| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenues | ||||||||||||
1,525,400 | 1,538,600 | 1,425,800 | 1,472,300 | 1,559,000 | 1,694,400 | 1,968,800 | 4,894,600 | 4,272,900 | 4,098,800 | 4,175,100 | 5,826,600 | 4,542,200 |
Costs and expenses: | ||||||||||||
Cost of products sold | ||||||||||||
1,084,300 | 1,127,900 | 1,095,600 | 1,096,500 | 1,283,100 | 1,328,000 | 1,485,400 | 3,554,200 | 3,066,400 | 2,867,200 | 2,911,000 | 4,061,200 | 3,222,300 |
Selling, general and administrative | ||||||||||||
318,500 | 292,600 | 277,200 | 286,000 | 387,800 | 511,200 | 443,900 | 1,120,900 | 897,400 | 858,200 | 819,700 | 1,127,900 | 884,500 |
Intangible amortization | ||||||||||||
8,900 | 4,200 | 600 | 2,800 | 5,200 | 5,700 | 5,800 | 34,100 | 22,800 | 20,700 | 14,300 | 25,700 | 17,800 |
Asset Impairment Charges | ||||||||||||
- | - | - | 30,100 | 0 | 28,900 | 0 | 285,900 | 28,300 | 1,700 | 6,100 | 123,000 | 4,000 |
Special charges, net | ||||||||||||
4,000 | 6,300 | 2,700 | 5,300 | 5,100 | 5,900 | 17,900 | 23,400 | 21,000 | 30,700 | 49,500 | 17,200 | 5,200 |
Other operating (income) expense | ||||||||||||
1,800 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Gain on contract settlement | ||||||||||||
0 | 0 | 10,200 | 0 | 0 | - | - | - | - | - | - | - | - |
Gain (Loss) on Disposition of Business | ||||||||||||
- | - | - | 18,400 | 0 | 0 | - | - | - | - | - | - | - |
Operating income | ||||||||||||
107,900 | 107,600 | 59,900 | 70,000 | -122,200 | -185,300 | 15,800 | -123,900 | 237,000 | 320,300 | 374,500 | 471,600 | 408,400 |
Other income, net | ||||||||||||
-4,900 | -7,600 | -7,100 | -15,300 | -10,000 | 490,000 | -5,800 | 14,000 | -53,600 | -19,700 | -21,500 | -1,200 | -2,300 |
Interest expense | ||||||||||||
21,000 | 21,500 | 17,100 | 14,800 | 22,000 | 23,600 | 65,900 | 114,400 | 97,000 | 86,900 | 91,900 | 116,000 | 76,900 |
Interest income | ||||||||||||
1,800 | 1,500 | 1,300 | 800 | 1,300 | 3,500 | 3,200 | 6,300 | 5,600 | 5,300 | 7,400 | 10,900 | 9,100 |
Loss on amendment/refinancing of senior credit agreement | ||||||||||||
600 | 400 | 900 | 1,300 | 1,400 | - | - | - | - | - | - | - | - |
Loss on early extinguishment of debt | ||||||||||||
- | - | - | - | - | -32,500 | 0 | - | - | - | - | - | -3,300 |
Loss on early extinguishment of interest rate protection agreements and term loan | ||||||||||||
- | - | - | - | - | - | - | - | - | 25,600 | - | - | - |
Equity earnings in joint ventures | ||||||||||||
- | - | - | - | - | - | 42,200 | 38,600 | 28,400 | 30,200 | 29,400 | 45,500 | 39,900 |
Income from continuing operations before income taxes | ||||||||||||
83,200 | 79,600 | 36,100 | 39,400 | -154,300 | 252,100 | -10,500 | -179,400 | 120,400 | 223,600 | 297,900 | 410,800 | 374,900 |
Income tax provision | ||||||||||||
13,500 | 1,400 | -47,900 | 9,100 | -2,700 | 137,500 | -20,000 | -14,200 | -12,300 | 45,600 | 73,700 | 152,300 | 83,500 |
Adjustment related to redeemable noncontrolling interest (Note 15) | ||||||||||||
5,600 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Preferred Stock Dividends and Other Adjustments | ||||||||||||
- | - | - | 18,100 | 0 | 0 | - | - | - | - | - | - | - |
Net income attributable to SPX Corporation common shareholders after adjustment related to redeemable noncontrolling interest | ||||||||||||
70,900 | 81,200 | 89,300 | -85,300 | -82,700 | 393,400 | 209,900 | 180,400 | 171,200 | 205,600 | - | - | - |
Amounts attributable to SPX Corporation common shareholders after adjustment related to redeemable noncontrolling interest: | ||||||||||||
Income from continuing operations | ||||||||||||
75,300 | 78,200 | 84,000 | 12,600 | -118,200 | 126,300 | 8,800 | -168,200 | 127,700 | 180,800 | 222,400 | 251,900 | 291,000 |
Income from continuing operations | ||||||||||||
69,700 | 78,200 | 84,000 | 30,300 | -151,600 | 114,600 | 9,500 | -165,200 | 132,700 | 178,000 | 224,200 | 258,500 | 291,400 |
Income (loss) from discontinued operations, net of tax | ||||||||||||
0 | 0 | 0 | -16,600 | 39,800 | 256,000 | 206,800 | 35,000 | 43,200 | 13,100 | -181,600 | 9,700 | 8,200 |
Loss on disposition of discontinued operations, net of tax | ||||||||||||
-4,400 | 3,000 | 5,300 | -81,300 | -5,200 | 13,300 | -4,000 | 313,400 | 300 | 11,700 | -26,400 | 4,600 | -3,500 |
Loss from discontinued operations, net of tax | ||||||||||||
-4,400 | 3,000 | 5,300 | -97,900 | 35,500 | 267,100 | 201,100 | 348,600 | 43,500 | 24,800 | -190,700 | -4,000 | 3,200 |
Income (loss) from discontinued operations, net of tax | ||||||||||||
-4,400 | 3,000 | 5,300 | -97,900 | 34,600 | 269,300 | 202,800 | 348,400 | 43,500 | 24,800 | -208,000 | 14,300 | 4,700 |
Net income | ||||||||||||
65,300 | 81,200 | 89,300 | -67,600 | -117,000 | 383,900 | 212,300 | 183,200 | 176,200 | 202,800 | 16,200 | 272,800 | 296,100 |
Less: Net loss attributable to noncontrolling interests | ||||||||||||
0 | 0 | 0 | -400 | -34,300 | -9,500 | 2,400 | 2,800 | 5,000 | -2,800 | -15,500 | 24,900 | 1,900 |
Net income (loss) | ||||||||||||
65,300 | 81,200 | 89,300 | -67,200 | -82,700 | 393,400 | - | - | - | - | 31,700 | 247,900 | 294,200 |
Net income attributable to SPX Corporation common shareholders after adjustment related to redeemable noncontrolling interest | ||||||||||||
70,900 | 81,200 | 89,300 | -85,300 | -82,700 | 393,400 | 209,900 | 180,400 | 171,200 | 205,600 | - | - | - |
Basic income (loss) per share of common stock: | ||||||||||||
Net income | ||||||||||||
65,300 | 81,200 | 89,300 | -67,200 | -82,700 | - | - | - | - | - | 31,700 | 247,900 | 294,200 |
Income from continuing operations (in dollars per share) | ||||||||||||
1.71 | 1.82 | 1.98 | 0.30 | -2.90 | 2.98 | 0.19 | -3.36 | 2.53 | 3.64 | 4.50 | 4.70 | 5.25 |
Income (loss) from discontinued operations (in dollars per share) | ||||||||||||
-0.10 | 0.07 | 0.13 | -2.35 | 0.87 | 6.30 | 4.43 | 6.97 | 0.86 | 0.50 | -3.86 | -0.07 | 0.06 |
Net income per share (in dollars per share) | ||||||||||||
1.61 | 1.89 | 2.11 | -2.05 | -2.03 | 9.28 | 4.62 | 3.61 | 3.39 | 4.14 | 0.64 | 4.63 | 5.31 |
Weighted-average number of common shares outstanding — basic | ||||||||||||
43,942 | 43,054 | 42,413 | 41,610 | 40,733 | 42,400 | 45,384 | 50,031 | 50,499 | 49,718 | 49,363 | 0 | 0 |
Diluted income (loss) per share of common stock: | ||||||||||||
Income from continuing operations (in dollars per share) | ||||||||||||
1.67 | 1.75 | 1.91 | 0.30 | -2.90 | 2.94 | 0.19 | -3.36 | 2.51 | 3.59 | 4.47 | 4.63 | 5.16 |
Income (loss) from discontinued operations (in dollars per share) | ||||||||||||
-0.09 | 0.07 | 0.12 | -2.32 | 0.87 | 6.20 | 4.37 | 6.97 | 0.85 | 0.49 | -3.83 | -0.07 | 0.05 |
Net income per share (in dollars per share) | ||||||||||||
1.58 | 1.82 | 2.03 | -2.02 | -2.03 | 9.14 | 4.56 | 3.61 | 3.36 | 4.08 | 0.64 | 4.56 | 5.21 |
Weighted-average number of common shares outstanding — diluted | ||||||||||||
44,957 | 44,660 | 43,905 | 42,161 | 40,733 | 43,031 | 46,006 | 50,031 | 50,946 | 50,347 | 49,797 | 0 | 0 |