OLIN Corp
For the period ended Jun 30, 2024. Filed Jul 26, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Jul 26, 2024
OLN$17.31-4.2%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Statements of Operations
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Sales | $1,644.0 | $1,702.7 | $3,279.3 | $3,547.0 |
| Operating expenses: | ||||
| Cost of goods sold | 1,406.2 | 1,392.6 | 2,834.2 | 2,834.3 |
| Selling and administrative | 94.6 | 101.2 | 196.5 | 213.0 |
| Restructuring charges | 6.8 | 19.2 | 15.1 | 80.1 |
| Other operating income | — | 27.0 | 0.2 | 27.5 |
| Operating income | 136.4 | 216.7 | 233.7 | 447.1 |
| Interest expense | 46.6 | 45.3 | 91.2 | 87.7 |
| Interest income | 0.9 | 1.1 | 1.7 | 2.2 |
| Non-operating pension income | 5.9 | 5.4 | 12.7 | 11.1 |
| Income before taxes | 96.6 | 177.9 | 156.9 | 372.7 |
| Income tax provision | 24.3 | 33.2 | 36.8 | 74.0 |
| Net income | 72.3 | 144.7 | 120.1 | 298.7 |
| Net loss attributable to noncontrolling interests | (1.9) | (2.2) | (2.7) | (4.5) |
| Net income attributable to Olin Corporation | $74.2 | $146.9 | $122.8 | $303.2 |
| Net income attributable to Olin Corporation per common share: | ||||
| Basic | $0.63 | $1.15 | $1.03 | $2.35 |
| Diluted | $0.62 | $1.13 | $1.01 | $2.29 |
| Average common shares outstanding: | ||||
| Basic | 118.5 | 127.4 | 119.1 | 129.2 |
| Diluted | 120.2 | 130.4 | 121.0 | 132.4 |
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