Materion corporation (MTRN)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net sales

1,185,424

1,207,815

1,139,447

969,236

1,025,272

1,126,890

1,166,882

1,273,078

1,526,730

1,302,314

715,186

Cost of sales

926,280

956,710

926,618

784,708

834,492

920,987

978,904

1,074,295

1,311,409

1,079,666

623,764

Gross margin

259,144

251,105

212,829

184,528

190,780

205,903

187,978

198,783

215,321

222,648

91,422

Selling, general, and administrative expense

147,164

153,489

144,280

128,972

129,941

136,487

132,476

133,893

131,388

126,477

89,762

Research and development expense

18,271

15,187

13,981

12,802

12,796

12,850

13,432

12,505

11,081

7,113

6,771

Goodwill impairment charges

11,600

0

0

-

-

-

-

-

-

-

-

Held-for-sale impairment charges

2,600

0

0

-

-

-

-

-

-

-

-

Restructuring charges

785

5,599

644

2,586

-

-

-

-

-

-

-

Other - net

-11,783

-15,334

-13,893

-11,288

-2,775

1,022

-14,462

15,609

15,774

14,827

9,482

Derivative financial instruments ineffectiveness

-

-

-

-

-

-

-

-

-

-598

-4,892

Operating Income (Loss)

67,000

61,496

40,031

28,880

45,268

57,588

27,608

36,776

57,078

73,633

-19,485

Other non-operating (income) expense - net

-3,431

-42,683

-1,452

-1,776

-

-

-

-

-

-

-

Interest expense—net

-1,579

-2,471

-2,183

-1,789

-2,450

-2,787

-3,036

3,134

2,812

2,665

1,299

(Loss) Income before income taxes

61,990

16,342

36,396

25,315

42,818

54,801

24,572

33,642

54,266

70,968

-20,784

Income tax (benefit) expense

11,330

-4,504

24,945

-425

10,660

12,670

4,360

8,978

14,287

24,541

-8,429

Net Income (Loss) Attributable to Parent

50,660

20,846

11,451

25,740

32,158

42,131

20,212

24,664

39,979

46,427

-12,355

Basic earnings per share:
Net (loss) income per share of common stock (in dollars per share)

2.49

1.03

0.57

1.29

1.60

2.06

0.98

1.21

1.96

2.29

-0.61

Diluted earnings per share:
Net (loss) income per share of common stock (in dollars per share)

2.45

1.01

0.56

1.27

1.58

2.02

0.97

1.19

1.93

2.25

-0.61

Cash dividends per share

-

-

-

0.37

0.35

0.33

0.31

0.22

0.00

0.00

-

Weighted-average number of shares of common stock outstanding:
Basic (in shares)

20,365

20,212

20,027

19,983

20,097

20,461

20,571

20,418

20,365

20,282

20,191

Diluted (in shares)

20,655

20,613

20,415

20,213

20,402

20,852

20,943

20,679

20,754

20,590

20,191