Income Statement

Income Statement

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Restated)
Net Sales 509.56 455.91 117.71 103.72
Revenue 509.56 455.91 117.71 103.72
Total Revenue 509.56 455.91 117.71 103.72
Cost of Revenue 246.07 223.18 13.71 13.33
Cost of Revenue, Total 246.07 223.18 13.71 13.33
Gross Profit 263.49 232.74 104.00 90.39
Selling/General/Administrative Expense 145.57 124.43 81.30 60.06
Labor & Related Expense 9.90 12.32 8.11 7.92
Selling/General/Administrative Expenses, Total 155.47 136.76 89.42 67.99
Research & Development 19.61 17.78 5.11 3.76
Depreciation 3.46 3.88 1.52 1.30
Amortization of Intangibles, Operating 33.81 33.33 12.76 12.74
Depreciation/Amortization 37.27 37.21 14.28 14.04
Interest Expense - Operating
Interest Expense, Net - Operating
Interest Income - Operating
Investment Income - Operating
Interest/Investment Income - Operating
Interest Expense (Income), Net-Operating, Total
Restructuring Charge 3.10 3.87
Litigation
Impairment-Assets Held for Sale -- --
Loss (Gain) on Sale of Assets - Operating
Other Unusual Expense (Income) 20.33 0.86 -0.73 -0.29
Unusual Expense (Income) 23.43 4.73 -0.73 -0.29
Other Operating Expense
Other Operating Expenses, Total
Total Operating Expense 481.85 419.66 121.79 98.83
Operating Income 27.71 36.25 -4.08 4.89
Interest Expense - Non-Operating -24.25 -38.95 -14.04 -14.13
Interest Expense, Net Non-Operating -24.25 -38.95 -14.04 -14.13
Interest Income, Non-Operating 0.11 0.08 0.61 0.36
Investment Income, Non-Operating --
Interest/Investment Income, Non-Operating 0.11 0.08 0.61 0.36
Interest Income (Expense), Net-Non-Operating, Total -24.14 -38.87 -13.43 -13.77
Gain (Loss) on Sale of Assets
Other Non-Operating Income (Expense) -0.09 -0.04 0.16 -0.00
Other, Net -0.09 -0.04 0.16 -0.00
Net Income Before Taxes 3.49 -2.66 -17.35 -8.89
Income Tax – Total -4.49 -1.29 -4.62 -3.34
Income After Tax 7.98 -1.38 -12.73 -5.54
Minority Interest -2.34 -0.66
Net Income Before Extraordinary Items 5.64 -2.04 -12.73 -5.54
Discontinued Operations -- -63.12 -27.35 -30.00
Extraordinary Item 21.40
Total Extraordinary Items 21.40 -63.12 -27.35 -30.00
Net Income 27.04 -65.16 -40.07 -35.55
Income Available to Common Excluding Extraordinary Items 5.64 -2.04 -12.73 -5.54
Income Available to Common Stocks Including Extraordinary Items 27.04 -65.16 -40.07 -35.55
Basic Weighted Average Shares 44.37 41.49 40.96 41.40
Basic EPS Excluding Extraordinary Items 0.13 -0.05 -0.31 -0.13
Basic EPS Including Extraordinary Items 0.61 -1.57 -0.98 -0.86
Dilution Adjustment
Diluted Net Income 27.04 -65.16 -40.07 -35.55
Diluted Weighted Average Shares 47.21 41.49 40.96 41.40
Diluted EPS Excluding Extraordinary Items 0.12 -0.05 -0.31 -0.13
Diluted EPS Including Extraordinary Items 0.57 -1.57 -0.98 -0.86
DPS - Common Stock Primary Issue --
Gross Dividends - Common Stock -- -- -- --
Stock-Based Compensation, Supplemental 11.65 14.13 8.69 8.69
Interest Expense, Supplemental 24.25 38.95 14.04 14.13
Depreciation, Supplemental 4.14 4.55 2.29 1.97
Total Special Items 23.43 4.73 -0.73 -0.29
Normalized Income Before Taxes 26.92 2.07 -18.08 -9.17
Effect of Special Items on Income Taxes 8.20 1.66 -0.26 -0.10
Income Taxes Excluding Impact of Special Items 3.71 0.37 -4.88 -3.44
Normalized Income After Taxes 23.21 1.70 -13.20 -5.73
Normalized Income Available to Common 20.87 1.04 -13.20 -5.73
Basic Normalized EPS 0.47 0.03 -0.32 -0.14
Diluted Normalized EPS 0.44 0.03 -0.32 -0.14
Amortization of Intangibles, Supplemental 34.00 34.14 20.30 20.19
Rental Expense, Supplemental 2.38 3.45 1.20 1.20
Advertising Expense, Supplemental 51.70 44.00 35.50 33.40
Minority Interest, Supplemental -2.34 -0.66
Research & Development Expense, Supplemental 19.61 17.78 5.11 3.76
Audit-Related Fees, Supplemental 1.58 1.53
Audit-Related Fees --
Tax Fees, Supplemental 0.01 0.02
All Other Fees Paid to Auditor, Supplemental 0.00 0.12
Gross Margin 51.71 51.05 88.35 87.15
Operating Margin 5.44 7.95 -3.46 4.71
Pretax Margin 0.68 -0.58 -14.74 -8.57
Effective Tax Rate -128.80
Net Profit Margin 1.11 -0.45 -10.81 -5.35
Normalized EBIT 51.14 40.99 -4.81 4.60
Normalized EBITDA 89.28 79.68 17.78 26.77
Current Tax - Domestic 0.12 14.70 7.47 6.31
Current Tax - Foreign 0.12 0.03
Current Tax - Local 0.96 2.05 0.51 0.21
Current Tax - Total 1.21 16.77 7.98 6.52
Deferred Tax - Domestic -4.61 -16.61 -12.00 -9.80
Deferred Tax - Foreign -0.06 -0.03 -0.07 --
Deferred Tax - Local -1.02 -1.42 -0.54 -0.06
Deferred Tax - Total -5.70 -18.06 -12.61 -9.86
Income Tax - Total -4.49 -1.29 -4.62 -3.34
Defined Contribution Expense - Domestic 1.60 1.40 0.60 0.30
Total Pension Expense 1.60 1.40 0.60 0.30