MUELLER WATER PRODUCTS, INC. MWA Income Statement

Mueller water products, inc. (MWA)

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	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09
Revenues
1,011,500	987,800	968,000	955,400	931,300	930,500	916,000	888,600	870,600	837,100	826,000	814,700	807,200	804,700	800,600	525,300	601,600	694,700	793,400	1,173,800	1,191,300	1,189,100	1,184,700	1,157,200	1,138,100	1,133,100	1,120,800	1,108,700	1,085,200	1,053,600	1,023,900	924,700	908,400	892,400	964,600	751,600	867,900	934,200	959,700	0	0	0
Cost of sales
666,900	654,400	647,100	637,800	636,400	635,900	626,100	603,200	577,100	565,600	558,100	549,000	540,900	531,600	531,700	338,500	401,800	472,100	547,100	822,900	839,300	837,000	836,800	821,800	810,000	809,900	807,600	807,700	794,600	778,200	752,800	662,900	653,100	641,100	716,500	476,400	595,200	681,400	700,600	0	0	0
Gross profit
344,600	333,400	320,900	317,600	294,900	294,600	289,900	285,400	293,500	271,500	267,900	265,700	266,300	273,100	268,900	186,800	199,800	222,600	246,300	350,900	352,000	352,100	347,900	335,400	328,100	323,200	313,200	301,000	290,600	275,400	271,100	261,800	255,300	251,300	248,100	275,200	272,700	252,800	259,100	0	0	0
Operating expenses:
Selling, general and administrative
195,200	191,600	182,700	177,100	170,900	167,900	166,700	165,800	162,900	158,900	155,400	150,700	151,700	150,400	149,500	95,200	108,700	127,100	146,700	221,900	224,300	222,700	220,700	217,900	219,500	217,900	214,400	212,900	209,200	207,200	204,200	194,800	189,700	186,300	191,800	173,100	182,200	185,600	188,800	0	0	0
Gain on sale of idle property
-	-	-	0	-	-	9,000	9,000	9,000	9,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for Doubtful Accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring
0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	0	0	-	3,200	3,200	900	1,500	2,100	2,600	3,100	2,800	2,300	1,900	2,100	3,600	-7,900	-7,300	2,100	600	0	0	0
Balances written off, net of recoveries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Cost and Expense, Operating
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
202,300	204,700	196,600	191,800	185,700	177,700	168,200	170,600	166,300	162,900	165,800	140,100	161,100	158,100	156,700	117,300	121,400	139,700	166,700	242,700	233,500	233,900	223,800	221,100	222,700	218,800	215,900	215,000	211,800	210,300	207,000	197,100	191,600	188,400	195,400	165,200	174,900	187,700	189,400	0	0	0
Operating income
142,300	128,700	124,300	125,800	109,200	116,900	121,700	114,800	127,200	108,600	102,100	125,600	105,200	115,000	112,200	69,500	78,400	82,900	79,600	108,200	118,500	118,200	124,100	114,300	105,400	104,400	97,300	86,000	78,800	65,100	64,100	64,700	63,700	62,900	52,700	42,700	0	0	-	0	-	-
Non-operating expense:
Defined Benefit Plan, Net Periodic Benefit Cost other than Service Cost
-2,000	-200	400	1,100	1,400	700	1,000	1,000	1,200	1,300	1,400	-15,500	0	0	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net
-21,800	-21,700	-19,800	-20,800	-21,900	-21,200	-20,900	-20,900	-20,700	-21,000	-22,200	-22,600	-23,500	-23,900	-23,600	-23,700	-24,000	-24,200	-27,500	-33,800	-40,000	-46,400	-49,600	-50,300	-50,500	-50,800	-51,700	-52,800	-55,000	-57,800	-59,900	-62,700	-64,600	-65,300	-65,600	-164,400	-131,800	-100,700	-68,000	0	0	0
Loss from operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Loss on early extinguishment of debt
-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-31,300	-32,300	-32,300	-32,300	-1,000	0	-1,400	0	-	0	0	-	-	0	0	-	-	0	-	-	-	-	0	-
Gain on settlement of interest rate swaps
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Discontinuation of Interest Rate Cash Flow Hedge Due to Forecasted Transaction Probable of Not Occurring, Net
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Walter accrual
-15,700	-15,200	22,000	38,400	37,900	37,400	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total non-operating expenses
0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) before income taxes
138,200	122,400	82,100	65,200	43,900	53,500	95,700	89,100	105,300	86,300	78,500	82,600	61,700	71,500	69,300	45,800	54,400	58,700	20,800	42,100	46,200	39,500	73,500	64,000	54,900	52,200	44,200	31,800	20,900	5,800	2,700	500	-900	-2,400	-12,900	36,300	25,100	-6,600	-2,900	0	0	0
Income tax expense (benefit)
30,200	27,300	18,300	16,600	13,700	24,000	-9,900	-11,600	-4,200	-17,700	24,200	28,600	20,800	25,000	24,200	16,600	19,700	22,000	8,300	7,300	9,400	5,300	18,000	17,900	11,300	10,700	8,800	8,900	8,100	9,500	7,900	9,400	7,000	2,000	-2,900	14,100	13,600	200	2,500	0	0	0
Equity in income (loss) of subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	-	54,300	54,000	40,900	46,500	45,100	0	0	0	-	-	-	-	-	-	-	-	35,400	22,900	12,800	-3,700	-5,200	-2,600	-13,900	0	-	0	0	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	-	69,000	76,500	81,100	17,900	18,800	0	0	0	-	-	-	-	-	-	-	-	5,400	7,900	13,700	-85,800	-103,200	-112,000	-124,200	0	-	0	0	-	-	-	-	-
Net Income (Loss) Attributable to Parent
108,000	95,100	63,800	48,600	30,200	29,500	105,600	99,900	108,600	171,700	123,300	130,500	122,000	64,400	63,900	59,700	60,700	57,300	30,900	34,800	36,800	34,200	55,500	42,800	38,400	34,900	40,800	30,800	26,500	-89,500	-108,400	-121,500	-134,000	-37,900	-38,100	-35,500	-36,600	-46,600	-45,200	0	0	0
Derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Income tax effects
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Amortization of interest expense on terminated swap contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Income tax effects
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Foreign currency translation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Minimum pension liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Income tax effects
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Other comprehensive loss, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Comprehensive loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Income (Loss) from Continuing Operations, Per Basic Share
-	-	-	-	-	-	-	-	-	-	0.13	0.15	0.03	0.03	0.13	0.07	0.06	0.02	-	-	-	-	-	-	-	-	0.11	0.10	0.05	-0.03	0.03	0.04	-0.06	-0.04	-	0.04	-0.04	-	-	-	-	-
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share
-	-	-	-	-	-	-	-	-	-	-0.01	0.00	0.43	0.01	0.03	0.03	0.04	0.02	-	-	-	-	-	-	-	-	-0.02	-0.01	-0.01	0.07	0.00	0.02	-0.64	-0.04	-	-0.06	-0.05	-	-	-	-	-
Net loss per basic share:
Earnings Per Share, Basic
0.15	0.07	0.25	0.21	0.07	-0.13	0.16	0.10	0.06	0.35	0.12	0.15	0.46	0.04	0.16	0.10	0.10	0.04	0.14	0.10	0.08	-0.13	0.16	0.12	0.06	0.01	0.09	0.09	0.04	0.04	0.03	0.06	-0.70	-0.08	-0.06	-0.02	-0.09	-0.08	-0.05	-0.02	-0.15	-0.07
Net loss per diluted share:
Income (Loss) from Discontinued Operations per share
-	-	-	-	-	-	-	-	-	-	-0.01	0.00	0.42	0.01	0.03	0.02	0.04	0.02	-	-	-	-	-	-	-	-	-0.02	-0.01	-0.01	0.07	0.00	0.02	-0.64	-0.04	-	-0.06	-0.05	-	-	-	-	-
Earnings Per Share, Diluted
0.15	0.06	0.25	0.21	0.07	-0.13	0.16	0.10	0.06	0.34	0.12	0.15	0.45	0.04	0.16	0.09	0.10	0.04	0.14	0.10	0.08	-0.13	0.16	0.11	0.06	0.01	0.08	0.09	0.04	0.04	0.03	0.06	-0.70	-0.08	-0.06	-0.02	-0.09	-0.08	-0.05	-0.02	-0.15	-0.07
Continuing operations
-	-	-	-	-	-	-	-	-	-	0.13	0.15	0.03	0.03	0.13	0.07	0.06	0.02	-	-	-	-	-	-	-	-	0.10	0.10	0.05	-0.03	0.03	0.04	-0.06	-0.04	-	0.04	-0.04	-	-	-	-	-
Weighted average shares outstanding:
Basic, in shares
157,900	157,700	157,500	157,800	158,200	157,700	157,900	158,100	158,300	158,500	158,600	159,100	160,900	161,800	161,500	161,600	161,300	160,800	160,400	160,800	160,700	160,100	159,600	159,500	159,200	158,500	158,000	158,000	157,700	157,100	156,800	156,700	156,500	156,000	155,400	155,500	155,400	154,900	154,300	154,500	154,400	154,000
Diluted, in shares
158,700	158,700	159,200	158,800	159,200	158,800	160,200	159,200	159,400	160,000	159,500	160,600	162,500	164,600	163,700	163,600	163,100	163,200	165,900	163,500	163,300	160,100	163,000	162,200	161,900	161,700	161,300	160,700	160,000	159,200	155,500	158,000	156,500	156,000	154,300	156,600	155,400	154,900	154,300	154,500	154,400	154,000
Dividends declared per share, in dollars per share
0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.04	0.04	0.04	0.04	0.03	0.03	0.00	0.05	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	-0.05	0.01	0.01	0.01