Tower International (TOWR) 8-K Regulation FD Disclosure

Exhibit 99.1

TOWER INTERNATIONAL, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

(Amounts in thousands, except share and per share amounts)

	Three Months Ended												Year Ended
	March 31, 2014			June 30, 2014			September 30, 2014			December 31, 2014			December 31, 2014
Revenues	$	519,263		$	548,467		$	497,722		$	502,319		$	2,067,771
Cost of sales		458,474			486,118			444,785			449,201			1,838,578
Gross profit		60,789			62,349			52,937			53,118			229,193
Selling, general, and administrative expenses		34,105			31,606			34,223			32,701			132,635
Amortization expense		657			667			220			-			1,544
Restructuring and asset impairment charges, net		1,389			4,716			1,392			6,751			14,248
Operating income		24,638			25,360			17,102			13,666			80,766
Interest expense		7,168			7,337			7,325			12,937			34,767
Interest income		132			133			131			138			534
Other expense		87			-			-			-			87
Income before provision for income taxes and equity in loss of joint venture		17,515			18,156			9,908			867			46,446
Provision for income taxes		2,834			2,661			1,634			2,143			9,272
Equity in loss of joint venture, net of tax		(159	)		(222	)		(245	)		(25	)		(651	)
Income / (loss) from continuing operations		14,522			15,273			8,029			(1,301	)		36,523
Income / (loss) from discontinued operations, net of tax		756			1,677			4,873			(16,742	)		(9,436	)
Net income / (loss)		15,278			16,950			12,902			(18,043	)		27,087
Less: Net income attributable to the noncontrolling interests		423			854			1,741			2,553			5,571
Net income / (loss) attributable to Tower International, Inc.	$	14,855		$	16,096		$	11,161		$	(20,596	)	$	21,516
Weighted average basic shares outstanding		20,513,183			20,651,097			20,733,785			20,751,634			20,662,425
Weighted average diluted shares outstanding		21,263,163			21,373,867			21,457,369			20,751,634			21,391,000
Basic income / (loss) per share attributable to Tower International, Inc.:
Income / (loss) per share from continuing operations	$	0.69		$	0.70		$	0.30		$	(0.19	)	$	1.50
Income / (loss) per share from discontinued operations		0.04			0.08			0.24			(0.81	)		(0.46	)
Income / (loss) per share		0.72			0.78			0.54			(0.99	)		1.04
Diluted income / (loss) per share attributable to Tower International, Inc.:
Income / (loss) per share from continuing operations	$	0.66		$	0.67		$	0.29		$	(0.19	)	$	1.45
Income / (loss) per share from discontinued operations		0.04			0.08			0.23			(0.81	)		(0.44	)
Income / (loss) per share		0.70			0.75			0.52			(0.99	)		1.01

TOWER INTERNATIONAL, INC. AND SUBSIDIARIES

8-K

(Amounts in thousands, except per share amounts - unaudited)

	Three Months Ended												Year Ended
	March 31, 2014			June 30, 2014			September 30, 2014			December 31, 2014			December 31, 2014
Income / (expense) items included in net income / (loss), net of tax:
Cost of sales
Commercial settlement related to 2010-13 scrap	$	-		$	-		$	(6,009	)	$	-		$	(6,009	)
Pension actuarial loss		-			-			-			(4,160	)		(4,160	)
Selling, general, and administrative expenses
One-time CEO compensation awards		-			-			(884	)		(671	)		(1,555	)
Restructuring and asset impairment charges, net
One-time restructuring actions		(240	)		(373	)		(349	)		(1,140	)		(2,102	)
Severance costs in Europe*		(126	)		(67	)		(103	)		(136	)		(432	)
Lease buyout of previously closed facility		-			(3,448	)		-			-			(3,448	)
Loss on sale of None, Italy facility		-			-			-			(2,266	)		(2,266	)
Goodwill impairment charge in Brazil		-			-			-			(2,292	)		(2,292	)
Interest expense
Mark-to-market loss on derivative financial instruments		-			-			-			(5,753	)		(5,753	)
Debt issue costs		-			-			-			(969	)		(969	)
Other expense
Premium and other fees for re-pricing of Term Loan		(87	)		-			-			-			(87	)
Discontinued operations
Income / (loss) from discontinued operations		756			1,677			4,873			(16,742	)		(9,436	)
Noncontrolling interests
Net income attributable to noncontrolling interests**		(200	)		(576	)		(1,489	)		(2,290	)		(4,555	)
Total items included in net income / (loss), net of tax	$	103		$	(2,787	)	$	(3,961	)	$	(36,419	)	$	(43,064	)
Net income / (loss) attributable to Tower International, Inc.	$	14,855		$	16,096		$	11,161		$	(20,596	)	$	21,516
Memo:  Average shares outstanding (in thousands)
Basic		20,513			20,651			20,734			20,752			20,662
Diluted		21,263			21,374			21,457			20,752			21,391
Income / (loss) per common share (GAAP)
Basic	$	0.72		$	0.78		$	0.54		$	(0.99	)	$	1.04
Diluted		0.70			0.75			0.52			(0.99	)		1.01
Diluted adjusted earnings per share (non-GAAP)***		0.69			0.88			0.70			0.74			3.02

* Amounts are net of tax of $54K, $29K, $44K, $30K, and $157K, respectively.

** Amounts attributable to noncontrolling interests of discontinued operations.

*** Excludes the certain items shown above. For the three months ended December 31, 2014, a diluted share count of 21.5 million was used to calculate diluted adjusted earnings per share.