Valhi inc /de/ (VHI)
Income statement / TTM
Mar'20Dec'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'11Sep'10Jun'10
Revenues and other income:
Net sales

1,877

1,897

1,872

1,852

1,833

1,820

1,927

1,968

1,940

1,879

1,744

1,654

1,571

1,519

1,438

1,415

1,425

1,487

1,640

1,733

1,816

1,862

1,830

1,802

1,826

1,863

1,890

1,951

2,003

2,087

2,072

2,147

2,152

2,025

2,026

1,857

0

0

0

Other income, net

69

40

45

51

55

69

69

53

38

25

26

28

35

39

34

34

31

31

33

46

49

42

100

90

84

88

53

51

69

70

41

55

41

49

64

47

0

0

0

Total revenues and other income

1,946

1,938

1,917

1,903

1,889

1,889

1,996

2,022

1,978

1,904

1,770

1,682

1,606

1,558

1,473

1,449

1,456

1,519

1,673

1,779

1,865

1,904

1,931

1,892

1,911

1,951

1,943

2,003

2,073

2,157

2,113

2,202

2,194

2,074

2,090

1,904

0

0

0

Costs and expenses:
Cost of sales

1,464

1,462

1,421

1,367

1,288

1,210

1,237

1,246

1,258

1,266

1,200

1,190

1,188

1,211

1,216

1,228

1,244

1,259

1,347

1,375

1,410

1,459

1,469

1,508

1,619

1,729

1,756

1,768

1,676

1,512

1,367

1,327

1,294

1,278

1,363

1,318

0

0

0

Selling, general and administrative

293

294

293

295

301

310

305

292

279

262

235

234

232

232

233

233

246

248

272

275

272

276

332

366

374

375

316

278

264

273

269

275

286

268

268

257

0

0

0

Contract related intangible asset impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

5

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Litigation settlement expense, net

-

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on prepayment of debt

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8

-16

0

0

-

-

0

-

-3

0

0

0

-

-

Other components of net periodic pension expense

17

16

15

15

14

14

16

16

17

17

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale write-down

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

0

-

Interest

40

40

41

44

50

55

60

61

59

58

54

55

56

58

57

56

54

53

58

57

57

56

54

54

54

56

57

58

58

56

55

56

58

61

65

66

0

0

0

Total costs and expenses

1,835

1,833

1,790

1,742

1,716

1,653

1,680

1,686

1,622

1,612

1,522

1,500

1,494

1,518

1,511

1,522

1,550

1,561

1,678

1,708

1,740

1,792

1,856

1,931

2,050

2,169

2,147

2,120

2,019

1,856

1,700

1,667

1,639

1,613

1,701

1,646

0

0

0

Income before income taxes

111

104

126

161

172

236

315

335

356

291

247

182

112

39

-38

-72

-94

-41

-4

71

125

112

74

-38

-139

-217

-203

-116

53

301

413

534

554

460

389

258

0

0

0

Income tax expense

23

26

34

-61

-52

-30

-85

20

-102

-120

-43

-55

45

18

-3

-15

94

107

116

142

33

32

-1

-36

-65

-91

-52

-37

24

104

131

190

198

169

151

108

0

0

0

Net income from continuing operations

-

-

92

223

-

266

401

315

458

411

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

196

0

0

0

-

-

-

-

-

-

Income (loss) from discontinued operations, net of tax

-

-

-

-

-

34

37

38

-69

-109

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

0

0

0

-

-

-

-

-

-

Net income

87

78

87

219

221

301

439

353

388

302

158

103

40

-3

-56

-78

-210

-171

-121

-70

92

79

76

-1

-74

-126

-128

-55

54

222

288

350

361

295

237

150

0

0

0

Noncontrolling interest in net income of subsidiaries

32

29

31

32

30

38

54

66

104

95

82

70

24

12

-1

-9

-45

-37

-26

-16

27

25

15

0

-16

-28

-18

-2

23

62

76

89

92

77

61

41

0

0

0

Net income attributable to Valhi stockholders

55

49

56

186

191

262

384

287

284

207

76

33

16

-15

-54

-69

-165

-133

-94

-54

64

53

60

-2

-57

-98

-110

-53

31

159

211

260

268

217

176

109

0

0

0

Amounts attributable to Valhi stockholders:
Income from continuing operations

-

-

60

190

-

228

346

248

354

316

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

141

0

0

0

-

-

-

-

-

-

Income (loss) from discontinued operations

-

-

-

-

-

34

37

38

-69

-109

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

Net income attributable to Valhi stockholders

55

49

56

186

191

262

384

287

284

207

70

16

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-110

-53

31

159

211

260

268

217

176

109

0

0

0

Basic and diluted net income (loss) per share:
Income from continuing operations

-

-

0.04

0.02

-

0.07

0.42

0.03

0.15

0.41

0.13

0.35

0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.04

0.06

0.13

0.26

-

-

-

-

-

-

Income (loss) from discontinued operations

-

-

-

-

-

-0.01

0.00

0.00

0.11

-

-

-0.32

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.05

0.01

0.00

0.00

-

-

-

-

-

-

Basic and diluted net income per share

0.07

0.03

0.04

0.02

0.05

0.06

0.42

0.03

0.26

0.41

0.13

0.03

0.04

0.02

0.01

-0.02

-0.06

-0.10

-0.03

-0.30

0.04

-

0.08

0.05

-

0.05

-0.10

-0.12

-0.12

0.01

0.07

0.13

0.26

-0.05

0.21

0.15

0.33

0.13

0.04

Cash dividends per share

-

-

-

-

-

-

-

-

-

-

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.04

-0.02

0.04

0.04

0.10

0.10

0.10

Basic and diluted weighted average shares outstanding

342

342

342

342

342

341

342

342

342

342

342

342

342

342

342

342

342

342

342

342

342

342

342

342

342

342

342

342

342

342

342

342

342

570

342

341

114

114

114