Mallinckrodt plc MNK Income Statement

Mallinckrodt plc (MNK)

Income statement / Quarterly

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	Jun'12
Net sales
665,800	804,900	743,700	823,300	790,600	834,900	799,900	825,500	755,300	1,460,900	600,600	600,100	560,000	829,900	887,200	866,600	815,800	811,200	458,600	877,300	819,000	768,200	-100,800	653,100	557,800	540,200	53,000	570,000	585,300	504,000	516,300
Cost of sales
382,000	431,800	419,400	434,400	455,500	471,600	433,500	431,500	407,800	755,800	268,000	280,400	259,900	383,200	397,000	377,800	390,700	360,000	207,200	373,500	356,100	363,400	-182,900	368,800	295,200	284,600	3,500	304,200	311,800	270,500	273,100
Gross profit
283,800	373,100	324,300	388,900	335,100	363,300	366,400	394,000	347,500	705,100	332,600	319,700	300,100	446,700	490,200	488,800	425,100	451,200	251,400	503,800	462,900	404,800	82,100	284,300	262,600	255,600	49,500	265,800	273,500	233,500	243,200
Selling, general and administrative expenses
231,100	169,200	205,700	225,900	230,200	239,600	193,400	189,900	211,200	231,200	186,300	214,600	217,600	321,100	267,800	224,900	209,300	221,800	196,300	295,000	308,400	224,100	49,400	221,300	194,100	146,200	21,500	166,900	160,700	146,800	137,200
Research and development expenses
77,400	81,400	103,100	79,600	85,300	100,400	86,100	92,600	82,000	132,700	46,900	52,300	45,000	66,100	67,900	74,800	58,100	61,300	32,700	59,900	58,000	52,700	17,400	42,700	41,400	39,000	35,500	44,800	39,200	38,400	35,200
Restructuring charges, net
-1,800	-12,900	7,200	-200	4,200	1,200	14,800	58,800	28,200	4,900	15,400	600	10,300	3,800	6,800	14,000	8,400	4,100	11,600	22,700	3,500	7,200	14,500	23,800	21,700	8,000	5,800	11,300	6,400	200	5,000
Losses on divestiture
200	-	0	-	0	-	600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Separation Costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	1,800	2,600	2,200	3,600	44,200	14,400	12,000	7,200
Non-restructuring impairment charges
-	-	0	113,500	-	-	2,000	0	-	-	-	-	-	214,300	0	0	16,900	0	-	0	0	-	-	-	-	-	-	-	-	-	-
Losses (gains) on divestiture
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Opioid-related litigation settlement (Note 11)
-16,800	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Nonoperating Gains (Losses)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	900	900	-	-	-	-	-	-	-	-	-	-
Losses (gains) on divestiture
-	-	-	-	-	-	-	-	-	-	-400	-2,100	59,100	-	0	0	0	-	-	-	-	800	300	900	900	12,900	700	800	700	700	800
Operating Income (Loss)
-6,300	-1,816,000	8,300	-29,900	15,400	-3,869,200	69,500	52,700	26,100	272,900	83,600	50,100	86,300	-158,600	147,700	175,100	132,400	-164,000	11,200	127,100	93,900	121,600	-29,000	-4,400	3,700	73,100	-16,200	-600	53,500	36,800	59,400
Interest expense
74,500	77,200	77,600	71,500	82,700	90,100	93,600	95,100	91,400	90,100	92,600	92,200	94,200	91,300	94,000	95,600	97,200	97,800	76,900	72,500	57,400	48,800	37,700	22,700	12,400	9,800	9,900	9,400	100	100	100
Interest income
3,500	2,900	2,900	2,200	1,500	1,600	2,000	1,400	3,200	1,800	1,300	600	900	500	500	400	200	200	300	200	400	100	400	300	500	300	200	0	100	0	100
Other income, net
1,700	-65,000	37,900	74,400	16,300	4,600	13,400	-200	4,600	-4,500	3,000	6,300	-79,900	-49,100	-600	-1,300	-700	100	100	-400	4,200	4,200	4,000	100	-400	-600	-900	2,100	0	200	100
Loss from continuing operations before income taxes
-75,600	-1,488,700	-28,500	-24,800	-49,500	-3,944,600	-8,700	-41,200	-57,500	188,400	-4,700	-35,200	-86,900	-298,500	53,600	78,600	34,700	66,500	-65,300	54,400	41,100	77,100	-62,300	-26,700	-8,600	63,000	-26,800	-7,900	53,500	36,900	59,500
Income tax benefit
-18,900	-327,700	-27,600	-24,300	-204,700	-226,200	-122,900	-44,400	-36,600	-1,556,200	-57,800	-53,600	-42,000	-121,700	-56,400	-98,100	-63,800	-37,300	-83,700	-1,200	-34,100	-10,300	-6,500	-2,400	-20,300	16,600	-8,400	19,800	19,000	17,100	24,400
(Loss) income from continuing operations
-56,700	-1,161,000	-900	-500	155,200	-3,718,400	114,200	3,200	-20,900	1,744,600	53,100	18,400	-44,900	-176,800	110,000	176,700	98,500	103,800	18,400	55,600	75,200	87,400	-55,800	-24,300	11,700	46,400	-18,400	-27,700	34,500	19,800	35,100
Income (loss) from discontinued operations, net of income taxes
6,500	3,900	-200	7,300	-300	0	-400	12,400	2,900	-135,900	10,600	44,400	444,100	23,600	5,000	22,600	19,800	107,300	56,800	2,400	23,600	5,300	-296,600	200	-100	-800	51,900	-200	-500	-600	-1,900
Net (loss) income
-50,200	-1,157,100	-1,100	6,800	154,900	-3,718,400	113,800	15,600	-18,000	1,608,700	63,700	62,800	399,200	-153,200	115,000	199,300	118,300	211,100	75,200	58,000	98,800	92,700	-352,400	-24,100	11,600	45,600	33,500	-27,900	34,000	19,200	33,200
Basic (loss) earnings per share (Note 5):
Income (loss) from continuing operations, per share
-0.67	-13.84	-0.01	-0.01	1.86	-44.29	1.37	0.04	-0.24	17.82	0.55	0.19	-0.43	-1.67	1.02	1.63	0.89	0.90	0.17	0.47	0.64	0.75	-0.92	-0.42	0.20	0.80	-0.32	-0.48	0.60	0.34	0.61
Income from discontinued operations, per share
0.08	0.04	0.00	0.09	0.00	0.00	0.00	0.15	0.03	-1.14	0.11	0.45	4.30	0.22	0.05	0.21	0.18	0.93	0.48	0.02	0.20	0.05	-4.57	0.00	0.00	-0.01	0.90	0.00	-0.01	-0.01	-0.03
Net income, per share
-0.60	-	-0.01	0.08	1.86	-	1.37	0.19	-0.21	-	0.66	0.64	3.86	-1.45	1.07	1.84	1.06	1.83	0.63	0.50	0.85	0.80	-5.50	-0.41	0.20	0.79	0.58	-0.48	0.59	0.33	0.58
Basic weighted-averaged shares outstanding (in shares)
84,200	84,300	84,000	83,800	83,500	83,500	83,200	83,200	86,100	92,300	96,700	98,500	103,300	105,700	107,600	108,600	111,100	115,400	116,500	116,300	115,600	114,800	85,100	58,500	58,200	57,800	57,700	57,700	57,700	57,700	57,700
Diluted (loss) earnings per share (Note 5):
Income (loss) from continuing operations, per share
-0.67	-13.81	-0.01	-0.01	1.83	-44.26	1.34	0.04	-0.24	17.78	0.55	0.19	-0.43	-1.67	1.01	1.62	0.88	0.89	0.15	0.47	0.64	0.74	-0.91	-0.42	0.20	0.79	-0.32	-0.48	0.60	0.34	0.61
Income from discontinued operations, per share
0.08	0.04	0.00	0.09	0.00	0.00	0.00	0.15	0.03	-1.14	0.11	0.45	4.29	0.22	0.05	0.21	0.18	0.92	0.48	0.02	0.20	0.05	-4.57	0.00	0.00	-0.01	0.90	0.00	-0.01	-0.01	-0.03
Net income, per share
-0.60	-13.78	-0.01	0.08	1.83	-44.26	1.34	0.19	-0.21	16.65	0.66	0.64	3.85	-1.45	1.06	1.82	1.06	1.82	0.63	0.49	0.84	0.79	-5.49	-0.41	0.20	0.78	0.58	-0.48	0.59	0.33	0.58
Diluted weighted-average shares outstanding (in shares)
84,200	83,200	84,000	83,800	84,600	81,400	85,000	83,500	86,100	92,300	97,000	98,700	103,600	105,700	108,600	109,400	112,000	116,300	117,500	117,800	117,200	116,300	83,600	58,500	59,100	58,400	58,100	57,700	57,700	57,700	57,700
Retained Earnings (Deficit)
Net (loss) income
-50,200	-	-1,100	-	154,900	-	113,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-