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TECUMSEH PRODUCTS CO (TECU)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07
   10-K10-K10-K10-K/A10-K10-K10-K10-K
Net sales  724.4823.6854.7864.4933.8735.9996.41,136.1
            Net sales growth  -12.0%-3.6%-1.1%-7.4%26.9%-26.1%-12.3%13.3%
Cost of sales  -653.7-745.5-790.0-826.5-849.5687.6891.31,001.4
    Gross profit  70.778.164.737.984.348.3  
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0%  
Selling and administrative expenses  92.2104.9107.7108.1114.1125.2  
Other income (expense), net  9.321.422.314.714.3   
Impairments, restructuring charges, and other items  -8.8-13.640.6-8.5-50.3   
    Operating income (loss)  -21.0-19.019.9-64.0-65.8-93.9  
            Operating margin  100.0%100.0%100.0%100.0%100.0%100.0%  
Interest expense  -10.0-9.2-10.2-10.5-10.6-10.8  
Interest income  3.21.53.22.31.22.3  
    Income (loss) from continuing operations before taxes  -27.8-26.712.9-72.2-75.2-102.4-83.0-13.2
Tax benefit (expense)  0.57.7-10.2-0.9-16.6-10.6  
            Tax rate     1.2%22.1%10.4%0.0%0.0%
    Income (loss) from continuing operations  -28.3-34.423.1-71.3-58.6-91.8  
Loss from discontinued operations, net of tax  -4.4-3.1-0.5-1.91.8-1.6  
    Net income (loss)  -32.7-37.522.6-73.2-56.8-93.4  
   
Basic income (loss) per share (a):          
Loss from continuing operations (in dollars per share)  0.00.00.00.00.00.0  
Loss from discontinued operations (in dollars per share)  0.00.00.00.00.00.0  
   
    Net loss per share (in dollars per share)  ($1.77)($2.03)$1.22($3.96)($3.07)($5.06)  
   
Weighted average shares, basic (in thousands)  18.518.518.518.518.518.5  
   
Earnings Per Share, Diluted [Abstract]          
    Net income (loss) per share (in dollars per share)  ($1.77)($2.03)$1.22($3.96)($3.07)($5.06)  
Weighted average shares, diluted (in thousands)  18.518.518.518.518.518.5  
   

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