| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | |||||||||||||||||||||||||||||||||||||||||
3,966,000 | 4,251,000 | 4,388,000 | 4,440,000 | 4,403,000 | 4,313,000 | 4,178,000 | 4,020,000 | 3,811,000 | 3,551,000 | 3,347,000 | 3,153,000 | 3,074,000 | 3,089,000 | 3,199,000 | 3,324,000 | 3,392,000 | 3,435,000 | 3,505,000 | 3,585,000 | 3,655,000 | 3,745,000 | 3,766,000 | 3,713,000 | 3,727,000 | 3,681,000 | 3,672,000 | 3,744,000 | 3,864,000 | 4,116,000 | 4,384,000 | 4,649,000 | 4,808,000 | 4,824,000 | 4,622,000 | 4,301,000 | 3,995,000 | 3,687,000 | 3,530,000 | 0 | 0 | 0 |
Cost of sales | |||||||||||||||||||||||||||||||||||||||||
3,400,000 | 3,625,000 | 3,748,000 | 3,794,000 | 3,766,000 | 3,679,000 | 3,553,000 | 3,402,000 | 3,221,000 | 3,011,000 | 2,850,000 | 2,717,000 | 2,653,000 | 2,668,000 | 2,763,000 | 2,864,000 | 2,935,000 | 2,984,000 | 3,043,000 | 3,091,000 | 3,161,000 | 3,248,000 | 3,279,000 | 3,258,000 | 3,287,000 | 3,264,000 | 3,277,000 | 3,347,000 | 3,444,000 | 3,657,000 | 3,902,000 | 4,159,000 | 4,315,000 | 4,347,000 | 4,146,000 | 3,821,000 | 3,533,000 | 3,246,000 | 3,105,000 | 0 | 0 | 0 |
GROSS PROFIT | |||||||||||||||||||||||||||||||||||||||||
566,000 | 626,000 | 640,000 | 646,000 | 637,000 | 634,000 | 625,000 | 618,000 | 590,000 | 540,000 | 497,000 | 436,000 | 421,000 | 421,000 | 436,000 | 460,000 | 457,000 | 451,000 | 462,000 | 494,000 | 494,000 | 497,000 | 487,000 | 455,000 | 440,000 | 417,000 | 395,000 | 397,000 | 420,000 | 459,000 | 482,000 | 490,000 | 493,000 | 477,000 | 476,000 | 480,000 | 462,000 | 441,000 | 425,000 | 0 | 0 | 0 |
Selling, general and administrative | |||||||||||||||||||||||||||||||||||||||||
278,000 | 292,000 | 256,000 | 275,000 | 278,000 | 280,000 | 313,000 | 292,000 | 289,000 | 280,000 | 266,000 | 230,000 | 216,000 | 210,000 | 213,000 | 231,000 | 237,000 | 234,000 | 243,000 | 267,000 | 255,000 | 264,000 | 258,000 | 237,000 | 251,000 | 250,000 | 253,000 | 271,000 | 272,000 | 279,000 | 282,000 | 271,000 | 275,000 | 273,000 | 278,000 | 282,000 | 287,000 | 285,000 | 281,000 | 0 | 0 | 0 |
Income from WABCO distribution termination | |||||||||||||||||||||||||||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Pension settlement losses | |||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - |
Restructuring Charges | |||||||||||||||||||||||||||||||||||||||||
- | - | - | -2,000 | - | - | 6,000 | 8,000 | 5,000 | 8,000 | 6,000 | 11,000 | 17,000 | 15,000 | 16,000 | 10,000 | 13,000 | 14,000 | 16,000 | 22,000 | 13,000 | 12,000 | 10,000 | -3,000 | 9,000 | 18,000 | 23,000 | 38,000 | 29,000 | 21,000 | 39,000 | 37,000 | 41,000 | 43,000 | 22,000 | 20,000 | 14,000 | 9,000 | 6,000 | 0 | 0 | 0 |
Gain on sale of property | |||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | 0 | - | - | - | - | - | - |
Other operating income (expense), net | |||||||||||||||||||||||||||||||||||||||||
-29,000 | -18,000 | -13,000 | -4,000 | -1,000 | -13,000 | -14,000 | -14,000 | -14,000 | -5,000 | -7,000 | -5,000 | -5,000 | -6,000 | -3,000 | -6,000 | -5,000 | -2,000 | -1,000 | 2,000 | 0 | 0 | -2,000 | -3,000 | -2,000 | -3,000 | -3,000 | -3,000 | -4,000 | -4,000 | -4,000 | -3,000 | -2,000 | -3,000 | -2,000 | -8,000 | -8,000 | 0 | - | 0 | 0 | - |
OPERATING INCOME | |||||||||||||||||||||||||||||||||||||||||
516,000 | 308,000 | 363,000 | 368,000 | 355,000 | 337,000 | 292,000 | 304,000 | 282,000 | 247,000 | 218,000 | 190,000 | 183,000 | 190,000 | 204,000 | 139,000 | 128,000 | 127,000 | 128,000 | 207,000 | 226,000 | 221,000 | 217,000 | 145,000 | 69,000 | 37,000 | 7,000 | 49,000 | 131,000 | 171,000 | 173,000 | 195,000 | 175,000 | 158,000 | 174,000 | 176,000 | 153,000 | 141,000 | 132,000 | 0 | 0 | 0 |
Other income, net | |||||||||||||||||||||||||||||||||||||||||
44,000 | 39,000 | 40,000 | 32,000 | 31,000 | 30,000 | 26,000 | 14,000 | 6,000 | -2,000 | -9,000 | 1,000 | 0 | -2,000 | -1,000 | 1,000 | 0 | 4,000 | 5,000 | 3,000 | 4,000 | 2,000 | 0 | 0 | 0 | 0 | - | - | - | - | 7,000 | 13,000 | 17,000 | 14,000 | 10,000 | 4,000 | 0 | 0 | - | 0 | 0 | - |
Equity in earnings of ZF Meritor | |||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Equity in earnings of other ZF Meritor | |||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Equity in earnings of affiliates | |||||||||||||||||||||||||||||||||||||||||
28,000 | 28,000 | 31,000 | 31,000 | 31,000 | 31,000 | 27,000 | 36,000 | 41,000 | 43,000 | 48,000 | 42,000 | 37,000 | 36,000 | 36,000 | 37,000 | 38,000 | 40,000 | 39,000 | 0 | 0 | 0 | - | - | 40,000 | 41,000 | 42,000 | 45,000 | 42,000 | 46,000 | 52,000 | 60,000 | 69,000 | 72,000 | 70,000 | 66,000 | 57,000 | 52,000 | 48,000 | 0 | 0 | 0 |
Interest expense, net | |||||||||||||||||||||||||||||||||||||||||
-58,000 | -57,000 | -57,000 | -56,000 | -56,000 | -57,000 | -67,000 | -110,000 | -117,000 | -122,000 | -119,000 | -84,000 | -83,000 | -83,000 | -84,000 | -90,000 | -108,000 | -108,000 | -105,000 | -111,000 | -95,000 | -122,000 | -130,000 | -124,000 | -147,000 | -124,000 | -126,000 | -266,000 | -196,000 | -148,000 | -95,000 | -96,000 | -99,000 | -98,000 | -95,000 | 98,000 | 103,000 | 110,000 | 106,000 | 0 | 0 | 0 |
INCOME BEFORE INCOME TAXES | |||||||||||||||||||||||||||||||||||||||||
530,000 | 318,000 | 377,000 | 375,000 | 361,000 | 341,000 | 278,000 | 487,000 | 455,000 | 409,000 | 381,000 | 149,000 | 137,000 | 141,000 | 155,000 | 87,000 | 58,000 | 63,000 | 67,000 | 137,000 | 364,000 | 330,000 | 315,000 | 375,000 | 90,000 | 82,000 | 51,000 | -27,000 | 73,000 | 120,000 | 137,000 | 174,000 | 170,000 | 152,000 | 159,000 | 147,000 | 106,000 | 85,000 | 76,000 | 0 | 0 | 0 |
Provision for income taxes | |||||||||||||||||||||||||||||||||||||||||
120,000 | 74,000 | 82,000 | 87,000 | 92,000 | 87,000 | 149,000 | 153,000 | 138,000 | 129,000 | 52,000 | -416,000 | -419,000 | -425,000 | -424,000 | 4,000 | 2,000 | 1,000 | 1,000 | 19,000 | 25,000 | 27,000 | 31,000 | 77,000 | 66,000 | 65,000 | 64,000 | 26,000 | 37,000 | 47,000 | 57,000 | 57,000 | 73,000 | 77,000 | 77,000 | 86,000 | 79,000 | 58,000 | 48,000 | 0 | 0 | 0 |
INCOME FROM CONTINUING OPERATIONS | |||||||||||||||||||||||||||||||||||||||||
410,000 | 244,000 | 295,000 | 288,000 | 269,000 | 254,000 | 129,000 | 334,000 | 317,000 | 280,000 | 329,000 | 565,000 | 556,000 | 566,000 | 579,000 | 83,000 | 56,000 | 62,000 | 66,000 | 118,000 | 339,000 | 303,000 | 284,000 | 298,000 | 24,000 | 17,000 | -13,000 | -53,000 | 36,000 | 73,000 | 80,000 | 117,000 | 97,000 | 75,000 | 82,000 | 61,000 | 27,000 | 27,000 | 28,000 | 0 | 0 | 0 |
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, net of tax | |||||||||||||||||||||||||||||||||||||||||
3,000 | 1,000 | 1,000 | 0 | -3,000 | -2,000 | -3,000 | -3,000 | -2,000 | -2,000 | -1,000 | -1,000 | -1,000 | -2,000 | -4,000 | -4,000 | -5,000 | 0 | -1,000 | -27,000 | -28,000 | -32,000 | -30,000 | -5,000 | -3,000 | -3,000 | -7,000 | -4,000 | -4,000 | -13,000 | -17,000 | -26,000 | -35,000 | -15,000 | -2,000 | -10,000 | 3,000 | -2,000 | -2,000 | 0 | 0 | 0 |
NET INCOME | |||||||||||||||||||||||||||||||||||||||||
413,000 | 245,000 | 296,000 | 288,000 | 266,000 | 252,000 | 126,000 | 331,000 | 315,000 | 278,000 | 328,000 | 564,000 | 555,000 | 564,000 | 575,000 | 79,000 | 51,000 | 62,000 | 65,000 | 91,000 | 311,000 | 271,000 | 254,000 | 293,000 | 21,000 | 14,000 | -20,000 | -57,000 | 32,000 | 60,000 | 63,000 | 91,000 | 62,000 | 60,000 | 80,000 | 51,000 | 30,000 | 25,000 | 26,000 | 0 | 0 | 0 |
Less: Net income attributable to noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||
4,000 | 5,000 | 5,000 | 8,000 | 8,000 | 9,000 | 9,000 | 7,000 | 7,000 | 5,000 | 4,000 | 5,000 | 3,000 | 2,000 | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | 3,000 | 2,000 | 4,000 | 5,000 | 6,000 | 6,000 | 4,000 | 2,000 | 1,000 | 3,000 | 7,000 | 11,000 | 21,000 | 24,000 | 25,000 | 17,000 | 9,000 | 8,000 | 7,000 | 14,000 | 0 | 0 | 0 |
NET INCOME ATTRIBUTABLE TO MERITOR, INC. | |||||||||||||||||||||||||||||||||||||||||
409,000 | 240,000 | 291,000 | 280,000 | 258,000 | 243,000 | 117,000 | 324,000 | 308,000 | 273,000 | 324,000 | 559,000 | 552,000 | 562,000 | 573,000 | 78,000 | 50,000 | 61,000 | 64,000 | 88,000 | 309,000 | 267,000 | 249,000 | 287,000 | 15,000 | 10,000 | -22,000 | -58,000 | 29,000 | 53,000 | 52,000 | 78,000 | 46,000 | 43,000 | 63,000 | 34,000 | 14,000 | 10,000 | 12,000 | 0 | 0 | 0 |
NET INCOME (LOSS) ATTRIBUTABLE TO MERITOR, INC. | |||||||||||||||||||||||||||||||||||||||||
Net income from continuing operations | |||||||||||||||||||||||||||||||||||||||||
406,000 | 239,000 | 290,000 | 280,000 | 261,000 | 245,000 | 120,000 | 327,000 | 310,000 | 275,000 | 325,000 | 560,000 | 553,000 | 564,000 | 577,000 | 82,000 | 55,000 | 61,000 | 65,000 | 115,000 | 337,000 | 299,000 | 279,000 | 292,000 | 18,000 | 13,000 | -15,000 | -54,000 | 33,000 | 66,000 | 69,000 | 104,000 | 81,000 | 58,000 | 65,000 | 44,000 | 11,000 | 12,000 | 14,000 | 0 | 0 | 0 |
Income (loss) from discontinued operations | |||||||||||||||||||||||||||||||||||||||||
3,000 | 1,000 | 1,000 | 0 | -3,000 | -2,000 | -3,000 | -3,000 | -2,000 | -2,000 | -1,000 | -1,000 | -1,000 | -2,000 | -4,000 | -4,000 | -5,000 | 0 | -1,000 | -27,000 | -28,000 | -32,000 | -30,000 | -5,000 | -3,000 | -3,000 | -7,000 | -4,000 | -4,000 | -13,000 | -17,000 | -26,000 | -35,000 | -15,000 | -2,000 | -10,000 | 3,000 | -2,000 | -2,000 | 0 | 0 | 0 |
Net Income (Loss) Attributable to Parent | |||||||||||||||||||||||||||||||||||||||||
409,000 | 240,000 | 291,000 | 280,000 | 258,000 | 243,000 | 117,000 | 324,000 | 308,000 | 273,000 | 324,000 | 559,000 | 552,000 | 562,000 | 573,000 | 78,000 | 50,000 | 61,000 | 64,000 | 88,000 | 309,000 | 267,000 | 249,000 | 287,000 | 15,000 | 10,000 | -22,000 | -58,000 | 29,000 | 53,000 | 52,000 | 78,000 | 46,000 | 43,000 | 63,000 | 34,000 | 14,000 | 10,000 | 12,000 | 0 | 0 | 0 |
BASIC EARNINGS (LOSS) PER SHARE | |||||||||||||||||||||||||||||||||||||||||
Continuing operations (in usd per share) | |||||||||||||||||||||||||||||||||||||||||
3.27 | 0.50 | 0.53 | 1.02 | 0.88 | 1.06 | 0.37 | 0.76 | 0.64 | -0.40 | 2.72 | 0.55 | 0.25 | 0.17 | 5.27 | 0.47 | 0.36 | 0.30 | -0.21 | 0.15 | 0.40 | 0.33 | 0.30 | 2.43 | 0.01 | 0.12 | 0.44 | -0.38 | -0.04 | -0.17 | - | 0.51 | 0.30 | - | 0.42 | 0.28 | 0.06 | -0.07 | - | -0.06 | 0.09 | - |
Discontinued operations (in usd per share) | |||||||||||||||||||||||||||||||||||||||||
0.01 | 0.00 | 0.01 | 0.01 | -0.01 | 0.00 | 0.00 | -0.02 | 0.00 | -0.01 | 0.00 | -0.01 | 0.00 | 0.00 | 0.00 | -0.01 | -0.01 | -0.02 | 0.00 | -0.02 | 0.04 | -0.03 | -0.27 | -0.03 | 0.00 | -0.01 | -0.01 | -0.01 | 0.00 | -0.05 | - | -0.01 | -0.09 | - | -0.08 | -0.10 | 0.12 | 0.04 | - | 0.03 | 0.07 | - |
Basic earnings per share (in usd per share) | |||||||||||||||||||||||||||||||||||||||||
3.28 | 0.50 | 0.54 | 1.03 | 0.87 | 1.06 | 0.37 | 0.74 | 0.64 | -0.41 | 2.72 | 0.54 | 0.25 | 0.17 | 5.27 | 0.46 | 0.35 | 0.28 | -0.21 | 0.13 | 0.44 | 0.30 | 0.03 | 2.40 | 0.01 | 0.11 | 0.43 | -0.39 | -0.04 | -0.22 | - | 0.50 | 0.21 | - | 0.34 | 0.18 | 0.18 | -0.03 | - | -0.03 | 0.16 | - |
DILUTED EARNINGS (LOSS) PER SHARE | |||||||||||||||||||||||||||||||||||||||||
Continuing operations (in usd per share) | |||||||||||||||||||||||||||||||||||||||||
3.19 | 0.48 | 0.49 | 0.99 | 0.85 | 1.03 | 0.35 | 0.73 | 0.63 | -0.40 | 2.67 | 0.52 | 0.24 | 0.17 | 5.15 | 0.46 | 0.36 | 0.30 | -0.20 | 0.15 | 0.38 | 0.32 | 0.34 | 2.34 | 0.01 | 0.12 | 0.44 | -0.38 | -0.04 | -0.17 | - | 0.51 | 0.30 | - | 0.40 | 0.28 | 0.06 | -0.07 | - | -0.06 | 0.09 | - |
Discontinued operations (in usd per share) | |||||||||||||||||||||||||||||||||||||||||
0.01 | 0.00 | 0.01 | 0.01 | -0.01 | 0.00 | 0.00 | -0.02 | 0.00 | -0.01 | 0.00 | -0.01 | 0.00 | 0.00 | 0.00 | -0.01 | -0.01 | -0.02 | 0.00 | -0.02 | 0.04 | -0.03 | -0.26 | -0.03 | 0.00 | -0.01 | -0.01 | -0.01 | 0.00 | -0.05 | - | -0.01 | -0.09 | - | -0.08 | -0.10 | 0.12 | 0.04 | - | 0.03 | 0.07 | - |
Diluted earnings per share (in usd per share) | |||||||||||||||||||||||||||||||||||||||||
3.20 | 0.48 | 0.50 | 1.00 | 0.84 | 1.03 | 0.35 | 0.71 | 0.63 | -0.41 | 2.67 | 0.51 | 0.24 | 0.17 | 5.15 | 0.45 | 0.35 | 0.28 | -0.20 | 0.13 | 0.42 | 0.29 | 0.08 | 2.31 | 0.01 | 0.11 | 0.43 | -0.39 | -0.04 | -0.22 | - | 0.50 | 0.21 | - | 0.32 | 0.18 | 0.18 | -0.03 | - | -0.03 | 0.16 | - |
Basic average common shares outstanding (in shares) | |||||||||||||||||||||||||||||||||||||||||
73,400 | 78,200 | 81,700 | 83,000 | 83,300 | 84,800 | 85,600 | 87,200 | 88,600 | 88,600 | 88,300 | 88,400 | 88,200 | 87,100 | 86,800 | 89,800 | 91,300 | 92,500 | 94,900 | 96,900 | 97,900 | 97,900 | 97,500 | 97,600 | 97,600 | 97,300 | 97,300 | 97,200 | 97,200 | 96,700 | - | 96,400 | 96,300 | - | - | 94,300 | 94,300 | - | - | 93,200 | 80,300 | - |
Diluted average common shares outstanding (in shares) | |||||||||||||||||||||||||||||||||||||||||
75,300 | 80,700 | 86,500 | 85,600 | 85,600 | 87,500 | 95,200 | 89,800 | 91,200 | 88,600 | 87,000 | 93,300 | 92,000 | 88,500 | 89,200 | 92,000 | 92,500 | 94,300 | 96,000 | 100,300 | 102,900 | 101,200 | 97,400 | 101,100 | 99,600 | 98,700 | 97,300 | 97,200 | 97,200 | 96,700 | - | 97,200 | 97,200 | - | - | 96,800 | 96,900 | - | - | 93,200 | 83,100 | - |
Income (Loss) from Continuing Operations, Per Basic and Diluted Share | |||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.13 | - | - | - | - | - | - | - | -0.06 |
Income (Loss) from Discontinued Operations, Net of Tax, Per Basic and Diluted Share | |||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.10 | - | - | - | - | - | - | - | 0.06 |
Earnings Per Share, Basic and Diluted | |||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.23 | - | - | - | - | - | - | - | 0.00 |
Weighted Average Number of Shares Outstanding, Basic and Diluted | |||||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 94,500 | - | - | - | 93,300 | - | - | - | 72,700 |