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RR Donnelley & Sons Co (RRD)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Net sales  4,963.74,766.35,473.25,702.46,939.66,833.06,880.77,172.7
            Net sales growth  4.1%-12.9%-4.0%-17.8%1.6%-0.7%-4.1%-31.6%
Cost of sales  3,994.93,789.24,389.34,580.35,623.45,484.35,475.65,698.8
    Gross profit  968.8977.11,083.91,122.11,316.21,348.71,405.11,473.9
            Gross margin  19.5%20.5%19.8%19.7%19.0%19.7%20.4%20.5%
Selling, general and administrative expenses  600.6597.5687.7729.5860.4897.0872.6933.1
Restructuring, impairment and other charges-net (Note 5)  33.3100.036.738.653.0584.362.772.3
Depreciation and amortization  130.5145.7162.6172.7191.4204.2232.5254.6
Other operating expense  40.925.811.6-0.3 -11.9  
    Income from operations  163.5108.1185.3181.6211.4-324.9237.3213.9
            Operating margin  3.3%2.3%3.4%3.2%3.0%-4.8%3.4%3.0%
Interest expense-net (Note 11)  -127.6-135.1-150.6-168.3-180.1-198.7-274.7-211.2
Investment and other income-net  -19.9-14.1-16.7-20.4-63.8-26.443.9 
Loss on debt extinguishment  7.13.00.832.420.1  -77.1
    Income (loss) from continuing operations before income taxes  48.7-15.950.61.375.5-497.2-10.7 
Income tax expense (Note 10)  44.910.054.931.5108.7-12.321.0-56.2
    Net income (loss) from continuing operations  3.8-25.9-4.3-30.2-33.2-484.9-31.7-40.3
Loss from discontinued operations, net of tax (Note 2)   -2.5-88.420.3    
    Net income (loss) from discontinued operations  0.6252.3-88.420.6 -9.7170.1161.1
    Net income (loss)  4.499.0-92.7-39.8-33.2-494.6138.4120.8
Less: income attributable to noncontrolling interests  0.70.50.51.41.21.3-12.73.4
    Net income (loss) attributable to RRD common stockholders  3.798.5-93.2-11.0-34.4-495.9151.1117.4
   
Basic net earnings (loss) per share attributable to RRD common stockholders (Note 13):          
Continuing operations  0.00.00.00.0 0.00.00.0
Discontinued operations  0.00.00.00.0 0.00.00.0
   
Net earnings (loss) attributable to RRD common stockholders  $0.05$1.36($1.31)($0.16)($0.49)($7.09)$2.20$1.77
   
Diluted net earnings (loss) per share attributable to RRD common stockholders (Note 13):          
Continuing operations  0.00.00.00.0 0.00.00.0
Discontinued operations  0.00.00.020.6 0.00.00.0
Net earnings (loss) attributable to RRD common stockholders  $0.05$1.36($1.31)$20,599,999.55($0.49)($7.09)$2.20$1.77
   
Weighted average number of common shares outstanding:          
   
Diluted  74.572.371.270.670.270.068.566.2

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