Income Statement

Income Statement

  Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Restated) Year Ending Dec 2013 (Update)
Net Sales 455.91 117.71 103.72 573.98
Revenue 455.91 117.71 103.72 573.98
Total Revenue 455.91 117.71 103.72 573.98
Cost of Revenue 223.18 13.71 13.33 340.46
Cost of Revenue, Total 223.18 13.71 13.33 340.46
Gross Profit 232.74 104.00 90.39 233.52
Selling/General/Administrative Expense 124.43 81.30 60.06 119.02
Labor & Related Expense 12.32 8.11 7.92 9.51
Selling/General/Administrative Expenses, Total 136.76 89.42 67.99 128.53
Research & Development 17.78 5.11 3.76 11.68
Depreciation 3.88 1.52 1.30 2.74
Amortization of Intangibles, Operating 33.33 12.76 12.74 16.12
Depreciation/Amortization 37.21 14.28 14.04 18.86
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 3.87
Litigation
Impairment-Assets Held for Sale -- -- 3.71
Loss (Gain) on Sale of Assets - Operating
Other Unusual Expense (Income) 0.86 -0.73 -0.29 1.59
Unusual Expense (Income) 4.73 -0.73 -0.29 5.30
Other Operating Expense
Other Operating Expenses, Total
Total Operating Expense 419.66 121.79 98.83 504.84
Operating Income 36.25 -4.08 4.89 69.15
Interest Expense - Non-Operating -38.95 -14.04 -14.13 -13.41
Interest Expense, Net Non-Operating -38.95 -14.04 -14.13 -13.41
Interest Income, Non-Operating 0.08 0.61 0.36 0.30
Investment Income, Non-Operating -- -11.35
Interest/Investment Income, Non-Operating 0.08 0.61 0.36 -11.05
Interest Income (Expense), Net-Non-Operating, Total -38.87 -13.43 -13.77 -24.46
Gain (Loss) on Sale of Assets
Other Non-Operating Income (Expense) -0.04 0.16 -0.00 0.14
Other, Net -0.04 0.16 -0.00 0.14
Net Income Before Taxes -2.66 -17.35 -8.89 44.83
Income Tax – Total -1.29 -4.62 -3.34 20.43
Income After Tax -1.38 -12.73 -5.54 24.40
Minority Interest -0.66
Net Income Before Extraordinary Items -2.04 -12.73 -5.54 24.40
Discontinued Operations -63.12 -27.35 -30.00 --
Total Extraordinary Items -63.12 -27.35 -30.00 --
Net Income -65.16 -40.07 -35.55 24.40
Income Available to Common Excluding Extraordinary Items -2.04 -12.73 -5.54 24.40
Income Available to Common Stocks Including Extraordinary Items -65.16 -40.07 -35.55 24.40
Basic Weighted Average Shares 41.49 40.96 41.40 41.20
Basic EPS Excluding Extraordinary Items -0.05 -0.31 -0.13 0.59
Basic EPS Including Extraordinary Items -1.57 -0.98 -0.86 0.59
Dilution Adjustment
Diluted Net Income -65.16 -40.07 -35.55 24.40
Diluted Weighted Average Shares 41.49 40.96 41.40 43.48
Diluted EPS Excluding Extraordinary Items -0.05 -0.31 -0.13 0.56
Diluted EPS Including Extraordinary Items -1.57 -0.98 -0.86 0.56
DPS - Common Stock Primary Issue -- --
Gross Dividends - Common Stock -- -- -- --
Stock-Based Compensation, Supplemental 14.13 8.69 8.69 11.53
Interest Expense, Supplemental 38.95 14.04 14.13 13.41
Depreciation, Supplemental 4.55 2.29 1.97 4.48
Total Special Items 4.73 -0.73 -0.29 5.30
Normalized Income Before Taxes 2.07 -18.08 -9.17 50.13
Effect of Special Items on Income Taxes 1.66 -0.26 -0.10 2.42
Income Taxes Excluding Impact of Special Items 0.37 -4.88 -3.44 22.84
Normalized Income After Taxes 1.70 -13.20 -5.73 27.29
Normalized Income Available to Common 1.04 -13.20 -5.73 27.29
Basic Normalized EPS 0.03 -0.32 -0.14 0.66
Diluted Normalized EPS 0.03 -0.32 -0.14 0.63
Amortization of Intangibles, Supplemental 34.14 20.30 20.19 23.79
Rental Expense, Supplemental 3.45 1.20 1.20 2.00
Advertising Expense, Supplemental 44.00 35.50 33.40 75.90
Minority Interest, Supplemental -0.66
Research & Development Expense, Supplemental 17.78 5.11 3.76 11.68
Audit-Related Fees, Supplemental 1.58 1.53 0.85
Audit-Related Fees -- 0.02
Tax Fees, Supplemental 0.01 0.02 0.01
All Other Fees Paid to Auditor, Supplemental 0.00 0.12 0.00
Gross Margin 51.05 88.35 87.15 40.68
Operating Margin 7.95 -3.46 4.71 12.05
Pretax Margin -0.58 -14.74 -8.57 7.81
Effective Tax Rate 45.57
Net Profit Margin -0.45 -10.81 -5.35 4.25
Normalized EBIT 40.99 -4.81 4.60 74.45
Normalized EBITDA 79.68 17.78 26.77 102.71
Current Tax - Domestic 14.70 7.47 6.31 30.45
Current Tax - Foreign 0.03
Current Tax - Local 2.05 0.51 0.21 0.64
Current Tax - Total 16.77 7.98 6.52 31.09
Deferred Tax - Domestic -16.61 -12.00 -9.80 -10.43
Deferred Tax - Foreign -0.03 -0.07 --
Deferred Tax - Local -1.42 -0.54 -0.06 -0.24
Deferred Tax - Total -18.06 -12.61 -9.86 -10.67
Income Tax - Total -1.29 -4.62 -3.34 20.43
Defined Contribution Expense - Domestic 1.40 0.60 0.30 0.60
Total Pension Expense 1.40 0.60 0.30 0.60