Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
---|---|---|---|---|---|---|---|---|---|---|---|
Net sales | |||||||||||
2,430 | 2,507 | 2,266 | 2,055 | 2,100 | 2,364 | 2,158 | 2,189 | 2,417 | 2,059 | 1,547 | 2,558 |
Cost of Goods and Services Sold | |||||||||||
2,035 | 2,150 | 1,940 | 1,723 | 1,809 | 2,043 | 1,862 | 1,904 | 2,115 | 1,774 | 1,327 | 2,233 |
Depreciation and amortization | |||||||||||
42 | 39 | 33 | 35 | 34 | 33 | 32 | 31 | 36 | 40 | 41 | 44 |
Selling, general, and administrative expense | |||||||||||
162 | 148 | 140 | 135 | 130 | 131 | 134 | 129 | 135 | 131 | 116 | 136 |
Gain (Loss) on Disposition of Assets | |||||||||||
0 | 0 | 1 | 0 | - | - | - | - | - | - | - | - |
Asset Impairment Charges | |||||||||||
0 | 0 | 1 | 6 | 0 | 0 | 4 | 0 | 0 | - | 29 | 18 |
Insurance settlements | |||||||||||
- | - | - | - | - | - | 106 | 1 | 0 | 22 | 0 | - |
Gain on sale of assets | |||||||||||
- | - | - | - | 15 | 6 | 39 | 0 | 0 | - | - | - |
Litigation settlements | |||||||||||
- | - | - | - | - | - | - | -4 | -10 | 0 | 0 | - |
Severance Costs | |||||||||||
-0 | -3 | 0 | 0 | 3 | 7 | 0 | 3 | 0 | 0 | - | - |
Insurance gain | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 |
Operating income | |||||||||||
191 | 172 | 150 | 154 | 137 | 153 | 270 | 126 | 139 | 136 | 32 | 126 |
Interest expense | |||||||||||
25 | 25 | 19 | 7 | 7 | 5 | 3 | 6 | 11 | 11 | 9 | 19 |
Environmental expense | |||||||||||
1 | 1 | 7 | 1 | 0 | - | - | - | - | - | - | - |
Other Nonoperating Income (Expense) | |||||||||||
1 | 3 | 2 | 0 | 2 | -0 | 4 | 0 | 1 | -2 | 0 | 13 |
Income before income taxes | |||||||||||
166 | 150 | 126 | 146 | 131 | 148 | 271 | 120 | 130 | 121 | 23 | 120 |
Income Tax Expense (Benefit) | |||||||||||
35 | 30 | 37 | 48 | 43 | 45 | 98 | 36 | 43 | 34 | 17 | 38 |
Income (Loss) from Equity Method Investments | |||||||||||
-24 | -12 | -2 | 1 | 0 | 0 | - | - | - | - | - | - |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||||
106 | 106 | 87 | 99 | 88 | 102 | 173 | 83 | 87 | 87 | 5 | 82 |
Net income attributable to noncontrolling interests | |||||||||||
5 | 2 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 1 |
Net Income (Loss) Attributable to Parent | |||||||||||
100 | 104 | 85 | 99 | 87 | 101 | 172 | 82 | 86 | 86 | 4 | 80 |
Weighted average shares for basic earnings per share (in shares) | |||||||||||
55 | 56 | 56 | 56 | 56 | 56 | 55 | 70 | 37 | 37 | 37 | 37 |
Effect of dilutive stock-based awards (in shares) | |||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Adjusted weighted average shares for diluted earnings per share (in shares) | |||||||||||
56 | 57 | 57 | 57 | 56 | 56 | 56 | 71 | 38 | 37 | 37 | 37 |
Basic earnings per share (in dollars per share) | |||||||||||
1.81 | 1.84 | 1.50 | 1.76 | 1.56 | 1.81 | 3.10 | 1.17 | 2.28 | 2.29 | 0.13 | 2.18 |
Diluted earnings per share (in dollars per share) | |||||||||||
1.79 | 1.82 | 1.49 | 1.74 | 1.54 | 1.79 | 3.06 | 1.15 | 2.26 | 2.28 | 0.12 | 2.17 |
Dividends per share (in dollars per share) | |||||||||||
0.40 | 0.40 | 8.40 | 0.37 | 0.30 | 0.30 | 0.25 | 0.21 | 0.40 | 0.40 | 0.40 | 0.40 |