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Verso Corporation$8.31$.01.12%

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Income Statement for Verso Corporation
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release
Net Sales or Revenues $2,444.00 $2,682.00 $2,461.00
Cost of Goods Sold $2,138.00 $2,321.00 $2,237.00
Gross Profit $306.00 $361.00 $224.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $160.00 $98.00 $116.00
Income Before Depreciation $146.00 $263.00 $108.00
       
Depreciation, Depletion, Amortization $183.00 $111.00 $115.00
Non-Operating Income $18.00 $52.00 $7.00
Interest Expense $2.00 $33.00 $38.00
Pretax Income ($21.00) $171.00 ($38.00)
       
Provision for Income Taxes ($117.00) $0.00 ($8.00)
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $96.00 $171.00 ($30.00)
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $96.00 $171.00 ($30.00)
       
Basic Earnings Per Share $2.78 $4.97 ($0.87)
Diluted Earnings Per Share $2.74 $4.88 ($0.87)
       
Weighted Average Basic Shares Outstanding 35.15 34.51 34.43
Weighted Average Diluted Shares Outstanding 35.15 35.10 34.43
       
Income Before Non-Recurring Items ($6.70) $129.59 ($25.87)
Income From Non-Recurring Items $102.70 $41.41 ($4.13)
Diluted Earnings Per Share before extras ($0.19) $3.70 ($0.75)
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $0.00 $0.00 $0.00
Dividend Per Share (common) $0.00 $0.00 $0.00




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