Income Statement

  Quarter Ending Mar 2020 (Update) Quarter Ending Dec 2019 (Update) Quarter Ending Sep 2019 (Update)
Net Sales 442.28 311.94 426.22
Revenue 442.28 311.94 426.22
Total Revenue 442.28 311.94 426.22
Cost of Revenue 246.60 181.79 234.83
Cost of Revenue, Total 246.60 181.79 234.83
Gross Profit 195.67 130.15 191.39
Selling/General/Administrative Expense 141.75 140.38 138.36
Selling/General/Administrative Expenses, Total 141.75 140.38 138.36
Research & Development 13.24 12.42 12.54
Restructuring Charge -- -- --
Impairment-Assets Held for Use -- -- --
Loss (Gain) on Sale of Assets - Operating -- -- --
Other Unusual Expense (Income) 0.00 0.00 0.00
Unusual Expense (Income) 0.00 0.00 0.00
Total Operating Expense 401.60 334.60 385.73
Operating Income 40.68 -22.66 40.49
Interest Expense - Non-Operating -9.21 -9.10 -9.64
Interest Expense, Net Non-Operating -9.21 -9.10 -9.64
Interest Income, Non-Operating 0.10 0.05 0.09
Investment Income, Non-Operating 5.86 1.47 4.04
Interest/Investment Income, Non-Operating 5.96 1.52 4.13
Interest Income (Expense), Net-Non-Operating, Total -3.26 -7.58 -5.51
Other Non-Operating Income (Expense) 0.62 -1.34 -1.80
Other, Net 0.62 -1.34 -1.80
Net Income Before Taxes 38.05 -31.57 33.18
Income Tax – Total 9.15 -2.35 2.13
Income After Tax 28.89 -29.22 31.05
Minority Interest 0.00 0.00 0.00
Net Income Before Extraordinary Items 28.89 -29.22 31.05
Extraordinary Item -- -- --
Total Extraordinary Items -- -- --
Net Income 28.89 -29.22 31.05
Preferred Dividends -- -- --
Total Adjustments to Net Income -- -- --
Income Available to Common Excluding Extraordinary Items 28.89 -29.22 31.05
Income Available to Common Stocks Including Extraordinary Items 28.89 -29.22 31.05
Basic Weighted Average Shares 94.31 94.15 94.10
Basic EPS Excluding Extraordinary Items 0.31 -0.31 0.33
Basic EPS Including Extraordinary Items 0.31 -0.31 0.33
Dilution Adjustment -- -- --
Diluted Net Income 28.89 -29.22 31.05
Diluted Weighted Average Shares 95.68 94.15 96.29
Diluted EPS Excluding Extraordinary Items 0.30 -0.31 0.32
Diluted EPS Including Extraordinary Items 0.30 -0.31 0.32
DPS - Common Stock Primary Issue 0.01 0.01 0.01
Dividend per Share – Common Stock Issue 2 -- -- --
Gross Dividends - Common Stock 0.95 0.94 0.94
Restructuring Charge, Supplemental -- -- --
Other Unusual Expense (Income), Supplemental -- -- --
Non-Recurring Items, Total -- -- --
Total Special Items 0.00 0.00 0.00
Normalized Income Before Taxes 38.05 -31.57 33.18
Effect of Special Items on Income Taxes 0.00 0.00 0.00
Income Taxes Excluding Impact of Special Items 9.15 -2.35 2.13
Normalized Income After Taxes 28.89 -29.22 31.05
Normalized Income Available to Common 28.89 -29.22 31.05
Basic Normalized EPS 0.31 -0.31 0.33
Diluted Normalized EPS 0.30 -0.31 0.32
Amortization of Intangibles, Supplemental 1.18 -- --
Depreciation, Supplemental 7.82 9.48 8.47
Interest Expense, Supplemental 9.21 9.10 9.64
Rental Expense, Supplemental 12.32 11.18 9.85
Stock-Based Compensation, Supplemental 1.86 3.42 2.51
Minority Interest, Supplemental 0.00 0.00 0.00
Research & Development Expense, Supplemental 13.24 12.42 12.54
Gross Margin 44.24 41.72 44.90
Operating Margin 9.20 -7.26 9.50
Pretax Margin 8.60 -10.12 7.78
Effective Tax Rate 24.05 -- 6.41
Net Profit Margin 6.53 -9.37 7.28
Normalized EBIT 40.68 -22.66 40.49
Normalized EBITDA 49.68 -13.18 48.96

In millions of USD (except for per share items)