Mercer international inc. (MERC)
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'13
Revenues

1,491,060

1,624,411

1,705,464

1,652,986

1,573,765

1,457,718

1,383,179

1,357,619

1,294,264

1,169,145

1,053,153

985,596

920,564

931,623

947,757

980,709

1,029,500

1,033,204

1,078,001

1,108,718

1,126,974

1,175,112

1,175,169

1,142,777

1,132,285

1,088,385

0

0

0

Pulp

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

942,209

-

988,609

1,016,427

1,029,783

1,073,632

1,073,493

1,043,191

1,036,875

996,187

0

0

0

Energy and chemicals

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

87,291

-

89,392

92,291

97,191

101,480

101,676

99,586

95,410

92,198

0

0

0

Costs and expenses
Cost of sales, excluding depreciation and amortization

1,273,403

1,340,380

1,271,033

1,186,148

1,120,849

1,032,101

989,376

988,308

947,708

866,019

782,272

733,455

676,148

700,494

716,069

733,451

765,517

753,523

785,859

811,184

836,356

887,712

927,925

925,254

939,152

920,832

0

0

0

Cost of sales depreciation and amortization

128,576

125,801

121,084

112,347

103,215

96,288

92,000

91,371

88,986

84,893

80,871

76,226

73,560

71,476

69,984

68,951

67,489

67,761

69,478

71,902

75,277

77,675

78,982

79,062

78,561

78,309

0

0

0

Gross profit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Selling, general and administrative expenses

74,568

74,227

72,241

68,786

64,330

61,462

58,250

56,071

54,314

49,679

47,713

45,459

42,486

44,529

42,834

45,226

46,641

46,236

48,804

47,618

48,855

47,927

49,334

50,560

49,861

51,169

0

0

0

Restructuring expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Operating income

14,513

84,003

241,106

285,705

285,371

267,867

243,553

221,869

203,256

168,554

142,297

130,456

128,370

115,124

118,870

133,081

149,853

165,684

173,860

178,014

166,486

161,798

116,368

81,486

58,296

31,660

0

0

0

Other income (expenses)
Interest expense

77,283

75,750

70,595

64,141

57,900

51,464

50,056

51,840

53,032

54,796

53,569

52,847

52,263

51,575

51,974

52,458

53,198

53,891

56,080

60,261

63,950

67,516

69,443

69,241

69,246

69,156

0

0

0

Loss on settlement of debt (Note 9(a))

-

-

0

0

-

-21,515

-21,515

-21,515

-21,515

-10,696

-10,696

-10,696

-10,696

-454

0

0

0

-

-

-

-

-

0

-

-

-

0

-

-

Legal cost award

-

-

0

0

-

6,951

6,951

6,951

6,951

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign exchange gain on intercompany debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,859

-

-12,574

-9,376

-11,456

-4,777

0

0

0

-

-

-

-

Gain (loss) on derivative instruments (Note 13)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,749

11,501

13,003

12,201

16,573

19,709

0

0

0

Other income (expenses)

3,019

6,084

-1,612

-2,758

-4,141

-5,417

46

-69

200

873

-2,986

-2,607

-3,153

-3,631

-6,944

-7,347

-6,870

-6,842

2,961

3,129

3,097

3,186

50

506

478

311

0

0

0

Total other expenses, net

-79,014

-74,416

-77,457

-72,149

-67,291

-90,597

-78,476

-80,375

-81,298

-64,619

-67,806

-66,705

-66,667

-55,660

-53,861

-54,768

-52,833

-60,733

-89,061

-60,934

-64,422

-57,606

-27,000

-55,817

-51,360

-48,232

0

0

0

Income before provision for income taxes

-64,501

9,587

163,649

213,556

218,080

177,270

165,077

141,494

121,958

103,935

74,491

63,751

61,703

59,464

65,009

78,313

97,020

104,951

84,799

117,080

102,064

104,192

89,368

25,669

6,936

-16,572

0

0

0

Provision for income taxes

146

19,226

55,558

65,496

63,524

48,681

39,779

36,229

35,552

33,452

27,006

28,247

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Current income tax provision (Note 6)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,335

-

11,899

10,216

8,472

5,242

3,011

3,285

2,155

-2,286

0

0

0

Deferred income tax provision (Note 6)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,048

-

15,889

-18,206

-17,831

-22,016

-19,813

10,359

7,746

11,482

0

0

0

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

120,966

106,170

12,025

-2,965

-25,768

0

0

0

Less: net income attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,812

6,054

3,212

1,808

607

0

0

0

Net income (loss)

-64,647

-9,639

108,091

148,060

154,556

128,589

125,298

105,265

86,406

70,483

47,254

38,037

35,900

34,943

38,150

49,984

70,637

75,502

57,011

121,588

105,747

113,154

100,116

8,813

-4,773

-26,375

0

0

0

Net income (loss) per common share
Basic and diluted

-

-

-

0.16

-

-

-

0.26

-

-

-

-0.03

0.15

-

-

-0.07

0.14

-

-

-

0.21

-

-

-

-

-

-

-0.23

-

Basic

-0.05

-

0.02

-

0.79

-

0.63

-

0.39

-

0.33

-

-

-

0.18

-

-

-

0.37

0.25

-

0.05

1.38

0.01

0.38

-

-0.05

-

-0.01

Diluted

-0.05

-

0.02

-

0.78

-

0.63

-

0.39

-

0.32

-

-

-

0.18

-

-

-

0.37

0.25

-

0.06

1.37

0.01

0.37

-

-0.05

-

-0.01

Dividends declared per common share

0.13

0.13

0.13

0.13

0.12

0.12

0.12

0.12

0.12

0.12

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.00

0.00

-

0.00

-

-

-

-

-

-