Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information
Our common stock is trading on the New York Stock Exchange under the symbol “LXU”.
Stockholders
As of February 16, 2021, we had approximately 382 record holders of our common stock. This number does not include investors whose ownership is recorded in the name of their brokerage company.
Equity Compensation Plans
Discussions relating to our equity compensation plans under Item 12 of Part III are incorporated by reference to our definitive proxy statement which we intend to file with the SEC on or before April 30, 2021.
Sale of Unregistered Securities
There were no unregistered sales of equity securities in 2020 that have not been previously reported in a Quarterly Report on Form 10-Q or Current Report on Form 8-K.
26
ITEM 6. SELECTED F INANCIAL DATA (1)
Year ended December 31,
2020
2019
2018
2017
2016
(In Thousands, Except Per Share Data)
Selected Statement of Operations Data in Dollars:
Net sales (2)
$
351,316
$
365,070
$
378,160
$
427,504
$
374,585
Operating loss
(15,535
)
(39,091
)
(23,025
)
(34,091
)
(90,223
)
Interest expense, net
51,115
46,389
43,064
37,267
30,945
Provisions (benefit) for income taxes
(4,749
)
(20,924
)
1,740
(40,759
)
(41,956
)
Loss from continuing operations
(61,911
)
(63,417
)
(72,226
)
(30,293
)
(88,133
)
Income from discontinued operations, net of taxes (3)
—
—
—
1,076
200,301
Net income (loss)
(61,911
)
(63,417
)
(72,226
)
(29,217
)
112,168
Net income (loss) income attributable to common stockholders
$
(99,419
)
$
(96,441
)
$
(102,741
)
$
(59,447
)
$
64,760
Income (loss) per common share attributable to
common stockholders:
Basic:
Loss from continuing operations
$
(3.53
)
$
(3.44
)
$
(3.74
)
$
(2.22
)
$
(5.28
)
Income from discontinued operations, net of taxes
$
—
$
—
$
—
$
0.04
$
7.82
Net income (loss)
$
(3.53
)
$
(3.44
)
$
(3.74
)
$
(2.18
)
$
2.54
Diluted:
Loss from continuing operations
$
(3.53
)
$
(3.44
)
$
(3.74
)
$
(2.22
)
$
(5.28
)
Income from discontinued operations, net of taxes
$
—
$
—
$
—
$
0.04
$
7.82
Net income (loss)
$
(3.53
)
$
(3.44
)
$
(3.74
)
$
(2.18
)
$
2.54
Selected Balance Sheet Data in Dollars:
Total assets
$
1,053,302
$
1,088,489
$
1,148,333
$
1,189,182
$
1,270,420
Long-term debt, including current portion, net
$
484,190
$
459,044
$
425,199
$
409,399
$
420,220
Redeemable preferred stocks
$
272,101
$
234,893
$
202,169
$
174,959
$
145,029
Stockholders' equity
$
149,643
$
247,327
$
342,197
$
438,196
$
492,513
Selected Other Data in Dollars:
Cash dividends declared per common share
$
—
$
—
$
—
$
—
$
—
(1)
The following selected consolidated financial data were derived from our audited consolidated financial statements and should be read in conjunction with, and are qualified by reference, to the MD&A contained in Item 7 of Part II of this report. The financial information presented may not be indicative of our future performance.
(2)
Upon adoption of ASC 606, net sales for the years 2016 and 2017 have not been adjusted under the modified retrospective method.
(3)
See discussion of our discontinued operations in Note 2 to the Consolidated Financial Statements included in our 2017 Form 10-K, filed on February 26, 2018.
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.