Owens corning (OC)
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'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
NET SALES

1,601

1,692

1,883

1,918

1,667

1,724

1,818

1,824

1,691

1,606

1,703

1,597

1,478

1,383

1,518

1,545

1,231

1,297

1,447

1,403

1,203

1,245

1,382

1,355

1,278

1,278

1,320

1,347

1,350

1,159

1,276

1,391

1,346

1,196

1,450

1,451

1,238

1,168

1,186

1,378

1,265

1,348

1,219

COST OF SALES

1,295

1,309

1,422

1,478

1,342

1,313

1,370

1,406

1,336

1,210

1,280

1,189

1,136

1,068

1,144

1,129

959

1,001

1,107

1,095

994

1,002

1,131

1,107

1,044

1,045

1,067

1,080

1,137

989

1,074

1,152

1,160

966

1,133

1,172

1,036

968

950

1,094

1,029

1,068

969

Gross margin

306

383

461

440

325

411

448

418

355

396

423

408

342

315

374

416

272

296

340

308

209

243

251

248

234

233

253

267

213

170

202

239

186

230

317

279

202

200

236

284

236

280

250

OPERATING EXPENSES
Marketing and administrative expenses

179

171

164

181

182

169

159

187

185

164

159

155

142

158

141

151

134

136

130

130

129

115

110

130

132

135

128

134

133

129

115

128

137

130

119

141

135

131

123

138

124

135

128

Science and technology expenses

21

22

21

22

22

23

21

22

23

21

22

21

21

22

20

21

19

20

18

18

17

19

18

20

19

20

19

20

18

19

20

21

19

19

20

19

19

21

19

18

18

15

15

Goodwill impairment charge

944

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Charges related to cost reduction actions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2

5

19

0

12

0

6

1

1

15

0

2

34

0

0

0

0

5

15

3

6

3

8

Employee emergence equity program expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

6

Other expenses, net

32

21

1

10

5

-3

13

6

20

24

19

13

11

1

6

4

3

2

-4

4

5

36

-3

25

-37

-26

-6

-6

4

-9

8

3

8

-7

1

-16

-13

114

10

0

5

2

5

Total operating expenses

1,176

214

186

213

209

189

193

215

228

209

200

189

174

181

167

176

156

158

144

152

151

139

144

175

126

129

147

149

156

154

143

154

198

142

140

144

141

271

167

159

153

160

162

OPERATING INCOME (LOSS)

-870

169

275

227

116

222

255

203

127

187

223

219

168

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-operating income

-4

41

-2

-3

-2

-3

-4

-3

-4

37

-4

29

-2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

EARNINGS (LOSS) BEFORE INTEREST AND TAXES

-866

128

277

230

118

225

259

206

131

150

227

190

170

136

207

240

116

-

196

156

58

-

107

73

108

104

106

118

57

16

59

85

-12

88

177

135

61

-71

69

125

83

120

88

Interest expense, net

27

30

33

32

36

25

31

33

28

26

28

27

26

28

28

29

23

20

28

26

26

28

28

31

27

25

29

29

29

29

29

28

28

27

28

28

25

25

28

31

26

30

26

Loss on extinguishment of debt

-

-

-32

-

-

-

0

-

-

-

-71

-

-

-

-1

-

-

-

0

5

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

EARNINGS (LOSS) BEFORE TAXES

-893

98

212

198

82

200

228

173

103

124

128

163

144

108

178

211

93

118

168

135

32

30

79

42

81

79

77

89

28

-87

30

57

-40

61

149

107

36

-96

41

94

57

90

62

Income tax expense

24

27

61

59

39

29

67

49

11

127

32

67

43

16

65

73

34

8

55

44

13

-4

27

21

-39

-3

26

39

6

-36

-14

17

5

11

23

29

11

14

-19

-844

9

8

29

Equity in net earnings of affiliates

1

1

0

-1

1

0

1

-2

0

-

0

0

-

-

0

1

-

-

0

1

-

-

0

1

-

0

0

0

0

-4

0

0

0

1

0

1

0

1

1

1

1

-1

0

NET EARNINGS (LOSS)

-916

72

151

138

44

171

162

122

92

-3

96

96

101

88

113

139

59

110

113

92

19

34

52

22

120

82

51

50

22

-55

44

40

-45

51

126

79

25

-109

61

939

49

81

33

Net earnings attributable to noncontrolling interests

1

-1

1

0

0

0

1

1

0

1

0

0

0

2

1

1

2

1

1

1

1

1

0

1

0

0

0

1

0

1

0

1

1

1

2

1

1

1

3

2

1

1

0

NET EARNINGS (LOSS) ATTRIBUTABLE TO OWENS CORNING

-917

73

150

138

44

171

161

121

92

-4

96

96

101

86

112

138

57

109

112

91

18

33

52

21

120

82

51

49

22

-56

44

39

-46

50

124

78

24

-110

58

937

48

80

33

EARNINGS (LOSS) PER COMMON SHARE ATTRIBUTABLE TO OWENS CORNING COMMON STOCKHOLDERS
Basic (in dollars per share)

-8.43

0.67

1.37

1.27

0.40

1.56

1.46

1.09

0.83

-0.03

0.86

0.86

0.90

0.77

0.98

1.20

0.49

0.94

0.96

0.77

0.15

0.28

0.44

0.18

1.02

0.70

0.43

0.41

0.19

-0.47

0.37

0.32

-0.38

0.41

1.02

0.63

0.19

-0.80

0.46

7.39

0.38

0.64

0.27

Diluted (in dollars per share)

-8.43

0.66

1.36

1.26

0.40

1.54

1.45

1.08

0.82

-0.04

0.85

0.85

0.89

0.76

0.97

1.19

0.49

0.92

0.95

0.77

0.15

0.28

0.44

0.18

1.01

0.69

0.43

0.41

0.18

-0.47

0.37

0.32

-0.38

0.41

1.01

0.62

0.19

-0.80

0.46

7.33

0.38

0.63

0.26

Dividend (dollars per share)

-

-

-

-

-

-

-

-

-

-

0.20

0.20

0.20

0.20

0.18

0.18

0.18

0.17

0.17

0.17

0.17

0.16

0.16

0.16

0.16

0.00

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

WEIGHTED AVERAGE COMMON SHARES
WEIGHTED AVERAGE COMMON SHARES
Basic (in shares)

108

109

109

109

109

109

110

110

111

111

111

111

112

112

114

115

115

116

117

117

117

117

117

117

117

117

118

119

118

117

117

120

121

120

121

124

123

124

125

126

126

124

124

Diluted (in shares)

108

110

110

109

110

110

110

111

112

113

112

113

113

113

115

116

116

117

118

118

118

118

118

118

118

117

118

120

119

116

118

121

121

120

122

125

125

124

126

127

127

127

126