15 unchanged sentences
The following graph compares the cumulative quarterly stock market performance of our common stock with the Russell 2000 Stock Index (“Russell 2000”) and the Dow Jones U.S.
−Removed: Building Materials & Fixtures Index (“DJ Building Materials & Fixtures”) since September 30, 2014.
−Removed: Total return values were calculated based on cumulative total return assuming (i) the investment of $100 in our common stock, the Russell 2000 and the DJ Building Materials & Fixtures on the dates indicated and (ii) reinvestment of all dividends.
+Added: Building Materials & Fixtures Index (“DJ U.S.
+Added: Building Materials & Fixtures”) since September 30, 2015.
+Added: Total return values were calculated based on cumulative total return assuming (i) the investment of $100 in our common stock, the Russell 2000 and the DJ U.S.
+Added: Building Materials & Fixtures on the dates indicated and (ii) reinvestment of all dividends.
Index to Financial Statements
2 unchanged sentences
MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS” and the consolidated financial statements and notes thereto included elsewhere in this annual report.
+Added: 2020 2019 2018 2017 2016
(in millions, except per share data)
Statement of operations data:
+Added: Net sales $ 964.1 $ 968.0 $ 916.0 $ 826.0 $ 800.6
Cost of sales 635.9 647.1 626.1 558.1 531.7
+Added: Gross profit 328.2 320.9 289.9 267.9 268.9
Selling, general and administrative expenses
−Removed: Loss on Walter receivable
+Added: 198.4 182.7 166.7 155.4 149.5
Gain on sale of idle property — (2.4) (9.0) — —
3 unchanged sentences
Walter Energy Accrual 0.2 22.0 — — —
−Removed: Pension costs other than service
+Added: Pension costs (benefit) other than service (3.0) 0.4 1.0 1.4 19.3
Gain on settlement of interest rate swap contracts — — (2.4) — —
Income before income taxes 94.1 82.1 95.7 78.5 69.3
−Removed: Income tax (benefit) expense
+Added: Income tax expense (benefit) 22.1 18.3 (9.9) 24.2 24.2
Income from continuing operations 72.0 63.8 105.6 54.3 45.1
Discontinued operations (1)
+Added: — — — 69.0 18.8
+Added: $ 72.0 $ 63.8 $ 105.6 $ 123.3 $ 63.9
Earnings per basic share:
1 unchanged sentence
Discontinued operations (1)
+Added: — — — 0.43 0.12
+Added: $ 0.46 $ 0.40 $ 0.67 $ 0.77 $ 0.40
Earnings per diluted share:
1 unchanged sentence
Discontinued operations (1)
+Added: — — — 0.42 0.12
+Added: $ 0.45 $ 0.40 $ 0.66 $ 0.76 $ 0.39
Weighted average shares outstanding:
+Added: Basic 157.8 157.8 158.2 160.1 161.3
+Added: Diluted 158.6 159.0 159.7 161.8 163.4
Balance sheet data (at September 30):
2 unchanged sentences
Property, plant and equipment, net 253.8 217.1 150.9 122.3 108.4
+Added: Total assets 1,395.0 1,337.3 1,291.9 1,258.3 1,280.6
+Added: Total debt 447.6 446.3 445.0 480.6 484.4
Long-term liabilities 599.3 566.5 560.0 627.2 675.3
Total liabilities 754.3 745.0 727.1 768.8 861.1
+Added: Total equity 640.7 592.3 564.8 489.5 419.5
Other data (year ended September 30):
3 unchanged sentences
(1) In 2017, we sold Anvil.
−Removed: The results of its operations and the gain on the sale of Anvil are classified as discontinued operations for 2015 through 2017, as applicable.
+Added: The results of its operations and the gain on the sale of Anvil are classified as discontinued operations for 2016 and 2017, as applicable.
Index to Financial Statements
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.