Income Statement

Income Statement

  Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update)
Net Sales 717.95 560.46 509.56 455.91
Revenue 717.95 560.46 509.56 455.91
Total Revenue 717.95 560.46 509.56 455.91
Cost of Revenue 362.77 263.72 246.07 223.18
Cost of Revenue, Total 362.77 263.72 246.07 223.18
Gross Profit 355.17 296.74 263.49 232.74
Selling/General/Administrative Expense 138.73 107.17 93.87 80.43
Labor & Related Expense 11.50 11.02 9.90 12.32
Advertising Expense 54.50 53.30 51.70 44.00
Selling/General/Administrative Expenses, Total 204.73 171.49 155.47 136.76
Research & Development 30.93 19.33 19.61 17.78
Depreciation 5.48 4.47 3.46 3.88
Amortization of Intangibles, Operating 37.36 33.49 33.81 33.33
Depreciation/Amortization 42.84 37.96 37.27 37.21
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 0.00 0.29 3.10 3.87
Litigation -- -- -- --
Impairment-Assets Held for Use 50.90 -- -- --
Impairment-Assets Held for Sale -- -- -- --
Loss (Gain) on Sale of Assets - Operating -- -- -- --
Other Unusual Expense (Income) 22.51 1.00 20.33 0.86
Unusual Expense (Income) 73.41 1.29 23.43 4.73
Total Operating Expense 714.68 493.78 481.85 419.66
Operating Income 3.27 66.68 27.71 36.25
Interest Expense - Non-Operating -20.06 -15.61 -21.21 -32.42
Interest Expense, Net Non-Operating -20.06 -15.61 -21.21 -32.42
Interest Income, Non-Operating 0.45 0.35 0.11 0.08
Investment Income, Non-Operating -- 2.10 -- --
Interest/Investment Income, Non-Operating 0.45 2.45 0.11 0.08
Interest Income (Expense), Net-Non-Operating, Total -19.61 -13.16 -21.10 -32.34
Other Non-Operating Income (Expense) -0.56 -1.64 -3.12 -6.57
Other, Net -0.56 -1.64 -3.12 -6.57
Net Income Before Taxes -16.91 51.88 3.49 -2.66
Income Tax – Total -65.05 0.31 -4.49 -1.29
Income After Tax 48.15 51.57 7.98 -1.38
Minority Interest 0.00 -0.94 -2.34 -0.66
Net Income Before Extraordinary Items 48.15 50.63 5.64 -2.04
Discontinued Operations 0.00 0.00 0.00 -63.12
Extraordinary Item -- 0.00 21.40 --
Total Extraordinary Items 0.00 0.00 21.40 -63.12
Net Income 48.15 50.63 27.04 -65.16
Income Available to Common Excluding Extraordinary Items 48.15 50.63 5.64 -2.04
Income Available to Common Stocks Including Extraordinary Items 48.15 50.63 27.04 -65.16
Basic Weighted Average Shares 48.26 47.39 44.37 41.49
Basic EPS Excluding Extraordinary Items 1.00 1.07 0.13 -0.05
Basic EPS Including Extraordinary Items 1.00 1.07 0.61 -1.57
Diluted Net Income 48.15 50.63 27.04 -65.16
Diluted Weighted Average Shares 49.28 49.38 47.21 41.49
Diluted EPS Excluding Extraordinary Items 0.98 1.03 0.12 -0.05
Diluted EPS Including Extraordinary Items 0.98 1.03 0.57 -1.57
DPS - Common Stock Primary Issue -- -- -- --
Gross Dividends - Common Stock 0.00 -- 0.00 0.00
Total Special Items 73.41 1.29 23.43 4.73
Normalized Income Before Taxes 56.50 53.17 26.92 2.07
Effect of Special Items on Income Taxes 25.69 0.01 8.20 1.66
Income Taxes Excluding Impact of Special Items -39.36 0.32 3.71 0.37
Normalized Income After Taxes 95.86 52.85 23.21 1.70
Normalized Income Available to Common 95.86 51.91 20.87 1.04
Basic Normalized EPS 1.99 1.10 0.47 0.03
Diluted Normalized EPS 1.95 1.05 0.44 0.03
Amortization of Intangibles, Supplemental 37.36 33.59 34.00 34.14
Depreciation, Supplemental 6.85 5.00 4.14 4.55
Interest Expense, Supplemental 20.06 15.61 21.21 32.42
Rental Expense, Supplemental 6.50 1.57 2.38 3.45
Stock-Based Compensation, Supplemental 16.30 13.25 11.65 14.13
Advertising Expense, Supplemental 54.50 53.30 51.70 44.00
Minority Interest, Supplemental 0.00 -0.94 -2.34 -0.66
Research & Development Expense, Supplemental 30.93 19.33 19.61 17.78
Audit-Related Fees, Supplemental 2.76 1.94 1.48 1.58
Audit-Related Fees 0.00 0.00 -- --
Tax Fees, Supplemental 0.02 0.00 0.00 0.01
All Other Fees Paid to Auditor, Supplemental 0.01 0.00 0.00 0.00
Gross Margin 49.47 52.95 51.71 51.05
Operating Margin 0.45 11.90 5.44 7.95
Pretax Margin -2.35 9.26 0.68 -0.58
Effective Tax Rate -- 0.60 -128.80 --
Net Profit Margin 6.71 9.03 1.11 -0.45
Normalized EBIT 76.67 67.97 51.14 40.99
Normalized EBITDA 120.88 106.56 89.28 79.68
Current Tax - Domestic -0.73 -0.04 0.12 14.70
Current Tax - Foreign 0.33 0.16 0.12 0.03
Current Tax - Local 2.90 3.23 0.96 2.05
Current Tax - Total 2.50 3.35 1.21 16.77
Deferred Tax - Domestic -62.58 -3.04 -4.61 -16.61
Deferred Tax - Foreign -0.01 -0.04 -0.06 -0.03
Deferred Tax - Local -4.97 0.04 -1.02 -1.42
Deferred Tax - Total -67.56 -3.03 -5.70 -18.06
Income Tax - Total -65.05 0.31 -4.49 -1.29
Defined Contribution Expense - Domestic 2.40 1.90 1.60 1.40
Total Pension Expense 2.40 1.90 1.60 1.40