MATERION CORPORATION MTRN Income Statement

Materion corporation (MTRN)

Income statement / TTM

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	Sep'10	Jun'10
Net sales
1,161,929	1,185,424	1,203,333	1,194,547	1,205,789	1,207,815	1,218,413	1,215,488	1,202,245	1,139,447	1,065,109	1,020,460	974,394	969,236	948,945	943,680	970,759	1,025,272	1,099,659	1,146,875	1,157,985	1,126,890	1,124,602	1,108,466	1,126,642	1,166,882	1,184,503	1,199,670	1,218,617	1,273,078	1,303,740	1,405,933	1,505,555	1,526,730	1,517,618	1,450,770	0	0	0
Cost of sales
926,522	926,280	933,430	924,654	943,652	956,710	973,912	980,475	974,292	926,618	866,618	826,661	790,067	784,708	766,432	767,919	788,977	834,492	896,177	932,553	945,189	920,987	925,332	919,556	941,541	978,904	1,001,717	1,008,998	1,020,913	1,074,295	1,109,429	1,206,641	1,296,616	1,311,409	1,283,583	1,218,232	0	0	0
Gross margin
235,407	259,144	269,903	269,893	262,137	251,105	244,501	235,013	227,953	212,829	198,491	193,799	184,327	184,528	182,513	175,761	181,782	190,780	203,482	214,322	212,796	205,903	199,270	188,910	185,101	187,978	182,786	190,672	197,704	198,783	194,311	199,292	208,939	215,321	234,035	232,538	0	0	0
Selling, general, and administrative expense
137,844	147,164	153,948	156,509	155,091	153,489	152,385	149,766	149,221	144,280	139,573	137,497	132,006	128,972	125,464	120,338	122,495	129,941	137,611	143,070	143,161	136,487	135,019	132,313	130,955	132,476	132,865	133,893	134,019	133,893	132,315	131,805	132,400	131,388	129,633	127,922	0	0	0
Research and development expense
18,716	18,271	16,498	15,486	15,284	15,187	15,631	14,810	14,494	13,981	13,045	12,853	12,480	12,802	13,221	12,485	12,900	12,796	12,812	13,554	13,411	12,850	13,004	12,951	12,662	13,432	13,097	12,926	12,970	12,505	12,445	12,247	11,763	11,081	9,687	8,664	0	0	0
Goodwill impairment charges
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Held-for-sale impairment charges
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring charges
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other - net
-9,941	-11,783	-14,904	-15,109	-16,531	-15,334	-14,454	-15,108	-13,999	-13,893	-12,114	-11,503	-12,220	-11,288	-12,304	-10,704	-6,819	-2,775	4,730	5,676	2,817	1,022	-27,229	-22,424	-16,579	-14,462	14,355	13,323	14,301	15,609	12,868	14,755	15,891	15,774	17,679	15,609	0	0	0
Operating Income (Loss)
41,050	67,000	64,813	77,190	69,632	61,496	61,387	54,685	49,595	40,031	31,173	29,360	25,035	28,880	31,524	32,234	39,568	45,268	51,437	58,310	59,767	57,588	49,552	37,146	29,139	27,608	22,469	30,530	36,414	36,776	36,683	40,485	48,885	57,078	77,036	80,343	0	0	0
Other non-operating (income) expense - net
-2,242	-3,431	-44,488	-45,161	-42,486	-42,683	-2,090	-1,696	-1,627	-1,452	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense—net
-1,799	-1,579	-3,079	-2,902	-2,735	-2,471	-1,894	-1,974	-1,946	-2,183	-1,485	-1,528	-1,711	-1,789	-2,926	-2,830	-2,692	-2,450	-3,025	-2,847	-2,825	-2,787	-3,261	-3,310	-3,169	-3,036	3,193	3,257	3,264	3,134	3,104	3,132	2,925	2,812	2,840	2,724	0	0	0
(Loss) Income before income taxes
37,449	61,990	18,462	29,989	24,939	16,342	56,825	50,597	45,548	36,396	26,263	24,899	21,125	25,315	29,550	30,164	37,360	42,818	48,888	55,583	57,018	54,801	46,741	34,384	26,236	24,572	19,276	27,273	33,150	33,642	33,579	37,353	45,960	54,266	74,196	77,619	0	0	0
Income tax (benefit) expense
6,798	11,330	3,381	-1,595	-2,249	-4,504	23,383	27,801	26,583	24,945	-198	-287	-2,297	-425	3,873	5,140	8,818	10,660	11,263	12,706	13,234	12,670	12,512	7,807	5,478	4,360	841	5,716	7,819	8,978	10,656	9,017	11,681	14,287	21,621	24,852	0	0	0
Net Income (Loss) Attributable to Parent
30,651	50,660	15,081	31,584	27,188	20,846	33,442	22,796	18,965	11,451	26,461	25,186	23,422	25,740	25,677	25,024	28,542	32,158	37,625	42,877	43,784	42,131	34,229	26,577	20,758	20,212	18,435	21,557	25,331	24,664	22,923	28,336	34,279	39,979	52,575	52,767	0	0	0
Basic earnings per share:
Net (loss) income per share of common stock (in dollars per share)
-0.15	0.73	0.17	0.76	0.83	-1.03	0.99	0.55	0.52	-0.42	0.47	0.37	0.15	0.34	0.40	0.28	0.27	0.33	0.37	0.45	0.45	0.60	0.62	0.48	0.36	0.21	0.24	0.20	0.33	0.12	0.40	0.39	0.30	0.04	0.66	0.68	0.58	0.66	0.68
Diluted earnings per share:
Net (loss) income per share of common stock (in dollars per share)
-0.15	0.71	0.17	0.75	0.82	-1.01	0.97	0.54	0.51	-0.41	0.46	0.36	0.15	0.33	0.40	0.27	0.27	0.34	0.36	0.44	0.44	0.59	0.61	0.47	0.35	0.20	0.24	0.20	0.33	0.12	0.39	0.38	0.30	0.04	0.65	0.67	0.57	0.65	0.67
Cash dividends per share
-	-	-	-	-	-	-	-	-	-	0.10	0.10	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.07	0.07	0.07	0.07	0.00	-	0.00	0.00	-	-	-
Weighted-average number of shares of common stock outstanding:
Basic (in shares)
20,384	20,409	20,401	20,383	20,267	20,251	20,241	20,221	20,135	20,087	20,040	20,012	19,969	19,942	19,957	20,015	20,018	20,004	20,087	20,153	20,144	20,108	20,490	20,642	20,604	20,633	20,604	20,566	20,481	20,440	20,432	20,430	20,370	20,306	20,377	20,421	20,356	20,273	20,323
Diluted (in shares)
20,384	20,671	20,677	20,666	20,606	20,637	20,648	20,593	20,574	20,527	20,411	20,347	20,375	20,218	20,192	20,214	20,228	20,237	20,383	20,499	20,489	20,575	20,870	21,001	20,962	21,148	20,931	20,869	20,824	20,646	20,697	20,666	20,707	20,639	20,749	20,832	20,796	20,553	20,600