POLYONE CORP POL Income Statement

Polyone corp (POL)

Income statement / Quarterly

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	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Sales
711,500	503,000	705,300	903,800	750,600	335,600	729,000	914,800	901,600	161,000	818,500	814,100	796,700	586,700	746,700	758,200	847,000	327,000	841,600	887,100	873,100	869,300	958,400	1,005,500	1,002,300	923,600	1,008,900	1,037,600	801,100	651,000	707,700	756,600	745,500	486,300	735,800	768,800	718,500	502,100	680,800	692,900	630,400
Cost of sales
540,000	379,900	544,800	698,300	582,500	263,000	571,800	718,300	703,100	114,200	639,000	626,200	614,500	443,800	580,600	576,300	661,500	200,100	672,500	701,400	703,300	716,700	775,800	821,000	814,100	808,700	827,600	833,900	638,800	531,300	572,600	612,600	613,200	422,900	621,800	639,600	595,800	433,800	569,500	566,100	526,700
Gross margin
171,500	123,100	160,500	205,500	168,100	72,600	157,200	196,500	198,500	46,800	179,500	187,900	182,200	142,900	166,100	181,900	185,500	126,900	169,100	185,700	169,800	152,600	182,600	184,500	188,200	114,900	181,300	203,700	162,300	119,700	135,100	144,000	132,300	63,400	114,000	129,200	122,700	68,300	111,300	126,800	103,700
Selling and administrative expense
118,700	128,100	117,400	133,900	121,000	98,900	108,500	119,100	119,700	99,400	113,800	109,900	100,200	100,300	94,100	100,100	114,200	88,900	99,900	105,400	99,700	166,900	119,000	135,100	131,800	93,000	119,700	123,000	121,900	129,400	91,600	100,700	95,300	151,300	71,500	78,700	76,800	76,100	74,600	70,700	71,500
Income related to previously owned equity affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,800	0	0	100	23,000	0	0	400	18,100	0	0	133,900	22,200	10,500	7,800	1,500
Operating income
52,800	-5,000	43,100	71,600	47,100	-26,300	48,700	77,400	78,800	-52,600	65,700	78,000	82,000	42,600	72,000	81,800	71,300	38,000	69,200	80,300	70,100	-14,300	63,600	49,400	56,400	48,700	61,600	80,700	40,500	13,300	43,500	43,300	37,400	-69,800	42,500	50,500	179,800	14,400	47,200	63,900	33,700
Interest expense, net
-9,400	-11,900	-15,500	-16,200	-15,900	-15,600	-15,600	-16,100	-15,500	-15,500	-15,500	-15,200	-14,600	-15,400	-15,100	-14,600	-14,600	80,300	-16,200	-16,200	16,100	15,600	15,400	15,700	15,500	15,300	16,000	16,600	15,600	13,700	12,400	12,400	12,300	8,500	8,300	8,400	8,500	8,300	7,500	7,700	8,000
Debt extinguishment costs
-	-	0	0	-	-	0	-100	-	0	0	0	-300	0	0	-400	0	-	0	0	-	-	-	-	-	0	-5,200	0	-10,600	0	0	0	0	-	-	-	-	-	-29,400	-	-
Other income, net
1,600	10,600	600	800	100	-15,100	700	400	1,100	-2,900	1,300	600	900	18,700	-100	100	300	-200	-1,600	-700	-700	-1,300	-1,800	-400	-1,000	200	-1,600	-1,200	1,400	-700	-500	-900	-1,300	0	-900	1,600	-200	-200	-300	-1,200	-700
Income from continuing operations before income taxes
45,000	-6,300	28,200	56,200	31,300	-58,000	33,800	61,600	64,400	-71,000	51,500	63,400	68,000	45,900	56,800	66,900	57,000	5,900	51,400	63,400	53,300	-31,200	46,400	33,300	39,900	33,600	38,800	62,900	15,700	-1,100	30,600	30,000	23,800	-79,200	33,300	43,700	171,100	5,800	10,000	55,000	25,000
Income tax expense
11,900	6,200	4,600	14,100	8,800	-13,700	1,300	10,100	16,700	-44,000	11,300	13,800	19,700	11,600	14,000	16,800	18,000	-900	6,900	-3,600	23,100	-16,200	14,100	2,600	10,700	13,000	15,800	24,600	4,700	21,200	-11,200	11,600	8,500	-72,300	11,700	15,200	60,900	39,400	6,400	6,900	4,000
Net income from continuing operations
33,100	-12,500	23,600	42,100	22,500	-44,300	32,500	51,500	47,700	-27,000	40,200	49,600	48,300	-	42,800	50,100	-	-	-	-	-	-	32,300	30,700	-	20,600	23,000	38,300	11,000	100	19,400	18,400	15,300	-	-	-	-	-	-	-	-
(Loss) income from discontinued operations, net of income taxes
-300	477,800	19,500	0	15,800	55,500	17,700	-300	-800	65,100	-1,400	-231,000	-1,400	-	-500	-100	-	-	-	-	-	-	400	800	-	3,600	-200	142,300	4,100	2,900	4,600	6,200	4,900	-	-	-	-	-	-	-	-
Net income
32,800	465,300	43,100	42,100	38,300	11,200	50,200	51,200	46,900	-	38,800	-181,400	-	33,700	42,300	50,000	39,000	3,000	44,500	67,000	30,200	-15,000	32,700	31,500	29,200	24,200	22,800	180,600	15,100	3,000	24,000	24,600	20,200	12,300	21,600	28,500	110,200	-	-	-	-
Net income attributable to noncontrolling interests
0	0	100	0	100	-200	0	-100	0	-	0	0	-	-100	0	0	-100	-100	0	200	0	-400	0	-200	-200	-400	-200	-300	-200	-100	0	0	0	0	0	0	0	-	-	-	-
Net income attributable to PolyOne common shareholders
32,800	465,300	43,000	42,100	38,200	11,400	50,200	51,300	46,900	38,000	38,800	-181,400	46,900	33,800	42,300	50,000	39,100	3,100	44,500	66,800	30,200	-14,600	32,700	31,700	29,400	24,600	23,000	180,900	15,300	3,100	24,000	24,600	20,200	12,300	21,600	28,500	110,200	89,900	3,600	48,100	21,000
Earnings per share attributable to PolyOne common shareholders - Basic:
Continuing operations (in USD per share)
0.38	-0.16	0.31	0.54	0.29	-0.55	0.41	0.65	0.59	-0.33	0.50	0.61	0.58	-	0.51	0.59	-	-	-	-	-	-0.14	0.35	0.33	0.31	0.23	0.24	0.39	0.12	0.00	0.22	0.21	0.17	-	-	-	-	-	-	-	-
Discontinued operations (in USD per share)
0.00	6.19	0.25	0.00	0.20	0.71	0.22	-0.01	-0.01	0.79	-0.02	-2.83	-0.01	-	-0.01	0.00	-	-	-	-	-	-	0.01	0.01	-	0.06	0.00	1.46	0.05	0.03	0.05	0.07	0.06	-	-	-	-	-	-	-	-
Total (in USD per share)
0.38	6.03	0.56	0.54	0.49	0.16	0.63	0.64	0.58	0.46	0.48	-2.22	0.57	0.42	0.50	0.59	0.46	0.05	0.51	0.75	0.34	-	0.36	0.34	-	0.29	0.24	1.85	0.17	0.03	0.27	0.28	0.23	0.15	0.24	0.31	1.17	0.96	0.04	0.52	0.23
Earnings per share attributable to PolyOne common shareholders - Diluted:
Continuing operations (in USD per share)
0.38	-0.16	0.30	0.54	0.29	-0.54	0.40	0.64	0.59	-0.32	0.49	0.60	0.58	-	0.51	0.59	-	-	-	-	-	-0.16	0.35	0.33	0.31	0.22	0.24	0.39	0.12	0.00	0.22	0.20	0.17	-	-	-	-	-	-	-	-
Discontinued operations (in USD per share)
0.00	6.15	0.26	0.00	0.20	0.70	0.22	-0.01	-0.01	0.78	-0.02	-2.80	-0.01	-	-0.01	0.00	-	-	-	-	-	-	0.00	0.01	-	0.08	0.00	1.44	0.04	0.04	0.05	0.07	0.05	-	-	-	-	-	-	-	-
Total (in USD per share)
0.38	5.99	0.56	0.54	0.49	0.16	0.62	0.63	0.58	0.46	0.47	-2.20	0.57	0.40	0.50	0.59	0.46	0.05	0.50	0.74	0.34	-	0.35	0.34	-	0.30	0.24	1.83	0.16	0.04	0.27	0.27	0.22	0.17	0.23	0.30	1.14	0.93	0.04	0.50	0.22
Weighted-average shares used to compute earnings per common share:
Basic (in shares)
86,300	76,800	76,900	77,300	77,800	78,700	79,800	79,900	80,400	80,900	81,200	81,800	82,100	82,900	83,900	84,100	84,700	85,600	87,500	88,900	89,200	89,900	91,800	93,000	94,500	95,900	96,700	97,700	91,700	89,400	88,800	89,100	89,100	90,000	91,800	93,100	93,900	94,000	93,100	92,800	92,500
Plus dilutive impact of share-based compensation (in shares)
400	700	500	400	400	100	900	900	900	300	800	700	600	800	600	600	800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in shares)
86,700	77,500	77,400	77,700	78,200	78,800	80,700	80,800	81,300	81,200	82,000	82,500	82,700	83,700	84,500	84,700	85,500	86,500	88,400	89,800	90,100	90,900	93,100	94,300	95,700	96,000	98,100	99,100	92,800	87,600	90,200	90,700	90,700	91,300	94,000	95,500	96,400	96,100	96,300	96,300	95,300
Anti-dilutive shares not included in diluted common shares outstanding (in shares)
800	100	600	800	900	-100	0	0	100	-	-	0	300	300	200	0	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends declared per share of common stock (in USD per share)
0.20	0.20	0.19	0.19	0.19	0.19	0.17	0.17	0.17	0.17	0.13	0.13	0.13	0.13	0.12	0.12	0.12	0.12	0.10	0.10	0.10	0.10	0.08	0.08	0.08	0.08	0.06	0.06	0.06	0.05	0.05	0.05	0.05	0.04	0.04	0.04	0.04	-	-	0.00	-