Investor Relations

Advanced Fundamentals - Annual Income Statement

  Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update)
Net Sales 1,242.83 1,048.74 871.19 843.79 886.95
Revenue 1,242.83 1,048.74 871.19 843.79 886.95
Total Revenue 1,242.83 1,048.74 871.19 843.79 886.95
Cost of Revenue 664.47 568.29 486.18 486.16 529.02
Cost of Revenue, Total 664.47 568.29 486.18 486.16 529.02
Gross Profit 578.37 480.45 385.01 357.63 357.93
Selling/General/Administrative Expense 409.18 365.04 307.53 297.48 295.89
Selling/General/Administrative Expenses, Total 409.18 365.04 307.53 297.48 295.89
Research & Development 40.75 36.57 33.32 33.21 31.29
Restructuring Charge -- -- -- -- --
Impairment-Assets Held for Use -- -- -- -- --
Other Unusual Expense (Income) -- -- -- -- --
Unusual Expense (Income) -- -- -- -- --
Total Operating Expense 1,114.39 969.90 827.02 816.85 856.20
Operating Income 128.44 78.84 44.17 26.94 30.75
Interest Expense - Non-Operating -5.54 -4.37 -2.37 -8.73 -9.50
Interest Expense, Net Non-Operating -5.54 -4.37 -2.37 -8.73 -9.50
Interest Income, Non-Operating 0.59 0.45 0.62 0.39 0.44
Investment Income, Non-Operating 7.26 -6.88 14.97 1.27 6.15
Interest/Investment Income, Non-Operating 7.86 -6.43 15.59 1.65 6.59
Interest Income (Expense), Net-Non-Operating, Total 2.31 -10.79 13.22 -7.08 -2.91
Other Non-Operating Income (Expense) 0.52 0.01 1.00 0.20 -6.20
Other, Net 0.52 0.01 1.00 0.20 -6.20
Net Income Before Taxes 131.27 68.06 58.39 20.06 21.64
Income Tax – Total 26.02 18.85 -132.56 5.50 5.63
Income After Tax 105.25 49.20 190.95 14.57 16.01
Minority Interest -0.51 -0.86 -1.05 -- --
Net Income Before Extraordinary Items 104.74 48.34 189.90 14.57 16.01
Extraordinary Item -- -7.54 -- -- --
Total Extraordinary Items -- -7.54 -- -- --
Net Income 104.74 40.81 189.90 14.57 16.01
Preferred Dividends -- -- -- 0.00 0.00
Total Adjustments to Net Income -- -- -- 0.00 0.00
Income Available to Common Excluding Extraordinary Items 104.74 48.34 189.90 14.57 16.01
Income Available to Common Stocks Including Extraordinary Items 104.74 40.81 189.90 14.57 16.01
Basic Weighted Average Shares 94.58 94.33 94.05 83.12 77.56
Basic EPS Excluding Extraordinary Items 1.11 0.51 2.02 0.18 0.21
Basic EPS Including Extraordinary Items 1.11 0.43 2.02 0.18 0.21
Dilution Adjustment -- -- -- 0.00 0.00
Diluted Net Income 104.74 40.81 189.90 14.57 16.01
Diluted Weighted Average Shares 97.15 96.58 95.85 84.61 78.39
Diluted EPS Excluding Extraordinary Items 1.08 0.50 1.98 0.17 0.20
Diluted EPS Including Extraordinary Items 1.08 0.42 1.98 0.17 0.20
DPS - Common Stock Primary Issue 0.04 0.04 0.04 0.04 0.04
Gross Dividends - Common Stock 3.79 3.77 3.76 3.39 3.11
(Gain) Loss on Sale of Assets, Supplemental -- -- -- -- --
Restructuring Charge, Supplemental -- -- -- -- --
Other Unusual Expense (Income), Supplemental -- -- -- -- --
Non-Recurring Items, Total -- -- -- -- --
Total Special Items -- -- -- -- --
Normalized Income Before Taxes 131.27 68.06 58.39 20.06 21.64
Effect of Special Items on Income Taxes -- -- -- -- --
Income Taxes Excluding Impact of Special Items 26.02 18.85 -132.56 5.50 5.63
Normalized Income After Taxes 105.25 49.20 190.95 14.57 16.01
Normalized Income Available to Common 104.74 48.34 189.90 14.57 16.01
Basic Normalized EPS 1.11 0.51 2.02 0.18 0.21
Diluted Normalized EPS 1.08 0.50 1.98 0.17 0.20
Amortization of Intangibles, Supplemental 1.07 0.55 0.07 0.05 0.07
Depreciation, Supplemental 18.88 17.06 16.52 17.33 21.17
Interest Expense, Supplemental 5.54 4.37 2.37 8.73 9.50
Rental Expense, Supplemental 19.38 16.38 13.52 13.25 12.48
Stock-Based Compensation, Supplemental 0.98 0.91 0.70 0.75 0.24
Advertising Expense, Supplemental 72.16 62.90 59.00 57.39 55.50
Minority Interest, Supplemental -0.51 -0.86 -1.05 -- --
Research & Development Expense, Supplemental 40.75 36.57 33.32 33.21 31.29
Audit-Related Fees, Supplemental 2.15 2.01 1.54 1.49 1.54
Audit-Related Fees 0.87 0.28 0.22 0.00 0.01
Tax Fees, Supplemental 0.91 0.10 0.17 0.10 0.27
All Other Fees Paid to Auditor, Supplemental 0.00 0.00 -- 0.00 0.00
Gross Margin 46.54 45.81 44.19 42.38 40.35
Operating Margin 10.33 7.52 5.07 3.19 3.47
Pretax Margin 10.56 6.49 6.70 2.38 2.44
Effective Tax Rate 19.82 27.70 -227.02 27.39 26.02
Net Profit Margin 8.43 4.61 21.80 1.73 1.80
Normalized EBIT 128.44 78.84 44.17 26.94 30.75
Normalized EBITDA 148.39 96.44 60.75 44.32 51.98
Current Tax - Domestic 0.74 4.25 0.54 0.27 0.50
Current Tax - Foreign 6.58 6.14 7.29 4.39 4.93
Current Tax - Local 1.88 1.26 0.54 0.43 0.61
Current Tax - Total 9.19 11.64 8.37 5.10 6.04
Deferred Tax - Domestic 14.84 9.57 -129.41 -0.04 -1.55
Deferred Tax - Foreign 0.90 -1.24 -0.84 0.33 1.07
Deferred Tax - Local 1.09 -1.13 -10.69 0.11 0.07
Deferred Tax - Total 16.83 7.21 -140.93 0.40 -0.41
Income Tax - Total 26.02 18.85 -132.56 5.50 5.63
Defined Contribution Expense - Domestic 2.34 1.93 1.84 1.74 1.69
Total Pension Expense 2.34 1.93 1.84 1.74 1.69

In millions of USD (except for per share items)