Welbilt, Inc. WBT Income Statement

Welbilt, inc. (WBT)

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
Revenue from Contract with Customer, Excluding Assessed Tax
328,900	381,800	410,500	426,300	375,300	406,100	412,900	420,700	350,400	365,900	380,400	371,100	328,000	378,200	384,000	368,400	325,500	391,700	425,300	407,700	345,400
Cost of Goods and Services Sold
214,100	248,600	259,600	270,000	248,800	265,500	259,800	271,400	224,200	233,100	236,500	233,900	205,000	238,700	242,000	233,700	207,900	258,800	290,000	280,800	238,800
Gross profit
114,800	133,200	150,900	156,300	126,500	140,600	153,100	149,300	126,200	132,800	143,900	137,200	123,000	139,500	142,000	134,700	117,600	132,900	135,300	126,900	106,600
Selling, general and administrative expenses
86,500	81,400	86,700	87,800	88,300	78,700	71,700	83,000	76,400	63,900	66,100	74,300	74,000	69,000	69,900	75,400	71,800	68,300	71,700	69,200	82,400
Amortization expense
9,700	-	-	-	9,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and other expenses
6,800	-	-	-	4,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization
-	-	9,400	9,900	-	-	9,900	9,400	7,900	-	7,900	7,700	7,800	7,700	7,800	7,900	7,800	7,800	7,900	7,900	7,800
Separation expense
-	-	-	-	-	-	-	-	-	-	300	300	900	800	1,400	1,300	3,000	2,800	1,000	500	0
Restructuring (recovery) expense
-	-	-200	1,400	-	-	3,900	1,400	400	-	2,800	1,100	4,600	300	600	300	1,300	3,300	800	-200	700
Loss from impairment and disposal of assets — net
-11,200	-500	-200	0	0	100	100	100	100	-100	3,900	600	-400	-1,600	-1,700	0	0	-	0	-	-
Earnings from operations
600	37,400	54,800	57,200	24,500	51,900	67,700	55,600	41,600	60,200	70,700	54,400	35,300	60,100	60,600	49,800	33,700	40,800	53,900	49,500	15,700
Interest Expense
21,300	21,700	22,400	24,500	24,000	22,300	23,300	23,100	20,300	21,000	21,700	21,000	23,200	24,700	25,000	27,000	8,500	400	300	400	300
Interest expense on notes with MTW — net
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	100	-2,300	-4,200	-4,600	-4,700
Gain (Loss) on Extinguishment of Debt
-	-	-	-	-	-	-	-	-	2,700	-1,000	-200	-3,200	-2,700	0	0	0	-	-	-	-
Other (income) expense — net
5,400	5,900	-2,900	-5,600	-3,000	-1,100	-4,900	-15,300	-8,500	-2,500	-3,000	-3,300	-1,800	-4,400	-3,600	-3,600	-2,400	19,900	1,600	200	400
Loss before income taxes
-15,300	21,600	29,500	27,100	-2,500	19,500	39,500	17,200	12,800	39,400	45,000	29,900	7,100	28,300	32,000	19,200	22,700	62,600	59,400	53,900	20,500
Income taxes
-200	3,200	9,400	7,100	100	-7,500	12,700	5,200	400	-27,700	14,300	-200	2,100	14,900	7,100	4,100	4,600	-1,500	18,300	17,000	6,500
Net loss
-15,100	18,400	20,100	20,000	-2,600	27,000	26,800	12,000	12,400	67,100	30,700	30,100	5,000	13,400	24,900	15,100	18,100	64,100	41,100	36,900	14,000
Earnings Per Share [Abstract]
Loss per share — Basic (in dollars per share)
-0.11	0.14	0.14	0.14	-0.02	0.19	0.19	0.09	0.09	0.48	0.22	0.22	0.04	0.10	0.18	0.11	0.13	0.47	0.30	0.27	0.10
Loss per share — Diluted (in dollars per share)
-0.11	0.13	0.14	0.14	-0.02	0.18	0.19	0.09	0.09	0.47	0.22	0.21	0.04	0.09	0.18	0.11	0.13	0.47	0.30	0.27	0.10
Weighted average shares outstanding — Basic (in shares)
141,430	141,137	141,072	140,992	140,612	140,232	140,154	139,998	139,708	139,087	139,162	138,972	138,759	139,199	138,277	137,131	137,016	137,016	137,016	137,016	137,016
Weighted average shares outstanding — Diluted (in shares)
141,430	142,709	141,532	141,416	140,612	142,164	141,349	141,071	140,970	140,850	140,885	140,661	140,431	142,429	139,488	138,374	138,564	137,016	137,016	137,016	137,016