Element Solutions Inc PAH Income Statement

Element solutions inc (PAH)

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	Mar'13
Net sales
1,828,700	1,835,900	1,859,600	1,883,400	1,928,300	1,961,000	1,077,700	1,069,800	1,509,300	1,878,600	1,417,700	1,827,600	1,808,100	1,770,100	3,371,000	3,077,800	2,831,300	2,542,300	2,080,800	1,680,300	1,194,300	843,200	0	0	0	0
Cost of sales
1,041,400	1,047,600	1,060,400	1,080,300	1,103,500	1,123,400	615,000	608,500	862,800	1,064,800	765,600	1,008,600	1,008,400	992,800	1,985,800	1,825,000	1,690,500	1,550,400	1,249,900	988,900	674,800	446,600	0	0	0	0
Gross profit
787,300	788,300	799,200	803,100	824,800	837,600	462,700	461,300	646,500	813,800	652,100	819,000	799,700	777,300	1,385,200	1,252,800	1,140,800	991,900	830,900	691,400	519,500	396,600	0	0	0	0
Operating expenses:
Selling, technical, general and administrative
479,800	497,000	517,800	528,500	546,400	544,800	309,900	310,600	450,600	567,200	454,700	588,800	569,700	596,300	1,088,000	1,008,500	949,500	857,500	721,200	599,900	478,900	360,900	0	0	0	0
Research and development
48,900	42,200	43,100	43,600	43,700	44,300	21,600	22,300	36,200	46,400	41,600	51,300	46,700	45,000	76,200	71,900	69,800	62,800	55,600	45,400	32,900	26,200	0	0	0	0
Restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Total operating expenses
528,700	539,200	560,900	572,100	590,100	589,100	331,500	332,900	486,800	613,600	542,900	686,700	663,000	687,900	1,164,200	1,080,400	1,019,300	920,300	776,800	645,300	511,800	387,100	0	0	0	0
Operating profit
258,600	249,100	238,300	231,000	234,700	248,500	131,200	128,400	159,700	200,200	109,200	132,300	136,700	89,400	221,000	172,400	121,500	71,600	54,100	46,100	7,700	9,500	0	0	0	0
Interest, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other (expense) income:
Interest expense, net
-69,300	-90,700	-151,300	-211,800	-271,900	-311,000	-311,200	-318,000	-324,700	-336,900	-341,700	-355,500	-367,900	-372,300	-360,400	-314,600	-268,300	-213,900	-157,700	-113,000	-69,600	-37,900	0	0	0	-
Loss on derivative contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-
Foreign exchange (loss) gain
-24,200	28,700	-8,300	-11,800	14,100	-5,500	30,400	23,900	-33,600	-53,700	-61,800	-60,900	24,000	-34,500	0	0	0	-	0	0	0	-	0	-	-	-
Other income (expense), net
2,200	-46,200	-45,000	-48,000	-45,000	14,800	-60,200	-59,500	-55,900	-70,000	-18,900	95,700	86,500	85,600	47,300	-66,500	-48,500	-43,600	17,800	16,400	1,600	-200	0	0	0	0
Total other expense
-91,300	-108,200	-204,600	-271,600	-302,800	-301,700	-341,000	-353,600	-414,200	-460,600	-422,400	-320,700	-257,400	-321,200	-346,100	-488,000	-465,200	-300,900	-206,000	-81,500	-36,400	-40,400	0	0	0	0
Income (loss) before income taxes and non-controlling interests
167,300	140,900	33,700	-40,600	-68,100	-53,200	-209,800	-225,200	-254,500	-260,400	-313,200	-188,400	-120,700	-231,800	-125,100	-315,600	-343,700	-229,300	-151,900	-35,400	-28,700	-30,900	0	0	0	0
Income tax (expense) benefit
75,800	61,300	42,700	-33,300	3,500	23,800	-75,700	-58,500	-77,400	-68,600	-78,800	-56,800	-41,000	-41,300	80,900	95,900	68,800	75,100	56,800	19,800	15,900	-6,700	0	0	0	0
Net income (loss) from continuing operations
91,500	79,600	-9,000	-7,300	-71,600	-77,000	-99,700	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of tax
-13,900	13,300	63,600	-337,100	-262,400	-242,900	-322,700	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
77,600	92,900	54,600	-344,400	-334,000	-319,900	-501,800	-162,200	-234,000	-295,600	-150,000	-17,800	34,100	-76,700	-206,000	-411,500	-412,500	-304,400	-208,700	-55,200	-44,600	-24,200	0	0	0	0
Net income attributable to non-controlling interests
0	700	1,600	4,600	4,500	4,500	-700	-800	500	600	6,600	-2,200	-2,600	-3,000	-4,600	1,800	4,200	4,200	4,300	5,800	4,600	5,700	0	0	0	0
Net loss attributable to stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-308,600	-213,000	-61,000	-49,200	-29,900	0	0	0	0
Gain on amendment of Series B Convertible Preferred Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-
Accrued payment-in-kind dividend on cumulative preferred shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net income attributable to common stockholders
77,600	92,200	53,000	-349,000	-338,500	-324,400	-501,100	-161,400	-234,500	-296,200	-156,600	17,300	69,600	-40,800	-179,000	0	0	-	0	-	-	-	-	-	-	0
Earnings (loss) per share
Basic from continuing operations (in dollars per share)
0.03	0.29	-0.02	0.06	-0.02	-0.04	-0.02	-0.17	-0.04	-	-0.13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic from discontinued operations (in dollars per share)
0.00	0.00	-0.01	-0.05	0.11	0.16	-1.40	0.21	0.17	-	-0.11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in dollars per share)
0.03	0.29	-0.03	0.01	0.09	0.12	-1.42	0.04	0.13	-0.50	-0.24	-0.21	-0.09	0.01	0.45	-0.04	-0.59	-0.66	-0.66	-0.06	-0.14	-1.96	0.09	0.00	-0.07	0.00
Diluted from continuing operations (in dollars per share)
0.03	0.28	-0.02	0.06	-0.02	-0.04	-0.02	-0.17	-0.04	-	-0.13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted from discontinued operations (in dollars per share)
0.00	0.00	-0.01	-0.05	0.11	0.16	-1.40	0.21	0.17	-	-0.11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in dollars per share)
0.03	0.28	-0.03	0.01	0.09	0.12	-1.42	0.04	0.13	-0.50	-0.24	-0.21	-0.09	0.13	-0.15	-0.04	-0.59	-0.66	-0.66	-0.06	-0.14	-1.95	0.08	0.00	-0.07	0.00
Weighted average common shares outstanding
Basic (in shares)
250,300	250,500	254,400	257,300	268,200	288,500	288,200	288,200	287,900	287,100	286,700	286,100	284,500	279,700	234,400	229,600	229,500	217,200	210,900	192,800	191,900	168,100	137,300	128,600	107,200	0
Diluted (in shares)
252,000	258,200	254,400	259,600	268,200	288,500	288,200	288,200	287,900	287,100	286,700	286,100	284,500	365,600	264,500	229,600	229,500	217,200	210,900	192,800	191,900	152,700	152,700	128,600	107,200	0