Nl industries inc (NL)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net sales

124,243

118,217

112,035

108,920

-

-

-

-

-

-

-

Cost of sales

85,280

79,946

77,210

73,753

-

-

-

-

-

-

-

Net sales

-

-

-

-

108,994

103,846

92,045

83,196

79,815

76,138

116,125

Cost of sales

-

-

-

-

75,593

71,598

64,471

58,869

55,708

53,678

92,345

Gross margin

38,963

38,271

34,825

35,167

33,401

32,248

27,574

24,327

24,107

22,460

23,780

Selling, general and administrative expense

21,297

20,460

19,587

19,593

19,430

18,641

18,246

17,747

16,560

16,076

22,109

Other operating income (expense):
Insurance recoveries

5,138

1,298

375

443

3,657

10,368

9,427

3,311

16,942

18,813

4,631

Patent litigation expense

-

-

-

-

-

-

-

-

-

-

4,613

Currency transaction gains (losses), net

-

-

-

-

-

-

-

-

-

-

-236

Assets held for sale write-down

-

-

-

-

-

-

-

1,162

1,135

500

717

Litigation settlement gain

-

-

-

-

-

-

-

-

-

5,286

11,313

Other income, net

7,444

644

170

9

120

186

29

3,612

952

124

-75

Litigation settlement gain

-

-

-

-

-

-

-

14,964

-

-

-

Litigation settlement expense, net

19,266

62,000

-

-

-

-

-

-

-

32,174

-

Goodwill impairment

-

-

-

-

-

-

-

6,406

-

-

-

Corporate expense

12,591

18,419

14,084

16,741

17,480

21,323

87,042

28,958

24,973

15,639

23,547

Income from operations

-1,609

-60,666

1,699

-715

268

2,838

-68,258

-8,059

-667

-17,706

-11,573

Equity in earnings of Kronos Worldwide, Inc.

26,470

62,316

107,785

13,171

-52,770

30,161

-31,007

66,437

97,577

45,623

-12,470

Other income (expense):
Interest and dividend income

6,672

5,069

3,570

1,732

1,172

1,618

2,927

3,200

2,966

2,441

2,743

Gain on reduction in ownership interest in Kronos Worldwide, Inc.

-

-

-

-

-

-

-

-

-

78,910

-

Marketable equity securities

-863

-60,941

-

-

3

16

11

16,567

-

-

-

Other components of net periodic pension cost

1,375

115

832

268

-

-

-

-

-

-

-

Interest expense

681

37

30

4

-

-

127

1,023

1,541

1,502

1,060

Income (loss) before income taxes

28,614

-54,374

112,192

13,916

-51,327

34,633

-96,454

77,122

98,335

107,766

-

Income before taxes

-

-

-

-

-

-

-

-

-

-

-22,360

Income tax expense (benefit)

579

-15,361

-5,634

-2,777

-28,611

5,003

-41,911

19,933

19,751

36,439

-10,347

Income (loss) from continuing operations

-

-

-

-

-

-

-

57,189

78,584

71,327

-

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

21,893

4,071

-550

-

Net income

28,035

-39,013

117,826

16,693

-22,716

29,630

-54,543

79,082

82,655

70,777

-12,013

Noncontrolling interest in net income of subsidiary

2,191

2,004

1,726

1,368

1,193

1,131

790

4,546

998

396

-258

Net income attributable to NL stockholders

25,844

-41,017

116,100

15,325

-23,909

28,499

-55,333

74,536

81,657

70,381

-11,755

Amounts attributable to NL stockholders:
Income (loss) from continuing operations

-

-

-

-

-

-

-

56,730

78,128

70,881

-

Income from discontinued operations

-

-

-

-

-

-

-

17,806

3,529

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

500

-

Net income (loss) attributable to NL stockholders

25,844

-41,017

116,100

15,325

-23,909

-

-

74,536

81,657

70,381

-11,755

Continuing operations

-

-

-

-

-

-

-

1.16

1.61

1.41

-

Discontinued operations

-

-

-

-

-

-

-

0.37

0.07

-0.01

-

Basic and diluted net income per share

0.53

-0.84

2.38

0.31

-0.49

0.59

-1.14

1.53

1.68

1.40

-0.24

Cash dividends per share

-

-

-

-

-

-

0.50

0.50

0.50

0.50

0.50

Weighted average shares used in the calculation of net income per share

48,745

48,727

48,711

48,701

48,688

48,679

48,672

48,667

48,658

48,627

-

Weighted-average shares outstanding used in the calculation of net income per share

-

-

-

-

-

-

-

-

-

-

48,609