Nl industries inc (NL)
Income statement / TTM
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

125,378

124,243

121,999

122,325

120,980

118,217

117,820

117,793

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

85,608

85,280

84,022

84,228

82,588

79,946

79,289

79,350

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

-

-

-

-

-

-

-

-

-

-

-

-

111,793

-

108,266

106,367

108,178

108,994

108,058

108,026

105,956

103,846

101,446

99,182

96,373

92,045

89,041

86,113

84,221

83,196

37,917

52,372

65,466

79,815

141,494

140,142

0

0

0

Cost of sales

-

-

-

-

-

-

-

-

-

-

-

-

75,145

-

74,619

74,001

75,138

75,593

74,470

74,414

72,891

71,598

70,512

68,876

67,070

64,471

62,401

60,677

59,886

58,869

22,029

34,260

44,027

55,708

104,746

103,073

0

0

0

Gross margin

39,770

38,963

37,977

38,097

38,392

38,271

37,766

36,368

34,642

34,825

36,469

37,670

36,648

35,167

33,647

32,366

33,040

33,401

33,588

33,612

33,065

32,248

30,934

30,306

29,303

27,574

26,640

25,436

24,335

24,327

15,888

18,112

21,439

24,107

36,748

37,069

0

0

0

Selling, general and administrative expense

21,374

21,297

20,865

20,730

20,664

20,460

20,145

19,899

19,555

19,587

19,944

20,041

19,903

19,593

19,573

19,331

19,416

19,430

19,173

19,199

19,046

18,641

18,328

18,155

18,121

18,246

18,487

18,220

17,904

17,747

11,809

13,284

14,833

16,560

23,702

23,621

0

0

0

Other operating income (expense):
Insurance recoveries

4,877

5,138

5,649

5,932

1,418

1,298

1,045

622

488

375

263

236

403

443

576

613

613

3,657

3,807

12,537

12,715

10,368

15,694

9,049

9,584

9,427

4,481

3,480

2,816

3,311

2,946

17,891

17,708

16,942

16,907

861

0

0

0

Patent litigation settlement gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

Patent litigation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Facility consolidation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

Assets held for sale write-down

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

0

-

Litigation settlement gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

0

-

Other income, net

-

-

0

0

-

644

785

0

0

-

0

-

-

-

-

-

-

-

0

0

-

186

146

146

160

29

3,245

3,236

3,392

3,612

0

0

0

-

-

-

-

-

-

Litigation settlement expense, net

-

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Corporate expense

13,044

12,591

13,214

11,368

12,521

18,419

17,308

18,300

16,717

14,084

14,336

16,316

16,412

16,741

18,868

16,972

19,299

17,480

15,886

17,531

20,883

21,323

77,755

79,078

86,395

87,042

30,883

28,694

17,488

28,958

29,511

30,806

37,960

24,973

23,995

21,714

0

0

0

Income from operations

-1,593

-1,609

-5,287

-7,614

-55,350

-60,666

-59,967

-62,412

-353

1,699

2,601

1,558

745

-715

-4,189

-3,221

-4,942

268

2,473

9,491

5,906

2,838

-49,309

-57,732

-65,469

-68,258

-22,167

-22,330

2,547

-8,059

-11,853

1,641

-19,844

-667

14,697

2,271

0

0

0

Equity in earnings of Kronos Worldwide, Inc.

25,452

26,470

30,919

35,361

50,062

62,316

69,457

81,989

118,089

107,785

100,405

84,744

25,496

13,171

-63

-10,439

-59,525

-52,770

-40,524

-27,235

31,423

30,161

24,985

6,195

-14,177

-31,007

-37,405

-17,589

12,338

66,437

98,041

113,423

120,860

97,577

83,044

63,888

0

0

0

Other income (expense):
Interest and dividend income

6,284

6,672

6,652

6,417

5,516

5,069

4,646

4,287

3,946

3,570

3,126

2,579

2,075

1,732

1,454

1,318

1,223

1,172

1,163

1,180

1,195

1,618

2,051

2,465

2,909

2,927

3,038

3,142

3,232

3,200

3,092

3,087

3,081

2,966

2,851

2,668

0

0

0

Marketable equity securities

-18,398

-863

-5,461

-25,727

-53,898

-60,941

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other components of net periodic pension and OPEB cost

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

1,024

681

344

39

38

37

33

32

31

30

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

127

430

638

799

1,023

973

1,219

1,335

1,541

1,747

1,586

0

0

0

Income (loss) before income taxes

9,566

28,614

25,371

7,625

-54,152

-54,374

-42,406

2,890

119,316

112,192

105,307

88,241

27,860

13,916

-2,795

-12,339

-63,241

-51,327

-36,872

-16,548

38,540

34,633

-22,262

-49,071

-76,794

-96,454

-40,397

-20,848

33,885

77,122

0

0

0

-

-

-

-

-

-

Income before taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

Income tax expense (benefit)

-5,245

579

997

-2,875

-16,130

-15,361

-49,973

-37,349

-4,483

-5,634

27,198

20,172

224

-2,777

-4,129

-7,150

-27,987

-28,611

-25,176

-17,795

2,587

5,003

-13,439

-20,384

-28,283

-41,911

-21,730

0

0

-

0

-

21,276

19,751

24,502

16,200

0

0

0

Income tax expense (benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57,189

0

0

0

-

-

-

-

-

-

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,893

0

0

0

-

-

-

-

-

-

Net income

14,811

28,035

24,374

10,500

-38,022

-39,013

7,567

40,239

123,799

117,826

78,109

68,069

27,636

16,693

1,334

-5,189

-35,254

-22,716

-11,696

1,247

35,953

29,630

-8,823

-28,687

-48,511

-54,543

-457

15,574

55,837

79,082

77,862

95,330

86,217

82,655

74,343

51,041

0

0

0

Noncontrolling interest in net income of subsidiary

2,261

2,191

2,094

2,068

2,039

2,004

2,209

2,023

1,801

1,726

1,543

1,603

1,492

1,368

1,213

1,119

1,166

1,193

1,203

1,200

1,167

1,131

1,081

1,046

949

790

4,349

4,433

4,468

4,546

936

737

678

998

1,089

1,171

0

0

0

Net income attributable to NL stockholders

12,550

25,844

22,280

8,432

-40,061

-41,017

5,358

38,216

121,998

116,100

76,566

66,466

26,144

15,325

121

-6,308

-36,420

-23,909

-12,899

47

34,786

28,499

-9,904

-29,733

-49,460

-55,333

-4,806

11,141

51,369

74,536

76,926

94,593

85,539

81,657

73,254

49,870

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56,730

0

0

0

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Net income (loss) attributable to NL stockholders

12,550

25,844

22,280

8,432

-40,061

-41,017

5,358

38,216

121,998

116,100

74,361

57,734

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-4,806

11,141

51,369

74,536

76,926

94,593

85,539

81,657

73,254

49,870

0

0

0

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