OSG seeks to attract investment by providing stockholders with superior returns
 
Download Financials to ExcelDownload to Excel
Period Ended12/31/201312/31/201212/31/201112/31/201012/31/2009
 UpdateUpdateRestatedRestatedUpdate
 7/16/20144/11/20144/25/20144/11/20143/19/2012
In millions of USD
(except for per share items)
Net Sales1,016.001,137.131,049.531,045.611,093.62
Revenue1,016.001,137.131,049.531,045.611,093.62
Total Revenue1,016.001,137.131,049.531,045.611,093.62
Cost of Revenue724.69951.72930.88827.25821.18
Cost of Revenue, Total724.69951.72930.88827.25821.18
Gross Profit291.31185.42118.65218.36272.44
Selling / General / Administrative Expense97.6688.8583.24100.42121.11
Selling / General / Administrative Expenses, Total97.6688.8583.24100.42121.11
Depreciation176.28201.28179.72170.67172.40
Depreciation / Amortization176.28201.28179.72170.67172.40
Investment Income - Operating-40.89-33.49-20.61-3.59-.77
Interest / Investment Income - Operating-40.89-33.49-20.61-3.59-.77
Interest Expense (Income), Net-Operating, Total-40.89-33.49-20.61-3.59-.77
Restructuring Charge327.1741.11.00.00--
Impairment-Assets Held for Use16.21------.00
Loss(Gain) on Sale of Assets - Operating365.26271.36-2.0628.62-127.49
Other Unusual Expense (Income)3.103.16.38-2.0629.28
Unusual Expense (Income)711.74315.64-1.6926.56-98.21
Total Operating Expense1,669.471,523.991,171.541,121.311,015.72
Operating Income-653.47-386.86-122.01-75.7077.90
Interest Expense - Non-Operating-.35-94.48-86.67-77.38-55.88
Interest Capitalized - Non-Operating.001.066.7710.3310.76
Interest Expense, Net Non-Operating-.35-93.42-79.90-67.04-45.13
Interest Income - Non-Operating.86.43.921.293.09
Investment Income - Non-Operating-.20-1.751.37-.45-1.58
Interest / Investment Income, Non-Operating.66-1.322.29.851.51
Interest Income (Expense), Net-Non-Operating, Total.31-94.74-77.61-66.20-43.62
Other Non-Operating Income (Expense).19.01.24.20.16
Other, Net.19.01.24.20.16
Net Income Before Taxes-652.98-481.60-199.38-141.7034.45
Provision for Income Taxes-14.75-1.481.99-19.16-36.70
Net Income After Taxes-638.23-480.11-201.36-122.5471.15
Minority Interest---------.98
Net Income Before Extraordinary Items-638.23-480.11-201.36-122.5470.17
Net Income-638.23-480.11-201.36-122.5470.17
Income Available to Common Excluding Extraordinary Items-638.23-480.11-201.36-122.5470.17
Income Available to Common Stocks Including Extraordinary Items-638.23-480.11-201.36-122.5470.17
Basic Weighted Average Shares30.4830.3430.2329.5026.86
Basic EPS Excluding Extraordinary Items-20.94-15.82-6.66-4.152.61
Basic EPS Including Extraordinary Items-20.94-15.82-6.66-4.152.61
Dilution Adjustment--.00.00.00--
Diluted Net Income-638.23-480.11-201.36-122.5470.17
Diluted Weighted Average Shares30.4830.3430.2329.5026.87
Diluted EPS Excluding Extraordinary Items-20.94-15.82-6.66-4.152.61
Diluted EPS Including Extraordinary Items-20.94-15.82-6.66-4.152.61
DPS - Common Stock Primary Issue.00.001.531.751.75
Gross Dividends - Common Stock--.0046.8851.8847.13
Stock-Based Compensation, Supplemental--6.126.967.708.77
Interest Expense, Supplemental.3593.4279.9067.0445.13
Interest Capitalized, Supplemental.00-1.06-6.77-10.33-10.76
Depreciation, Supplemental176.28201.28179.72170.67164.91
Total Special Items711.74315.64-1.6926.56-98.21
Normalized Income Before Taxes58.76-165.96-201.06-115.14-63.76
Effect of Special Items on Income Taxes249.11110.47-.599.30-34.37
Income Taxes Excluding Impact of Special Items234.36108.991.40-9.86-71.07
Normalized Income After Taxes-175.60-274.95-202.46-105.287.31
Normalized Income Available to Common-175.60-274.95-202.46-105.286.33
Basic Normalized EPS-5.76-9.06-6.70-3.57.24
Diluted Normalized EPS-5.76-9.06-6.70-3.57.24
Amortization of Intangibles, Supplemental--5.185.186.347.50
Rental Expense, Supplemental3.964.554.615.01401.97
Equity in Affiliates, Supplemental40.8933.4920.563.59.77
Minority Interest, Supplemental---------.98
Audit Fees--------.27
Audit-Related Fees--------.06
Tax Fees--------.04
All Other Fees--------.00
Gross Margin28.6716.3111.3120.8824.91
Operating Margin-64.32-34.02-11.63-7.247.12
Pretax Margin-64.27-42.35-19.00-13.553.15
Effective Tax Rate---------106.52
Net Profit Margin-62.82-42.22-19.19-11.726.42
Normalized EBIT17.37-104.71-144.31-52.73-21.08
Normalized EBITDA193.65101.7640.60124.28151.33
Current Tax - Total-7.3528.2731.62-2.04-40.40
Current Tax - Total-7.3528.2731.62-2.04-40.40
Deferred Tax - Total-7.40-29.75-29.64-17.113.70
Deferred Tax - Total-7.40-29.75-29.64-17.113.70
Income Tax - Total-14.75-1.481.99-19.16-36.70
Interest Cost - Domestic1.782.03----2.24
Service Cost - Domestic.00--------
Prior Service Cost - Domestic.00.00----.00
Expected Return on Assets - Domestic-2.09-1.87-----1.45
Actuarial Gains and Losses - Domestic.50.32----.38
Curtailments & Settlements - Domestic--.01------
Transition Costs - Domestic.00.00----.00
Domestic Pension Plan Expense.19.49----1.16
Interest Cost - Post-Retirement.18.24----.22
Service Cost - Post-Retirement.12.20----.21
Prior Service Cost - Post-Retirement-.33-.23-----.24
Expected Return on Assets - Post-Retirement.00--------
Actuarial Gains and Losses - Post-Retirement.17.16----.02
Transition Costs - Post-Retirement.01------.02
Post-Retirement Plan Expense.14.36----.23
Total Pension Expense.33.84----1.39
Discount Rate - Domestic3.754.50----5.00
Discount Rate - Post-Retirement4.004.50----5.75
Expected Rate of Return - Domestic6.756.50----6.75
Expected Rate of Return - Post-Retirement.00--------
Compensation Rate - Domestic.00.00----.00
Compensation Rate - Post-Retirement.00--------
Total Plan Interest Cost1.952.27----2.46
Total Plan Service Cost.12.20----.21
Total Plan Expected Return-2.09-1.87-----1.45
For a more complete picture of our financial results, please review our SEC Filings
Powered by Thomson Reuters