What does consolidation — net income loss mean?

This represents the elimination of intercompany profits or losses that have not yet been realized through sales to external customers. It ensures that consolidated net income reflects only profits earned from external transactions. This adjustment is vital for preventing the overstatement of earnings due to internal markups.

Acuity Brands AYI Consolidation — Net Income Loss

Discontinued — last reported Q3 '18

Similar metrics at other companies

APGCorporate and Elimination — Net revenues

$1.98B+15.3%

TKOEliminations — Revenue

-$9.44M+28.1%

BOther Eliminations — Net Sales

-$21.05M+6.7%

CHDConsolidating Reclassification — Operating Income

$0—

CLFEliminations — Revenue

-$42M-50.0%

HEICorporate And Eliminations — Revenue from Contract with Customer, Excluding Assessed Tax

-$13.25M-16.0%

Other financials

Income statement

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Revenue$1.1B+4.9%

Gross profit$520.4M+11.2%

Operating income$133.0M+20.7%

Net income$96.8M+24.9%

EPS (diluted)$3.09+26.1%

Balance sheet

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Cash & equivalents$272.5M-31.5%

Total debt$808.2M-32.2%

Total equity$2.8B+12.7%

Total assets$4.6B-0.5%

Cash flow

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Operating cash flow$89.1M+50.0%

CapEx$15.8M+62.9%

Free cash flow$73.3M+47.5%

Valuation

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Market cap$9.63B+0.5%

Enterprise value$10.16B-2.1%

P/E22.4×-0.6×

P/S2.1×-0.3×

Profitability

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Gross margin48.7%+1.8pp

Operating margin13.4%-0.4pp

Net margin9.4%-1.2pp

FCF margin12.2%+0.7pp

Returns & leverage

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Return on equity16%-1.8pp

Debt / equity0.3×-0.2×

Current ratio2.1×+0.1×

Where this comes from

Reported directly by Acuity Brands in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: Acuity Brands’s 10-Q, filed July 3, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — net income loss mean?: This represents the elimination of intercompany profits or losses that have not yet been realized through sales to external customers. It ensures that consolidated net income reflects only profits earned from external transactions. This adjustment is vital for preventing the overstatement of earnings due to internal markups.