| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Net sales | ||||||||||
1,579 | 1,715 | 1,330 | 1,055 | 1,175 | 1,436 | 1,263 | 1,383 | 1,261 | 805 | 523 |
Costs and expenses | ||||||||||
Cost of materials sold (excludes items shown seperately below) | ||||||||||
1,280 | 1,372 | 1,055 | 820 | 942 | 1,160 | 999 | 1,113 | 1,008 | 650 | 502 |
Warehouse and processing | ||||||||||
99 | 97 | 87 | 79 | 85 | 92 | 84 | 84 | 72 | 51 | 39 |
Administrative and general | ||||||||||
76 | 81 | 69 | 63 | 64 | 72 | 68 | 68 | 59 | 39 | 33 |
Distribution | ||||||||||
48 | 50 | 41 | 36 | 36 | 41 | 35 | 35 | 28 | 19 | 15 |
Selling | ||||||||||
28 | 29 | 26 | 23 | 21 | 24 | 24 | 27 | 24 | 19 | 12 |
Occupancy | ||||||||||
9 | 9 | 8 | 8 | 9 | 10 | 9 | 8 | 7 | 5 | 5 |
Depreciation | ||||||||||
17 | 16 | 16 | 17 | 18 | 19 | 21 | 19 | 15 | 13 | 11 |
Amortization | ||||||||||
1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - |
Goodwill and intangible asset impairment | ||||||||||
- | - | - | - | 24 | 23 | 0 | 6 | - | - | - |
Total costs and expenses | ||||||||||
1,562 | 1,658 | 1,306 | 1,049 | 1,203 | 1,445 | 1,243 | 1,365 | 1,217 | 798 | 620 |
Operating income | ||||||||||
16 | 57 | 23 | 5 | -27 | -9 | 19 | 18 | 44 | 6 | -97 |
Asset impairment charge of joint venture real estate | ||||||||||
- | - | - | - | - | - | - | 0 | 0 | - | - |
Other income (loss), net | ||||||||||
-0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 | -0 | - | - |
Income before interest and income taxes | ||||||||||
16 | 56 | 23 | 5 | -27 | -9 | 19 | 18 | 43 | 6 | -97 |
Interest and other expense on debt | ||||||||||
11 | 10 | 7 | 5 | 5 | 6 | 6 | 8 | 5 | 2 | 2 |
Income before income taxes | ||||||||||
5 | 46 | 16 | 0 | -33 | -16 | 12 | 10 | 37 | 3 | -99 |
Income tax provision | ||||||||||
1 | 12 | -2 | 1 | -6 | 2 | 5 | 7 | 12 | 1 | -38 |
Net income | ||||||||||
3 | 33 | 18 | -1 | -26 | -19 | 7 | 2 | 24 | 2 | -61 |
Loss on cash flow hedges | ||||||||||
-3 | - | - | - | - | - | - | - | - | - | - |
Tax effect of hedges | ||||||||||
-0 | - | - | - | - | - | - | - | - | - | - |
Loss on cash flow hedge | ||||||||||
- | - | - | 0 | -1 | 0 | 0 | -0 | - | - | - |
Tax effect on cash flow hedge | ||||||||||
- | - | - | 0 | -0 | 0 | 0 | 0 | - | - | - |
Reclassification of loss included in net income, net of tax of $804 for 2015 | ||||||||||
- | - | - | - | -1 | 0 | 0 | - | - | - | - |
Total comprehensive income | ||||||||||
1 | 33 | 18 | -1 | -26 | -19 | 7 | 1 | 24 | 2 | - |
Earnings per share: | ||||||||||
Net income per share - basic (in dollars per share) | ||||||||||
0.34 | 2.95 | 1.67 | -0.10 | -2.39 | -1.71 | 0.69 | 0.21 | 2.28 | 0.20 | -5.62 |
Weighted average shares outstanding - basic (in shares) | ||||||||||
11 | 11 | 11 | 11 | 11 | 11 | 11 | 10 | 10 | 10 | 10 |
Net income per share - diluted (in dollars per share) | ||||||||||
0.34 | 2.95 | 1.67 | -0.10 | -2.39 | -1.71 | 0.69 | 0.21 | 2.28 | 0.20 | -5.62 |
Weighted average shares outstanding - diluted (in shares) | ||||||||||
11 | 11 | 11 | 11 | 11 | 11 | 11 | 10 | 10 | 10 | 10 |
Dividends declared per share of common stock (in dollars per share) | ||||||||||
0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | - | - | - | - | - |