Univar Solutions Inc. UNVR Income Statement

Univar solutions inc. (UNVR)

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	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Sep'14	Jun'14
Net sales
2,211,200	2,155,000	2,387,300	2,584,600	2,160,000	1,971,200	2,130,700	2,372,600	2,158,000	1,959,200	2,048,700	2,247,000	1,998,800	1,812,500	1,999,700	2,262,500	1,999,000	1,966,300	2,206,300	2,510,100	2,299,100	2,608,900	2,861,400
Cost of goods sold (exclusive of depreciation)
1,678,600	-	1,842,400	2,007,300	1,663,600	-	1,662,000	1,872,100	1,671,400	-	1,593,900	1,780,600	1,559,400	1,399,200	1,561,600	1,817,100	1,568,700	1,546,500	1,755,800	2,042,900	1,837,500	2,115,800	2,360,900
Gross profit
-	-	-	-	-	-	-	-	-	-	-	466,400	439,400	-	438,100	445,400	430,300	-	450,500	467,200	461,600	493,100	500,500
Operating expenses:
Outbound freight and handling
91,500	-	-	-	82,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warehousing, selling and administrative
279,500	265,400	269,200	280,800	253,400	220,500	229,000	240,900	241,000	224,500	230,700	236,000	228,500	228,300	216,000	223,900	224,900	239,800	212,900	217,100	231,400	229,700	230,500
Other operating expenses, net
4,100	39,400	30,200	63,800	164,800	36,500	12,400	11,000	13,600	-400	11,800	24,200	19,800	8,100	12,100	11,500	5,500	31,700	10,200	39,000	8,100	7,300	25,600
Depreciation
41,700	40,500	41,600	39,700	33,200	31,400	31,500	30,900	31,400	32,500	32,500	34,100	35,900	38,400	42,400	38,000	33,500	32,500	34,300	37,700	32,000	33,900	30,600
Amortization
15,800	14,600	12,100	18,600	14,400	13,600	13,500	13,800	13,400	15,400	16,800	16,500	16,700	17,800	22,500	23,300	22,000	22,200	22,000	22,400	21,900	23,900	24,100
Impairment charges
-	-	7,000	-	-	-	0	-	-	-	-	-	-	-	133,900	-	-	-	0	-	-	-	-
Total operating expenses
432,600	449,600	456,900	498,300	548,700	381,800	369,100	383,100	378,700	346,300	366,600	382,700	371,900	358,400	503,100	370,000	357,200	403,400	360,800	397,700	377,900	387,600	404,400
Operating income (loss)
100,000	72,600	88,000	79,000	-52,300	62,500	99,600	117,400	107,900	98,600	88,200	83,700	67,500	54,900	-65,000	75,400	73,100	16,400	89,700	69,500	83,700	105,500	96,100
Other (expense) income:
Interest income
1,000	5,400	600	1,100	600	500	600	900	1,200	1,400	900	800	900	900	1,100	1,000	900	400	1,200	1,500	1,200	1,800	2,500
Interest expense
29,100	36,000	37,400	39,000	34,800	33,800	32,800	32,900	36,100	39,400	39,300	36,600	36,700	40,300	40,600	41,400	41,500	41,500	40,800	64,600	64,400	65,600	67,300
Loss on sale of business
-8,600	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-1,800	-12,400	0	0	-700	-100	0	0	0	-3,000	0	0	-800	0	0	0	0	-	-4,800	-7,300	-	-	-
Other expense, net
-5,900	-53,300	-5,500	-5,600	-6,100	-35,700	2,500	-2,100	2,600	3,000	-4,400	-9,300	-6,700	-47,300	-3,100	5,700	-13,400	17,400	-25,600	-12,100	6,800	6,300	-2,000
Total other expense
-44,400	-61,600	-42,300	-43,500	-41,000	-69,100	-29,700	-34,100	-32,300	-38,000	-42,800	-45,100	-43,300	-86,700	-42,600	-34,700	-54,000	-23,700	-70,000	-82,500	-56,400	-57,500	-66,800
Income (loss) before income taxes
55,600	11,000	45,700	35,500	-93,300	-6,600	69,900	83,300	75,600	60,600	45,400	38,600	24,200	-31,800	-107,600	40,700	19,100	-7,300	19,700	-13,000	27,300	48,000	29,300
Income tax benefit
-300	66,100	43,200	18,500	-23,300	-7,800	20,300	27,200	10,200	33,600	6,500	7,300	1,600	27,400	-44,600	900	5,100	-4,400	7,600	-600	7,600	2,200	9,800
Net income (loss) from continuing operations
55,900	-55,100	2,500	17,000	-70,000	1,200	49,600	56,100	65,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income from discontinued operations
0	0	0	-700	6,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
55,900	-55,100	2,500	16,300	-63,900	1,200	49,600	56,100	65,400	27,000	38,900	31,300	22,600	-59,200	-63,000	39,800	14,000	-2,900	12,100	-12,400	19,700	45,800	19,500
Earnings Per Share, Basic [Abstract]
Basic from continuing operations (in dollars per share)
0.33	-0.28	0.01	0.10	-0.47	0.01	0.35	0.40	0.46	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic from discontinued operations (in dollars per share)
0.00	-	0.00	0.00	0.04	-	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic income (loss) per common share (in dollars per share)
0.33	-0.29	0.01	0.10	-0.43	0.01	0.35	0.40	0.46	0.19	0.28	0.22	0.16	-0.43	-0.46	0.29	0.10	-0.03	0.09	-0.12	0.20	0.46	0.20
Earnings Per Share, Diluted [Abstract]
Diluted from continuing operations (in dollars per share)
0.33	-0.28	0.01	0.10	-0.47	0.00	0.35	0.40	0.46	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted from discontinued operations (in dollars per share)
0.00	-0.01	0.00	0.00	0.04	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted income (loss) per common share (in dollars per share)
0.33	-0.29	0.01	0.10	-0.43	0.00	0.35	0.40	0.46	0.19	0.28	0.22	0.16	-0.43	-0.46	0.29	0.10	-0.03	0.09	-0.12	0.20	0.46	0.20
Weighted average common shares outstanding:
Basic (in shares)
168,800	168,800	168,600	169,800	149,200	141,600	141,200	141,100	140,900	140,900	140,400	140,100	139,400	138,300	137,700	137,600	137,600	138,100	137,600	102,800	99,900	99,739	99,713
Diluted (in shares)
169,700	167,000	169,500	170,700	149,200	142,500	142,300	142,000	142,000	142,100	141,400	141,300	140,800	137,600	137,700	138,100	137,800	138,800	138,400	102,800	100,400	100,547	100,362
Outbound freight and handling
Cost of goods sold (exclusive of depreciation)
-	-	96,800	95,400	-	79,800	82,700	86,500	79,300	74,300	74,800	71,900	71,000	65,800	76,200	73,300	71,300	77,200	81,400	81,500	84,500	92,800	93,600