Income Statement

  Quarter Ending Jun 2020 (Update) Quarter Ending Mar 2020 (Update) Quarter Ending Dec 2019 (Update)
Net Sales 297.00 442.28 311.94
Revenue 297.00 442.28 311.94
Total Revenue 297.00 442.28 311.94
Cost of Revenue 174.94 246.60 181.79
Cost of Revenue, Total 174.94 246.60 181.79
Gross Profit 122.06 195.67 130.15
Selling/General/Administrative Expense 115.22 141.75 140.38
Selling/General/Administrative Expenses, Total 115.22 141.75 140.38
Research & Development 10.02 13.24 12.42
Restructuring Charge -- -- --
Impairment-Assets Held for Use 174.27 -- --
Loss (Gain) on Sale of Assets - Operating -- -- --
Other Unusual Expense (Income) 0.00 0.00 0.00
Unusual Expense (Income) 174.27 0.00 0.00
Total Operating Expense 474.45 401.60 334.60
Operating Income -177.45 40.68 -22.66
Interest Expense - Non-Operating -12.28 -9.21 -9.10
Interest Expense, Net Non-Operating -12.28 -9.21 -9.10
Interest Income, Non-Operating 0.12 0.10 0.05
Investment Income, Non-Operating -- 5.86 1.47
Interest/Investment Income, Non-Operating 0.12 5.96 1.52
Interest Income (Expense), Net-Non-Operating, Total -12.16 -3.26 -7.58
Other Non-Operating Income (Expense) 14.00 0.62 -1.34
Other, Net 14.00 0.62 -1.34
Net Income Before Taxes -175.62 38.05 -31.57
Income Tax – Total -7.93 9.15 -2.35
Income After Tax -167.68 28.89 -29.22
Minority Interest 0.00 0.00 0.00
Net Income Before Extraordinary Items -167.68 28.89 -29.22
Extraordinary Item -- -- --
Total Extraordinary Items -- -- --
Net Income -167.68 28.89 -29.22
Preferred Dividends -- -- --
Total Adjustments to Net Income -- -- --
Income Available to Common Excluding Extraordinary Items -167.68 28.89 -29.22
Income Available to Common Stocks Including Extraordinary Items -167.68 28.89 -29.22
Basic Weighted Average Shares 94.14 94.31 94.15
Basic EPS Excluding Extraordinary Items -1.78 0.31 -0.31
Basic EPS Including Extraordinary Items -1.78 0.31 -0.31
Dilution Adjustment -- -- --
Diluted Net Income -167.68 28.89 -29.22
Diluted Weighted Average Shares 94.14 95.68 94.15
Diluted EPS Excluding Extraordinary Items -1.78 0.30 -0.31
Diluted EPS Including Extraordinary Items -1.78 0.30 -0.31
DPS - Common Stock Primary Issue 0.01 0.01 0.01
Dividend per Share – Common Stock Issue 2 -- -- --
Gross Dividends - Common Stock 0.94 0.95 0.94
Restructuring Charge, Supplemental -- -- --
Other Unusual Expense (Income), Supplemental -- -- --
Non-Recurring Items, Total -- -- --
Total Special Items 174.27 0.00 0.00
Normalized Income Before Taxes -1.35 38.05 -31.57
Effect of Special Items on Income Taxes 60.99 0.00 0.00
Income Taxes Excluding Impact of Special Items 53.06 9.15 -2.35
Normalized Income After Taxes -54.41 28.89 -29.22
Normalized Income Available to Common -54.41 28.89 -29.22
Basic Normalized EPS -0.58 0.31 -0.31
Diluted Normalized EPS -0.58 0.30 -0.31
Amortization of Intangibles, Supplemental 1.21 1.18 --
Depreciation, Supplemental 8.15 7.82 9.48
Interest Expense, Supplemental 12.28 9.21 9.10
Rental Expense, Supplemental 10.28 12.32 11.18
Stock-Based Compensation, Supplemental 2.69 1.86 3.42
Minority Interest, Supplemental 0.00 0.00 0.00
Research & Development Expense, Supplemental 10.02 13.24 12.42
Gross Margin 41.10 44.24 41.72
Operating Margin -59.75 9.20 -7.26
Pretax Margin -59.13 8.60 -10.12
Effective Tax Rate -- 24.05 --
Net Profit Margin -56.46 6.53 -9.37
Normalized EBIT -3.18 40.68 -22.66
Normalized EBITDA 6.18 49.68 -13.18

In millions of USD (except for per share items)