| Dec'19 | Dec'18 | Dec'17 | Dec'16 | ||
|---|---|---|---|---|---|
Net sales | |||||
1,902 | 2,228 | 2,322 | 2,218 | ||
Cost of sales | |||||
1,591 | 1,798 | 1,857 | 1,795 | ||
Gross profit | |||||
311 | 430 | 466 | 423 | ||
Selling, general and administrative expenses | |||||
189 | 156 | 110 | 110 | ||
Research, development and engineering expenses, net | |||||
562 | 466 | 375 | 300 | ||
Goodwill impairment charge | |||||
0 | 0 | 234 | 0 | ||
Amortization of intangibles | |||||
20 | 23 | 37 | 35 | ||
Other income, net | |||||
0 | 18 | 8 | -4 | ||
Operating loss | |||||
-460 | -197 | -283 | -25 | ||
Loss from equity method investment | |||||
-70 | -63 | -31 | 0 | ||
Interest income | |||||
20 | 7 | 0 | 0 | ||
Interest expense | |||||
12 | 1 | 0 | 0 | ||
Other non-operating items, net | |||||
1 | 0 | -1 | 3 | ||
Loss before income taxes | |||||
-521 | -253 | -314 | -22 | ||
Income tax expense | |||||
1 | 42 | 30 | 38 | ||
Net loss | |||||
-522 | -294 | -344 | -60 | ||
Less: Net income (loss) attributable to non-controlling interest | |||||
-22 | -19 | -127 | -7 | ||
Net loss attributable to controlling interest | |||||
- | - | - | -53 | ||
Net loss per share - basic (in dollars per share) | |||||
-4.92 | -3.17 | -2.49 | -0.61 | ||
Net loss per share - diluted (in dollars per share) | |||||
-4.92 | -3.17 | -2.49 | -0.61 | ||
Weighted average number of shares outstanding, (in millions) (in shares) | |||||
101 | 87 | 87 | 87 | ||
Weighted average number of shares outstanding, assuming dilution (in millions) (in shares) | |||||
101 | 87 | 87 | 87 | ||