Fundamentals - Annual Income Statement

Annual Income Statement

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update) Year Ending Dec 2013 (Update)
Net Sales 1.25M 1.02M 854.64 817.65 717.46
Revenue 1.25M 1.02M 854.64 817.65 717.46
Total Revenue 1.25M 1.02M 854.64 817.65 717.46
Cost of Revenue 578.04 492.70 396.23 352.83 288.15
Cost of Revenue, Total 578.04 492.70 396.23 352.83 288.15
Gross Profit 672.51 525.76 458.40 464.82 429.31
Selling/General/Administrative Expense 79.91 97.82 83.33 67.38 56.08
Labor & Related Expense
Advertising Expense 14.86 12.89 11.81 11.18
Selling/General/Administrative Expenses, Total 79.91 112.68 96.22 79.19 67.25
Depreciation 203.72 141.65 83.08 70.38 58.21
Depreciation/Amortization 203.72 141.65 83.08 70.38 58.21
Interest Expense - Operating 24.48 12.39 5.63 6.44 4.29
Interest Expense, Net - Operating 24.48 12.39 5.63 6.44 4.29
Interest Expense (Income), Net-Operating, Total 24.48 12.39 5.63 6.44 4.29
Restructuring Charge 7.14 7.49 9.01
Impairment-Assets Held for Use 44.17
Other Unusual Expense (Income) -20.96 -- -1.22 -27.49
Unusual Expense (Income) 30.35 7.49 7.80 -27.49
Other, Net 94.77 56.43 36.89 30.06 22.83
Other Operating Expenses, Total 94.77 56.43 36.89 30.06 22.83
Total Operating Expense 1.01M 823.33 625.84 511.41 440.72
Operating Income 239.27 195.13 228.79 306.24 276.74
Interest Expense - Non-Operating -107.07 -113.42 -46.19 -36.04 -29.42
Interest Expense, Net Non-Operating -107.07 -113.42 -46.19 -36.04 -29.42
Investment Income, Non-Operating 31.23 5.95 0.16 32.77 -8.89
Interest/Investment Income, Non-Operating 31.23 5.95 0.16 32.77 -8.89
Interest Income (Expense), Net-Non-Operating, Total -75.83 -107.46 -46.03 -3.27 -38.31
Other Non-Operating Income (Expense) 15.26 -0.56 2.15 -1.33 -0.03
Other, Net 15.26 -0.56 2.15 -1.33 -0.03
Net Income Before Taxes 178.70 87.10 184.91 301.64 238.40
Income Tax – Total 132.85 29.63 75.30 101.62 90.10
Income After Tax 45.84 57.48 109.61 200.02 148.30
Minority Interest 1.10 3.16 -7.71 2.19 0.91
Net Income Before Extraordinary Items 46.94 60.64 101.90 202.21 149.21
Extraordinary Item 113.33
Total Extraordinary Items 113.33
Net Income 160.27 60.64 101.90 202.21 149.21
Income Available to Common Excluding Extraordinary Items 46.94 60.64 101.90 202.21 149.21
Income Available to Common Stocks Including Extraordinary Items 160.27 60.64 101.90 202.21 149.21
Basic Weighted Average Shares 42.98 40.81 38.77 38.89 38.95
Basic EPS Excluding Extraordinary Items 1.09 1.49 2.63 5.20 3.83
Basic EPS Including Extraordinary Items 3.73 1.49 2.63 5.20 3.83
Dilution Adjustment
Diluted Net Income 160.27 60.64 101.90 202.21 149.21
Diluted Weighted Average Shares 43.11 40.91 38.84 39.00 39.10
Diluted EPS Excluding Extraordinary Items 1.09 1.48 2.62 5.18 3.82
Diluted EPS Including Extraordinary Items 3.72 1.48 2.62 5.18 3.82
DPS - Common Stock Primary Issue -- -- --
Gross Dividends - Common Stock -- -- -- -- --
Impairment-Assets Held for Sale, Supplemental
Impairment-Assets Held for Use, Supplemental
Non-Recurring Items, Total
Total Special Items 30.35 7.49 7.80 -27.49
Normalized Income Before Taxes 209.05 94.59 192.70 274.15 238.40
Effect of Special Items on Income Taxes 10.62 2.55 3.17 -9.26
Income Taxes Excluding Impact of Special Items 143.48 32.17 78.47 92.36 90.10
Normalized Income After Taxes 65.57 62.42 114.23 181.79 148.30
Normalized Income Available to Common 66.67 65.58 106.52 183.98 149.21
Basic Normalized EPS 1.55 1.61 2.75 4.73 3.83
Diluted Normalized EPS 1.55 1.60 2.74 4.72 3.82
Amortization of Intangibles, Supplemental
Depreciation, Supplemental 203.72 141.65 86.17 73.02 60.56
Interest Expense, Supplemental 131.55 125.80 51.82 42.48 33.71
Rental Expense, Supplemental 15.47 15.10 11.31 8.84 7.26
Stock-Based Compensation, Supplemental 30.49 19.74 12.42
Advertising Expense, Supplemental 17.14 14.86 12.89 11.81 11.18
Minority Interest, Supplemental 1.10 3.16 -7.71 2.19 0.91
Audit-Related Fees, Supplemental 6.11 5.00 3.39 2.70 2.25
Audit-Related Fees 0.28 0.25 0.30 0.27 0.26
Tax Fees, Supplemental 0.03 0.04 0.06 0.83 0.10
All Other Fees Paid to Auditor, Supplemental -- 0.03 0.30
Gross Margin 53.78 51.62 53.64 56.85 59.84
Operating Margin 19.13 19.16 26.77 37.45 38.57
Pretax Margin 14.29 8.55 21.64 36.89 33.23
Effective Tax Rate 74.35 34.01 40.72 33.69 37.79
Net Profit Margin 3.75 5.95 11.92 24.73 20.80
Normalized EBIT 294.10 215.00 242.22 285.19 281.03
Normalized EBITDA 497.83 356.65 328.39 358.21 341.59
Current Tax - Domestic 2.25 -1.23 22.57 43.57 52.12
Current Tax - Foreign 14.47 8.33 9.17 8.01 5.26
Current Tax - Local 3.69 3.03 4.29 3.33 5.18
Current Tax - Total 20.41 10.13 36.03 54.90 62.55
Deferred Tax - Domestic 102.09 21.57 37.55 51.58 31.02
Deferred Tax - Foreign -2.93 3.04 -3.92 -8.84 -5.03
Deferred Tax - Local 13.28 -5.11 5.63 3.98 1.56
Deferred Tax - Total 112.44 19.50 39.27 46.72 27.55
Income Tax - Total 132.85 29.63 75.30 101.62 90.10
Defined Contribution Expense - Domestic 6.71 5.30 4.57 3.50 2.99
Total Pension Expense 6.71 5.30 4.57 3.50 2.99