Scotts Miracle-Gro Co SMG Income Statement

Scotts miracle-gro co (SMG)

Income statement / TTM

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
3,416	3,223	3,156	3,092	2,916	2,740	2,663	2,606	2,584	2,656	2,642	2,337	2,358	2,519	2,506	2,405	2,522	2,349	2,371	2,590	2,595	2,604	2,578	2,809	2,830	2,757	2,773	2,696	2,614	2,776	2,770	2,806	2,809	2,769	2,799	2,815	2,929	2,850	2,873	3,707	0	0	0
Cost of sales
2,293	2,180	2,130	2,075	1,964	1,851	1,778	1,716	1,670	1,686	1,669	1,448	1,494	1,597	1,600	1,534	1,619	1,543	1,557	1,748	1,719	1,719	1,688	1,788	1,790	1,774	1,793	1,745	1,736	1,814	1,813	1,833	1,805	1,762	1,769	1,763	1,796	1,766	1,784	2,277	0	0	0
Cost of sales—impairment, restructuring and other
6	3	5	12	24	23	20	11	0	0	-	0	-	-	5	4	7	8	3	3	0	0	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Cost of sales-product registration and recall matters
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	3	4	3	2	3	4	0	0	0
Gross profit
1,117	1,039	1,019	1,003	928	865	864	878	914	969	972	889	863	920	900	866	895	798	810	839	876	885	890	1,020	1,037	981	978	948	877	962	956	953	984	985	1,009	1,047	1,129	1,081	1,085	1,425	0	0	0
Operating expenses:
Selling, general and administrative
620	604	601	583	561	548	540	533	542	555	550	488	486	508	518	483	487	475	488	512	546	569	567	664	664	659	659	666	675	705	703	691	686	665	686	700	709	709	692	767	0	0	0
Impairment, restructuring and other
1	1	7	107	126	136	132	33	14	4	4	1	-4	-53	-51	-36	10	62	70	59	57	59	50	57	24	18	18	6	-0	4	7	20	21	0	-	0	0	-	-	-	-	-	-
Product registration and recall matters
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	11	12	10	11	9	5	4	5	7	0	0	0
Other expense, net
0	-1	-1	3	3	5	6	7	11	13	16	19	18	18	13	6	2	1	2	5	9	10	10	10	10	9	10	6	4	3	2	-0	1	1	0	3	0	-0	5	7	0	0	0
Operating Income (Loss), Total
495	431	409	316	243	185	198	319	370	423	433	418	399	483	447	425	399	262	253	272	281	267	283	309	357	312	310	281	203	248	241	219	241	270	274	310	397	348	374	657	0	0	0
Equity in income of unconsolidated affiliates
0	2	3	5	6	5	4	4	10	-15	-29	-18	-29	-5	7	-3	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs related to refinancing
0	0	-	-	0	0	-	-	-	-	-	-	-	-	8	8	8	8	0	0	10	0	-	0	0	-	-	0	0	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Interest expense
90	96	101	102	100	93	86	81	79	78	76	69	64	61	62	62	59	55	48	47	46	43	47	50	54	59	59	59	59	59	61	63	60	56	51	45	42	43	43	48	0	0	0
Other non-operating income, net
12	270	270	270	268	-1	-1	-17	-20	-10	-13	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	249	293	252	251	0	0	0	-	156	179	212	222	263	355	305	331	609	0	0	0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total
402	592	581	489	417	96	115	225	280	318	314	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense from continuing operations
101	144	144	127	108	31	-11	9	45	82	116	117	110	148	137	128	120	74	76	80	85	76	80	87	104	90	91	81	54	72	67	60	68	78	82	95	129	114	123	224	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest, Total
301	448	436	361	309	65	127	215	235	236	198	213	195	267	246	388	400	0	-	0	0	-	145	161	188	162	159	140	89	116	111	96	111	133	139	167	225	191	207	384	0	0	0
Income (loss) from discontinued operations, net of tax
23	20	23	9	-56	-59	-63	-38	11	26	20	12	90	63	68	86	-13	0	-	0	0	-	20	0	0	1	1	1	-2	-3	-5	-4	-1	28	28	21	27	2	-3	0	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total
324	468	460	371	252	5	63	177	246	262	218	225	286	330	314	317	237	151	158	167	156	157	166	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (income) loss attributable to noncontrolling interest
0	-0	-0	-0	-0	-0	0	0	0	0	0	0	-0	-0	-0	-1	-1	-1	-1	-0	0	0	-0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent, Total
324	468	460	371	252	5	63	177	246	262	218	225	286	331	315	318	238	153	159	168	156	157	166	162	188	163	161	140	85	112	106	93	111	161	167	188	253	193	204	384	0	0	0
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	55	-	55	55	55	-	55	56	57	-	59	59	60	-	61	61	61	-	61	60	60	-	61	61	62	-	61	61	61	-	61	60	60	-	64	65	66	-	66	66	65	65
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	55	-	56	55	55	-	56	57	57	-	60	60	60	-	61	62	61	-	62	62	60	-	62	62	62	-	62	62	61	-	62	62	60	-	66	67	66	-	67	67	65	66
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