Modine manufacturing co (MOD)
Income statement / Quarterly
Dec'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'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10
Net sales

473,400

500,200

529,000

556,700

541,000

548,900

566,100

566,600

512,700

508,300

515,500

488,300

349,800

317,700

347,200

343,700

328,700

334,000

346,100

363,000

363,600

377,300

392,500

390,600

347,000

364,200

375,800

359,600

326,100

339,900

350,400

388,747

373,300

397,290

417,863

396,723

360,043

345,902

345,532

Cost of sales

399,900

424,500

445,600

465,100

449,300

461,000

471,800

470,100

427,300

422,200

427,000

403,200

290,800

269,700

284,900

271,400

270,100

288,300

289,100

300,300

304,200

320,600

324,800

328,300

290,200

307,000

313,900

303,400

277,900

287,400

298,700

324,423

313,200

334,916

348,061

335,715

303,496

290,133

286,556

Gross profit

73,500

75,700

83,400

91,600

91,700

87,900

94,300

96,500

85,400

86,100

88,500

85,100

59,000

48,000

62,300

72,300

58,600

45,700

57,000

62,700

59,400

56,700

67,700

62,300

56,800

57,200

61,900

56,200

48,200

52,500

51,700

64,324

60,100

62,374

69,802

61,008

56,547

55,769

58,976

Selling, general and administrative expenses

63,500

67,400

63,500

64,200

57,200

63,400

59,300

63,600

60,800

62,200

59,200

60,100

50,700

48,200

44,200

7,100

43,300

76,800

42,800

48,700

45,200

47,800

42,800

48,800

44,500

46,000

42,400

39,500

42,300

41,300

43,200

46,123

40,700

50,176

49,601

49,577

47,405

46,718

42,200

Restructuring expenses

2,600

2,300

1,800

8,900

500

0

200

4,500

9,400

400

1,700

4,900

1,600

2,100

2,300

11,400

1,600

1,000

2,600

1,000

1,900

1,000

800

5,600

9,400

600

500

9,700

1,400

1,300

4,600

-

0

0

-

-

-

-

-

Asset impairment charges

0

-

-

-

400

-

-

-

1,300

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

2,000

-

-

-

8,300

16,700

-

-

2,200

0

-

-

-

-

-

(Gain) loss on sale of assets

800

0

-

-

0

-1,700

-

-

0

0

-

-

0

1,200

-

-

0

0

-

-

3,200

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring expense (income)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-57

-

-

-

-

Operating income

8,200

6,000

18,100

18,500

33,600

22,800

34,800

27,200

13,900

23,500

27,600

20,900

6,700

-1,100

15,800

43,900

13,700

-32,100

11,600

5,200

15,500

7,900

24,100

6,700

900

10,600

19,000

6,100

-3,800

-6,800

3,900

17,844

17,200

12,198

20,258

7,931

9,142

9,051

16,776

Interest expense

5,600

5,800

5,900

5,900

6,200

6,500

6,200

6,100

6,300

6,600

6,600

6,700

4,500

3,000

3,000

2,900

2,700

2,700

2,800

2,800

2,800

3,000

3,100

3,000

3,200

3,200

3,000

3,400

2,800

3,400

3,000

3,313

2,900

3,297

2,990

3,461

2,602

23,529

4,108

Other income (expense) - net

100

-1,300

-1,100

-2,000

-500

-500

-1,100

-1,000

-300

-1,100

-900

-1,500

-1,000

-900

-900

-35,400

-400

-100

0

500

-600

500

-200

0

-300

0

-500

200

-300

200

100

384

-1,600

-6,223

339

1,409

179

5,610

-3,598

Earnings before income taxes

2,700

-1,100

11,100

10,600

26,900

15,800

27,500

20,100

7,300

15,800

20,100

12,700

1,200

-5,000

11,900

5,600

10,600

-34,900

8,800

2,900

12,100

5,400

20,800

3,700

-2,600

7,400

15,500

2,900

-6,900

-10,000

1,000

14,915

12,700

2,678

17,607

5,878

6,719

-8,868

9,071

(Provision) benefit for income taxes

1,700

3,700

2,900

4,200

8,600

-22,900

5,000

2,100

35,200

-500

2,700

4,600

-700

-1,000

3,000

-2,200

2,400

-12,400

3,300

5,900

3,000

3,400

6,700

-116,000

800

2,400

4,900

4,400

1,500

1,900

2,000

-719

3,900

1,678

5,041

-5,500

1,134

4,822

4,044

Earnings (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,100

-

-

-

-3,400

-

-

-

-

-11,900

-1,000

15,634

8,800

1,000

12,566

11,379

5,585

-13,690

5,026

Earnings from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

600

-

-

-

0

-

-

-

-

0

100

127

300

373

0

-134

-34

-2,900

-32

Loss on sale of discontinued operations (net of income taxes)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-70

-6

Net earnings

1,000

-4,800

8,200

6,400

18,300

38,700

22,500

18,000

-27,900

16,300

17,400

8,100

1,900

-4,000

8,900

7,800

8,200

-22,500

5,500

-3,000

9,700

2,000

14,100

119,700

-3,400

5,000

10,600

-1,600

-8,400

-11,900

-900

15,761

9,100

1,373

12,566

11,321

5,551

-16,660

4,988

Net loss (earnings) attributable to noncontrolling interest

-200

-100

200

100

300

200

500

400

400

400

400

100

200

100

300

200

0

0

400

200

100

300

400

300

200

400

600

500

300

300

300

171

100

38

-9

0

0

0

0

Net earnings attributable to Modine

1,200

-4,700

8,000

6,300

18,000

38,500

22,000

17,600

-28,300

15,900

17,000

8,000

1,700

-4,100

8,600

7,600

8,200

-22,500

5,100

-3,200

9,600

1,700

13,700

119,400

-3,600

4,600

10,000

-2,100

-8,700

-12,200

-1,200

15,590

9,000

1,335

12,575

11,321

5,551

-16,660

4,988

Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.19

-

-

-

-0.08

-

-

-

-

-0.26

-0.03

0.34

0.18

0.02

0.27

0.25

0.12

-0.30

0.11

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.19

-

-

-

-0.08

-

-

-

-

-0.26

-0.03

0.33

0.18

0.02

0.27

0.25

0.12

-0.30

0.11

Earnings Per Share [Abstract]
Net earnings per share - basic (in dollars per share)

0.02

-0.09

0.16

0.12

0.36

0.76

0.43

0.35

-0.57

0.32

0.34

0.16

0.04

-0.09

0.18

0.16

0.17

-0.47

0.11

-0.07

0.20

0.04

0.29

2.52

-0.08

0.10

0.21

-0.04

-0.19

-0.26

-0.03

0.34

0.19

0.03

0.27

0.24

0.12

-0.36

0.11

Net earnings per share - diluted (in dollars per share)

0.02

-0.09

0.16

0.12

0.35

0.75

0.43

0.35

-0.57

0.31

0.34

0.16

0.04

-0.09

0.18

0.16

0.17

-0.47

0.11

-0.07

0.20

0.04

0.28

2.49

-0.08

0.10

0.21

-0.04

-0.19

-0.26

-0.03

0.33

0.19

0.03

0.27

0.24

0.12

-0.36

0.11

Weighted-average shares outstanding:
Weighted-average shares outstanding - basic (in shares)

50,800

50,800

50,700

50,700

50,500

50,500

50,300

50,300

50,000

49,800

49,500

49,300

47,900

47,100

46,900

47,100

47,400

47,400

47,300

47,400

47,200

47,200

47,000

47,200

46,900

46,800

46,700

46,600

46,700

46,600

46,500

-

46,500

46,477

-

-

-

-

-

Weighted-average shares outstanding - diluted (in shares)

51,100

50,800

51,100

51,400

51,200

51,400

51,200

52,800

50,000

50,700

50,100

50,400

48,500

47,100

47,200

46,200

47,800

47,400

47,800

48,100

47,700

47,700

47,700

48,600

46,900

47,600

47,300

46,600

46,700

46,600

46,500

-

46,800

46,858

-

-

-

-

-