COVETRUS, INC. (CVET) [Rocket]

In millions, except per share items	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21	Mar-31-21	Dec-31-20	Sep-30-20
	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q
Net sales	1,217.0	1,148.0	1,122.0	1,162.0	1,189.0	1,102.0	1,122.0	1,126.0
Net sales growth	2.4%	4.2%	0.0%	3.2%	15.9%	3.5%	11.3%	10.6%
Cost of sales	988.0	923.0	910.0	946.0	969.0	892.0	916.0	929.0
Gross profit	229.0	225.0	212.0	216.0	220.0	210.0	206.0	197.0
Gross margin	18.8%	19.6%	18.9%	18.6%	18.5%	19.1%	18.4%	17.5%

Operating expenses:
Selling, general and administrative	225.0	219.0	219.0	220.0	229.0	213.0	225.0	224.0
Operating income (loss)	4.0	6.0	-7.0	-4.0	-9.0	-3.0	-19.0	-27.0
Operating margin	0.3%	0.5%	-0.6%	-0.3%	-0.8%	-0.3%	-1.7%	-2.4%

Other income (expense):
Interest expense, net	7.0	7.0	6.0	8.0	-9.0	9.0	9.0	10.0
Other, net		2.0	3.0	-2.0			12.0	5.0
Income (loss) before taxes	-3.0	1.0	-10.0	-14.0	-18.0	-12.0	-16.0	-32.0
Plus: Income tax (benefit) expense	-1.0	-3.0		10.0	-13.0	-4.0	13.0	-3.0
Net income (loss)	-4.0	-2.0	-3.0	-4.0	-31.0	-16.0	-3.0	-35.0

Net (income) loss attributable to non-controlling interests
Net income (loss) attributable to Covetrus	-4.0	-2.0	-3.0	-4.0	-31.0	-16.0	-4.0	-35.0

Earnings (loss) per share:
Basic (in usd per share)	($0.03)	($0.02)	($0.02)	($0.03)	($0.23)	($0.11)	($0.04)	($0.33)
Diluted (in usd per share)	($0.03)	($0.02)	($0.02)	($0.03)	($0.23)	($0.11)	($0.04)	($0.33)

Weighted-average common shares outstanding:
Basic (in shares)	140.0	138.0	137.0	137.0	137.0	136.0	118.0	116.0
Diluted (in shares)	140.0	138.0	137.0	137.0	137.0	136.0	118.0	116.0