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Forterra, Inc. (FRTA)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Jun-30-21Mar-31-21Dec-31-20Sep-30-20Jun-30-20Mar-31-20Dec-31-19
   8-K10-Q10-Q10-K10-Q10-Q10-Q10-K
Net sales  470.7492.8368.1379.9457.6426.2330.9363.1
            Net sales growth  23.9%15.6%11.3%4.6%-1.5%3.9%13.4%7.1%
Cost of goods sold   373.2285.9293.8331.3320.6272.1296.6
    Gross profit  102.0119.682.386.1126.3105.658.766.6
            Gross margin  21.7%24.3%22.3%22.7%27.6%24.8%17.8%18.3%
Selling, general & administrative expenses  53.056.355.057.257.153.354.256.5
Impairment and exit charges  -0.2-0.1-0.40.0-1.4-0.3-0.8-2.2
Other operating income, net  -0.90.412.11.90.2-1.00.30.1
Operating Expenses  52.1112.6110.5278.658.254.554.7-107.7
    Income from operations  49.763.638.930.768.151.04.08.0
            Operating margin  10.6%12.9%10.6%8.1%14.9%12.0%1.2%2.2%
   
Other income (expenses)          
Interest expense  -18.6-19.1-18.3-19.4-20.1-19.7-20.7-21.3
Gain (loss) on extinguishment of debt     -0.8-11.50.1-0.11.3
Earnings from equity method investee  3.13.62.63.12.33.12.81.5
    Income (loss) before income taxes   48.123.213.638.834.6-14.0-10.4
Income tax (expense) benefit  -8.4-12.1-4.59.0-9.9-7.5-0.12.8
    Net income (loss)  25.836.118.722.628.827.1-14.1-7.7
   
Earnings (loss) per share:          
Basic (in usd per share)   $0.54$0.28$0.35$0.44$0.42($0.22)($0.12)
Diluted (in usd per share)   $0.52$0.27$0.32$0.42$0.40($0.22)($0.12)
   
Weighted average shares of common stock outstanding:          
Basic (in shares)  69.766.766.265.365.365.164.864.2
Diluted (in shares)  69.769.569.468.268.767.264.864.2

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