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Welbilt, Inc. (WBT)

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-K/A10-K
Net sales  1,546.91,153.41,593.91,590.11,445.41,456.11,570.11,581.3
            Net sales growth  34.1%-27.6%0.2%10.0%-0.7%-7.3%-0.7%2.6%
Cost of sales  987.3743.41,027.01,020.9908.5922.31,068.41,073.3
    Gross profit  559.6410.0566.9569.2536.9533.8501.7508.0
            Gross margin  36.2%35.5%35.6%35.8%37.1%36.7%32.0%32.1%
Selling, general and administrative expenses  337.6285.3344.2309.8278.3286.1291.6299.6
Amortization expense  39.439.138.737.031.2   
   
Restructuring and other expense          
    Earnings from continuing operations          
Other expense — net  -7.54.6-5.4-24.3-10.6-14.0  
Income tax expense (benefit) on continuing operations  28.9-6.319.810.8-11.530.740.325.9
    Net loss from continuing operations  70.3-7.455.978.2132.971.5156.1159.8
    Net earnings  70.3-7.455.978.2132.971.5156.1159.8
   
Per share data:          
Diluted          
Continuing operations (in dollars per share)          
   
    Net earnings (in dollars per share)  $0.49($0.05)$0.39$0.55$0.94$0.51$1.14$1.17
   
Basic          
    Net earnings (in dollars per share)  $0.49($0.05)$0.40$0.56$0.96$0.52$1.14$1.17
   
Weighted average shares outstanding — Basic (in shares)  142.1141.5141.0140.0139.0137.9137.0137.0
Weighted average shares outstanding — Diluted (in shares)  143.1141.5141.6141.4140.7139.7137.0137.0

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