Fundamentals - Annual Income Statement

Fundamentals - Annual Income Statement

  Year Ending Dec 2021 (Update) Year Ending Dec 2020 (Update) Year Ending Dec 2019 (Reclassified) Year Ending Dec 2018 (Reclassified) Year Ending Dec 2017 (Reclassified)
Net Sales 1,678.60 1,669.10 1,637.00 1,562.70 1,475.50
Revenue 1,678.60 1,669.10 1,637.00 1,562.70 1,475.50
Total Revenue 1,678.60 1,669.10 1,637.00 1,562.70 1,475.50
Cost of Revenue 1,344.50 1,308.70 1,306.30 1,260.90 1,153.40
Cost of Revenue, Total 1,344.50 1,308.70 1,306.30 1,260.90 1,153.40
Gross Profit 334.10 360.40 330.70 301.80 322.10
Selling/General/Administrative Expense 135.90 131.80 136.20 145.70 121.90
Labor & Related Expense 13.00 11.30 12.10 12.50 10.60
Selling/General/Administrative Expenses, Total 148.90 143.10 148.30 158.20 132.50
Depreciation 57.70 54.10 51.40 46.90 49.80
Depreciation/Amortization 57.70 54.10 51.40 46.90 49.80
Impairment-Assets Held for Use 2.20 6.50 6.00 4.00 16.20
Loss (Gain) on Sale of Assets - Operating -31.20 0.00 0.00 8.30 0.00
Other Unusual Expense (Income) -- -- -- -- 23.30
Unusual Expense (Income) -29.00 6.50 6.00 12.30 39.50
Total Operating Expense 1,522.10 1,512.40 1,512.00 1,478.30 1,375.20
Operating Income 156.50 156.70 125.00 84.40 100.30
Interest Expense - Non-Operating -40.50 -48.90 -61.70 -54.10 -42.50
Interest Expense, Net Non-Operating -40.50 -48.90 -61.70 -54.10 -42.50
Interest Income (Expense), Net-Non-Operating, Total -40.50 -48.90 -61.70 -54.10 -42.50
Other Non-Operating Income (Expense) 3.60 2.30 0.40 0.90 2.50
Other, Net 3.60 2.30 0.40 0.90 2.50
Net Income Before Taxes 119.60 110.10 63.70 31.20 60.30
Income Tax – Total 34.50 21.00 0.00 25.70 8.50
Income After Tax 85.10 89.10 63.70 5.50 51.80
Minority Interest 0.30 1.00 -0.80 -5.80 -1.40
Net Income Before Extraordinary Items 85.40 90.10 62.90 -0.30 50.40
Discontinued Operations -0.30 39.30 5.10 24.40 -1.00
Extraordinary Item -- -- -- -- -20.50
Tax on Extraordinary Items 0.10 -7.40 -1.40 -0.70 0.20
Total Extraordinary Items -0.20 31.90 3.70 23.70 -21.30
Net Income 85.20 122.00 66.60 23.40 29.10
Income Available to Common Excluding Extraordinary Items 85.40 90.10 62.90 -0.30 50.40
Income Available to Common Stocks Including Extraordinary Items 85.20 122.00 66.60 23.40 29.10
Basic Weighted Average Shares 21.24 20.99 20.67 20.87 20.75
Basic EPS Excluding Extraordinary Items 4.02 4.29 3.04 -0.01 2.43
Basic EPS Including Extraordinary Items 4.01 5.81 3.22 1.12 1.40
Dilution Adjustment -- -- -- -- --
Diluted Net Income 85.20 122.00 66.60 23.40 29.10
Diluted Weighted Average Shares 21.93 21.37 21.07 20.87 22.00
Diluted EPS Excluding Extraordinary Items 3.90 4.22 2.99 -0.01 2.29
Diluted EPS Including Extraordinary Items 3.89 5.71 3.16 1.12 1.32
DPS - Common Stock Primary Issue -- -- -- -- --
Gross Dividends - Common Stock 0.00 0.00 0.00 0.00 0.00
Total Special Items -29.00 6.50 6.00 12.30 39.50
Normalized Income Before Taxes 90.60 116.60 69.70 43.50 99.80
Effect of Special Items on Income Taxes -8.37 1.24 0.00 4.31 5.57
Income Taxes Excluding Impact of Special Items 26.13 22.24 0.00 30.01 14.07
Normalized Income After Taxes 64.47 94.36 69.70 13.50 85.73
Normalized Income Available to Common 64.77 95.36 68.90 7.70 84.33
Basic Normalized EPS 3.05 4.54 3.33 0.37 4.06
Diluted Normalized EPS 2.95 4.46 3.27 0.37 3.83
Amortization of Intangibles, Supplemental 18.30 19.80 20.70 19.20 14.60
Depreciation, Supplemental 39.40 34.30 34.40 31.60 35.20
Interest Expense, Supplemental 40.50 48.90 61.70 54.10 42.50
Rental Expense, Supplemental 30.20 31.20 31.80 49.40 50.40
Stock-Based Compensation, Supplemental 13.00 11.30 12.10 12.50 10.60
Minority Interest, Supplemental 0.30 1.00 -0.80 -5.80 -1.40
Research & Development Expense, Supplemental -- -- -- -- --
Audit-Related Fees, Supplemental 3.02 2.47 -- 2.95 2.99
Audit-Related Fees 0.03 0.03 -- 0.03 0.04
Tax Fees, Supplemental 0.37 0.39 -- 0.74 1.14
All Other Fees Paid to Auditor, Supplemental -- -- -- 0.00 0.00
Gross Margin 19.90 21.59 20.20 19.31 21.83
Operating Margin 9.32 9.39 7.64 5.40 6.80
Pretax Margin 7.12 6.60 3.89 2.00 4.09
Effective Tax Rate 28.85 19.07 0.00 82.37 14.10
Net Profit Margin 5.09 5.40 3.84 -0.02 3.42
Normalized EBIT 127.50 163.20 131.00 96.70 139.80
Normalized EBITDA 185.20 217.30 186.10 147.50 189.60
Current Tax - Domestic -1.50 0.80 -3.50 -1.20 11.10
Current Tax - Foreign 18.20 11.10 14.40 17.90 15.70
Current Tax - Local 0.90 0.70 0.50 0.10 0.60
Current Tax - Total 17.60 12.60 11.40 16.80 27.40
Deferred Tax - Domestic 10.60 6.10 3.10 9.60 -17.90
Deferred Tax - Foreign 5.20 0.70 -14.90 -0.50 0.20
Deferred Tax - Local 1.10 1.60 0.40 -0.20 -1.20
Deferred Tax - Total 16.90 8.40 -11.40 8.90 -18.90
Income Tax - Total 34.50 21.00 0.00 25.70 8.50
Interest Cost - Domestic 5.20 6.40 7.80 7.50 9.00
Service Cost - Domestic 1.50 1.40 1.50 1.90 2.00
Prior Service Cost - Domestic 1.40 1.70 -- -- 0.00
Expected Return on Assets - Domestic -7.40 -7.90 -7.90 -8.50 -9.60
Actuarial Gains and Losses - Domestic -- 1.70 1.60 1.40 1.90
Curtailments & Settlements - Domestic 0.00 0.10 -- -- --
Transition Costs - Domestic -- -- -- -- --
Domestic Pension Plan Expense 0.70 3.40 3.00 2.30 3.30
Interest Cost - Post-Retirement 0.30 0.30 0.40 0.40 0.40
Service Cost - Post-Retirement 0.10 0.10 0.10 0.10 0.10
Prior Service Cost - Post-Retirement -- -- -- -- 0.00
Expected Return on Assets - Post-Retirement 0.00 0.00 0.00 0.00 0.00
Actuarial Gains and Losses - Post-Retirement 0.00 -0.20 -0.20 0.00 -0.20
Curtailments & Settlements - Post-Retirement 0.00 0.00 -- -- --
Transition Costs - Post-Retirement -- -- -- -- --
Post-Retirement Plan Expense 0.40 0.20 0.30 0.50 0.30
Defined Contribution Expense - Domestic 9.10 8.40 8.30 7.50 8.90
Total Pension Expense 10.20 12.00 11.60 10.30 12.50
Discount Rate - Domestic 2.67 2.29 3.05 4.03 3.51
Discount Rate - Post-Retirement 2.97 2.66 3.43 4.45 3.88
Expected Rate of Return - Domestic 3.91 3.67 4.30 4.83 4.62
Compensation Rate - Domestic 3.00 3.41 3.00 3.41 3.50
Total Plan Interest Cost 5.50 6.70 8.20 7.90 9.40
Total Plan Service Cost 1.60 1.50 1.60 2.00 2.10
Total Plan Expected Return -7.40 -7.90 -7.90 -8.50 -9.60