RESOLUTE FOREST PRODUCTS INC. RFP Income Statement

Resolute forest products inc. (RFP)

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
Sales
689,000	668,000	705,000	755,000	795,000	932,000	974,000	976,000	874,000	898,000	885,000	858,000	872,000	889,000	888,000	891,000	877,000	894,000	905,000	926,000	920,000	1,055,000	1,096,000	1,091,000	1,016,000	1,150,000	1,130,000	1,107,000	1,074,000	1,128,000	1,153,000	1,168,000	1,054,000	1,147,000	1,224,000	1,200,000	1,185,000
Costs and expenses:
Depreciation and amortization
42,000	43,000	42,000	42,000	40,000	51,000	54,000	54,000	53,000	51,000	52,000	50,000	51,000	49,000	51,000	54,000	52,000	61,000	59,000	60,000	57,000	59,000	60,000	62,000	62,000	61,000	61,000	61,000	60,000	59,000	59,000	58,000	57,000	56,000	55,000	55,000	54,000
Selling, general and administrative expenses
34,000	33,000	30,000	36,000	37,000	40,000	40,000	42,000	43,000	48,000	43,000	37,000	42,000	32,000	37,000	40,000	38,000	45,000	34,000	40,000	41,000	37,000	41,000	41,000	36,000	40,000	38,000	44,000	44,000	35,000	41,000	41,000	32,000	36,000	45,000	40,000	37,000
Closure costs, impairment and other related charges
-2,000	18,000	0	0	0	-	0	1,000	-	2,000	8,000	65,000	7,000	25,000	0	37,000	0	173,000	2,000	0	6,000	131,000	85,000	52,000	10,000	33,000	4,000	12,000	40,000	87,000	5,000	88,000	5,000	12,000	17,000	4,000	13,000
Net gain on disposition of assets
-	-	1,000	0	-	-	0	4,000	-	-	2,000	0	-	0	0	0	2,000	0	0	0	0	-	0	2,000	-	-	0	2,000	-	7,000	4,000	1,000	23,000	0	-1,000	3,000	1,000
Operating income (loss)
-8,000	-69,000	-18,000	40,000	64,000	75,000	135,000	121,000	48,000	53,000	46,000	-48,000	-9,000	-10,000	10,000	-18,000	0	-226,000	6,000	16,000	-15,000	-93,000	-40,000	-8,000	-33,000	8,000	36,000	3,000	-49,000	-53,000	31,000	-32,000	26,000	56,000	72,000	52,000	27,000
Interest expense
9,000	7,000	8,000	7,000	9,000	11,000	12,000	11,000	13,000	13,000	13,000	12,000	11,000	9,000	10,000	9,000	10,000	9,000	9,000	11,000	12,000	12,000	12,000	11,000	12,000	12,000	12,000	13,000	14,000	15,000	17,000	18,000	16,000	18,000	19,000	28,000	30,000
Non-operating pension and OPEB credits (costs)
-15,000	-11,000	-12,000	-12,000	-12,000	-12,000	-13,000	-12,000	-13,000	-1,000	-2,000	-1,000	-3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
28,000	0	-17,000	-1,000	-4,000	1,000	14,000	-3,000	-7,000	-5,000	6,000	5,000	0	-7,000	1,000	0	13,000	-1,000	-1,000	1,000	5,000	-25,000	-65,000	20,000	-13,000	-20,000	5,000	-65,000	18,000	0	19,000	-10,000	13,000	3,000	-68,000	-2,000	19,000
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
26,000	-65,000	-31,000	44,000	63,000	77,000	150,000	119,000	41,000	36,000	41,000	-54,000	-17,000	-34,000	1,000	-27,000	3,000	-236,000	-4,000	6,000	-22,000	-130,000	-117,000	1,000	-58,000	-24,000	29,000	-75,000	-45,000	-68,000	33,000	-60,000	23,000	41,000	-15,000	22,000	16,000
Income Tax Expense (Benefit)
27,000	6,000	12,000	19,000	21,000	41,000	33,000	47,000	31,000	21,000	15,000	19,000	29,000	10,000	-14,000	13,000	10,000	-23,000	2,000	10,000	10,000	-22,000	-1,000	1,000	-8,000	-22,000	617,000	-31,000	-40,000	-47,000	-4,000	2,000	10,000	45,000	27,000	-39,000	-14,000
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-1,000	-71,000	-43,000	25,000	42,000	36,000	117,000	72,000	10,000	15,000	26,000	-73,000	-46,000	-44,000	15,000	-40,000	-7,000	-213,000	-6,000	-4,000	-32,000	-108,000	-116,000	0	-50,000	-2,000	-588,000	-44,000	-5,000	-41,000	37,000	-62,000	33,000	-4,000	-42,000	61,000	30,000
Net income attributable to noncontrolling interest
0	0	0	0	0	0	0	0	0	2,000	2,000	1,000	1,000	1,000	1,000	2,000	1,000	1,000	0	0	1,000	1,000	0	2,000	0	1,000	0	-1,000	0	1,000	0	-45,000	10,000	-	2,000	0	-
Net income (loss) attributable to Resolute Forest Products Inc.
-1,000	-71,000	-43,000	25,000	42,000	36,000	117,000	72,000	10,000	13,000	24,000	-74,000	-47,000	-45,000	14,000	-42,000	-8,000	-214,000	-6,000	-4,000	-33,000	-109,000	-116,000	-2,000	-50,000	-3,000	-588,000	-43,000	-5,000	-42,000	37,000	-17,000	23,000	0	-44,000	61,000	30,000
Earnings Per Share [Abstract]
Earnings Per Share, Basic
-0.01	-0.76	-0.47	0.27	0.45	0.39	1.28	0.79	0.11	0.14	0.27	-0.82	-0.52	-0.50	0.16	-0.47	-0.09	-2.32	-0.07	-0.04	-0.35	-1.15	-1.23	-0.02	-0.53	-0.03	-6.22	-0.45	-0.05	-0.43	0.38	-0.17	0.23	0.00	-0.46	0.63	0.31
Earnings Per Share, Diluted
-0.01	-0.76	-0.47	0.27	0.45	0.39	1.25	0.77	0.11	0.15	0.26	-0.82	-0.52	-0.49	0.15	-0.47	-0.09	-2.32	-0.07	-0.04	-0.35	-1.15	-1.23	-0.02	-0.53	-0.03	-6.22	-0.45	-0.05	-0.43	0.38	-0.17	0.23	0.00	-0.46	0.63	0.31
Weighted-average number of Resolute Forest Products Inc. common shares outstanding:
Weighted Average Number of Shares Outstanding, Basic
88,100	89,900	90,900	92,400	92,400	91,400	91,300	91,300	91,200	91,000	90,500	90,300	90,200	90,300	89,900	89,800	89,600	89,500	91,100	94,100	94,900	94,600	94,600	94,600	94,600	94,600	94,600	94,800	94,800	95,500	98,100	98,900	97,100	97,100	97,100	97,100	97,100
Weighted Average Number of Shares Outstanding, Diluted
88,100	87,200	90,900	93,600	93,900	93,600	93,400	93,200	93,000	89,900	91,600	90,300	90,200	89,800	90,400	89,800	89,600	89,500	91,100	94,100	94,900	94,600	94,600	94,600	94,600	94,600	94,600	94,800	94,800	95,900	98,100	98,900	97,100	97,100	97,100	97,100	97,100
Product [Member]
Cost of sales, excluding depreciation and amortization
524,000	550,000	558,000	536,000	554,000	668,000	628,000	639,000	614,000	643,000	628,000	646,000	671,000	684,000	681,000	668,000	677,000	729,000	687,000	692,000	718,000	791,000	816,000	812,000	821,000	874,000	857,000	859,000	856,000	878,000	890,000	881,000	836,000	855,000	893,000	911,000	922,000
Distribution costs [Member]
Cost of sales, excluding depreciation and amortization
99,000	94,000	94,000	101,000	100,000	119,000	117,000	123,000	116,000	114,000	110,000	108,000	110,000	109,000	109,000	110,000	112,000	112,000	117,000	118,000	113,000	130,000	134,000	134,000	120,000	134,000	134,000	130,000	123,000	129,000	131,000	133,000	121,000	132,000	141,000	141,000	133,000