Company: SPR
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001628280-25-021582
Chunk: 41

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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Item 1. Financial Statements (unaudited)

Spirit AeroSystems Holdings, Inc.

Condensed Consolidated Statements of Operations

(unaudited)

 For the ThreeMonths Ended April 3,2025March 28,2024 ($ in millions, except per share data)Net revenues$1,521.8 $1,702.8 Operating costs and expenses  Cost of sales1,982.9 2,138.3 Selling, general and administrative91.8 81.5 Research and development14.5 10.6 (Gain) on dispositions of businesses(80.4)— Total operating costs and expenses2,008.8 2,230.4 Operating loss(487.0)(527.6)Interest expense and financing fee amortization(99.5)(80.2)Other (expense) income, net(19.9)2.3 Loss before income taxes and equity in net loss of affiliates(606.4)(605.5)Income tax provision(6.0)(11.0)Loss before equity in net loss of affiliates(612.4)(616.5)Equity in net loss of affiliates(0.3)(0.1)Net loss(612.7)(616.6)Less noncontrolling interest in earnings of subsidiary(0.2)(0.1)Net loss attributable to common shareholders$(612.9)$(616.7)Loss per share  Basic$(5.21)$(5.31)Diluted$(5.21)$(5.31) 

See notes to condensed consolidated financial statements (unaudited)                                                                                                                                                                                                                                                                               

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Table of Contents

Spirit AeroSystems Holdings, Inc.

Condensed Consolidated Statements of Comprehensive (Loss) Income 

(unaudited)

 For the ThreeMonths Ended April 3,2025March 28,2024 ($ in millions)Net loss$(612.7)$(616.6)Changes in other comprehensive loss, net of tax:Settlement of swap, net of tax effect of zero for each of the three and nine months ended, respectivelyPension, SERP, and retiree medical adjustments, net of tax effect of $0.1 and $0.6 for the three months ended, respectively.0.2 0.3 Unrealized foreign exchange gain (loss) on inter