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10-Q
KOPPERS HOLDINGS INC. filed this Form 10-Q on 11/09/2017
Entire Document
 

 

Condensed Consolidating Statement of Operations

For the Three Months Ended September 30, 2016

 

 

 

Parent

 

 

Koppers Inc.

 

 

Domestic

Guarantor

Subsidiaries

 

 

Non-Guarantor

Subsidiaries

 

 

Consolidating

Adjustments

 

 

Consolidated

 

(Dollars in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

0.0

 

 

$

165.7

 

 

$

104.7

 

 

$

128.9

 

 

$

(28.2

)

 

$

371.1

 

Cost of sales including depreciation

   and amortization

 

 

0.0

 

 

 

164.0

 

 

 

73.5

 

 

 

103.6

 

 

 

(28.2

)

 

 

312.9

 

Gain on sale of business

 

 

0.0

 

 

 

 

 

 

0.0

 

 

 

(2.1

)

 

 

 

 

 

(2.1

)

Selling, general and administrative

 

 

0.5

 

 

 

10.6

 

 

 

13.7

 

 

 

7.8

 

 

 

0.0

 

 

 

32.6

 

Operating profit (loss)

 

 

(0.5

)

 

 

(8.9

)

 

 

17.5

 

 

 

19.6

 

 

 

0.0

 

 

 

27.7

 

Other income

 

 

0.0

 

 

 

0.1

 

 

 

0.8

 

 

 

(0.3

)

 

 

(0.4

)

 

 

0.2

 

Equity income of subsidiaries

 

 

12.6

 

 

 

33.7

 

 

 

15.2

 

 

 

0.0

 

 

 

(61.5

)

 

 

0.0

 

Interest expense

 

 

0.0

 

 

 

11.0

 

 

 

0.0

 

 

 

1.1

 

 

 

(0.4

)

 

 

11.7

 

Income taxes

 

 

0.0

 

 

 

1.9

 

 

 

0.0

 

 

 

2.3

 

 

 

0.0

 

 

 

4.2

 

Income from continuing operations

 

 

12.1

 

 

 

12.0

 

 

 

33.5

 

 

 

15.9

 

 

 

(61.5

)

 

 

12.0

 

Discontinued operations

 

 

0.0

 

 

 

0.0

 

 

 

0.0

 

 

 

(0.1

)

 

 

0.0

 

 

 

(0.1

)

Noncontrolling interests

 

 

0.0

 

 

 

0.0

 

 

 

0.0

 

 

 

(0.2

)

 

 

0.0

 

 

 

(0.2

)

Net income attributable to Koppers

 

$

12.1

 

 

$

12.0

 

 

$

33.5

 

 

$

16.0

 

 

$

(61.5

)

 

$

12.1

 

Comprehensive income

   attributable to Koppers

 

$

14.3

 

 

$

14.9

 

 

$

35.4

 

 

$

15.6

 

 

$

(65.9

)

 

$

14.3

 

 

 

 

 

 

 

 


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