Clearwater Paper Corp
NYSE:CLW
Income Statement
Earnings Waterfall
Clearwater Paper Corp
Revenue
|
2.1B
USD
|
Cost of Revenue
|
-1.7B
USD
|
Gross Profit
|
328.5m
USD
|
Operating Expenses
|
-151.3m
USD
|
Operating Income
|
177.2m
USD
|
Other Expenses
|
-76.1m
USD
|
Net Income
|
101.1m
USD
|
Income Statement
Clearwater Paper Corp
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 914
N/A
|
1 942
+1%
|
1 965
+1%
|
1 967
+0%
|
1 916
-3%
|
1 862
-3%
|
1 793
-4%
|
1 752
-2%
|
1 756
+0%
|
1 748
0%
|
1 741
0%
|
1 735
0%
|
1 735
+0%
|
1 728
0%
|
1 719
-1%
|
1 730
+1%
|
1 730
0%
|
1 732
+0%
|
1 732
N/A
|
1 724
0%
|
1 716
0%
|
1 736
+1%
|
1 755
+1%
|
1 762
+0%
|
1 811
+3%
|
1 839
+2%
|
1 851
+1%
|
1 869
+1%
|
1 817
-3%
|
1 743
-4%
|
1 736
0%
|
1 773
+2%
|
1 835
+4%
|
1 955
+7%
|
2 043
+5%
|
2 080
+2%
|
2 117
+2%
|
2 116
0%
|
2 097
-1%
|
2 083
-1%
|
2 054
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 684)
|
(1 703)
|
(1 697)
|
(1 709)
|
(1 672)
|
(1 622)
|
(1 562)
|
(1 513)
|
(1 492)
|
(1 469)
|
(1 492)
|
(1 494)
|
(1 512)
|
(1 531)
|
(1 522)
|
(1 530)
|
(1 536)
|
(1 542)
|
(1 531)
|
(1 538)
|
(1 530)
|
(1 552)
|
(1 595)
|
(1 597)
|
(1 636)
|
(1 623)
|
(1 583)
|
(1 574)
|
(1 522)
|
(1 518)
|
(1 537)
|
(1 590)
|
(1 642)
|
(1 705)
|
(1 761)
|
(1 823)
|
(1 850)
|
(1 833)
|
(1 806)
|
(1 752)
|
(1 725)
|
|
Gross Profit |
230
N/A
|
238
+4%
|
268
+13%
|
258
-4%
|
244
-5%
|
240
-2%
|
231
-4%
|
240
+4%
|
264
+10%
|
279
+6%
|
249
-11%
|
241
-3%
|
223
-8%
|
197
-12%
|
198
+1%
|
200
+1%
|
194
-3%
|
190
-2%
|
201
+6%
|
186
-7%
|
186
0%
|
183
-1%
|
160
-13%
|
165
+3%
|
175
+6%
|
217
+24%
|
269
+24%
|
294
+9%
|
295
+0%
|
225
-24%
|
199
-12%
|
183
-8%
|
193
+6%
|
250
+29%
|
282
+13%
|
257
-9%
|
268
+4%
|
282
+5%
|
291
+3%
|
331
+14%
|
329
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(119)
|
(123)
|
(127)
|
(130)
|
(126)
|
(122)
|
(119)
|
(117)
|
(118)
|
(124)
|
(125)
|
(128)
|
(125)
|
(120)
|
(127)
|
(129)
|
(132)
|
(129)
|
(121)
|
(113)
|
(281)
|
(282)
|
(113)
|
(116)
|
(124)
|
(132)
|
(133)
|
(134)
|
(134)
|
(159)
|
(165)
|
(112)
|
(116)
|
(84)
|
(83)
|
(135)
|
(139)
|
(143)
|
(147)
|
(150)
|
(151)
|
|
Selling, General & Administrative |
(119)
|
(123)
|
(127)
|
(130)
|
(126)
|
(122)
|
(119)
|
(117)
|
(119)
|
(126)
|
(127)
|
(128)
|
(127)
|
(122)
|
(127)
|
(129)
|
(132)
|
(129)
|
(121)
|
(113)
|
(110)
|
(111)
|
(113)
|
(113)
|
(110)
|
(116)
|
(116)
|
(122)
|
(122)
|
(116)
|
(115)
|
(113)
|
(118)
|
(125)
|
(130)
|
(133)
|
(136)
|
(141)
|
(145)
|
(148)
|
(149)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
(171)
|
(171)
|
0
|
(3)
|
(14)
|
(16)
|
(16)
|
(12)
|
(12)
|
(43)
|
(50)
|
1
|
2
|
42
|
47
|
(2)
|
(3)
|
(1)
|
(2)
|
(2)
|
(3)
|
|
Operating Income |
112
N/A
|
115
+3%
|
141
+23%
|
128
-9%
|
119
-7%
|
118
-1%
|
113
-4%
|
122
+9%
|
146
+19%
|
154
+6%
|
124
-20%
|
113
-9%
|
98
-14%
|
77
-22%
|
71
-8%
|
71
+1%
|
62
-13%
|
62
-1%
|
80
+31%
|
73
-9%
|
(95)
N/A
|
(98)
-3%
|
47
N/A
|
48
+4%
|
51
+6%
|
85
+65%
|
136
+61%
|
160
+17%
|
160
+0%
|
66
-59%
|
34
-49%
|
70
+110%
|
78
+10%
|
167
+114%
|
199
+20%
|
122
-39%
|
129
+5%
|
140
+9%
|
144
+3%
|
181
+26%
|
177
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(44)
|
(43)
|
(42)
|
(39)
|
(36)
|
(33)
|
(32)
|
(31)
|
(31)
|
(31)
|
(30)
|
(31)
|
(31)
|
(31)
|
(32)
|
(31)
|
(31)
|
(31)
|
(31)
|
(31)
|
(31)
|
(34)
|
(40)
|
(45)
|
(49)
|
(50)
|
(49)
|
(47)
|
(43)
|
(40)
|
(37)
|
(36)
|
(36)
|
(37)
|
(36)
|
(35)
|
(34)
|
(30)
|
(29)
|
(30)
|
(29)
|
|
Non-Reccuring Items |
(4)
|
(4)
|
(30)
|
(73)
|
(69)
|
(69)
|
(43)
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
2
|
0
|
0
|
0
|
23
|
(171)
|
0
|
0
|
(197)
|
(6)
|
(4)
|
(6)
|
(7)
|
(8)
|
0
|
(9)
|
(9)
|
(59)
|
(61)
|
(62)
|
(60)
|
(9)
|
(8)
|
(3)
|
(2)
|
(7)
|
(13)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
(3)
|
1
|
(0)
|
(2)
|
(3)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(9)
|
(8)
|
(7)
|
(6)
|
(4)
|
(3)
|
(1)
|
0
|
0
|
|
Pre-Tax Income |
64
N/A
|
67
+6%
|
69
+3%
|
16
-77%
|
14
-14%
|
16
+14%
|
38
+140%
|
93
+143%
|
115
+25%
|
124
+7%
|
93
-25%
|
81
-14%
|
63
-22%
|
42
-33%
|
38
-9%
|
41
+7%
|
31
-25%
|
28
-8%
|
69
+143%
|
(134)
N/A
|
(131)
+2%
|
(138)
-5%
|
(196)
-42%
|
(8)
+96%
|
(8)
-6%
|
22
N/A
|
73
+233%
|
98
+35%
|
109
+11%
|
8
-93%
|
(22)
N/A
|
(36)
-64%
|
(28)
+20%
|
59
N/A
|
97
+64%
|
73
-25%
|
83
+13%
|
104
+25%
|
112
+8%
|
144
+29%
|
136
-6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
50
|
48
|
39
|
(19)
|
(17)
|
(15)
|
(21)
|
(37)
|
(47)
|
(50)
|
(42)
|
(31)
|
(25)
|
(17)
|
(13)
|
(14)
|
(9)
|
(8)
|
(14)
|
(11)
|
(11)
|
(12)
|
0
|
2
|
9
|
2
|
(17)
|
(28)
|
(38)
|
(10)
|
(0)
|
8
|
5
|
(16)
|
(35)
|
(27)
|
(29)
|
(35)
|
(27)
|
(36)
|
(35)
|
|
Income from Continuing Operations |
114
|
115
|
108
|
(2)
|
(3)
|
1
|
17
|
56
|
69
|
74
|
52
|
50
|
39
|
26
|
26
|
27
|
22
|
21
|
54
|
(144)
|
(143)
|
(150)
|
(195)
|
(6)
|
1
|
24
|
57
|
70
|
72
|
(3)
|
(22)
|
(28)
|
(24)
|
43
|
62
|
46
|
53
|
68
|
84
|
108
|
101
|
|
Net Income (Common) |
114
N/A
|
115
+1%
|
108
-6%
|
(2)
N/A
|
(3)
-13%
|
1
N/A
|
17
+3 360%
|
56
+224%
|
69
+23%
|
74
+8%
|
52
-30%
|
50
-4%
|
39
-22%
|
26
-33%
|
26
N/A
|
97
+279%
|
92
-5%
|
91
-1%
|
125
+37%
|
(144)
N/A
|
(143)
+1%
|
(150)
-5%
|
(195)
-30%
|
(6)
+97%
|
1
N/A
|
24
+2 578%
|
57
+134%
|
77
+36%
|
79
+2%
|
5
-94%
|
(15)
N/A
|
(28)
-87%
|
(24)
+16%
|
43
N/A
|
61
+44%
|
46
-25%
|
53
+16%
|
68
+28%
|
84
+23%
|
108
+28%
|
101
-6%
|
|
EPS (Diluted) |
5.38
N/A
|
5.6
+4%
|
5.36
-4%
|
-0.12
N/A
|
-0.13
-8%
|
0.03
N/A
|
0.9
+2 900%
|
2.97
+230%
|
3.9
+31%
|
4.3
+10%
|
3.02
-30%
|
2.9
-4%
|
2.32
-20%
|
1.54
-34%
|
1.54
N/A
|
5.86
+281%
|
5.56
-5%
|
5.5
-1%
|
7.52
+37%
|
-8.71
N/A
|
-8.59
+1%
|
-9.09
-6%
|
-11.86
-30%
|
-0.34
+97%
|
0.05
N/A
|
1.45
+2 800%
|
3.36
+132%
|
4.61
+37%
|
4.64
+1%
|
0.26
-94%
|
-0.88
N/A
|
-1.68
-91%
|
-1.38
+18%
|
2.5
N/A
|
3.6
+44%
|
2.68
-26%
|
3.13
+17%
|
4.02
+28%
|
4.98
+24%
|
6.3
+27%
|
5.98
-5%
|