MEREDITH CORPORATION MDP Income Statement

Meredith corporation (MDP)

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	Dec'09	Sep'09
Revenue from Contract with Customer [Abstract]
Circulation
-	-	-	-	-	-	-	-	-	-	-	-	325	325	325	328	327	326	319	313	309	309	317	327	327	322	322	322	312	297	294	285	272	262	262	261	264	272	275	279	0	0	0
All other
-	-	-	-	-	-	-	-	-	-	-	-	443	428	418	406	398	390	390	383	380	373	368	363	358	352	336	325	316	311	316	321	334	343	351	346	339	331	325	323	0	0	0
Total revenues
3,023	3,071	3,139	3,188	3,205	3,106	2,645	2,264	1,906	1,681	1,706	1,713	1,703	1,701	1,664	1,649	1,639	1,615	1,607	1,594	1,559	1,528	1,483	1,468	1,464	1,467	1,473	1,471	1,458	1,434	1,402	1,376	1,355	1,348	1,385	1,400	1,407	1,422	1,393	1,382	0	0	0
Operating expenses
Production, distribution, and editorial
1,090	1,120	1,145	1,161	1,183	1,146	1,000	868	726	625	614	608	599	605	608	611	623	621	610	598	585	576	568	567	562	559	561	561	562	556	551	547	541	539	548	554	548	558	564	572	0	0	0
Selling, General and Administrative Expense
1,307	1,322	1,330	1,350	1,353	1,338	1,167	987	828	725	722	726	726	717	723	723	708	707	706	695	688	674	657	655	660	659	658	654	643	635	612	599	586	569	582	581	588	588	586	584	0	0	0
Acquisition, disposition, and restructuring related activities
59	69	97	100	81	203	190	170	150	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
227	235	242	247	254	232	180	129	78	51	52	53	55	56	57	59	59	59	58	56	43	52	49	48	57	45	45	45	46	46	46	44	41	40	39	39	39	40	40	40	0	0	0
Impairment of long-lived assets
431	47	47	41	0	0	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merger termination fee net of merger-related costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-43	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
3,116	2,795	2,863	2,901	2,875	2,924	2,560	2,177	1,819	1,450	1,402	1,405	1,549	1,488	1,502	1,519	1,349	1,405	1,389	1,352	1,329	1,314	1,286	1,282	1,280	1,264	1,265	1,260	1,251	1,239	1,210	1,190	1,169	1,148	1,170	1,175	1,176	1,187	1,191	1,197	0	0	0
Income (loss) from operations
-93	275	275	287	330	181	84	86	87	230	303	308	154	212	162	130	290	209	218	242	229	213	196	186	183	202	208	210	207	195	192	185	185	199	215	225	230	235	201	185	0	0	0
Non-operating income (expense), net
5	12	25	24	23	12	7	0	-5	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net
-151	-153	-167	-170	-172	-179	-133	-97	-60	-19	-19	-18	-18	-19	-19	-20	-20	-20	-20	-19	-17	-15	-13	-12	-11	-11	-12	-13	11	11	11	12	14	14	13	12	-6	0	10	18	0	0	0
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Earnings (loss) from continuing operations before income taxes
-239	134	133	140	181	15	-41	-9	22	213	285	290	135	192	142	110	269	188	197	222	211	197	182	174	172	191	195	197	192	181	178	172	173	187	203	212	217	220	184	166	0	0	0
Income Tax Expense (Benefit)
-20	35	8	11	32	-10	-138	-123	-118	-62	97	101	80	96	85	76	102	77	79	85	77	69	63	60	65	73	73	73	73	69	71	68	66	70	76	80	83	84	71	60	0	0	0
Earnings (loss) from continuing operations
-218	99	125	129	149	25	96	114	137	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	131	0	0	0	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-34	-44	-89	-82	-73	-83	-13	-14	-14	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4	0	0	0	-	-	-	-
Net earnings
-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net earnings attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
-253	54	35	46	0	0	0	-	0	0	-	188	55	96	56	33	167	111	118	136	134	127	118	113	106	117	122	123	119	111	107	104	104	114	123	127	130	132	111	103	0	0	0
Earnings (loss) attributable to common shareholders
-332	-23	-43	-32	-2	-130	30	66	109	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic earnings (loss) per share attributable to common shareholders
Basic earnings per share for continuing operations (in usd per share)
-6.76	0.93	-0.17	-0.51	0.20	1.50	-0.07	-0.09	-2.41	3.55	0.75	-	0.89	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.72	0.69	0.90	0.58	-	-	-	-
Basic earnings per share for discontinued operations (in usd per share)
0.11	-0.54	-0.13	-0.21	-0.10	-1.53	0.01	0.01	-0.33	0.00	0.00	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.06	-0.01	-0.01	-0.01	-	-	-	-
Basic earnings (loss) per common share (in usd per share)
-6.65	0.39	-0.30	-0.72	0.10	-0.03	-0.06	-0.08	-2.74	3.55	0.75	0.97	0.89	1.61	0.76	-2.03	1.81	0.73	0.25	0.95	0.57	0.89	0.66	0.91	0.41	0.68	0.54	0.76	0.66	0.80	0.56	0.68	0.47	0.70	0.48	0.66	0.68	0.89	0.57	0.74	0.73	0.42	0.41
Basic average common shares outstanding (in shares)
45	45	45	45	45	45	45	44	45	44	44	44	44	44	44	44	44	44	44	44	44	44	44	44	44	44	44	44	44	44	44	44	44	44	45	45	45	45	45	45	45	45	45
Diluted earnings (loss) per share attributable to common shareholders
Diluted earnings per share for continuing operations (in usd per share)
-6.76	0.91	-0.17	-0.47	0.20	1.46	-0.07	-0.02	-2.41	3.49	0.73	-	0.87	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.73	0.68	0.89	0.57	-	-	-	-
Diluted earnings per share for discontinued operations (in usd per share)
0.11	-0.51	-0.13	-0.26	-0.10	-1.47	0.01	0.01	-0.33	0.00	0.00	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.06	-0.01	-0.01	-0.01	-	-	-	-
Diluted earnings (loss) per common share (in usd per share)
-6.65	0.40	-0.30	-0.73	0.10	-0.01	-0.06	-0.01	-2.74	3.49	0.73	0.96	0.87	1.58	0.75	-2.00	1.79	0.72	0.24	0.94	0.56	0.87	0.65	0.89	0.41	0.67	0.53	0.75	0.65	0.79	0.55	0.66	0.47	0.70	0.48	0.67	0.67	0.88	0.56	0.73	0.73	0.42	0.40
Diluted average common shares outstanding (in shares)
45	47	45	44	45	47	45	44	45	45	45	45	45	45	45	45	45	45	45	45	45	45	45	45	45	45	45	45	45	44	45	44	45	45	45	45	45	45	45	45	45	45	45
Dividends paid per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	0.52	0.49	0.49	0.49	0.49	0.45	0.45	0.45	0.45	0.43	0.43	0.43	0.43	0.40	0.40	0.40	0.40	0.38	0.38	0.38	0.38	0.38	0.25	0.25	0.25	0.23	0.23	0.23	0.23	0.22	0.22
Advertising [Member]
Total revenues
1,539	1,575	1,640	1,686	1,711	1,667	1,407	1,190	995	882	917	934	935	946	921	914	913	897	897	896	869	845	797	778	778	791	815	823	829	826	792	769	748	742	772	792	804	818	792	779	0	0	0
Consumer related
Total revenues
1,350	1,369	1,388	1,393	1,399	1,316	1,099	921	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Revenue [Member]
Total revenues
132	126	109	108	95	123	139	152	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-