Nucor 2015 Annual Report Download - page 51

Download and view the complete annual report

Please find page 51 of the 2015 Nucor annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 98

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98

4949
CONSOLIDATED STATEMENTS OF EARNINGS
CONSOLIDATED STATEMENTS OF EARNINGS (in thousands, except per share data)
Year Ended December 31, 2015 2014 2013
NET SALES $16,439,276 $21,105,141 $19,052,046
COSTS, EXPENSES AND OTHER:
Cost of products sold (Notes 6, 14 and 18) 14,858,014 19,198,615 17,641,421
Marketing, administrative and other expenses (Note 21) 458,989 520,805 467,904
Equity in earnings of unconsolidated affiliates (Note 10) (5,329) (13,505) (9,297)
Impairments and losses on assets (Notes 7, 10 and 24) 244,833 25,393 14,000
Interest expense, net (Notes 7, 19 and 20) 173,531 169,256 146,895
15,730,038 19,900,564 18,260,923
EARNINGS BEFORE INCOME TAXES AND
NONCONTROLLING INTERESTS 709,238 1,204,577 791,123
PROVISION FOR INCOME TAXES (Note 20) 213,154 388,787 205,594
NET EARNINGS 496,084 815,790 585,529
EARNINGS ATTRIBUTABLE TO NONCONTROLLING INTERESTS 138,425 101,844 97,504
NET EARNINGS ATTRIBUTABLE TO NUCOR STOCKHOLDERS $ 357,659 $ 713,946 $ 488,025
NET EARNINGS PER SHARE (Note 22):
Basic $1.11 $2.22 $1.52
Diluted $1.11 $2.22 $1.52
See notes to consolidated financial statements.