RR Donnelley & Sons Co (RRD) [Rocket]

In millions, except per share items	Dec-31-21	Sep-30-21	Jun-30-21	Dec-31-20	Sep-30-20	Jun-30-20	Mar-31-20	Dec-31-19
	10-K	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K
Total revenues [+]				4,959.0	5,039.6	5,265.5	5,764.6	5,877.0
Products				3,549.5	3,630.1	3,856.0		2,846.4
Revenue growth				-15.6%	-18.9%	-18.3%	-12.8%	-13.6%
Cost of goods sold				3,956.4	4,026.5	4,215.8	4,629.0	4,736.9
Gross profit				1,002.6	1,013.1	1,049.7	1,135.6	1,140.1
Gross margin				20.2%	20.1%	19.9%	19.7%	19.4%
Selling, general and administrative [+]				616.7	620.9	651.1	711.3	731.8
Sales and marketing					455.9	486.1	546.3
General and administrative				160.8				165.0
Other operating expenses				34.1	32.1	34.1	29.2	11.6
EBITDA [+]				354.8	364.7	369.2	398.5	400.1
EBITDA growth				-11.3%	-13.6%	-13.3%	-7.7%	-6.7%
EBITDA margin				7.2%	7.2%	7.0%	6.9%	6.8%
Depreciation				130.2	139.3	144.1	145.3	146.1
EBITA				224.6	225.4	225.1	253.2	254.0
EBITA margin				4.5%	4.5%	4.3%	4.4%	4.3%
Amortization of intangibles				20.1	20.3	21.4	22.0	23.1
EBIT [+]				204.5	205.1	203.7	231.2	230.9
EBIT growth				-11.4%	-18.6%	-20.2%	-9.3%	-6.7%
EBIT margin				4.1%	4.1%	3.9%	4.0%	3.9%
Non-recurring items [+]				120.7	120.5	64.0	51.6	36.8
Asset impairment				120.7	120.5	64.0	51.6	36.8
Interest expense, net [+]				134.1	136.7	139.4	142.4	148.3
Interest expense				135.2	137.8	140.9	144.4	150.6
Interest income					1.1	1.5	2.0
Other income (expense), net [+]				10.0	14.7	14.7	13.4	13.6
Gain (loss) on debt retirement				-3.0	-0.4	-1.0	-0.6
Other				14.1	16.2	17.2	16.0	16.7
Pre-tax income				-40.3	-37.4	15.0	50.6	59.4
Income taxes				5.5	38.2	88.4	74.2	78.6
Tax rate				-13.6%	-102.1%		146.6%	132.3%
Minority interest				0.5	0.6		0.3	0.5
Earnings from continuing ops				-181.5	-76.1	-64.9	-16.0	-11.8
Earnings from discontinued ops				270.9	-94.2	-74.8		-73.5
Net income				89.4	-170.3	-139.7	-89.5	-85.3
Net margin				1.8%	-3.4%	-2.7%	-1.6%	-1.5%

Basic EPS [+]				($2.52)	($1.06)	($0.91)	($0.22)	($0.17)
Growth				1417.9%	64.6%	1428.5%	55.3%	6.3%
Diluted EPS [+]				($2.52)	($1.06)	($0.91)	($0.22)	($0.17)
Growth				1417.9%	64.6%	1429.1%	55.3%	6.3%

Dividends per share [+]							$0.12	$0.12
Growth	-100.0%	-100.0%	-100.0%	-75.0%	-50.0%	-25.0%	-47.8%	-64.7%

Shares outstanding (basic) [+]				72.1	71.9	71.6	71.4	71.2
Growth				1.3%	1.2%	1.1%	1.0%	0.9%
Shares outstanding (diluted) [+]				72.1	71.9	71.6	71.4	71.2
Growth				1.3%	1.2%	1.1%	1.0%	0.9%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.