GLOBAL BRASS & COPPER HOLDINGS, INC.
CIK:0001533526|SEC Filings
Consolidated Statements of Operations (Unaudited) - USD ($) shares in Millions, $ in Millions |
3 Months Ended | |
|---|---|---|
Mar. 31, 2019 |
Mar. 31, 2018 |
|
| Net sales | $ 430.3 | $ 471.8 |
| Cost of sales | (377.7) | (422.8) |
| Gross profit | 52.6 | 49.0 |
| Selling, general and administrative expenses | (23.9) | (23.4) |
| Operating income | 28.7 | 25.6 |
| Interest expense, net | (4.0) | (4.3) |
| Other (expense) income, net | (0.1) | |
| Income before provision for income taxes | 24.7 | 21.2 |
| Provision for income taxes | (6.7) | (5.3) |
| Net income | 18.0 | 15.9 |
| Net income attributable to noncontrolling interest | (0.1) | (0.1) |
| Net income attributable to Global Brass and Copper Holdings, Inc. | $ 17.9 | $ 15.8 |
| Net income attributable to Global Brass and Copper Holdings, Inc. per common share: | ||
| Basic (in dollars per share) | $ 0.83 | $ 0.72 |
| Diluted (in dollars per share) | $ 0.82 | $ 0.71 |
| Weighted average common shares outstanding: | ||
| Basic (in shares) | 21.7 | 21.9 |
| Diluted (in shares) | 22.0 | 22.3 |