| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Net sales | ||||||
3,326 | 3,826 | 3,603 | 3,654 | 3,743 | 3,853 | |
Cost of sales | ||||||
2,888 | 3,283 | 3,026 | 3,031 | 3,090 | - | |
Selling, general and administrative expenses (exclusive of depreciation and amortization) | ||||||
327 | 328 | 307 | 304 | 309 | 268 | |
Cost of sales (exclusive of depreciation and amortization) | ||||||
- | - | - | - | - | 2,953 | |
Cost of sales with RRD and affiliates (exclusive of depreciation and amortization) | ||||||
- | - | - | - | - | 244 | |
Total cost of sales | ||||||
- | - | - | - | - | 3,197 | |
Restructuring, impairment and other charges-net (Note 7) | ||||||
148 | 35 | 129 | 18 | 57 | 132 | |
Depreciation and amortization | ||||||
120 | 138 | 160 | 171 | 181 | 181 | |
(Loss) from operations | ||||||
-157 | 42 | -19 | 130 | 106 | 75 | |
Interest expense-net (Note 9) | ||||||
-76 | -80 | -72 | -18 | 3 | 4 | |
Settlement of retirement benefit obligations (Note 11) | ||||||
137 | 0 | 0 | - | - | - | |
Termination fee from Quad (Note 1) | ||||||
45 | 0 | 0 | - | - | - | |
Investment and other (income)-net | ||||||
37 | 48 | 47 | 45 | 29 | 9 | |
(Loss) before income taxes | ||||||
-288 | 10 | -44 | 157 | 138 | 88 | |
Income tax expense (benefit) | ||||||
7 | 33 | 13 | 51 | 64 | 30 | |
Net (loss) | ||||||
-295 | -23 | -57 | 106 | 74 | 58 | |
Net (loss) per common share (Note 10) | ||||||
Basic net (loss) per share | ||||||
-8.82 | -0.67 | -1.69 | 3.25 | 2.27 | 1.79 | |
Diluted net (loss) per share | ||||||
-8.82 | -0.67 | -1.69 | 3.23 | 2.27 | 1.79 | |
Dividends declared per common share | ||||||
- | - | - | - | 0.00 | - | |
Weighted-average number of common shares outstanding: | ||||||
Basic | ||||||
33 | 33 | 33 | 32 | 32 | 32 | |
Diluted | ||||||
33 | 33 | 33 | 32 | 32 | 32 | |