Triumph group inc (TGI)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09
Revenues

704,666

772,110

730,231

869,027

807,895

855,108

832,900

896,860

775,246

745,156

781,689

919,914

844,863

874,769

893,253

1,057,794

913,866

954,774

959,638

1,080,277

917,417

994,123

896,905

936,410

915,816

967,345

943,683

986,268

890,565

938,181

887,688

946,376

825,962

790,528

845,063

919,086

810,853

768,200

407,209

351,981

313,530

313,139

316,130

Operating costs and expenses:
Cost of Goods and Services Sold

546,282

622,236

582,233

716,958

713,274

724,474

770,214

732,505

630,870

598,403

645,778

721,430

653,199

673,432

726,388

1,442,562

691,812

730,831

732,094

817,222

867,970

771,445

684,816

724,310

719,703

771,318

696,471

744,757

663,800

703,654

651,277

706,396

618,602

591,206

648,791

709,320

630,612

594,076

297,856

250,374

228,988

223,501

224,348

Selling, General and Administrative Expense

65,974

66,201

62,337

75,356

71,823

69,551

81,656

74,054

62,886

75,442

80,248

79,896

66,750

70,329

68,026

77,071

65,676

71,321

73,281

80,388

70,905

68,770

65,710

63,586

60,829

63,583

66,717

65,403

57,794

56,193

61,959

63,838

57,494

60,256

60,965

67,976

66,930

60,503

43,480

40,702

39,119

38,213

39,836

Depreciation and amortization

29,843

30,219

44,050

35,554

37,404

38,134

38,812

39,049

39,320

40,868

39,131

41,867

44,331

45,286

45,462

50,618

41,028

42,575

43,534

41,950

39,808

39,014

37,551

43,996

44,103

38,244

37,934

33,362

32,331

31,998

31,815

30,660

30,131

29,466

29,467

32,128

25,652

26,221

15,656

13,560

12,485

14,297

14,076

Asset Impairment Charges

-

-

-

-

-

-

-

-

190,227

-

-

-

-

-

-

-

229,200

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring Charges

4,744

5,782

2,964

12,892

2,327

11,832

4,047

6,319

6,149

10,101

17,500

13,997

11,067

10,462

6,651

36,182

0

0

0

0

0

196

2,997

24,005

4,841

1,229

1,215

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition and integration expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

438

250

1,432

545

2,643

2,095

1,144

460

-

1,000

1,283

-

-

-

-

-

Litigation Judgment Gain, net of expenses

3,857

5,400

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-12,400

-

-

0

0

0

-134,693

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) Loss on Disposition of Business

-60,019

7,965

-3,136

-217,464

0

-13,118

-4,719

-10,370

0

-20,371

0

-

14,350

4,774

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Settlements and early retirement incentive expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

1,561

-

-

-

-2,030

-1,957

1,150

-

0

0

0

-

-

-

-

-

-

-

-

Settlements and Curtailments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-2,863

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Expenses

703,005

711,073

694,720

1,058,224

824,828

857,109

899,448

1,207,297

929,452

745,185

782,657

1,123,488

789,697

804,283

846,527

2,240,563

1,040,116

844,727

851,772

939,560

978,683

879,425

656,381

855,502

831,037

874,374

802,337

873,304

756,205

795,234

746,746

763,137

708,322

682,072

739,683

-

724,194

682,083

-

-

-

-

-

Acquisition and integration expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,367

-

-

-

-

Total operating costs and expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

374,359

-

280,592

276,011

278,260

Operating Income (Loss)

1,661

61,037

35,511

-189,197

-16,933

-2,001

-66,548

-310,437

-154,206

-29

-968

-203,574

55,166

70,486

46,726

-1,182,769

-126,250

110,047

107,866

140,717

-61,266

114,698

240,524

80,908

84,779

92,971

141,346

112,964

134,360

142,947

140,942

183,239

117,640

108,456

105,380

108,410

86,659

86,117

32,850

47,345

32,938

37,128

37,870

Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component

-13,989

-28,416

-14,875

-12,523

-16,520

-16,524

-16,538

-30,478

-34,502

-18,877

-19,377

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense and other

33,178

35,400

27,491

31,103

29,309

28,714

25,493

27,213

25,836

25,375

21,018

24,781

19,698

17,896

18,126

18,502

15,792

15,631

18,116

14,060

13,573

15,386

42,360

17,625

30,115

20,321

19,710

17,488

16,768

16,668

17,232

18,462

14,543

17,671

26,462

22,440

21,869

23,459

11,791

10,270

7,768

5,501

5,326

Gain on early extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39

-

Income (loss) from continuing operations before income taxes

-17,528

54,053

22,895

-207,777

-29,722

-14,191

-75,503

-307,172

-145,540

-6,527

-2,609

-140,270

35,468

52,590

28,600

-1,201,271

-142,042

94,416

89,750

126,657

-74,839

99,312

198,164

63,283

54,664

72,650

121,636

95,476

117,592

126,279

123,710

164,777

103,097

90,785

78,918

85,970

64,790

62,658

21,059

37,075

25,170

31,666

32,544

Income tax expense (benefit)

-3,682

11,352

4,807

-8,165

1,223

485

1,031

-

-32,288

-1,149

-

-13,445

6,136

17,783

8,866

-117,616

-53,393

32,804

27,018

43,817

-35,007

31,866

69,921

20,979

19,271

23,134

42,593

29,875

42,369

46,088

47,378

58,526

37,194

32,221

28,014

31,940

19,810

20,837

9,479

12,079

7,117

10,948

11,023

Net Income (Loss) Attributable to Parent

-13,846

42,701

18,088

-

-30,945

-14,676

-76,534

-

-113,252

-5,378

-1,931

-

29,332

34,807

19,734

-

-88,649

61,612

62,732

-

-39,832

67,446

128,243

-

35,393

49,516

79,043

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75,223

80,191

-

106,251

65,903

58,564

50,904

54,030

44,980

41,821

11,580

24,996

18,053

20,718

21,521

Loss on discontinued operations, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-76

-689

-1,687

-336

-281

-208

-324

-12,453

-1,267

-3,482

Net (Loss) Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

106,251

65,903

58,488

50,215

52,343

44,644

41,540

11,372

24,672

5,600

19,451

18,039

Earnings per share-basic:
Income from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2.17

1.35

1.20

1.05

1.26

0.93

0.87

0.33

-1.08

1.10

1.26

1.31

Loss from discontinued operations, net (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

0.00

0.00

-0.01

-0.03

-0.01

-0.01

-0.01

0.52

-0.76

-0.08

-0.21

Earnings Per Share, Basic

-0.27

0.85

0.36

-4.01

-0.62

-0.30

-1.54

-6.16

-2.29

-0.11

-0.04

-2.57

0.59

0.71

0.40

-22.02

-1.80

1.25

1.28

1.69

-0.79

1.32

2.48

0.79

0.68

0.96

1.56

1.33

1.51

1.61

1.54

2.16

1.35

1.20

1.04

1.22

0.93

0.86

0.32

-0.56

0.34

1.18

1.10

Weighted-average common shares outstanding-basic (in shares)

50,395

49,987

49,854

49,944

49,668

49,628

49,552

49,540

49,459

49,428

49,341

49,308

49,329

49,304

49,271

49,227

49,228

49,219

49,198

49,835

50,643

51,015

51,691

52,198

52,024

51,807

50,815

49,829

49,750

49,657

49,416

49,209

48,912

48,697

48,466

48,247

48,155

48,115

35,507

82,309

16,467

16,464

16,432

Earnings per share-diluted:
Income from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2.04

1.27

1.13

0.99

1.18

0.88

0.84

0.31

-1.07

1.08

1.25

1.30

Loss from discontinued operations, net (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

-0.01

-0.02

-0.01

-0.01

-0.01

0.51

-0.75

-0.08

-0.21

Earnings Per Share, Diluted

-0.27

0.85

0.36

-4.01

-0.62

-0.30

-1.54

-6.16

-2.29

-0.11

-0.04

-2.56

0.59

0.70

0.40

-22.01

-1.80

1.25

1.27

1.69

-0.79

1.32

2.46

0.80

0.67

0.94

1.50

1.25

1.43

1.53

1.46

2.03

1.27

1.13

0.98

1.15

0.88

0.83

0.30

-0.57

0.34

1.17

1.09

Weighted Average Number of Shares Outstanding, Diluted

50,395

50,460

50,295

49,944

49,668

49,628

49,552

49,540

49,459

49,428

49,341

48,927

49,440

49,432

49,413

49,022

49,228

49,308

49,314

50,119

50,643

51,169

52,089

52,716

52,806

52,820

52,806

52,761

52,464

52,288

52,271

52,579

51,968

51,646

51,299

51,503

50,950

50,036

37,463

83,392

16,688

16,637

16,611

Dividends declared and paid per common share (in dollars per share)

0.04

0.04

0.04

-

0.04

0.04

0.04

-

0.04

0.04

0.04

-

0.04

0.04

0.04

-

0.04

0.04

0.04

-

0.04

0.04

0.04

-

0.04

0.04

0.04

-

0.04

0.04

0.04

-

0.04

0.04

0.02

-

0.02

0.02

0.02

-

0.04

0.04

0.04