Final USITC Report on Chinese Quartz Imports June 2019 | Page 197

Other expenses for independent fabricators increased from 2015 to 2017 and were higher
between the comparable interim periods (see table VI-3).
By definition, items classified at this level in the income statement only affect net
income or (loss). As shown in table VI-7, net income for integrated operations and independent
fabricators declined from 2015 to 2017. Net income for integrated operations was higher
between the comparable interim periods while net income for independent fabricators was
lower. On a company-specific basis, ***. 20 21
CAPITAL EXPENDITURES AND RESEARCH AND DEVELOPMENT EXPENSES
Table VI-8 presents capital expenditures and research and development (“R&D”)
expenses by company. Capital expenditures for integrated operations decreased from 2015 to
2017 and were lower between the comparable interim periods. Capital expenditures for
independent fabricators increased from 2015 to 2017 and were higher between the
20
***. Email from ***, April 9, 2019.
A variance analysis is not presented in this report due to ***. These factors make the analysis less
meaningful.
21
VI-23