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Billerud Americas Corp (VRS)

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-K10-K
Net sales  1,278.01,359.02,444.02,682.02,461.0 3,122.01,297.0
            Net sales growth  -6.0%-44.4%-8.9%9.0% -100.0%140.7%-6.6%
Costs and expenses:          
Cost of products sold (exclusive of depreciation and amortization)  1,062.01,334.02,138.02,321.02,250.0   
Depreciation and amortization  154.0153.0183.0111.0115.0   
Selling, general and administrative expenses  76.077.0104.0102.0107.0 242.070.0
Restructuring charges  23.012.052.01.09.0  135.0
Other operating (income) expense  -8.0-89.04.0-5.01.0   
    Operating income (loss)  -29.0-128.0-37.0152.0-21.0 -155.0-175.0
            Operating margin  100.0%100.0%100.0%100.0%-0.9% -5.0%-13.5%
Interest expense  -2.0-1.0-2.0-33.0-38.0  -142.0
Other (income) expense  -25.0-19.0-18.0-52.0-21.0 -9.039.0
    Income (loss) before income taxes  -6.0-110.0-21.0171.0-38.0 -425.0-356.0
Income tax expense (benefit)  -3.0-9.0-91.0 -8.0 -3.0-3.0
    Net income (loss)  -3.0-101.070.0171.0-30.0 -422.0-353.0
   
Income (loss) per common share:          
Basic (usd per share)  ($0.09)($2.95)$2.03$4.97($0.87) ($5.19)($6.62)
Diluted (usd per share)  ($0.09)($2.95)$2.00$4.88($0.87) ($5.19)($6.62)
   
Weighted average common shares outstanding (in thousands):          
Basic (in shares)  30.934.234.634.534.4 81.353.3
Diluted (in shares)  30.934.235.135.134.4 81.353.3

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