-1	3	3	4	4	0	0	0
Restructuring charges
10	10	7	2	2	3	3	4	4	3	2	1	2	1	2	1	2	3	2	3	2	1	3	2	4	5	4	4	2	4	4	11	13	12	7	4	5	11	26	26	0	0	0
Loss on sale of business
-2	-10	-52	-58	-35	-27	15	22	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on assets held for sale
-	-	-	0	-	-	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Insurance proceeds for lost profits
0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) from natural disaster, net of insurance recoveries
-170	-178	-58	-51	-45	-38	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from equity method investments
13	13	11	10	11	12	13	15	16	18	18	18	19	18	16	15	14	13	13	14	13	13	13	13	13	12	12	11	11	10	9	9	9	9	10	10	10	10	11	10	0	0	0
Operating income
598	656	581	570	551	509	497	506	486	494	458	461	446	429	381	351	322	305	360	339	327	334	314	311	295	289	273	250	228	219	234	210	204	184	187	197	202	204	204	197	0	0	0
Interest expense, net
45	47	46	44	40	38	35	33	31	30	30	30	28	27	25	24	23	23	24	22	19	17	14	14	14	14	14	15	15	17	17	17	17	16	16	15	14	12	11	9	0	0	0
non-cash pension settlement loss
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense (income), net
-2	-2	-2	-3	-3	-3	-2	-1	-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
Income from continuing operations before income taxes
451	507	472	462	506	467	458	471	454	464	428	431	418	402	356	328	299	282	336	317	308	317	299	296	280	274	259	235	211	201	216	192	186	167	170	181	187	190	192	187	0	0	0
Provision for income taxes
99	99	101	98	115	107	130	147	153	156	123	129	121	124	107	101	101	95	114	108	106	109	103	102	96	94	86	79	70	66	70	61	58	55	60	63	67	64	69	70	0	0	0
Income from continuing operations
351	408	370	363	391	360	328	324	301	307	304	302	297	278	249	227	198	187	222	209	202	208	196	194	184	179	172	156	141	135	142	127	124	111	114	121	123	125	123	117	0	0	0
Discontinued Operations:
Loss from discontinued operations before income taxes
0	-0	0	0	0	0	0	-0	-2	-2	-2	-2	-1	-1	-0	-0	-0	-1	-3	-3	-3	-3	1	-1	0	-13	-23	-45	-54	-64	-84	-62	-54	-36	-23	-21	-20	-15	-3	-10	0	0	0
Income tax benefit
-0	0	0	0	2	2	2	1	-0	-0	-1	-0	-0	-0	-0	-0	-0	-0	-1	-1	-1	-1	0	0	0	-5	-9	-13	-17	-19	-30	-27	-23	-13	-4	-3	-3	-5	-0	-2	0	0	0
Income (loss) from discontinued operations
0	-0	-0	-0	-1	-1	-1	-2	-1	-1	-1	-1	-0	-0	-0	-0	-0	-0	-2	-2	-2	-2	0	-1	-0	-8	-13	-32	-37	-45	-57	-38	-34	-23	-14	-13	-13	-9	-3	-7	0	0	0
Net income
352	408	370	363	390	359	326	322	300	305	303	301	296	277	248	227	197	186	220	207	199	205	196	193	183	171	158	123	104	90	84	89	89	88	99	107	110	116	119	109	0	0	0
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	39	-	39	40	40	41	41	41	42	42	42	43	43	44	44	45	45	44	45	48	48	49	49	49	50	50	50	50	51	50	-	52	53	-	-	53	55	-	55	55
Weighted Average Number of Shares Outstanding, Diluted
-	-	39	39	-	40	40	41	42	42	42	42	43	43	43	44	44	45	45	45	45	45	49	49	49	50	50	50	51	51	51	51	50	-	52	54	-	-	55	56	-	57	56
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	-	-
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