WABCO Holdings Inc. WBC Income Statement

Wabco holdings inc. (WBC)

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	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
Sales
745,700	777,300	798,400	912,800	932,900	911,700	914,800	1,001,200	1,003,300	934,100	827,800	795,000	747,300	713,700	675,400	732,200	688,700	670,600	643,600	661,100	652,200	679,200	707,300	735,000	729,500	720,500	677,100	678,200	644,700	596,600	588,300	635,200	657,300	671,900	706,300	737,700	678,200	627,100	545,200	512,300	491,100	382,000	316,000
Cost of sales
533,800	565,900	559,500	644,000	660,000	633,600	639,700	690,900	694,300	657,600	578,200	547,500	507,100	494,600	461,400	501,000	474,000	466,400	479,000	453,600	438,600	475,100	487,300	505,300	511,600	515,200	477,600	471,600	447,000	421,400	413,100	441,500	461,200	482,300	501,900	520,000	481,900	449,700	397,000	363,000	350,900	284,200	244,800
Streamlining expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,000	3,700
Gross profit
211,900	211,400	238,900	268,800	272,900	278,100	275,100	310,300	309,000	276,500	249,600	247,500	240,200	219,100	214,000	231,200	214,700	204,200	164,600	207,500	213,600	204,100	220,000	229,700	217,900	205,300	199,500	206,600	197,700	175,200	175,200	193,700	196,100	189,600	204,400	217,700	196,300	177,400	148,200	149,300	140,200	86,800	67,500
Costs and expenses:
Selling and administrative expenses
114,100	111,700	110,500	120,600	120,400	127,000	116,500	119,000	113,500	112,600	107,500	99,200	91,900	87,800	89,600	93,100	86,100	69,100	99,300	90,200	88,000	102,100	95,700	96,200	92,800	100,500	80,600	89,200	82,500	78,700	76,400	74,000	79,100	73,900	82,300	89,200	81,800	82,600	72,300	76,200	75,500	61,300	58,600
Research, development and engineering expenses
51,300	49,000	50,400	45,400	48,400	36,700	49,500	47,500	50,700	33,200	35,900	39,100	38,800	32,700	35,000	32,900	34,600	31,200	33,700	36,200	38,400	31,900	35,700	41,100	36,300	28,700	30,900	29,500	30,300	26,600	25,500	26,100	26,100	24,500	28,400	27,800	24,400	25,400	19,800	20,200	20,500	20,100	20,100
Streamlining (income) / expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,600	2,400
Other operating income, net
200	-2,000	2,900	-500	1,100	-2,400	-2,100	2,700	2,200	-5,800	-13,000	-800	-1,000	-1,000	-1,600	-1,300	-1,400	10,600	-1,700	-500	-1,700	16,400	-900	-2,000	-4,600	10,800	-1,100	-1,500	-3,200	5,500	-100	-800	-1,400	10,800	-1,300	-1,700	-2,000	200	-1,300	-2,800	-1,100	-800	6,000
Operating income
46,700	48,700	80,900	102,300	105,200	112,000	107,000	146,500	147,000	124,900	93,200	108,400	108,500	97,600	87,800	103,900	92,600	101,100	29,900	80,600	85,500	68,700	87,700	90,400	84,200	76,900	86,900	86,400	81,700	69,000	73,200	92,800	89,500	90,400	92,400	99,000	88,100	69,600	54,800	50,100	43,100	-3,000	-7,600
European Commission fine reimbursement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	400,400	-	-	-
Equity income of unconsolidated joint ventures, net
500	400	500	500	600	300	-100	400	400	-100	8,100	9,400	5,700	5,900	6,400	5,300	7,200	8,000	9,500	8,000	6,600	6,000	6,300	5,800	5,700	4,800	4,700	5,300	2,900	4,300	4,100	4,800	4,900	4,100	3,900	3,800	4,700	3,000	3,200	1,900	1,800	1,600	5,300
Other non-operating expense, net
-12,300	-8,500	-4,400	-7,400	-5,900	-7,000	-12,900	-11,000	-11,400	-9,400	-8,900	-8,200	-10,700	-5,300	-7,200	-6,900	-5,500	-25,200	-400	-900	1,900	4,500	100	-500	-2,300	3,900	-900	4,000	-100	-2,900	-800	-600	-700	22,000	100	-1,600	-300	2,500	100	-1,600	-3,200	-4,500	-500
Indemnification settlements, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	23,100	-	0	-	-	41,300	-
Fair value adjustment charge of the noncontrolling interest prior to taking control
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-600	12,100
Interest (expense)/income, net
-100	-100	-300	200	100	-700	-700	-3,100	-3,000	-4,300	-3,700	-4,100	-3,900	-3,600	-3,100	-3,000	-3,000	-2,600	-2,900	-900	-700	100	-100	100	100	5,600	-200	-200	-300	-400	-300	-500	-300	-100	-400	-700	-500	-1,000	-500	-300	-400	200	300
Income before income taxes
34,800	40,500	76,700	95,600	100,000	104,600	93,300	132,800	133,000	358,800	88,700	105,500	99,600	94,600	83,900	99,300	91,300	81,300	36,100	86,800	93,300	79,300	94,000	95,800	87,700	370,700	90,500	95,500	84,200	70,000	76,200	96,500	93,400	93,300	96,000	100,500	115,100	74,100	57,600	-350,300	41,300	36,200	-14,600
Income tax expense
7,400	4,500	15,900	20,900	12,100	-14,000	13,500	23,500	26,300	186,000	14,400	14,000	15,300	16,700	-16,400	20,400	101,100	-20,300	-5,200	18,500	18,500	12,400	9,500	17,900	15,800	-46,900	8,000	9,700	8,200	7,900	-3,300	17,600	1,400	20,200	9,100	10,600	-3,200	6,800	10,400	12,100	7,600	700	2,400
Net income including noncontrolling interests
27,400	36,000	60,800	74,700	87,900	118,600	79,800	109,300	106,700	172,800	74,300	91,500	84,300	77,900	100,300	78,900	-9,800	101,600	41,300	68,300	74,800	66,900	84,500	77,900	71,900	417,600	82,500	85,800	76,000	62,100	79,500	78,900	92,000	73,100	86,900	89,900	118,300	67,300	47,200	-362,400	33,700	35,500	-17,000
Less: net income attributable to noncontrolling interests
2,200	3,000	2,800	4,100	3,700	4,100	5,300	4,900	6,000	4,400	4,500	4,300	3,600	14,700	2,200	3,800	3,600	2,900	2,500	2,500	2,900	1,800	2,500	2,900	2,500	1,300	2,500	2,600	2,300	2,400	2,000	3,300	2,800	3,200	3,100	1,300	3,600	2,700	3,200	3,000	3,000	1,700	400
Net income attributable to Company
25,200	33,000	58,000	70,600	84,200	114,500	74,500	104,400	100,700	168,400	69,800	87,200	80,700	63,200	98,100	75,100	-13,400	98,700	38,800	65,800	71,900	65,100	82,000	75,000	69,400	416,300	80,000	83,200	73,700	59,700	77,500	75,600	89,200	69,900	83,800	88,600	114,700	64,600	44,000	-365,400	30,700	33,800	-17,400
Net income attributable to Company per common share
Basic (in usd per share)
0.49	0.65	1.13	1.38	1.64	2.21	1.42	1.96	1.87	3.12	1.30	1.62	1.49	1.13	1.77	1.34	-0.24	1.73	0.67	1.13	1.23	1.12	1.38	1.24	1.13	6.68	1.28	1.33	1.17	0.95	1.22	1.18	1.38	1.08	1.25	1.31	1.71	1.02	0.68	-5.68	0.48	0.53	-0.27
Diluted (in usd per share)
0.49	0.63	1.13	1.38	1.64	2.20	1.41	1.95	1.87	3.11	1.30	1.61	1.48	1.13	1.76	1.33	-0.24	1.71	0.67	1.12	1.22	1.09	1.37	1.23	1.12	6.59	1.26	1.31	1.15	0.94	1.19	1.15	1.34	1.05	1.22	1.26	1.66	1.05	0.66	-5.68	0.47	0.52	-0.27
Cash dividends per share of common stock (in usd per share)
0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-
Weighted average common shares outstanding
Basic (in shares)
51,321	51,258	51,245	51,234	51,233	51,704	52,607	53,335	53,740	53,709	53,640	53,966	54,299	54,825	55,398	56,074	56,485	57,144	57,606	58,063	58,256	58,582	59,369	60,410	61,268	61,837	62,465	62,673	62,921	63,062	63,628	64,288	64,648	65,308	66,811	67,747	66,905	65,199	64,478	64,386	64,184	64,039	64,003
Diluted (in shares)
51,395	51,534	51,389	51,340	51,330	52,115	52,773	53,470	53,890	54,020	53,866	54,158	54,513	55,498	55,644	56,298	56,485	57,831	57,959	58,493	58,815	59,182	59,972	61,041	61,988	62,710	63,248	63,500	64,071	64,364	64,904	65,625	66,399	67,602	68,656	70,065	68,993	61,578	66,540	64,386	65,744	64,841	64,003