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NN INC (NNBR)

Income Statement Business | Geographic | Operational

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Autocam Precision Components         328.3
    Other         77.2
Total revenues  498.7477.6427.5489.5524.2619.8585.0405.4
            Revenue growth   [+]4.4%11.7%-12.7%-6.6%-15.4%6.0%44.3%-17.0%
Cost of goods sold  421.1390.0343.6392.5414.1460.8428.8320.6
Gross profit  77.687.683.997.0110.1159.0156.184.8
            Gross margin  15.6%18.3%19.6%19.8%21.0%25.7%26.7%20.9%
Selling, general and administrative  49.651.558.168.972.874.164.134.9
Equity in earnings  6.66.33.61.7-14.45.25.95.0
EBITDA   [+]27.536.424.829.016.189.791.449.7
            EBITDA margin  5.5%7.6%5.8%5.9%3.1%14.5%15.6%12.3%
Depreciation  31.431.845.744.943.052.450.733.0
EBITA  -3.94.6-20.9-15.9-26.937.340.716.7
            EBITA margin  -0.8%1.0%-4.9%-3.3%-5.1%6.0%7.0%4.1%
Amortization of intangibles  15.814.3      
EBIT   [+]-19.8-9.8-20.9-15.9-26.937.340.716.7
            EBIT margin  -4.0%-2.0%-4.9%-3.3%-5.1%6.0%7.0%4.1%
Non-recurring items   [+]-5.3-7.092.9 182.50.3 11.7
Interest expense  15.012.718.913.011.352.162.929.6
Other income (expense), net   [+]-1.5-7.0-19.4-3.212.4-45.1-8.7-24.7
Pre-tax income  -31.1-22.4-152.1-32.1-208.4-60.2-30.9-49.2
Income taxes  1.6-1.8-9.00.3-1.5-79.5-15.4-19.8
            Tax rate   7.8%5.9% 0.7%132.1%50.0%40.3%
Earnings from continuing ops  -26.1-28.9-279.0-30.7-221.224.5-19.0-48.8
Earnings from discontinued ops   1.238.9-16.0-41.8137.716.217.9
Net income  -26.1-27.7-240.1-46.7-263.0162.2-2.8-30.9
            Net margin  -5.2%-5.8%-56.2%-9.5%-50.2%26.2%-0.5%-7.6%
   
Basic EPS   [+]($0.58)($0.66)($6.61)($0.73)($6.98)$0.89($0.70)($2.30)
Diluted EPS   [+]($0.58)($0.66)($6.61)($0.73)($6.98)$0.88($0.70)($2.30)
   
Dividends per share   [+]   $0.21$0.28$0.28$0.28$0.28
   
Shares outstanding (basic)   [+]44.744.042.242.031.727.427.021.2
Shares outstanding (diluted)   [+]44.744.042.242.031.727.827.021.2
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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