The Manitowoc Company, Inc. MTW Income Statement

The manitowoc company, inc. (MTW)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Net sales
1,834,100	1,846,800	1,581,300	1,613,100	1,865,700	2,305,200	4,048,100	3,913,300	3,589,300	3,111,500	3,619,800	4,479,200
Cost of sales
1,490,000	1,518,700	1,299,400	1,359,800	1,533,500	1,838,000	3,026,300	2,970,300	2,756,400	2,352,100	2,822,400	3,465,600
Gross profit
344,100	328,100	281,900	253,300	332,200	467,200	-	-	-	-	-	-
Operating costs and expenses:
Engineering, selling and administrative expenses
225,600	251,600	245,300	270,400	316,900	350,200	617,600	597,600	561,000	508,900	529,800	451,900
Asset impairment expense
0	82,600	100	96,900	15,300	0	0	0	-	-	-	-
Amortization of intangible assets
300	300	800	3,000	3,000	3,300	35,300	36,500	37,400	37,400	38,400	11,400
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	520,300	-
Intangible asset impairment
-	-	-	-	-	-	-	-	-	-	146,400	-
Integration expense
-	-	-	-	-	-	-	-	-	-	3,600	7,600
Restructuring expense
9,800	12,900	27,200	23,400	9,400	6,600	4,800	9,500	5,500	3,800	39,600	21,700
Other expense
-	-	-	-2,600	0	0	-	-	500	-	-	-
Other operating expenses
0	0	100	-	-	-	-300	2,500	-	2,300	3,400	-
Total operating costs and expenses
235,700	347,400	273,500	396,300	344,600	360,100	3,683,700	3,616,400	3,359,800	2,904,500	4,103,900	3,958,200
Operating income
108,400	-19,300	8,400	-143,000	-12,400	107,100	364,400	296,900	229,500	207,000	-484,100	521,000
Other expense:
Interest expense
32,700	39,100	39,200	39,600	95,600	92,800	128,400	135,600	145,400	175,000	174,000	51,600
Amortization of deferred financing fees
1,500	1,800	1,900	2,200	4,200	4,400	7,000	8,200	10,400	22,000	28,800	2,500
Loss on debt extinguishment
-25,000	0	0	-76,300	-200	-25,500	-3,000	-6,300	-29,700	-44,000	-9,200	-4,100
Loss on purchase price hedges
-	-	-	-	-	-	-	-	-	-	-	-379,400
Other expense - net
9,800	-11,500	-6,800	-7,000	1,400	-4,800	-800	100	2,300	-9,000	17,300	-3,000
Total other expense
-49,400	-52,400	-47,900	-125,100	-98,600	-127,500	-139,200	-150,000	-183,200	-250,000	-194,700	-440,600
Loss before income taxes
59,000	-71,700	-39,500	-268,100	-111,000	-20,400	225,200	146,900	46,300	-43,000	-678,800	80,400
Provision for income taxes
12,400	-4,800	-49,500	100,500	-41,100	-17,800	36,100	38,000	13,600	26,200	-65,500	-19,400
Net income (loss) from continuing operations
46,600	-66,900	10,000	-368,600	-69,900	-2,600	189,100	108,900	32,700	-69,200	-613,300	99,800
Loss from discontinued operations, net of income taxes of $0.0, $0.0 and $0.0, respectively
0	-200	-600	-7,200	135,400	161,400	-18,800	-16,300	-15,800	-8,100	-34,100	-144,800
Net loss
46,600	-67,100	9,400	-375,800	65,500	143,900	-	-	-	-	-	10,000
Amounts attributable to the Manitowoc common shareholders:
Income (loss) from continuing operations
-	-	-	-368,600	-69,900	-6,900	154,800	109,700	33,000	-66,500	-610,800	101,700
Loss from discontinued operations, net of income taxes
-	-	-	-7,200	135,400	161,800	-10,300	-8,000	-9,600	-	-	-
Loss on sale of discontinued operations, net of income taxes
-	-	-	-	-	-11,000	-2,700	0	-34,600	0	-24,200	53,100
Net income (loss) attributable to Manitowoc common shareholders
-	-	-	-375,800	65,500	143,900	141,800	101,700	-11,200	-74,600	-669,100	-
Loss on sale of discontinued operations, net of income taxes of $0.0, $0.0, and $(0.6), respectively
-	-	-	-	-	-11,000	-2,700	0	-34,600	0	-24,200	53,100
Net (loss) income
-	-	-	-	-	147,800	167,600	92,600	-17,700	-77,300	-671,600	8,100
Less: Net income attributable to noncontrolling interest, net of tax
-	-	-	-	-	3,900	25,800	-9,100	-6,500	-2,700	-2,500	-1,900
Net income (loss) attributable to Manitowoc common shareholders
-	-	-	-375,800	65,500	143,900	141,800	101,700	-11,200	-74,600	-669,100	-
Per Share Data
Basic net income (loss) per common share:
Net income (loss) from continuing operations
1.31	-1.88	0.28	-10.70	-2.06	-0.05	1.16	0.83	0.25	-0.51	-4.69	0.78
Loss from discontinued operations
0.00	-0.01	-0.02	-0.21	3.98	1.20	-0.08	-0.06	-0.07	-0.06	-0.26	-1.11
Loss on sale of discontinued operations, net of income taxes (in dollars per share)
-	-	-	-	-	-0.08	-0.02	0.00	-0.27	0.00	-0.19	0.41
Basic net loss per common share
1.31	-1.89	0.26	-10.91	1.92	1.07	1.07	0.77	-0.09	-0.57	-5.14	0.08
Diluted net income (loss) per common share:
Net income (loss) from continuing operations
1.31	-1.88	0.28	-10.70	-2.06	-0.05	1.14	0.82	0.25	-0.51	-4.69	0.77
Loss from discontinued operations
0.00	-0.01	-0.02	-	3.98	1.20	-0.08	-0.06	-0.07	-0.06	-0.26	-1.10
Loss on sale of discontinued operations, net of income taxes (in dollars per share)
-	-	-	-	-	-0.08	-0.02	0.00	-0.26	0.00	-0.19	0.40
Diluted net loss per common share
1.31	-1.89	0.26	-10.91	1.92	1.07	1.05	0.76	-0.08	-0.57	-5.14	0.08