Income Statement

Income Statement

  Year Ending Dec 2020 (Update) Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update)
Net Sales 754.95 717.95 560.46 509.56
Revenue 754.95 717.95 560.46 509.56
Total Revenue 754.95 717.95 560.46 509.56
Cost of Revenue 398.29 362.77 263.72 246.07
Cost of Revenue, Total 398.29 362.77 263.72 246.07
Gross Profit 356.66 355.17 296.74 263.49
Selling/General/Administrative Expense 175.63 138.73 107.17 93.87
Labor & Related Expense 4.14 11.50 11.02 9.90
Advertising Expense 80.00 54.50 53.30 51.70
Selling/General/Administrative Expenses, Total 259.78 204.73 171.49 155.47
Research & Development 27.26 30.93 19.33 19.61
Depreciation 7.29 5.48 4.47 3.46
Amortization of Intangibles, Operating 29.75 37.36 33.49 33.81
Depreciation/Amortization 37.04 42.84 37.96 37.27
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 0.00 0.29 3.10
Litigation -- -- -- --
Impairment-Assets Held for Use 270.63 50.90 -- --
Impairment-Assets Held for Sale -- -- -- --
Loss (Gain) on Sale of Assets - Operating -- -- -- --
Other Unusual Expense (Income) 30.74 22.51 1.00 20.33
Unusual Expense (Income) 301.36 73.41 1.29 23.43
Total Operating Expense 1,023.72 714.68 493.78 481.85
Operating Income -268.77 3.27 66.68 27.71
Interest Expense - Non-Operating -29.63 -20.06 -15.61 -21.21
Interest Expense, Net Non-Operating -29.63 -20.06 -15.61 -21.21
Interest Income, Non-Operating 0.07 0.45 0.35 0.11
Investment Income, Non-Operating -- -- 2.10 --
Interest/Investment Income, Non-Operating 0.07 0.45 2.45 0.11
Interest Income (Expense), Net-Non-Operating, Total -29.56 -19.61 -13.16 -21.10
Other Non-Operating Income (Expense) -2.09 -0.56 -1.64 -3.12
Other, Net -2.09 -0.56 -1.64 -3.12
Net Income Before Taxes -300.42 -16.91 51.88 3.49
Income Tax – Total 42.33 -65.05 0.31 -4.49
Income After Tax -342.76 48.15 51.57 7.98
Minority Interest 0.00 0.00 -0.94 -2.34
Net Income Before Extraordinary Items -342.76 48.15 50.63 5.64
Discontinued Operations -- 0.00 0.00 0.00
Extraordinary Item -- -- 0.00 21.40
Total Extraordinary Items -- 0.00 0.00 21.40
Net Income -342.76 48.15 50.63 27.04
Income Available to Common Excluding Extraordinary Items -342.76 48.15 50.63 5.64
Income Available to Common Stocks Including Extraordinary Items -342.76 48.15 50.63 27.04
Basic Weighted Average Shares 47.98 48.26 47.39 44.37
Basic EPS Excluding Extraordinary Items -7.14 1.00 1.07 0.13
Basic EPS Including Extraordinary Items -7.14 1.00 1.07 0.61
Diluted Net Income -342.76 48.15 50.63 27.04
Diluted Weighted Average Shares 47.98 49.28 49.38 47.21
Diluted EPS Excluding Extraordinary Items -7.14 0.98 1.03 0.12
Diluted EPS Including Extraordinary Items -7.14 0.98 1.03 0.57
DPS - Common Stock Primary Issue -- -- -- --
Gross Dividends - Common Stock 0.00 0.00 -- 0.00
Other Unusual Expense (Income), Supplemental 12.56 -- -- --
Non-Recurring Items, Total 12.56 -- -- --
Total Special Items 313.93 73.41 1.29 23.43
Normalized Income Before Taxes 13.50 56.50 53.17 26.92
Effect of Special Items on Income Taxes 109.87 25.69 0.01 8.20
Income Taxes Excluding Impact of Special Items 152.20 -39.36 0.32 3.71
Normalized Income After Taxes -138.70 95.86 52.85 23.21
Normalized Income Available to Common -138.70 95.86 51.91 20.87
Basic Normalized EPS -2.89 1.99 1.10 0.47
Diluted Normalized EPS -2.89 1.95 1.05 0.44
Amortization of Intangibles, Supplemental 29.75 37.36 33.59 34.00
Depreciation, Supplemental 10.20 6.85 5.00 4.14
Interest Expense, Supplemental 29.63 20.06 15.61 21.21
Rental Expense, Supplemental 6.76 6.50 1.57 2.38
Stock-Based Compensation, Supplemental 10.07 16.30 13.25 11.65
Advertising Expense, Supplemental 80.00 54.50 53.30 51.70
Minority Interest, Supplemental 0.00 0.00 -0.94 -2.34
Research & Development Expense, Supplemental 27.26 30.93 19.33 19.61
Audit-Related Fees, Supplemental 2.83 2.76 1.94 1.48
Audit-Related Fees -- 0.00 0.00 --
Tax Fees, Supplemental -- 0.02 0.00 0.00
All Other Fees Paid to Auditor, Supplemental 0.01 0.01 0.00 0.00
Gross Margin 47.24 49.47 52.95 51.71
Operating Margin -35.60 0.45 11.90 5.44
Pretax Margin -39.79 -2.35 9.26 0.68
Effective Tax Rate -- -- 0.60 -128.80
Net Profit Margin -45.40 6.71 9.03 1.11
Normalized EBIT 45.15 76.67 67.97 51.14
Normalized EBITDA 85.10 120.88 106.56 89.28
Current Tax - Domestic 0.00 -0.73 -0.04 0.12
Current Tax - Foreign 0.00 0.33 0.16 0.12
Current Tax - Local 1.27 2.90 3.23 0.96
Current Tax - Total 1.27 2.50 3.35 1.21
Deferred Tax - Domestic 40.86 -62.58 -3.04 -4.61
Deferred Tax - Foreign 0.00 -0.01 -0.04 -0.06
Deferred Tax - Local 0.20 -4.97 0.04 -1.02
Deferred Tax - Total 41.06 -67.56 -3.03 -5.70
Income Tax - Total 42.33 -65.05 0.31 -4.49
Defined Contribution Expense - Domestic 2.80 2.40 1.90 1.60
Total Pension Expense 2.80 2.40 1.90 1.60