SCHWEITZER-MAUDUIT INTERNATIONAL, INC. SWM Income Statement

Schweitzer-mauduit international, inc. (SWM)

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
Revenue from Contract with Customer, Excluding Assessed Tax
1,026,300	1,022,800	1,033,000	1,036,900	1,037,400	1,041,300	1,028,300	1,025,800	1,010,700	982,100	945,100	896,600	858,600	839,900	851,000	826,100	790,700	764,100	736,000	755,900	777,600	794,300	809,100	790,100	783,000	772,800	771,000	781,600	778,000	778,500	774,000	789,300	802,600	788,300	768,000	738,800	715,200	727,300	0	0	0
Cost of products sold
729,900	732,800	750,100	760,900	763,000	762,800	746,500	733,300	718,700	698,700	664,400	628,800	600,800	582,000	591,700	577,500	554,200	539,700	528,300	547,700	565,000	575,500	577,500	548,200	535,400	520,100	514,900	522,400	520,100	519,000	495,400	520,700	542,500	545,300	562,500	540,100	526,300	532,100	0	0	0
Gross profit
296,400	290,000	282,900	276,000	274,400	278,500	281,800	292,500	292,000	283,400	280,700	267,800	257,800	257,900	259,300	248,600	236,500	224,400	207,700	208,200	212,600	218,800	231,600	241,900	247,600	252,700	256,100	259,200	257,900	259,500	278,600	268,600	260,100	243,000	205,500	198,700	188,900	195,200	0	0	0
Selling expense
34,600	33,700	34,300	34,600	35,200	35,700	35,900	35,100	34,100	33,300	31,100	29,000	27,200	25,300	25,000	24,500	23,200	22,200	21,500	21,500	21,900	22,000	22,200	21,400	21,400	20,900	21,800	21,200	21,100	21,900	20,400	22,000	22,100	21,400	21,200	20,000	19,100	19,200	0	0	0
Research and development expense
13,400	13,500	13,500	14,000	14,400	15,200	16,700	17,000	17,500	17,800	17,500	17,800	17,600	17,500	16,400	15,700	15,000	14,000	14,300	14,400	14,900	15,700	16,100	16,100	15,600	15,300	13,800	12,600	11,500	9,900	9,700	9,600	9,400	9,200	9,000	8,800	8,500	8,500	0	0	0
General expense
106,900	105,100	96,800	93,800	93,100	90,900	94,600	96,500	97,300	95,900	89,000	86,600	82,100	79,500	85,200	74,700	73,800	70,600	59,300	64,300	63,300	61,900	60,200	57,400	54,500	50,300	53,100	53,000	52,800	54,600	52,700	54,900	57,100	57,400	53,400	50,300	46,100	45,100	0	0	0
Total nonmanufacturing expenses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total nonmanufacturing expenses
-	-	144,600	142,400	-	141,800	147,200	148,600	148,900	147,000	137,600	133,400	126,900	122,300	126,600	114,900	112,000	106,800	95,100	100,200	100,100	99,600	98,500	94,900	91,500	86,500	88,700	86,800	85,400	86,400	82,800	86,500	88,600	88,000	83,600	79,100	73,700	72,800	0	0	0
Valuation Allowance On Business Tax Credits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-
Restructuring and impairment expense
3,800	3,700	2,300	1,100	1,300	1,700	5,300	6,400	7,400	8,100	25,800	25,600	24,900	25,600	8,100	8,100	12,400	14,600	17,000	19,000	17,000	13,100	45,000	42,300	39,800	41,300	2,300	-300	4,300	21,400	27,700	36,300	31,700	14,000	12,700	6,800	9,000	11,600	0	0	0
Operating profit
137,700	134,000	136,000	132,500	130,400	135,000	129,300	137,500	135,700	128,300	117,300	108,800	106,000	110,000	124,600	125,600	112,100	103,000	95,600	89,000	95,500	106,100	88,100	104,700	116,300	124,900	165,100	172,700	168,200	151,700	168,100	129,900	123,900	125,100	93,300	112,800	106,200	110,800	0	0	0
Interest expense
35,200	36,100	37,700	38,300	29,800	28,200	27,000	27,100	27,300	26,900	24,000	20,500	17,800	16,600	17,000	14,800	12,600	9,700	7,100	7,200	7,400	7,200	6,300	5,100	3,700	2,900	2,800	2,900	3,100	3,300	3,000	3,400	3,200	2,300	2,100	1,400	1,300	1,700	0	0	0
Other income (expense), net
200	-1,000	-2,000	7,500	9,700	10,000	9,900	2,000	900	100	-3,400	-6,000	-3,400	0	6,700	7,300	12,400	12,200	12,500	13,900	10,600	9,300	9,000	6,800	5,200	5,700	4,200	4,100	2,200	1,200	-1,600	-3,100	-2,500	-2,600	-200	1,700	1,600	300	0	0	0
Income from continuing operations before income taxes and income from equity affiliates
102,700	96,900	96,300	101,700	110,300	116,800	112,200	112,400	109,300	101,500	89,900	82,300	84,800	93,400	114,300	118,100	111,900	105,500	101,000	95,700	98,700	108,200	90,800	106,400	117,800	127,700	166,500	173,900	167,300	149,600	163,500	123,400	118,200	120,200	91,000	113,100	106,500	109,400	0	0	0
Provision for income taxes
16,100	15,200	13,100	4,300	7,800	10,700	53,500	68,600	69,800	69,600	14,000	15,200	14,400	15,400	31,600	26,800	24,200	21,600	19,800	16,200	16,200	20,500	31,600	43,100	50,400	53,000	51,900	54,800	53,900	49,500	47,000	31,200	29,900	32,800	33,000	42,800	40,300	39,700	0	0	0
Loss from equity affiliates, net of income taxes
4,300	4,100	-10,400	-11,400	-11,200	-11,300	1,600	1,300	2,100	2,500	2,800	4,600	5,000	4,800	4,700	3,000	5,100	6,600	6,100	5,300	2,800	2,000	900	3,300	3,600	3,800	4,900	4,500	4,300	4,000	3,500	3,600	4,300	4,700	4,500	3,900	3,500	3,200	0	0	0
Income from continuing operations
90,900	85,800	72,800	86,000	91,300	94,800	60,300	45,100	41,600	34,400	78,700	71,700	75,400	82,800	87,400	94,300	92,800	90,500	87,300	84,800	85,300	89,700	60,100	66,600	71,000	78,500	119,500	123,600	117,700	104,100	120,000	95,800	92,600	92,100	62,500	74,200	69,700	72,900	0	0	0
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-	0	0	100	-	-300	-300	-300	-300	100	100	0	0	0	100	300	-800	-800	-800	-1,100	0	0	1,400	1,000	-1,800	-2,400	-17,200	-22,700	-22,400	-24,300	-9,100	-3,600	-1,600	500	-3,800	-6,300	-6,800	-7,600	0	0	0
Net Income (Loss) Attributable to Parent
90,900	85,800	72,800	86,100	91,400	94,500	60,000	44,800	41,300	34,500	78,800	71,700	75,400	82,800	87,500	94,600	92,000	89,700	86,500	83,700	85,300	89,700	61,500	67,600	69,200	76,100	102,300	100,900	95,300	79,800	110,900	92,200	91,000	92,600	58,700	67,900	62,900	65,300	0	0	0
Net income per share - basic:
Income per share from continuing operations (in dollars per share)
0.72	0.65	0.90	0.66	0.57	0.23	1.33	0.84	0.68	-0.90	0.84	0.73	0.45	0.55	0.62	0.85	0.69	0.71	0.84	0.80	0.62	0.61	0.76	0.82	0.75	-0.35	0.94	0.94	0.98	0.97	1.08	0.75	0.53	0.31	0.30	1.19	0.93	-1.11	1.16	0.85	1.11
Loss per share from discontinued operations (in dollars per share)
-	0.00	0.00	0.00	-	0.00	0.00	0.00	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	-0.04	0.00	0.00	0.00	0.00	0.00	0.04	-0.01	-0.09	-0.02	-0.44	-0.19	-0.08	-0.08	0.09	-0.01	-0.04	-0.02	-0.07	-0.16	-0.05	0.07
Net income per share - basic (in dollars per share)
0.72	0.65	0.90	0.66	0.57	0.23	1.33	0.84	0.67	-0.90	0.84	0.73	0.45	0.55	0.62	0.85	0.69	0.72	0.85	0.76	0.62	0.61	0.76	0.82	0.75	-0.31	0.93	0.85	0.96	0.53	0.89	0.67	0.45	0.40	0.29	1.15	0.91	-1.04	1.00	0.80	1.04
Net income per share – diluted:
Income per share from continuing operations (in dollars per share)
0.72	0.64	0.90	0.66	0.56	0.23	1.33	0.83	0.68	-0.89	0.84	0.72	0.45	0.55	0.61	0.85	0.69	0.71	0.84	0.80	0.61	0.61	0.76	0.81	0.75	-0.35	0.93	0.93	0.98	0.96	1.06	0.74	0.53	0.31	0.30	1.17	0.93	-1.09	1.14	0.83	1.09
Loss per share from discontinued operations (in dollars per share)
-	0.00	0.00	0.00	-	0.00	0.00	0.00	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	-0.04	0.00	0.00	0.00	0.00	0.00	0.05	-0.01	-0.09	-0.02	-0.43	-0.19	-0.08	-0.08	0.08	-0.01	-0.03	-0.02	-0.07	-0.16	-0.05	0.07
Net income per share - diluted (in dollars per share)
0.72	0.64	0.90	0.66	0.56	0.23	1.33	0.83	0.67	-0.89	0.84	0.72	0.45	0.55	0.61	0.85	0.69	0.72	0.85	0.76	0.61	0.61	0.76	0.81	0.75	-0.30	0.92	0.84	0.96	0.53	0.87	0.66	0.45	0.39	0.29	1.14	0.91	-1.02	0.98	0.78	1.02
Weighted average shares outstanding:
Cash Dividends Declared Per Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.15	0.15	0.15
Basic (in shares)
30,712	30,664	30,662	30,661	30,620	30,581	30,569	30,565	30,488	30,428	30,422	30,412	30,364	30,319	30,316	30,313	30,294	30,277	30,275	30,274	30,178	30,091	30,098	30,096	30,665	31,091	31,092	31,097	30,945	30,647	30,659	30,890	31,747	66,686	31,914	16,887	17,432	88,224	17,641	17,820	17,807
Diluted (in shares)
30,910	30,995	30,831	30,809	30,716	30,723	30,722	30,705	30,619	30,593	30,569	30,546	30,487	30,524	30,458	30,447	30,422	30,398	30,408	30,397	30,293	30,211	30,225	30,210	30,778	31,304	31,280	31,259	31,108	31,011	31,052	31,246	32,057	67,215	32,191	17,003	17,537	90,086	18,007	18,137	18,164