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Metaldyne Performance Group Inc. (MPG)

Income Statement Business | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11
   10-K10-K10-K10-K10-K10-K
Revenues:  
    Metaldyne  1,168.51,155.71,176.41,110.8  
    HHI  834.9984.8968.5906.5  
    Grede  787.3906.8572.1   
Total revenues  2,790.73,047.32,717.02,017.3205.3680.5
            Revenue growth   [+]-8.4%12.2%34.7%882.5%-69.8% 
Cost of goods sold  2,321.52,531.32,294.11,708.7199.5559.0
Gross profit  469.2516.0422.9308.65.8121.5
            Gross margin  16.8%16.9%15.6%15.3%2.8%17.9%
Selling, general and administrative  242.3249.6194.6123.214.4116.6
EBITDA   [+]448.2496.2439.1348.810.124.9
            EBITDA margin  16.1%16.3%16.2%17.3%4.9%3.7%
Depreciation  151.4159.9156.0129.418.720.0
EBITA  296.8336.3283.1219.4-8.64.9
            EBITA margin  10.6%11.0%10.4%10.9%-4.2%0.7%
Amortization of intangibles  69.969.954.834.0  
EBIT   [+]226.9266.4228.3185.4-8.64.9
            EBIT margin  8.1%8.7%8.4%9.2%-4.2%0.7%
Non-recurring items   [+]  24.8 25.913.4
Interest expense  0.80.81.01.011.125.8
Other income (expense), net   [+]-90.8-91.7-148.3-91.5-1.5-2.5
Pre-tax income  135.3173.954.292.8-47.1-36.8
Income taxes  38.448.1-19.135.0-15.2-11.1
            Tax rate  28.4%27.7% 37.7%32.3%30.3%
Minority interest  0.60.40.40.3  
Net income  96.3125.472.957.6-31.9-25.6
            Net margin  3.5%4.1%2.7%2.9%-15.5%-3.8%
   
Basic EPS   [+]$1.43$1.86$1.09$0.86($0.48)($1.45)
Diluted EPS   [+]$1.39$1.80$1.06$0.86($0.48)($1.45)
   
Dividends per share   [+]$0.37$0.27$1.66$3.83  
   
Shares outstanding (basic)   [+]67.567.367.167.167.117.7
Shares outstanding (diluted)   [+]69.369.768.567.167.117.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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