USG CORP USG Income Statement

Usg corp (USG)

Income statement / Quarterly

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	Sep'09	Jun'09
Net sales
819,000	851,000	880,000	786,000	831,000	795,000	811,000	767,000	734,000	767,000	769,000	747,000	287,000	747,000	970,000	909,000	134,000	972,000	948,000	850,000	915,000	925,000	916,000	814,000	815,000	828,000	798,000	783,000	665,000	763,000	761,000	721,000	591,000	758,000	769,000	716,000	822,000	829,000
Cost of Goods and Services Sold
688,000	699,000	696,000	647,000	664,000	633,000	643,000	608,000	589,000	586,000	576,000	566,000	142,000	578,000	787,000	756,000	3,000	796,000	773,000	707,000	764,000	770,000	765,000	690,000	730,000	722,000	696,000	681,000	642,000	717,000	708,000	685,000	574,000	707,000	714,000	702,000	784,000	778,000
Gross Profit
131,000	152,000	184,000	139,000	167,000	162,000	168,000	159,000	145,000	181,000	193,000	181,000	145,000	169,000	183,000	153,000	131,000	176,000	175,000	143,000	151,000	155,000	151,000	124,000	85,000	106,000	102,000	102,000	23,000	46,000	53,000	36,000	17,000	51,000	55,000	14,000	38,000	51,000
Selling and administrative expenses
94,000	83,000	109,000	93,000	84,000	71,000	73,000	75,000	84,000	74,000	71,000	68,000	71,000	75,000	79,000	77,000	93,000	76,000	77,000	77,000	91,000	80,000	76,000	73,000	80,000	74,000	74,000	76,000	66,000	66,000	72,000	85,000	64,000	74,000	73,000	84,000	67,000	72,000
Litigation settlement charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-48,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tangible Asset Impairment Charges
-	-	-	-	-	-	-	-	-	10,000	-	-	-	0	-	-	-	30,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract Termination Charge And Loss (Recovery) On Receivable
-	-	-	-	-	-	-	-	0	0	0	-3,000	-6,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposal of shipping operations, net
-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,000	2,000	5,000	3,000	0	2,000	5,000	59,000	2,000	9,000	56,000	35,000	7,000	12,000	22,000	19,000
Goodwill and other intangible asset impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41,000	-
Operating Income (Loss)
37,000	69,000	75,000	46,000	83,000	91,000	95,000	84,000	61,000	97,000	122,000	116,000	80,000	94,000	105,000	76,000	-37,000	22,000	98,000	66,000	60,000	75,000	74,000	49,000	-8,000	29,000	28,000	24,000	-48,000	-79,000	-21,000	-58,000	-103,000	-58,000	-25,000	-82,000	-92,000	-40,000
Income from equity method investments
9,000	12,000	12,000	9,000	17,000	15,000	14,000	13,000	12,000	14,000	16,000	7,000	13,000	13,000	14,000	8,000	13,000	12,000	5,000	3,000	-3,000	1,000	1,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
14,000	14,000	15,000	14,000	15,000	15,000	19,000	20,000	30,000	37,000	38,000	40,000	40,000	40,000	40,000	43,000	44,000	43,000	45,000	47,000	52,000	51,000	50,000	50,000	52,000	50,000	52,000	52,000	53,000	54,000	52,000	52,000	49,000	45,000	44,000	45,000	42,000	36,000
Interest income
2,000	2,000	2,000	1,000	2,000	1,000	0	1,000	1,000	0	1,000	2,000	1,000	0	0	1,000	0	0	0	1,000	0	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	2,000	2,000	2,000	1,000	1,000	1,000	2,000	1,000
Gain on deconsolidation of subsidiaries and consolidated joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	27,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-	0	0	-	-	0	-22,000	-	-32,000	-1,000	-2,000	-2,000	0	0	0	-19,000	0	0	0	0	-	-	-	-	-	0	-41,000	-	-	0	-	-	-	-	-	-	-	-
Other income, net
4,000	4,000	-3,000	3,000	5,000	1,000	-2,000	6,000	1,000	1,000	2,000	3,000	0	0	1,000	-1,000	-	-	0	0	-	-	1,000	-1,000	-	1,000	2,000	-1,000	-	0	2,000	-	-	-	1,000	-1,000	1,000	-1,000
Income from continuing operations before income taxes
38,000	73,000	71,000	45,000	92,000	93,000	66,000	84,000	13,000	74,000	101,000	86,000	67,000	67,000	80,000	22,000	-66,000	-9,000	58,000	50,000	7,000	26,000	27,000	-1,000	-61,000	-19,000	-62,000	-28,000	-101,000	-132,000	-69,000	-108,000	-151,000	-102,000	-67,000	-127,000	-131,000	-76,000
Income Tax Expense (Benefit)
-3,000	15,000	13,000	9,000	162,000	27,000	20,000	29,000	-15,000	18,000	34,000	26,000	-738,000	-1,000	1,000	-2,000	0	2,000	0	5,000	10,000	2,000	2,000	-3,000	3,000	11,000	-3,000	1,000	3,000	-15,000	1,000	-3,000	-25,000	-2,000	7,000	-17,000	-37,000	-23,000
Income from continuing operations
-	58,000	58,000	36,000	-	66,000	46,000	55,000	-	56,000	67,000	60,000	-	68,000	-	-	-	-11,000	58,000	-	-	24,000	25,000	-	-64,000	-30,000	-59,000	-29,000	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-117,000	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
1,000	1,000	0	1,000	1,000	0	-10,000	0	0	6,000	7,000	7,000	-	8,000	-	-	-	0	-1,000	-	-	-1,000	0	-	-3,000	1,000	2,000	2,000	-	2,000	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	74,000	67,000	-	76,000	79,000	24,000	-53,000	-11,000	57,000	45,000	-4,000	23,000	25,000	2,000	-12,000	-29,000	-57,000	-27,000	-	-	-	-	-	-	-	-	-	-
Less: Net income attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
42,000	59,000	58,000	37,000	-69,000	66,000	36,000	55,000	-	62,000	-	-	-	-	-	-	-	-12,000	-	-	-	23,000	-	-	-	-	-	-	-100,000	-115,000	-70,000	-105,000	-121,000	-100,000	-74,000	-110,000	-94,000	-53,000
Earnings per common share - basic:
Income from continuing operations (in dollars per share)
-	0.42	0.41	-	-	0.47	0.32	-	0.19	0.39	0.46	0.41	-	0.46	-	-	-	-0.09	0.40	-	-	0.23	0.23	-	-0.60	-0.29	-0.55	-0.28	-	-1.11	-	-	-	-	-	-	-	-
Income (loss) from and gain on sale of discontinued operations (in dollars per share)
-	0.00	0.00	-	-	0.00	-0.07	-	1.91	0.04	0.04	0.05	-	0.06	-	-	-	0.00	-0.01	-	-	-0.01	0.00	-	0.48	0.01	0.02	0.02	-	0.02	-	-	-	-	-	-	-	-
Earnings Per Share, Basic
0.31	0.42	0.41	0.26	-0.49	0.47	0.25	0.38	2.10	0.43	0.50	0.46	5.59	0.52	0.54	0.16	-0.37	-0.09	0.39	0.33	-0.04	0.22	0.23	0.02	-0.12	-0.28	-0.53	-0.26	-0.97	-1.09	-0.69	-1.01	-1.19	-1.00	-0.74	-1.10	-0.96	-0.53
Earnings per common share - diluted:
Income from continuing operations (in dollars per share)
-	0.41	0.41	-	-	0.46	0.31	-	0.19	0.38	0.46	0.41	-	0.46	-	-	-	-0.09	0.39	-	-	0.22	0.22	-	-0.60	-0.29	-0.55	-0.28	-	-1.11	-	-	-	-	-	-	-	-
Income (loss) from and gain on sale of discontinued operations (in dollars per share)
-	0.00	0.00	-	-	0.00	-0.07	-	1.89	0.04	0.04	0.05	-	0.06	-	-	-	0.00	-0.01	-	-	-0.01	0.00	-	0.48	0.01	0.02	0.02	-	0.02	-	-	-	-	-	-	-	-
Earnings Per Share, Diluted
0.31	0.41	0.41	0.25	-0.47	0.46	0.24	0.37	2.08	0.42	0.50	0.46	5.51	0.52	0.54	0.16	-0.36	-0.09	0.38	0.32	-0.03	0.21	0.22	0.02	-0.12	-0.28	-0.53	-0.26	-0.97	-1.09	-0.69	-1.01	-1.19	-1.00	-0.74	-1.10	-0.96	-0.53
Average number of shares outstanding reconciliation
Average common shares (in shares)
140,335	139,943	139,617	141,105	144,849	142,103	144,526	146,309	145,922	146,043	145,933	145,819	145,453	145,569	145,424	145,381	139,977	144,646	144,500	137,765	110,056	108,608	108,544	108,390	106,343	107,380	106,089	105,718	103,731	105,304	103,550	103,021	102,872	100,108	99,519	99,385	99,254	99,213
Dilutive awards under long-term incentive plan (in shares)
2,575	2,902	1,262	2,703	2,130	2,389	2,113	2,420	1,550	2,147	2,060	1,167	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred shares for non-employee directors (in shares)
-	23	0	-	-	188	220	-	-	196	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Average diluted common shares (in shares)
142,887	142,869	140,879	143,808	146,570	144,681	146,860	148,730	147,275	148,387	147,994	146,986	147,285	147,534	146,990	147,176	138,593	144,646	147,024	146,920	112,349	111,008	111,047	111,332	106,343	107,380	106,089	105,718	103,731	105,304	103,550	103,021	102,872	100,108	99,519	99,385	99,254	99,213
Cash dividend declared per share (in dollars per share)
-	0.50	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-