SPX CORP SPXC Income Statement

Spx corp (SPXC)

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	Jul'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	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenues
369,300	444,600	364,800	372,400	343,600	445,000	362,500	379,200	351,900	387,000	348,500	349,700	340,600	395,300	345,000	371,400	360,600	349,200	374,100	459,400	376,300	-1,067,400	489,600	1,195,100	1,077,100	-1,429,400	1,145,800	1,161,900	1,090,500	1,322,500	1,176,700	1,241,900	1,153,500	985,200	1,166,000	1,136,800	984,900	537,000	1,288,400	1,188,800	1,084,600	648,400	1,173,600	1,193,500	1,159,600	1,481,900	1,504,900
Costs and expenses:
Cost of products sold
255,200	301,100	258,600	264,200	260,400	309,800	274,800	281,500	261,800	306,100	263,400	273,600	252,500	281,300	264,200	280,300	270,700	246,700	371,200	363,400	301,800	-672,600	377,100	847,900	775,600	-952,800	809,000	831,800	797,400	933,100	858,900	908,600	853,600	709,500	842,400	822,400	692,100	349,600	910,400	835,800	771,400	419,000	819,000	845,400	827,600	1,040,100	1,043,800
Selling, general and administrative
78,900	89,000	74,600	78,200	76,700	79,800	71,600	72,600	68,600	74,200	64,400	70,300	68,300	70,400	68,500	72,800	74,300	65,400	106,800	100,700	114,900	-112,600	111,900	244,400	267,500	-266,700	224,800	233,100	252,700	376,900	226,000	246,500	271,500	200,600	222,500	231,900	242,400	101,700	253,700	254,500	248,300	108,200	227,400	242,100	242,000	276,000	290,600
Intangible amortization
2,600	2,900	2,000	2,400	1,600	1,500	1,700	800	200	100	200	100	200	200	800	900	900	1,300	1,300	1,200	1,400	-12,300	1,400	8,300	8,300	-18,600	8,200	8,200	8,000	7,200	8,800	9,400	8,700	5,900	5,600	5,700	5,600	1,300	6,800	6,400	6,200	-1,700	5,600	5,200	5,200	6,400	6,600
Asset Impairment Charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,700	-	-	-	-	-	-	-	-	-	-	-
Special charges, net
300	600	2,000	1,300	100	1,700	1,000	1,600	2,000	700	1,000	500	500	500	1,900	2,400	500	-8,900	8,400	2,800	2,800	-9,900	1,300	4,500	10,000	-7,200	6,900	17,800	400	6,200	6,400	8,400	2,400	7,200	7,200	4,200	2,400	10,600	8,900	4,400	6,800	-5,000	19,300	23,300	11,900	4,800	4,200
Other operating (income) expense
400	-	-	-	-1,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expenses
-	-	0	0	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	4,000	-	0	0	0	-	-	-	-	-	0	0	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on contract settlement
-	-	-	-	-	-	-	-	-	-	10,200	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Business
-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,700	-1,200	17,900	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
32,700	51,000	27,600	26,300	3,000	52,200	13,400	22,700	19,300	5,900	29,700	5,200	19,100	16,800	11,300	13,800	28,100	44,700	-113,600	-8,700	-44,600	-288,900	-2,100	90,000	15,700	-182,100	96,900	71,000	30,000	-286,800	76,600	69,000	17,300	58,400	88,300	47,900	42,400	72,100	108,600	87,700	51,900	121,800	102,300	77,500	72,900	154,600	159,700
Other income, net
700	-15,000	1,000	1,900	7,200	-11,500	700	2,200	1,000	-3,100	1,200	-3,200	-2,000	-17,500	900	100	1,200	-2,500	-4,600	1,700	-4,600	1,500	-900	-1,200	490,600	-1,600	-4,100	-2,300	2,200	-5,000	0	-2,800	21,800	-22,000	-33,700	-900	3,000	1,000	-6,800	-1,800	-12,100	-1,100	-6,600	-1,600	-12,200	-10,700	-4,200
Interest expense
4,700	5,400	5,000	5,300	5,300	6,200	5,900	5,100	4,300	4,200	4,300	4,600	4,000	3,700	3,800	3,800	3,500	3,500	6,300	6,500	5,700	-17,000	5,000	16,300	19,300	-17,500	27,100	27,100	29,200	29,400	28,700	27,800	28,500	25,500	23,800	23,700	24,000	23,400	22,400	20,600	20,500	23,200	22,900	22,800	23,000	28,300	29,300
Interest income
0	500	400	600	300	400	300	300	500	400	200	300	400	400	0	200	200	-100	400	400	600	-2,100	1,100	2,300	2,200	-3,000	2,600	1,500	2,100	1,800	1,600	1,600	1,300	1,500	1,400	1,400	1,300	1,400	1,000	1,300	1,600	1,400	1,800	2,100	2,100	3,400	1,900
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,300	-	-	-	-1,400	-	-	0	0	0	-32,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on early extinguishment of interest rate protection agreements and term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,600	-	-	-	-	-	-	-	-
Equity earnings in joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300	500	0	-	300	500	-	11,600	11,400	10,100	9,100	13,600	8,600	6,900	9,500	7,500	7,100	5,000	8,800	7,900	6,400	7,200	8,700	7,500	5,600	5,500	10,800	9,900	11,600
Income from continuing operations before income taxes
28,700	30,500	24,000	23,500	5,200	34,500	8,500	20,100	16,500	-1,900	26,800	-2,300	13,500	-4,000	7,100	10,300	26,000	37,800	-125,200	-12,600	-54,300	-273,300	-6,600	75,300	456,700	-157,600	79,700	53,200	14,200	-305,800	58,100	46,900	21,400	19,900	39,300	29,700	31,500	59,000	61,200	73,800	29,600	106,400	80,200	60,700	50,600	128,900	139,700
Income tax provision
6,000	2,000	2,800	4,100	4,600	-4,800	1,700	400	4,100	-61,900	4,800	6,000	3,200	-1,000	500	3,800	5,800	5,900	5,500	-800	-13,300	-46,700	5,600	18,600	160,000	-50,200	16,600	14,000	-400	-45,900	9,600	9,000	13,100	-16,300	-11,500	4,700	10,800	8,200	21,500	4,200	11,700	10,400	29,400	21,600	12,300	17,800	49,400
Preferred Stock Dividends and Other Adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	18,100	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to SPX Corporation common shareholders after adjustment related to redeemable noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-86,100	1,900	-14,100	13,000	-9,500	-105,000	38,900	-7,100	-39,300	63,300	51,200	318,200	86,700	69,300	45,200	8,700	61,700	57,800	47,400	13,500	-	60,700	-	-	-	39,400	-	-	-	-	-	-	-	-
Amounts attributable to SPX Corporation common shareholders after adjustment related to redeemable noncontrolling interest:
Income from continuing operations
22,700	-	-	-	600	-	-	-	-	-	-	-	-	-3,000	6,600	-10,600	19,600	35,000	-105,100	-9,700	-38,400	-216,900	-11,800	57,900	297,100	-105,800	63,900	37,200	13,500	-260,400	46,100	37,100	9,000	35,200	49,200	24,300	19,000	52,300	39,400	70,400	18,700	95,700	48,500	39,500	38,700	110,200	90,400
Income from continuing operations
-	-	21,200	19,400	-	39,300	6,800	19,700	12,400	60,000	22,000	-8,300	10,300	-3,000	6,600	6,500	20,200	31,900	-130,700	-11,800	-41,000	-226,600	-12,200	56,700	296,700	-107,400	63,100	39,200	14,600	-259,900	48,500	37,900	8,300	36,200	50,800	25,000	20,700	50,800	39,700	69,600	17,900	96,000	50,800	39,100	38,300	111,100	90,300
Income (loss) from discontinued operations, net of tax
0	0	0	0	0	0	0	0	0	0	0	0	0	-4,000	-4,000	-3,100	-5,500	-41,000	700	48,700	31,400	177,800	78,700	-600	100	195,700	5,200	5,300	600	6,900	12,400	10,900	4,800	18,800	11,100	7,300	6,000	13,400	100	-200	-200	-178,300	-1,900	500	-1,900	1,000	4,200
Loss on disposition of discontinued operations, net of tax
0	-3,100	300	-200	-1,400	-100	-200	3,300	0	-1,400	300	-700	7,100	-79,100	-700	-400	-1,100	-3,700	-600	-500	-400	1,300	-2,900	-6,100	21,000	-1,700	200	2,700	-5,200	315,000	-700	-600	-300	-900	400	2,700	-1,900	-400	-100	8,600	3,600	9,100	-16,900	-6,500	-12,100	6,200	100
Loss from discontinued operations, net of tax
0	-	-	-	-1,400	-	-	-	-	-	-	-	-	-83,100	-4,700	-3,500	-6,600	-44,500	100	48,600	31,300	177,600	75,100	-6,700	21,100	192,500	5,400	8,000	-4,800	322,100	11,700	10,300	4,500	17,900	11,500	10,000	4,100	13,000	0	8,400	3,400	-167,800	-2,500	-6,100	-14,300	6,800	4,400
Income (loss) from discontinued operations, net of tax
-	-	300	-200	-	-100	-200	3,300	0	-1,400	300	-700	7,100	-83,100	-4,700	-3,500	-6,600	-44,700	100	48,200	31,000	179,100	75,800	-6,700	21,100	194,000	5,400	8,000	-4,600	321,900	11,700	10,300	4,500	17,900	11,500	10,000	4,100	13,000	0	8,400	3,400	-169,200	-18,800	-6,000	-14,000	7,200	4,300
Net income
-	-	21,500	19,200	-	39,200	6,600	23,000	12,400	58,600	22,300	-9,000	17,400	-86,100	1,900	3,000	13,600	-12,800	-130,600	36,400	-10,000	-47,500	63,600	50,000	317,800	86,600	68,500	47,200	10,000	62,000	60,200	48,200	12,800	54,100	62,300	35,000	24,800	63,800	39,700	78,000	21,300	-73,200	32,000	33,100	24,300	118,300	94,600
Less: Net loss attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-1,000	600	-3,300	-25,600	-2,500	-2,900	-8,200	300	-1,200	-400	-100	-800	2,000	1,300	300	2,400	800	-700	1,000	1,600	700	1,700	-1,500	300	-800	-800	-1,100	-14,000	-300	-100	1,300	-200
Net income (loss)
22,700	-	-	-	-800	-	-	-	-	-	-	-	-	-	1,900	4,000	-	-	-105,000	38,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34,300	23,100	-	-	78,800	22,100	-72,100	46,000	33,400	24,400	117,000	94,800
Net income attributable to SPX Corporation common shareholders after adjustment related to redeemable noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-86,100	1,900	-14,100	13,000	-9,500	-105,000	38,900	-7,100	-39,300	63,300	51,200	318,200	86,700	69,300	45,200	8,700	61,700	57,800	47,400	13,500	-	60,700	-	-	-	39,400	-	-	-	-	-	-	-	-
Basic income (loss) per share of common stock:
Net income
22,700	-	-	-	-800	-	-	-	-	-	-	-	-	-	1,900	4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34,300	23,100	-	-	78,800	22,100	-72,100	46,000	33,400	24,400	117,000	94,800
Income from continuing operations (in dollars per share)
0.51	0.78	0.48	0.44	0.01	0.91	0.16	0.46	0.29	1.42	0.51	-0.19	0.24	-0.08	0.16	-0.25	0.47	0.87	-2.58	-0.24	-0.95	-4.80	-0.28	1.34	6.72	-2.34	1.43	0.81	0.29	-5.20	0.92	0.74	0.18	0.70	0.97	0.48	0.38	1.05	0.79	1.42	0.38	1.92	0.99	0.81	0.78	2.03	1.68
Income (loss) from discontinued operations (in dollars per share)
0.00	-0.08	0.01	0.00	-0.03	0.00	-0.01	0.08	0.00	-0.03	0.01	-0.02	0.17	-1.98	-0.12	-0.09	-0.16	-1.10	0.00	1.20	0.77	4.19	1.79	-0.15	0.47	4.23	0.12	0.18	-0.10	6.43	0.24	0.21	0.09	0.35	0.23	0.20	0.08	0.26	0.00	0.17	0.07	-3.39	-0.05	-0.13	-0.29	0.13	0.09
Net income per share (in dollars per share)
0.51	0.70	0.49	0.44	-0.02	0.91	0.15	0.54	0.29	1.39	0.52	-0.21	0.41	-2.06	0.04	-0.34	0.31	-0.23	-2.58	0.96	-0.18	-0.61	1.51	1.19	7.19	1.89	1.55	0.99	0.19	1.23	1.16	0.95	0.27	1.05	1.20	0.68	0.46	1.31	0.79	1.59	0.45	-1.47	0.94	0.68	0.49	2.16	1.77
Weighted-average number of common shares outstanding — basic
44,309	44,164	44,072	43,914	43,618	43,376	43,080	42,988	42,772	42,616	42,540	42,388	42,108	41,832	41,721	41,594	41,293	41,164	40,663	40,602	40,503	40,500	41,796	43,068	44,236	44,731	44,709	45,678	46,418	49,599	49,958	49,954	50,613	50,560	50,618	50,554	50,264	99,474	49,740	49,657	0	147,499	0	0	49,952	0	0
Diluted income (loss) per share of common stock:
Income from continuing operations (in dollars per share)
0.50	0.76	0.47	0.43	0.01	0.88	0.15	0.44	0.28	1.36	0.50	-0.19	0.24	-0.08	0.16	-0.25	0.47	0.87	-2.58	-0.24	-0.95	-4.69	-0.28	1.32	6.59	-2.32	1.42	0.81	0.28	-5.18	0.92	0.73	0.17	0.70	0.97	0.47	0.37	1.04	0.78	1.40	0.37	1.92	0.98	0.80	0.77	2.00	1.65
Income (loss) from discontinued operations (in dollars per share)
0.00	-0.07	0.01	0.00	-0.03	0.00	0.00	0.07	0.00	-0.03	0.01	-0.02	0.16	-1.95	-0.12	-0.09	-0.16	-1.10	0.00	1.20	0.77	4.09	1.79	-0.15	0.47	4.18	0.12	0.17	-0.10	6.44	0.24	0.20	0.09	0.34	0.23	0.20	0.08	0.26	-0.01	0.17	0.07	-3.37	-0.05	-0.12	-0.29	0.12	0.08
Net income per share (in dollars per share)
0.50	0.69	0.48	0.43	-0.02	0.88	0.15	0.51	0.28	1.33	0.51	-0.21	0.40	-2.03	0.04	-0.34	0.31	-0.23	-2.58	0.96	-0.18	-0.60	1.51	1.17	7.06	1.86	1.54	0.98	0.18	1.26	1.16	0.93	0.26	1.04	1.20	0.67	0.45	1.29	0.78	1.57	0.44	-1.45	0.93	0.68	0.48	2.12	1.73
Weighted-average number of common shares outstanding — diluted
45,527	44,880	45,176	44,892	44,880	44,660	44,904	44,723	44,353	45,714	44,064	42,388	43,454	43,022	42,475	41,594	41,553	41,164	40,663	40,602	40,503	41,346	41,796	43,900	45,082	45,565	45,037	45,972	47,450	47,718	50,038	50,909	51,459	50,675	50,804	51,365	50,940	100,648	50,445	50,294	0	148,909	0	0	50,278	0	0
Comprehensive income
9,800	-	18,700	15,300	900	-	5,600	20,000	16,800	-	41,400	-8,900	16,400	-	-4,900	-600	-25,100	-	-170,500	77,300	-140,500	-	-52,300	41,900	323,700	-	140,600	55,900	-75,800	-	139,600	-82,700	78,000	-	-30,100	69,500	114,300	-	-	-	-	-	-	-	-	-	-