XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Total net sales $ 1,521.9 $ 1,707.8
Total cost of sales 1,243.6 1,413.1
Total gross profit 278.3 294.7
Selling, general and administrative expenses (exclusive of depreciation and amortization) 199.6 214.6
Restructuring and other-net (Note 6) 17.1 0.8
Depreciation and amortization 42.7 47.2
Other operating income (4.4) (0.1)
Income from operations 23.3 32.2
Interest expense-net 40.1 41.7
Investment and other income-net (4.5) (5.6)
Loss on debt extinguishment   0.1
Loss before income taxes (12.3) (4.0)
Income tax (benefit) expense (3.8) 5.3
Net loss (8.5) (9.3)
Less: Income attributable to noncontrolling interests 0.3 0.3
Net loss attributable to RRD common stockholders $ (8.8) $ (9.6)
Net loss per share attributable to RRD common stockholders (Note 10):    
Basic net loss per share $ (0.12) $ (0.14)
Diluted net loss per share $ (0.12) $ (0.14)
Weighted average number of common shares outstanding:    
Basic 70.8 70.3
Diluted 70.8 70.3
Products    
Total net sales $ 1,230.9 $ 1,286.6
Total cost of sales 1,008.8 1,051.9
Total gross profit 222.1 234.7
Services    
Total net sales 291.0 421.2
Total cost of sales 234.8 361.2
Total gross profit $ 56.2 $ 60.0