Fundamentals - Annual Income Statement

  Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Reclassified) Year Ending Dec 2016 (Reclassified) Year Ending Jan 2016 (Update) Year Ending Jan 2015 (Update)
Net Sales 633.79 515.03 414.13 390.11 402.13
Revenue 633.79 515.03 414.13 390.11 402.13
Total Revenue 633.79 515.03 414.13 390.11 402.13
Cost of Revenue 355.51 283.89 225.59 209.98 223.75
Cost of Revenue, Total 355.51 283.89 225.59 209.98 223.75
Gross Profit 278.28 231.15 188.54 180.13 178.37
Selling/General/Administrative Expense 169.07 148.58 127.93 122.81 129.31
Labor & Related Expense 7.03 5.80 5.07 -- --
Selling/General/Administrative Expenses, Total 176.09 154.38 133.00 122.81 129.31
Research & Development 10.55 9.56 7.38 6.68 6.16
Investment Income - Operating -- -- -- -- 0.01
Interest/Investment Income - Operating -- -- -- -- 0.01
Interest Expense (Income), Net-Operating, Total -- -- -- -- 0.01
Restructuring Charge 1.72 0.20 -0.32 0.52 0.81
Impairment-Assets Held for Use -- -- -- -- --
Loss (Gain) on Sale of Assets - Operating -- -- -- -- --
Other Unusual Expense (Income) 1.32 5.38 1.83 -- --
Unusual Expense (Income) 3.04 5.58 1.52 0.52 0.81
Total Operating Expense 545.19 453.41 367.48 339.99 360.04
Operating Income 88.60 61.63 46.64 50.12 42.09
Interest Expense - Non-Operating -7.03 -3.55 -1.29 -0.95 -0.97
Interest Expense, Net Non-Operating -7.03 -3.55 -1.29 -0.95 -0.97
Interest Income, Non-Operating 0.38 0.45 0.27 0.20 0.40
Interest/Investment Income, Non-Operating 0.38 0.45 0.27 0.20 0.40
Interest Income (Expense), Net-Non-Operating, Total -6.65 -3.10 -1.02 -0.75 -0.57
Other Non-Operating Income (Expense) -2.42 -0.87 -1.07 -- --
Other, Net -2.42 -0.87 -1.07 -- --
Net Income Before Taxes 79.53 57.65 44.55 49.37 41.52
Income Tax – Total 18.59 28.89 12.08 14.76 12.45
Income After Tax 60.94 28.77 32.47 34.61 29.07
Minority Interest -0.63 -0.49 -0.39 -0.29 -0.39
Net Income Before Extraordinary Items 60.31 28.28 32.07 34.32 28.68
Discontinued Operations 0.00 0.00 0.00 0.07 -0.02
Extraordinary Item 0.11 2.82 -- -- --
Total Extraordinary Items 0.11 2.82 0.00 0.07 -0.02
Net Income 60.41 31.09 32.08 34.39 28.66
Income Available to Common Excluding Extraordinary Items 60.31 28.28 32.07 34.32 28.68
Income Available to Common Stocks Including Extraordinary Items 60.41 31.09 32.08 34.39 28.66
Basic Weighted Average Shares 11.09 10.99 10.87 10.87 10.99
Basic EPS Excluding Extraordinary Items 5.44 2.57 2.95 3.16 2.61
Basic EPS Including Extraordinary Items 5.45 2.83 2.95 3.16 2.61
Dilution Adjustment -- -- -- -- --
Diluted Net Income 60.41 31.09 32.08 34.39 28.66
Diluted Weighted Average Shares 11.40 11.31 11.15 11.09 11.21
Diluted EPS Excluding Extraordinary Items 5.29 2.50 2.88 3.09 2.56
Diluted EPS Including Extraordinary Items 5.30 2.75 2.88 3.10 2.56
DPS - Common Stock Primary Issue 0.88 0.84 0.76 0.68 0.60
Gross Dividends - Common Stock 9.77 9.25 8.29 7.38 6.58
Total Special Items 3.04 5.58 1.52 0.52 0.81
Normalized Income Before Taxes 82.57 63.23 46.06 49.89 42.32
Effect of Special Items on Income Taxes 0.71 2.79 0.41 0.15 0.24
Income Taxes Excluding Impact of Special Items 19.30 31.68 12.49 14.92 12.69
Normalized Income After Taxes 63.27 31.55 33.57 34.97 29.63
Normalized Income Available to Common 62.63 31.06 33.18 34.68 29.25
Basic Normalized EPS 5.65 2.83 3.05 3.19 2.66
Diluted Normalized EPS 5.49 2.75 2.98 3.13 2.61
Amortization of Intangibles, Supplemental 14.18 11.96 8.13 5.01 5.53
Depreciation, Supplemental 9.39 7.42 6.19 5.81 5.66
Interest Expense, Supplemental 7.03 3.55 1.29 0.95 0.97
Rental Expense, Supplemental 5.58 0.50 4.30 3.02 3.14
Stock-Based Compensation, Supplemental 7.03 5.80 5.07 5.74 5.81
Minority Interest, Supplemental -0.63 -0.49 -0.39 -0.29 -0.39
Research & Development Expense, Supplemental 10.55 9.56 7.38 6.68 6.16
Audit-Related Fees, Supplemental -- 3.29 2.10 1.74 1.54
Audit-Related Fees -- 0.60 0.51 0.00 0.00
Tax Fees, Supplemental -- 0.01 0.00 0.00 0.03
All Other Fees Paid to Auditor, Supplemental -- 0.00 0.00 0.00 0.00
Gross Margin 43.91 44.88 45.53 46.17 44.36
Operating Margin 13.98 11.97 11.26 12.85 10.47
Pretax Margin 12.55 11.19 10.76 12.66 10.32
Effective Tax Rate 23.37 50.10 27.12 29.90 29.98
Net Profit Margin 9.52 5.49 7.74 8.80 7.13
Normalized EBIT 91.64 67.20 48.16 50.63 42.91
Normalized EBITDA 115.20 86.58 62.48 61.46 54.09
Current Tax - Domestic 0.83 7.84 0.54 4.69 1.08
Current Tax - Foreign 21.83 17.37 11.32 10.62 7.70
Current Tax - Local 0.17 0.29 0.84 1.15 0.71
Current Tax - Total 22.83 25.49 12.70 16.47 9.50
Deferred Tax - Domestic -2.55 7.50 1.74 0.05 2.18
Deferred Tax - Foreign -1.76 -3.56 -1.82 -1.38 0.42
Deferred Tax - Local 0.07 -0.54 -0.53 -0.37 0.35
Deferred Tax - Total -4.24 3.39 -0.61 -1.71 2.95
Income Tax - Total 18.59 28.89 12.08 14.76 12.45
Interest Cost - Domestic 1.19 1.23 1.27 1.23 1.29
Service Cost - Domestic 0.70 0.69 0.72 0.84 0.85
Prior Service Cost - Domestic 0.00 0.05 0.06 0.06 0.06
Expected Return on Assets - Domestic -1.29 -1.33 -1.29 -1.42 -1.48
Actuarial Gains and Losses - Domestic 0.54 0.44 0.50 0.51 0.32
Curtailments & Settlements - Domestic 1.12 -- -- -- --
Domestic Pension Plan Expense 2.26 1.09 1.26 1.21 1.03
Interest Cost - Foreign 0.13 0.11 -- -- --
Service Cost - Foreign 0.17 0.15 -- -- --
Prior Service Cost - Foreign 0.01 0.01 -- -- --
Expected Return on Assets - Foreign -0.04 -0.03 -- -- --
Actuarial Gains and Losses - Foreign 0.06 0.04 -- -- --
Foreign Pension Plan Expense 0.33 0.28 -- -- --
Interest Cost - Post-Retirement 0.17 0.17 0.16 0.18 0.23
Service Cost - Post-Retirement 0.21 0.18 0.13 0.19 0.26
Prior Service Cost - Post-Retirement 0.09 0.09 0.09 0.09 0.09
Expected Return on Assets - Post-Retirement -0.00 -0.00 -0.00 0.00 0.00
Actuarial Gains and Losses - Post-Retirement 0.14 0.08 0.05 0.06 0.03
Curtailments & Settlements - Post-Retirement 0.31 0.00 0.11 -- --
Post-Retirement Plan Expense 0.91 0.51 0.54 0.51 0.61
Defined Contribution Expense - Domestic 3.71 -- -- 2.75 2.66
Total Pension Expense 7.21 1.88 1.80 4.47 4.29
Discount Rate - Domestic 3.51 4.03 4.22 3.87 4.79
Discount Rate - Foreign 3.49 3.45 -- -- --
Discount Rate - Post-Retirement 3.58 4.10 5.38 3.27 4.07
Expected Rate of Return - Domestic 4.50 5.00 5.00 -- 5.75
Expected Rate of Return - Foreign 7.43 7.53 -- -- --
Expected Rate of Return - Post-Retirement 7.43 7.53 7.72 -- 0.00
Compensation Rate - Domestic 3.00 3.00 3.00 -- 3.50
Compensation Rate - Foreign 3.97 3.65 -- -- --
Compensation Rate - Post-Retirement 3.05 3.08 3.94 -- 2.99
Total Plan Interest Cost 1.49 1.52 1.43 1.40 1.51
Total Plan Service Cost 1.09 1.01 0.85 1.03 1.11
Total Plan Expected Return -1.33 -1.35 -1.29 -1.42 -1.48
For a more complete picture of our financial results, please review our SEC Filings

Copyright Thomson Reuters Corporation