Westlake Chemical Corporation WLK Income Statement

Westlake chemical corporation (WLK)

Income statement / TTM

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	Sep'10	Jun'10
Net sales
8,025	8,118	8,230	8,419	8,510	8,635	8,650	8,504	8,248	8,041	7,766	6,936	6,043	5,076	4,326	4,235	4,334	4,463	4,612	4,677	4,491	4,415	4,231	3,982	3,922	3,759	3,608	3,425	3,400	3,571	3,629	3,776	3,787	3,619	3,540	3,390	0	0	0
Cost of sales
6,781	6,858	6,866	6,887	6,766	6,648	6,521	6,418	6,311	6,280	6,217	5,681	4,950	4,093	3,391	3,191	3,178	3,278	3,300	3,315	3,176	3,098	2,980	2,788	2,761	2,658	2,612	2,562	2,608	2,834	3,005	3,177	3,223	3,060	2,923	2,794	0	0	0
Gross profit
1,244	1,260	1,364	1,532	1,744	1,987	2,129	2,086	1,937	1,761	1,548	1,255	1,093	983	935	1,044	1,156	1,185	1,311	1,362	1,314	1,317	1,250	1,193	1,160	1,101	996	863	792	736	623	598	564	559	616	595	0	0	0
Selling, general and administrative expenses
462	458	451	455	453	445	438	422	408	399	376	350	303	258	227	211	216	218	221	218	200	183	170	154	153	147	143	135	128	121	114	114	112	112	112	109	0	0	0
Amortization of intangibles
109	109	107	104	102	101	101	104	109	108	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring, transaction and integration-related costs
15	37	45	42	48	33	26	28	28	29	36	112	112	104	90	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income (Loss)
658	656	761	931	1,141	1,408	1,564	1,532	1,392	1,225	1,016	698	614	583	610	817	932	960	1,081	1,133	1,105	1,123	1,079	1,039	1,007	953	852	728	663	615	509	484	451	446	503	485	0	0	0
Other income (expense)
Interest expense
125	124	119	116	119	126	136	148	156	159	161	145	112	79	45	29	32	35	35	37	37	37	31	25	20	18	22	30	37	43	48	49	50	50	49	45	0	0	0
Debt retirement costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-
Gain from sales of equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	-	-	-	-
Other income, net
40	38	31	33	39	52	55	36	30	15	14	52	58	54	56	17	31	38	26	21	3	-2	8	10	5	6	2	4	5	3	5	5	5	5	4	3	0	0	0
Income before income taxes
573	570	673	848	1,061	1,334	1,483	1,420	1,266	1,081	870	605	560	558	621	806	932	963	1,071	1,117	1,071	1,083	1,055	1,024	992	942	832	694	641	585	475	456	407	401	459	443	0	0	0
Income Tax Expense (Benefit)
36	108	165	188	242	300	-236	-200	-225	-258	241	126	124	138	190	257	288	298	335	399	393	398	387	355	347	331	298	243	220	199	158	158	144	142	163	159	0	0	0
Net income
537	462	508	660	819	1,034	1,719	1,620	1,491	1,339	628	479	436	420	430	549	643	665	736	718	677	685	667	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to noncontrolling interests
43	41	36	38	38	38	44	42	38	35	27	23	22	21	19	20	20	19	17	15	10	6	2	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to Westlake Chemical Corporation
494	421	472	622	781	996	1,675	1,578	1,453	1,304	601	455	413	399	410	528	622	646	718	702	666	678	666	668	645	610	534	451	421	385	316	297	263	258	295	284	0	0	0
Earnings per common share attributable to Westlake Chemical Corporation:
Basic (in dollars per share)
1.13	0.56	1.22	0.92	0.56	0.96	2.36	2.13	2.21	6.18	1.62	1.18	1.07	0.77	0.51	0.85	0.94	0.84	1.39	1.55	1.10	1.38	1.26	1.27	1.18	1.28	1.28	1.09	0.92	-1.46	1.30	1.73	1.32	0.39	1.02	1.22	1.26	0.95	0.86
Diluted (in dollars per share)
1.13	0.56	1.22	0.92	0.55	0.95	2.35	2.12	2.20	6.16	1.61	1.17	1.06	0.76	0.51	0.85	0.94	0.83	1.39	1.54	1.10	1.38	1.25	1.26	1.18	1.27	1.27	1.09	0.92	-1.45	1.30	1.72	1.31	0.40	1.01	1.21	1.25	0.95	0.86
Weighted average common shares outstanding:
Basic (in shares)
128	128	128	128	128	129	129	129	129	129	129	129	128	128	128	129	130	130	131	132	132	132	133	133	133	133	133	133	133	331	66	66	66	65	66	65	65	65	65
Diluted (in shares)
128	128	128	128	128	129	130	130	130	128	129	129	129	129	129	129	130	130	132	133	133	133	133	133	133	133	133	133	133	333	66	66	66	66	66	66	66	65	65
Dividends per common share (usd per share)
-	-	-	-	-	-	-	-	-	-	-	0.19	0.19	-	0.19	0.18	0.18	0.18	0.18	0.16	0.16	0.16	0.16	0.12	0.12	0.11	0.11	0.09	0.09	1.80	0.18	0.07	0.07	0.07	0.07	0.06	0.06	0.06	0.05