SUMMIT MATERIALS, INC. SUM Income Statement

Summit materials, inc. (SUM)

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	Jul'17	Apr'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
Revenue:
Revenue from Contract with Customer [Abstract]
Revenue
2,256	2,222	2,156	2,119	2,119	2,101	2,099	2,039	1,962	1,932	1,865	1,760	1,681	1,626	1,604	1,547	1,466	1,432	1,364	1,287	1,247	1,204	0	0	0
Cost of revenue (excluding items shown separately below):
Cost of Goods and Services Sold
1,545	1,526	1,525	1,513	1,519	1,475	1,555	1,433	1,312	1,281	1,070	1,007	969	934	924	904	864	847	820	792	779	753	0	0	0
Total cost of revenue
-	-	-	-	-	-	-	-	1,312	-	1,237	1,163	1,112	1,071	1,068	1,044	1,008	990	961	934	916	887	0	0	0
General and administrative expenses
265	262	253	250	251	253	257	257	254	242	234	239	256	243	213	191	155	177	194	187	182	150	0	0	0
Depreciation, depletion, amortization and accretion
213	217	218	217	213	204	196	191	186	179	173	164	156	149	142	135	125	119	110	100	94	87	0	0	0
Transaction costs
2	2	1	2	3	4	5	6	7	7	7	7	4	6	6	5	11	9	8	11	7	8	0	0	0
Operating loss
229	213	182	159	156	162	191	196	202	220	212	186	151	154	174	169	164	135	89	54	45	69	0	0	0
Interest expense
114	116	118	118	117	116	115	115	112	108	104	101	100	97	94	90	82	84	86	87	92	86	0	0	0
Loss on debt financings
0	-14	-14	-14	-14	-0	-4	-4	-4	-4	0	0	0	-	-	-	-	-71	0	0	0	-	-	-	-
Tax receivable agreement expense (benefit)
-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of business
-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other loss (income), net
9	11	11	13	10	15	13	12	12	5	3	0	-1	-1	0	1	2	2	1	2	2	3	0	0	0
Loss from operations before taxes
108	78	83	74	69	96	328	-179	-173	-158	-407	69	34	40	72	40	14	-19	-58	-63	-43	-13	0	0	0
Income Tax Expense (Benefit)
22	17	77	52	48	59	229	-289	-298	-284	-494	5	0	-5	-13	-17	-21	-18	-16	-15	-10	-6	0	0	0
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-6	0	0	0
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
85	61	6	21	20	36	99	109	124	125	87	64	33	46	124	96	38	1	-77	-83	-33	-6	0	0	0
Net income attributable to noncontrolling interest in subsidiaries
-	-	-	-	-	-	-	-	-	-0	-0	-0	-0	0	0	0	0	-1	0	0	0	-	-	-	-
Net loss attributable to Summit Holdings
3	2	1	2	1	2	3	3	4	3	8	22	28	9	26	29	21	-24	0	0	0	-	-	-	-
Net loss attributable to Summit Inc.
82	59	4	19	18	33	96	106	120	121	78	42	5	36	60	30	16	27	0	0	0	-	-	-	-
Earnings Per Share [Abstract]
Diluted (usd per share)
-	-	-	-	-	-	-	-	-	-	-	0.46	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average shares of Class A common stock:
Product
Revenue
1,758	1,724	1,664	1,622	1,614	1,600	1,591	1,543	1,481	1,449	1,403	1,324	1,267	1,223	1,203	1,155	1,075	1,043	974	894	855	806	0	0	0
Cost of Goods and Services Sold
1,135	1,116	1,091	1,074	1,074	1,058	1,034	990	928	898	869	817	785	751	744	727	688	676	646	615	602	566	0	0	0
Service
Revenue
308	306	304	305	310	309	313	310	301	302	295	280	271	265	257	251	247	246	250	251	254	264	0	0	0
Cost of Goods and Services Sold
220	218	222	224	226	225	219	211	203	203	200	190	183	182	179	177	176	171	174	176	177	186	0	0	0
Excluding delivery and subcontract revenue
Revenue
2,067	2,030	1,969	1,928	1,925	1,909	1,904	1,854	1,783	1,752	1,699	1,605	1,539	1,488	1,460	1,406	1,322	1,289	1,224	1,146	1,109	1,070	0	0	0
Cost of Goods and Services Sold
1,355	1,334	1,416	1,358	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Delivery and subcontract revenue
Revenue
189	191	187	190	193	191	195	185	179	180	166	155	142	137	144	140	143	142	140	141	137	133	0	0	0
Cost of Goods and Services Sold
189	191	187	190	193	191	195	185	179	180	166	155	142	137	144	140	143	142	140	141	137	133	0	0	0
Summit Materials, LLC
Revenue
2,256	2,222	2,156	2,119	2,119	2,101	0	2,039	1,962	1,932	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Product
-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Service
-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net revenue
-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Delivery and subcontract revenue
-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Product
-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Service
-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods and Services Sold
1,545	1,526	1,525	1,513	1,519	1,475	0	1,433	1,312	1,281	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Delivery and subcontract cost
-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative expenses
265	262	253	250	251	253	0	257	254	242	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, depletion, amortization and accretion
213	217	218	217	213	204	0	191	186	179	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Transaction costs
2	2	1	2	3	4	0	6	7	7	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Operating loss
229	213	182	159	156	162	0	196	202	220	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
113	115	117	117	117	115	0	114	111	107	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on debt financings
0	-14	-14	-14	-14	-0	0	-4	-4	-4	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of business
-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other loss (income), net
9	11	11	13	10	15	0	12	12	5	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss from operations before taxes
124	94	61	52	47	74	0	90	98	113	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Income Tax Expense (Benefit)
8	6	19	4	6	10	0	-22	-22	-20	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
116	88	42	47	40	63	0	113	120	134	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to Summit Inc.
116	88	42	47	40	63	0	113	120	134	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Class A Common Stock
Basic (usd per share)
-0.40	0.33	0.50	0.32	-0.62	-0.17	0.64	0.32	-0.49	0.41	0.74	0.46	-0.49	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (usd per share)
-0.40	0.34	0.48	0.32	-0.62	-0.17	0.64	0.32	-0.49	0.41	0.73	0.46	-0.49	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Basic
113	112	112	112	111	111	111	111	110	110	109	108	106	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in shares)
113	111	115	112	111	114	111	112	110	111	110	109	106	-	-	-	-	-	-	-	-	-	-	-	-