Scotts Miracle-Gro Co SMG Income Statement

Scotts miracle-gro co (SMG)

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	Dec'09	Jun'09
Net sales
1,382,800	365,800	497,700	1,170,300	1,189,900	298,100	434,000	994,600	1,013,300	221,500	376,700	973,400	1,084,600	207,400	72,400	994,100	1,245,200	194,500	-28,200	1,111,300	1,071,800	216,200	191,300	1,116,400	1,081,000	189,600	422,900	1,137,100	1,007,900	205,800	345,600	1,054,900	1,170,400	199,600	381,200	1,058,700	1,129,600	230,200	397,300	1,172,600	1,050,700	252,400	1,231,400
Cost of sales
829,200	311,300	405,600	747,000	716,800	261,100	350,800	635,900	604,100	187,500	288,600	590,000	620,300	170,600	67,400	636,300	723,500	172,800	1,500	722,100	646,800	186,900	192,200	693,100	647,200	155,700	292,700	695,300	630,600	174,700	245,300	685,700	708,500	174,000	265,600	657,500	665,600	180,300	259,800	690,800	635,100	198,700	752,400
Cost of sales—impairment, restructuring and other
3,400	300	2,500	-100	1,000	2,500	9,400	11,100	0	0	-	0	-	-	400	400	100	5,000	-600	3,400	200	0	-	0	0	-	-	1,500	100	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Cost of sales-product registration and recall matters
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200	200	-	0	1,100	1,300	800	1,500	0	600	900	3,300
Gross profit
550,200	54,200	89,500	423,400	472,100	34,500	73,800	347,600	409,200	34,000	88,100	383,400	464,300	36,800	4,600	357,400	521,600	16,700	-29,100	385,800	424,800	29,300	-900	423,300	433,800	33,900	129,600	440,300	377,200	31,100	100,300	369,000	461,700	25,600	97,300	400,100	462,700	49,100	136,000	481,800	415,000	52,800	475,700
Operating expenses:
Selling, general and administrative
195,600	119,800	138,900	166,400	179,700	116,300	121,400	144,500	166,000	108,200	114,600	153,400	178,800	104,100	51,900	151,900	200,900	113,300	17,700	155,300	188,900	126,900	41,600	189,000	212,200	124,300	139,200	189,200	206,700	124,500	146,300	197,600	236,900	122,500	134,500	192,400	216,200	143,200	148,300	201,300	216,700	126,300	223,000
Impairment, restructuring and other
300	-2,500	3,100	600	200	3,500	103,000	19,300	10,200	-200	3,700	400	1,000	-200	200	-5,800	-47,200	1,300	15,300	40,900	4,600	9,600	4,400	39,200	6,100	300	11,400	7,000	100	-400	0	-400	5,100	2,400	-	13,800	0	-	-	-	-	-	-
Product registration and recall matters
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	3,800	3,300	300	3,600	5,700	1,200	900	1,400	1,500	1,100	1,700	3,100
Other expense, net
-600	500	-1,500	1,800	-2,000	400	3,400	1,900	-700	2,100	4,000	6,500	800	5,300	6,700	5,600	1,300	200	-1,100	1,800	300	1,200	2,300	5,800	1,600	1,000	2,500	4,900	1,500	1,100	-700	2,200	700	600	-4,100	4,200	300	500	-1,200	1,100	-500	6,200	400
Operating Income (Loss), Total
353,700	-62,600	-53,900	258,200	290,200	-84,900	-147,200	185,700	232,300	-71,900	-26,200	236,100	285,300	-61,800	-40,800	216,900	369,200	-97,700	-63,200	191,400	231,600	-106,000	-44,600	200,900	217,100	-89,700	-18,500	249,000	171,900	-91,900	-47,100	170,200	217,100	-99,000	-68,700	192,400	245,600	-94,500	-33,400	280,100	196,700	-69,000	250,000
Equity in income of unconsolidated affiliates
0	0	0	0	2,000	1,300	1,700	1,100	1,500	600	1,100	7,200	-24,100	-13,200	11,300	-3,500	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs related to refinancing
0	15,100	-	-	0	0	-	-	-	-	-	-	-	-	0	0	0	8,800	0	0	0	0	-	0	10,700	-	-	0	0	-	-	-	-	-	-	1,200	-	-	-	-	-	-	-
Interest expense
22,700	20,000	21,800	25,900	28,900	25,200	22,800	23,200	22,600	17,800	17,500	21,800	21,500	15,300	10,600	16,900	19,100	16,300	9,800	14,300	15,000	9,700	8,600	12,800	12,000	13,900	11,300	16,800	17,900	13,200	12,000	16,600	17,900	15,300	13,700	14,000	13,800	9,500	8,200	11,200	14,100	9,700	13,700
Other non-operating income, net
2,800	2,600	2,400	5,100	260,100	2,900	2,400	2,600	-9,200	2,500	-13,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	196,500	350,100	-122,800	-	177,100	216,600	-115,700	-	188,100	194,400	-103,600	-29,800	232,200	154,000	-105,100	-	153,600	199,200	-114,300	-82,400	177,200	231,800	-104,000	-41,600	268,900	182,600	-78,700	236,300
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total
333,800	-95,100	-73,300	237,400	523,400	-105,900	-165,900	166,200	202,000	-86,600	-56,000	221,500	239,700	-90,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense from continuing operations
84,000	-23,800	-17,700	59,400	126,500	-23,300	-35,300	40,700	49,300	-66,600	-13,700	76,900	85,600	-32,200	-12,700	69,500	124,300	-43,500	-22,000	62,000	78,000	-41,700	-18,000	67,400	68,700	-37,900	-10,700	84,500	54,900	-36,800	-20,900	57,200	72,700	-41,200	-28,700	65,500	83,200	-37,300	-15,700	99,400	68,400	-28,600	85,600
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest, Total
249,800	-71,300	-55,500	178,000	396,900	-82,600	-130,600	125,500	152,700	-20,000	-42,300	144,600	154,100	-58,100	-27,400	127,000	225,800	-79,300	-	115,100	138,600	-	-35,200	120,700	125,700	-65,700	-19,100	147,700	99,100	-68,300	-38,200	96,400	126,500	-73,100	-53,700	111,700	148,600	-66,700	-25,900	169,500	114,200	-50,100	150,700
Income (loss) from discontinued operations, net of tax
2,600	0	-2,600	23,600	-500	2,900	-16,300	-42,700	-3,700	-1,200	8,900	7,300	11,100	-6,800	500	85,700	-16,000	-1,500	-	17,900	-14,300	-	19,600	1,000	0	100	-300	500	900	600	-500	-3,100	-700	-800	300	-100	29,000	-1,200	-6,700	6,400	4,300	-7,600	-2,900
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total
252,400	-71,300	-58,100	201,600	396,400	-79,700	-146,900	82,800	149,000	-21,200	-33,400	151,900	165,200	-64,900	-26,900	212,700	209,800	-80,800	-24,600	133,000	124,300	-74,000	-15,600	121,700	125,700	-65,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (income) loss attributable to noncontrolling interest
200	100	-200	-100	-100	-100	0	-100	100	0	0	0	100	400	-300	-400	-300	500	-1,000	-400	-300	600	-300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent, Total
252,200	-71,400	-57,900	201,700	396,500	-79,600	-146,900	82,900	148,900	-21,200	-33,400	151,900	165,100	-65,300	-26,600	213,100	210,100	-81,300	-23,600	133,400	124,600	-74,600	-15,300	121,700	125,700	-65,600	-19,400	148,200	100,000	-67,700	-40,100	93,300	127,200	-73,900	-53,400	111,600	177,600	-67,900	-32,600	175,900	118,500	-57,700	147,800
Basic income (loss) per common share:
Income from continuing operations (USD per share)
4.48	-1.28	-0.99	3.21	7.17	-1.49	-2.35	2.27	2.70	-0.35	-0.72	2.44	2.58	-0.97	-0.43	2.09	3.68	-1.30	-	1.89	2.28	-	-0.57	1.97	2.03	-1.06	-0.31	2.39	1.61	-1.11	-0.63	1.58	2.08	-1.20	-0.83	1.73	2.26	-1.00	-0.38	2.55	1.72	-0.76	2.32
Income (loss) from discontinued operations (USD per share)
0.05	0.00	-0.05	0.42	-0.01	0.05	-0.29	-0.77	-0.06	-0.02	0.16	0.13	0.18	-0.12	0.00	1.40	-0.26	-0.02	-	0.29	-0.23	-	0.31	0.02	0.00	0.00	0.00	0.01	0.01	0.01	-0.03	-0.05	0.01	-0.01	0.02	0.00	0.44	-0.02	-0.10	0.10	0.07	-0.12	-0.05
Basic income per common share (USD per share)
4.53	-1.28	-1.04	3.63	7.16	-1.44	-2.64	1.50	2.64	-0.37	-0.56	2.57	2.76	-1.09	-0.43	3.49	3.42	-1.32	-0.38	2.18	2.05	-1.23	-0.26	1.99	2.03	-1.06	-0.31	2.40	1.62	-1.10	-0.66	1.53	2.09	-1.21	-0.81	1.73	2.70	-1.02	-0.48	2.65	1.79	-0.88	2.27
Weighted-average common shares outstanding during the period (shares)
55,700	55,800	-	55,500	55,400	55,300	-	55,400	56,500	57,600	-	59,200	59,800	60,100	-	61,100	61,400	61,500	-	61,300	60,900	60,800	-	61,300	61,900	62,100	-	61,700	61,600	61,400	-	61,100	60,900	60,900	-	64,500	65,800	66,300	-	66,500	66,200	65,900	65,000
Diluted income (loss) per common share:
Income from continuing operations (USD per share)
4.43	-1.28	-0.99	3.15	7.10	-1.49	-2.31	2.23	2.66	-0.35	-0.69	2.41	2.54	-0.97	-0.42	2.06	3.64	-1.30	-	1.85	2.24	-	-0.55	1.93	2.00	-1.06	-0.29	2.36	1.59	-1.11	-0.59	1.55	2.04	-1.20	-0.78	1.69	2.20	-1.00	-0.36	2.50	1.69	-0.76	2.28
Income (loss) from discontinued operations (USD per share)
0.04	0.00	-0.05	0.41	-0.01	0.05	-0.26	-0.76	-0.07	-0.02	0.15	0.12	0.19	-0.12	0.01	1.38	-0.26	-0.02	-	0.29	-0.23	-	0.31	0.02	0.00	0.00	-0.01	0.01	0.01	0.01	-0.04	-0.05	0.01	-0.01	0.02	0.00	0.43	-0.02	-0.09	0.09	0.07	-0.12	-0.04
Diluted income per common share (USD per share)
4.47	-1.28	-1.04	3.56	7.09	-1.44	-2.57	1.47	2.59	-0.37	-0.54	2.53	2.73	-1.09	-0.41	3.44	3.38	-1.32	-0.35	2.14	2.01	-1.23	-0.24	1.95	2.00	-1.06	-0.30	2.37	1.60	-1.10	-0.63	1.50	2.05	-1.21	-0.76	1.69	2.63	-1.02	-0.45	2.59	1.76	-0.88	2.24
Weighted-average common shares outstanding during the period plus dilutive potential common shares (shares)
56,400	55,800	-	56,600	55,900	55,300	-	56,300	57,400	57,600	-	60,000	60,600	60,100	-	61,900	62,200	61,500	-	62,300	62,100	60,800	-	62,400	62,900	62,100	-	62,600	62,400	61,400	-	62,200	62,000	60,900	-	66,200	67,600	66,300	-	67,900	67,400	65,900	66,100
Dividends declared per common share (USD per share)
-	-	-	-	-	-	-	-	-	-	-	0.50	0.50	0.50	-	0.47	0.47	0.47	-	0.45	0.45	0.45	-	0.43	0.43	0.43	-	0.32	0.32	0.33	-	0.30	0.30	0.30	-	0.25	0.25	0.25	-	0.12	0.12	0.12	0.12