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CIRCOR INTERNATIONAL INC (CIR)

Income Statement Business | Geographic

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:  
    Fluid Handling      487.6139.1118.2 
    Energy      288.9183.4305.9383.7
    Instrumentation & Thermal Fluid Controls Products        166.1272.6
    Other      237.0183.0  
Total revenues  786.9758.7765.2957.31,013.5505.5590.3656.3
            Revenue growth   [+]3.7%-0.9%-20.1%-5.5%100.5%-14.4%-10.1%-22.0%
Cost of goods sold  566.2570.6576.7704.4688.3332.8407.1456.9
Gross profit  220.7188.1188.6252.9325.2172.7183.1199.3
            Gross margin  28.0%24.8%24.6%26.4%32.1%34.2%31.0%30.4%
Selling, general and administrative  213.3224.9223.4248.5284.6146.5154.8156.3
Other operating expenses  -25.3-38.1-38.7-64.0-13.1-7.3-8.2-9.7
EBITDA   [+]52.424.124.390.4128.960.662.176.7
            EBITDA margin  6.7%3.2%3.2%9.4%12.7%12.0%10.5%11.7%
Depreciation  19.722.920.422.026.212.413.314.3
EBITA  32.71.23.968.4102.848.148.862.4
            EBITA margin  4.2%0.2%0.5%7.1%10.1%9.5%8.3%9.5%
Amortization of intangibles      49.114.612.39.7
EBIT   [+]32.71.23.968.453.633.536.552.8
            EBIT margin  4.2%0.2%0.5%7.1%5.3%6.6%6.2%8.0%
Non-recurring items   [+]-30.130.598.837.932.017.225.626.6
Interest expense, net   [+]44.932.434.248.6-53.0-10.8-3.3-2.8
Other income (expense), net  5.73.81.60.9-94.6-22.7-4.1-6.2
Pre-tax income  23.7-57.9-127.6-17.3-23.93.69.722.4
Income taxes  4.35.255.913.19.5-7.2-0.412.6
            Tax rate  18.1%      56.0%
Earnings from continuing ops  19.4-63.0-183.5-30.3-33.310.910.19.9
Earnings from discontinued ops   1.4-35.1-107.5-6.00.9  
Net income  19.4-61.6-218.6-137.8-39.411.810.19.9
            Net margin  2.5%-8.1%-28.6%-14.4%-3.9%2.3%1.7%1.5%
   
Basic EPS   [+]$0.95($3.12)($9.18)($1.52)($1.68)$0.65$0.62$0.59
Diluted EPS   [+]$0.95($3.12)($9.18)($1.52)($1.68)$0.64$0.61$0.58
   
Dividends per share   [+]     $0.15$0.15$0.15
   
Shares outstanding (basic)   [+]20.420.220.019.919.816.716.416.9
Shares outstanding (diluted)   [+]20.420.220.019.919.816.816.516.9
   
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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