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Knowles Corp (KN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  764.7868.1764.3854.8826.9744.2755.7753.6
            Revenues growth  -11.9%13.6%-10.6%3.4%11.1%-1.5%0.3%-17.6%
Cost of goods sold  456.2508.6490.8525.1503.9452.8458.2465.8
    Gross profit  276.3359.5271.2328.0322.6286.0295.7281.8
            Gross margin  36.1%41.4%35.5%38.4%39.0%38.4%39.1%37.4%
Research and development expenses  81.792.892.996.8100.693.492.083.2
Selling and administrative expenses  128.9146.4131.5145.7142.5126.6149.9149.7
Restructuring charges  9.60.510.04.31.76.28.611.6
    Operating expenses  691.1243.7242.0246.8244.8246.1250.7496.9
    Operating earnings (loss)  -414.8115.829.281.277.839.945.035.0
            Operating margin  -54.2%13.3%3.8%9.5%9.4%5.4%6.0%4.6%
Other (income) expense, net  -0.5-3.01.50.40.7-0.1-3.51.7
    Earnings (loss) before income taxes  -418.2104.611.366.361.119.428.120.6
Provision for income taxes  11.9-45.68.416.6-4.512.98.33.2
    Net earnings (loss)  -430.1150.46.649.167.768.3-42.3-233.8
   
Earnings per share:          
Net earnings (loss) per share, basic  ($4.69)$1.63$0.07$0.54$0.75$0.76($0.48)($2.69)
Net earnings (loss) per share, diluted  ($4.69)$1.59$0.07$0.53$0.74$0.75($0.47)($2.69)
   
Weighted-average common shares outstanding:          
Basic (in shares)  91.792.391.791.290.189.388.786.8
Diluted (in shares)  91.794.792.993.491.290.589.287.0
Restructuring charges - cost of goods sold  32.2 2.3     
Asset Impairment Charges  470.94.07.6  19.90.55.6
Interest Income (Expense), Net  -3.9-14.2-16.4-14.5-16.0-20.6-20.4-12.7

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