Nl industries inc (NL)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Net sales

32,311

29,634

29,703

33,730

31,176

27,390

30,029

32,385

28,413

-

26,993

30,002

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

21,880

20,710

20,227

22,791

21,552

19,452

20,433

21,151

18,910

-

18,795

20,494

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

-

-

-

-

-

-

-

-

-

-

-

-

29,948

-

28,404

27,107

27,075

25,680

26,505

28,918

27,891

24,744

26,473

26,848

25,781

22,344

24,209

24,039

21,453

19,340

21,281

22,147

20,428

-25,939

35,736

35,241

34,777

35,740

34,384

Cost of sales

-

-

-

-

-

-

-

-

-

-

-

-

20,262

-

19,005

18,621

18,870

18,123

18,387

19,758

19,325

17,000

18,331

18,235

18,032

15,914

16,695

16,429

15,433

13,844

14,971

15,638

14,416

-22,996

27,202

25,405

26,097

26,042

25,529

Gross margin

10,431

8,924

9,476

10,939

9,624

7,938

9,596

11,234

9,503

7,433

8,198

9,508

9,686

9,077

9,399

8,486

8,205

7,557

8,118

9,160

8,566

7,744

8,142

8,613

7,749

6,430

7,514

7,610

6,020

5,496

6,310

6,509

6,012

-2,943

8,534

9,836

8,680

9,698

8,855

Selling, general and administrative expense

5,411

5,436

5,210

5,317

5,334

5,004

5,075

5,251

5,130

4,689

4,829

4,907

5,162

5,046

4,926

4,769

4,852

5,026

4,684

4,854

4,866

4,769

4,710

4,701

4,461

4,456

4,537

4,667

4,586

4,697

4,270

4,351

4,429

-1,241

5,745

5,900

6,156

5,901

5,664

Other operating income (expense):
Insurance recoveries

22

-102

243

4,714

283

409

526

200

163

156

103

66

50

44

76

233

90

177

113

233

3,134

327

8,843

411

787

5,653

2,198

946

630

707

1,197

282

1,125

342

16,142

99

359

307

96

Patent litigation settlement gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

7,468

-

-

Patent litigation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

158

373

Facility consolidation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

175

792

1,006

-

-

Assets held for sale write-down

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

405

-

-

-

1,135

-

-

500

-

Litigation settlement gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,964

-

-

-

-

-

5,264

-

Other income, net

-

-

4,424

9

-

-1

18

8

619

-

140

-

-

-

-

-

-

-

74

17

-

46

9

0

131

6

9

14

0

3,222

0

170

220

-

-

-

-

-

-

Litigation settlement expense, net

-

-

-305

19,571

-

-

-

62,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

227

-

-

Corporate expense

2,508

3,444

3,429

3,663

2,055

4,067

1,583

4,816

7,953

2,956

2,575

3,233

5,320

3,208

4,555

3,329

5,649

5,335

2,659

5,656

3,830

3,741

4,304

9,008

4,270

60,173

5,627

16,325

4,917

4,014

3,438

5,119

16,387

4,567

4,733

12,273

3,400

3,589

2,452

Income from operations

2,534

2,953

5,809

-12,889

2,518

-725

3,482

-60,625

-2,798

-26

1,037

1,434

-746

876

-6

621

-2,206

-2,598

962

-1,100

3,004

-393

7,980

-4,685

-64

-52,540

-443

-12,422

-2,853

-6,449

-606

12,455

-13,459

-10,243

12,888

-9,030

5,718

5,121

462

Equity in earnings of Kronos Worldwide, Inc.

8,207

2,838

5,463

8,944

9,225

7,287

9,905

23,645

21,479

14,428

22,437

59,745

11,175

7,048

6,776

497

-1,150

-6,186

-3,600

-48,589

5,605

6,060

9,689

10,069

4,343

884

-9,101

-10,303

-12,487

-5,514

10,715

19,624

41,612

26,090

26,097

27,061

18,329

11,557

6,941

Other income (expense):
Interest and dividend income

1,131

1,459

1,571

2,123

1,519

1,439

1,336

1,222

1,072

1,016

977

881

696

572

430

377

353

294

294

282

302

285

311

297

725

718

725

741

743

829

829

831

711

721

824

825

596

606

641

Marketable equity securities

-12,073

-432

-15,379

9,486

5,462

-5,030

-35,645

-18,685

-1,581

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other components of net periodic pension and OPEB cost

208

-

434

428

428

-

99

99

99

-

177

177

177

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

352

349

314

9

9

12

9

8

8

8

8

7

7

-

-

-

-

-

-

-

-

-

-

-

-

0

10

58

59

303

218

219

283

253

464

335

489

459

303

Income (loss) before income taxes

-761

6,384

-3,284

7,227

18,287

3,141

-21,030

-54,550

18,065

15,109

24,266

61,876

10,941

8,224

7,200

1,495

-3,003

-8,487

-2,344

-49,407

8,911

5,968

17,980

5,681

5,004

-50,927

-8,829

-22,042

-14,656

5,130

10,720

32,691

28,581

-

-

-

-

-

-

Income before taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39,345

18,521

24,154

16,825

7,741

Income tax expense (benefit)

-3,263

-363

-2,286

667

2,561

55

-6,158

-12,588

3,330

-34,557

6,466

20,278

2,179

-1,725

-560

330

-822

-3,077

-3,581

-20,507

-1,446

358

3,800

-125

970

-18,084

-3,145

-8,024

-12,658

-

2,097

-

7,994

363

11,530

1,389

6,469

5,114

3,228

Income tax expense (benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,335

-

-

-

-

-

-

-

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,623

8,623

25,356

20,587

-

-

-

-

-

-

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,620

1,724

889

660

-

-

-

-

-

-

Net income

2,502

6,747

-998

6,560

15,726

3,086

-14,872

-41,962

14,735

49,666

17,800

41,598

8,762

9,949

7,760

1,165

-2,181

-5,410

1,237

-28,900

10,357

5,610

14,180

5,806

4,034

-32,843

-5,684

-14,018

-1,998

21,243

10,347

26,245

21,247

20,023

27,815

17,132

17,685

11,711

4,513

Noncontrolling interest in net income of subsidiary

592

447

540

682

522

350

514

653

487

555

328

431

412

372

388

320

288

217

294

367

315

227

291

334

279

177

256

237

120

3,736

340

272

198

126

141

213

518

217

223

Net income attributable to NL stockholders

1,910

6,300

-1,538

5,878

15,204

2,736

-15,386

-42,615

14,248

49,111

17,472

41,167

8,350

9,577

7,372

845

-2,469

-5,627

943

-29,267

10,042

5,383

13,889

5,472

3,755

-33,020

-5,940

-14,255

-2,118

17,507

10,007

25,973

21,049

19,897

27,674

16,919

17,167

11,494

4,290

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,548

8,508

25,199

20,475

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,499

774

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-574

-

-

-

-

-

-

Net income (loss) attributable to NL stockholders

1,910

6,300

-1,538

5,878

15,204

2,736

-15,386

-42,615

14,248

49,111

17,472

41,167

8,350

-

7,372

845

-

-

-

-

-

-

-

-

-

-

-5,940

-14,255

-2,118

17,507

10,007

25,973

21,049

19,897

27,674

16,919

17,167

11,494

4,290

Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.05

0.18

0.51

0.42

-

-

-

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.31

0.03

0.02

0.01

-

-

-

-

-

-

Basic and diluted net income per share

0.04

0.13

-0.03

0.12

0.31

0.06

-0.32

-0.87

0.29

1.00

0.36

0.85

0.17

0.19

0.15

0.02

-0.05

-0.12

0.02

-0.60

0.21

0.11

0.29

0.11

0.08

-0.69

-0.12

-0.29

-0.04

0.36

0.21

0.53

0.43

0.41

0.57

0.35

0.35

0.24

0.09

Cash dividends per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.12

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

48,756

48,757

48,756

48,740

48,727

48,745

48,727

48,721

48,715

48,713

48,715

48,710

48,706

48,707

48,706

48,699

48,692

48,690

48,692

48,687

48,683

48,681

48,683

48,678

48,674

48,674

48,674

48,671

48,669

48,670

48,669

48,666

48,663

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48,663

48,660

48,648

48,630

48,626