Rayonier advanced materials inc. (RYAM)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Net Sales

1,775,392

1,956,994

940,416

868,731

941,384

957,689

1,046,603

1,095,376

Cost of Sales

1,721,235

1,665,847

799,663

682,573

738,930

733,942

714,038

715,707

Gross Margin

54,157

291,147

140,753

186,158

202,454

223,747

332,565

379,669

Selling, general and administrative expenses

89,644

104,989

79,560

37,157

47,662

39,969

35,778

35,684

Duties

22,634

25,921

939

0

-

-

-

-

Other operating income (expense), net

-24,997

-12,422

-1,274

-5,684

-35,269

-120,823

-8,164

-2,003

Operating Income (Loss)

-83,118

147,815

58,980

143,317

119,523

62,955

288,623

341,982

Interest expense

60,267

55,923

39,967

34,627

36,869

22,378

0

0

Interest income and other, net

-24

5,019

2,352

737

210

-106

292

507

Other components of pension and OPEB, excluding service costs

4,875

-8,345

3,040

5,670

-

-

-

-

Gain on bargain purchase (Note 4)

0

20,449

316,555

0

0

-

-

-

Gain on derivative instrument

0

0

7,780

0

0

-

-

-

Gain on debt extinguishment

0

786

0

8,844

0

0

-

-

Income (Loss) From Continuing Operations Before Income Taxes

-148,284

126,491

342,660

112,601

82,864

40,471

288,915

342,489

Income tax benefit (expense) (Note 16)

-29,676

27,040

19,233

39,315

27,607

8,816

69,148

100,393

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

-118,608

99,451

323,427

-

-

-

-

-

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

96,158

28,965

1,537

-

-

-

-

-

Net Income (Loss) Attributable to Parent

-22,450

128,416

324,964

73,286

55,257

31,655

219,767

242,096

Preferred Stock Dividends, Income Statement Impact

8,582

13,800

13,800

5,404

0

-

-

-

Net Income (Loss) Available to Common Stockholders

-31,032

114,616

311,164

67,882

55,257

-

-

-

Earnings Per Share, Basic [Abstract]
Income (loss) from continuing operations (in dollars per share)

-2.33

1.70

7.13

-

-

-

-

-

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share

1.76

0.57

0.04

-

-

-

-

-

Net income per common share-basic (in dollars per share)

-0.57

2.27

7.17

1.61

1.31

0.75

5.21

5.74

Earnings Per Share, Diluted [Abstract]
Income (Loss) from Continuing Operations, Per Diluted Share

-2.33

1.52

5.78

-

-

-

-

-

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share

1.76

0.44

0.03

-

-

-

-

-

Net income per common share-diluted (in dollars per share)

-0.57

1.96

5.81

1.55

1.30

0.75

5.21

5.74

Dividends Declared Per Common Share (in dollars per share)

-

-

-

-

0.28

0.14

0.00

0.00

Comprehensive Income (Loss):
Net Income (Loss) Attributable to Parent

-22,450

128,416

324,964

73,286

55,257

31,655

219,767

242,096

Other Comprehensive Income (Loss), net of tax (Note 11):
Foreign currency translation adjustments

-5,394

-13,353

4,868

0

0

-

-

-

Unrealized gain (loss) on derivative instruments

12,912

-12,241

619

0

0

-

-

-

Net gain from pension and postretirement plans

-8,952

31,527

-28,442

460

6,176

28,326

-24,971

-406

Total other comprehensive income (loss)

16,470

-57,121

33,929

-460

-6,176

-28,326

24,971

406

Comprehensive Income

-5,980

71,295

358,893

72,826

49,081

3,329

244,738

242,502