SCHNITZER STEEL INDUSTRIES, INC. SCHN Income Statement

Schnitzer steel industries, inc. (SCHN)

Income statement / TTM

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10	Aug'10	May'10	Feb'10	Nov'09
Revenues
1,940	1,974	2,132	2,254	2,359	2,445	2,364	2,189	2,014	1,836	1,687	1,583	1,458	1,365	1,352	1,418	1,534	1,682	1,915	2,143	2,312	2,500	2,534	2,500	2,575	2,611	2,616	2,727	2,897	3,121	3,340	3,659	3,761	3,596	3,459	3,017	2,739	2,582	2,301	0	0	0
Operating expense:
Cost of goods sold
1,698	1,733	1,858	1,962	2,036	2,094	2,010	1,858	1,720	1,574	1,464	1,370	1,254	1,187	1,175	1,242	1,372	1,519	1,742	1,956	2,117	2,281	2,315	2,312	2,380	2,409	2,409	2,507	2,663	2,879	3,079	3,333	3,396	3,211	3,072	2,679	2,407	2,271	2,019	0	0	0
Selling, general and administrative
193	186	191	189	195	209	208	200	194	185	171	164	158	147	148	157	155	164	170	175	181	184	187	182	186	189	189	192	193	197	205	218	224	216	205	187	173	169	158	0	0	0
Environmental reserves charges (releases), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
(Income) from joint ventures
1	1	1	1	2	1	1	1	1	3	3	4	3	1	0	0	0	0	1	1	1	1	1	1	1	1	1	1	0	1	2	3	4	4	4	4	4	3	3	0	0	0
Goodwill impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairment charges (recoveries), net
2	1	0	0	-0	-0	-1	-1	-1	-1	-0	1	2	21	20	19	63	0	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring charges and other exit-related activities
4	-0	-0	1	1	0	0	0	0	0	0	-1	-0	5	6	8	14	14	13	12	8	5	6	9	8	8	7	10	8	6	5	0	0	0	-	-	-	-	-	-	-	-
Operating income (loss)
41	53	83	104	130	145	148	133	101	81	56	52	48	-3	-7	-17	-36	-200	-195	-185	-178	28	24	-337	-332	-328	-323	18	33	39	53	111	144	172	185	154	162	145	125	0	0	0
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0
Interest expense
7	7	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	9	9	9	10	10	10	10	10	9	9	9	10	11	13	13	11	8	5	2	2	2	0	0	0
Other (expense) income, net
0	0	0	0	1	1	1	0	0	1	0	1	1	1	1	2	2	3	4	3	4	1	1	0	-0	-0	0	1	1	1	1	0	0	2	3	4	4	1	1	0	0	0
Total other income (expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0
Income (loss) from continuing operations before income taxes
35	46	76	96	123	137	141	124	93	74	48	45	40	-10	-15	-24	-42	-205	-200	-191	-184	20	14	-347	-343	-338	-332	10	25	31	42	98	131	164	180	152	163	144	125	0	0	0
Income tax (expense) benefit
8	11	17	-9	-4	-19	-17	6	-3	7	1	0	0	1	0	-3	-2	-13	-12	-1	-7	3	2	-64	-57	-58	-56	2	6	11	14	30	40	51	57	50	54	48	40	0	0	0
Income (loss) from continuing operations
26	35	58	106	128	156	159	118	97	67	47	45	39	-11	-16	-20	-40	-191	-187	-195	0	0	-	0	-	-	-	-	-	-	-	-	-	-	123	102	109	96	84	0	0	0
Income (loss) from discontinued operations, net of tax
-0	-0	-0	0	0	0	0	-0	-0	-0	-0	-0	-0	-1	-1	-2	-3	-6	-7	-6	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-0	1	1	1	-13	0	0	0
Net income (loss)
26	35	58	106	128	157	159	118	97	66	46	44	39	-13	-17	-22	-43	-198	-195	-198	-185	13	9	-287	-290	-283	-280	8	18	19	28	67	90	112	123	103	110	97	70	0	0	0
Net income attributable to noncontrolling interests
2	1	1	2	2	2	3	3	2	2	2	2	2	2	1	1	1	1	1	2	2	3	3	3	2	2	1	0	0	1	1	3	4	4	5	4	4	4	3	0	0	0
Net income (loss) attributable to SSI shareholders
24	33	56	104	126	154	156	115	94	64	44	42	36	-15	-19	-24	-45	-199	-197	-200	-187	9	5	-290	-292	-285	-281	7	17	18	27	64	86	107	118	99	106	93	66	0	0	0
Net income per share attributable to SSI shareholders Basic:
Income (loss) per share from continuing operations
0.14	-0.26	0.43	0.57	0.47	0.59	2.17	1.35	1.47	0.66	0.68	0.60	0.40	-0.05	0.60	0.41	-1.48	-0.19	0.42	-0.31	-7.08	-0.06	-	0.13	-	-	-	-	-	-	-	-	-	-	1.33	1.18	1.12	0.65	0.59	1.45	0.63	0.23
Income (loss) per share from discontinued operations
-	-	-	0.00	-	-	0.00	0.00	0.01	0.00	-0.01	0.00	0.00	0.00	-0.01	0.00	-0.04	0.00	-0.03	-0.05	-0.16	-0.03	-	-0.01	-	-	-	-	-	-	-	-	-	-	-0.01	0.01	0.00	0.00	0.04	0.00	0.00	-0.54
Net income (loss) per share
0.14	-0.25	0.42	0.57	0.47	0.59	2.17	1.35	1.48	0.66	0.67	0.60	0.40	-0.05	0.61	0.40	-1.52	-0.20	0.40	-0.36	-7.24	-0.09	0.26	0.12	0.07	-0.23	-10.85	0.03	0.32	-0.06	-0.02	0.41	0.35	0.26	1.32	1.19	1.12	0.65	0.63	1.45	0.63	-0.31
Net income per share attributable to SSI shareholders Diluted:
Income (loss) per share from continuing operations
0.14	-0.26	0.42	0.56	0.46	0.57	2.09	1.31	1.42	0.64	0.65	0.60	0.40	-0.05	0.60	0.41	-1.48	-0.19	0.42	-0.31	-7.08	-0.06	-	0.13	-	-	-	-	-	-	-	-	-	-	1.33	1.17	1.10	0.64	0.58	1.43	0.62	0.23
Income (loss) per share from discontinued operations
-	-	-	0.00	-	-	0.00	0.00	0.01	0.00	-0.01	0.00	0.00	0.00	-0.01	0.00	-0.04	0.00	-0.03	-0.05	-0.16	-0.03	-	-0.01	-	-	-	-	-	-	-	-	-	-	-0.02	0.01	0.00	0.00	0.04	0.00	0.00	-0.53
Net income (loss) per share
0.14	-0.25	0.41	0.56	0.46	0.57	2.10	1.31	1.42	0.64	0.63	0.60	0.40	-0.05	0.61	0.40	-1.52	-0.20	0.40	-0.36	-7.24	-0.09	0.26	0.12	0.07	-0.23	-10.85	0.03	0.32	-0.06	-0.01	0.40	0.35	0.25	1.31	1.18	1.10	0.64	0.62	1.43	0.62	-0.30
Weighted average number of common shares:
Basic
27	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27	26	26	26	26	26	26	26	26	26	26	27	27	27	27	27	27	27	27	27	27	27
Diluted
28	27	28	28	28	28	28	28	28	28	29	27	27	27	27	27	27	27	27	27	27	26	27	27	26	26	26	26	26	26	26	27	27	27	28	27	27	27	28	28	28	28
Dividends declared per common share (in dollars per share)
-	-	-	0.18	-	-	-	0.18	0.18	0.18	-	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01