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Welbilt, Inc. (WBT)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20Sep-30-20Jun-30-20
   10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Net sales  1,563.11,483.41,380.41,267.41,077.81,153.41,215.21,327.2
            Net sales growth  45.0%28.6%13.6%-4.5%-30.4%-27.6%-24.9%-18.1%
Cost of sales  1,011.6951.6876.5805.7692.6743.4793.5859.9
    Gross profit  551.5531.8503.9461.7385.2410.0421.7467.3
            Gross margin  35.3%35.9%36.5%36.4%35.7%35.5%34.7%35.2%
Selling, general and administrative expenses  338.5334.1311.8299.5271.3285.3297.0311.4
Amortization expense  9.7   10.1   
   
Restructuring and other expense          
    Earnings from continuing operations          
Other expense — net  8.7-1.64.77.24.67.18.13.1
Income tax expense (benefit) on continuing operations  27.325.314.34.6-7.8-6.3-6.04.6
    Net loss from continuing operations  61.557.964.344.33.2-7.4-9.26.0
    Net earnings  65.370.376.756.715.6-7.4-9.26.0
   
Per share data:          
Diluted          
Continuing operations (in dollars per share)  0.0   0.0   
Discontinued operations (in dollars per share)  0.0   0.0   
   
    Net earnings (in dollars per share)  $0.45$0.49$0.55$0.41$0.12($0.05)($0.08)$0.03
   
Basic          
    Net earnings (in dollars per share)  $0.46$0.50$0.56$0.41$0.12($0.05)($0.07)$0.04
   
Weighted average shares outstanding — Basic (in shares)  142.3142.0141.8141.6141.5141.5141.3141.2
Weighted average shares outstanding — Diluted (in shares)  143.4143.0142.6142.1141.7141.5141.5141.5

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