Investor Information

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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 448.98 461.70 357.58 337.67
Revenue 448.98 461.70 357.58 337.67
Total Revenue 448.98 461.70 357.58 337.67
Cost of Revenue 180.90 196.73 146.50 136.87
Cost of Revenue, Total 180.90 196.73 146.50 136.87
Gross Profit 268.09 264.97 211.07 200.80
Selling/General/Administrative Expense 211.85 219.55 171.77 161.87
Labor & Related Expense 4.72 5.06 3.97 3.95
Advertising Expense -- 1.30 -- --
Selling/General/Administrative Expenses, Total 216.57 225.91 175.74 165.82
Depreciation 9.88 8.57 7.96 6.65
Amortization of Intangibles, Operating 19.68 22.62 1.16 0.78
Depreciation/Amortization 29.56 31.19 9.12 7.43
Restructuring Charge -- -- 0.00 0.00
Impairment-Assets Held for Use 2.30 -- -- --
Other Unusual Expense (Income) 3.48 8.95 3.79 --
Unusual Expense (Income) 5.78 8.95 3.79 0.00
Total Operating Expense 432.81 462.77 335.15 310.12
Operating Income 16.18 -1.08 22.43 27.55
Interest Expense - Non-Operating -5.34 -8.05 -- --
Interest Expense, Net Non-Operating -5.34 -8.05 -- --
Investment Income, Non-Operating 2.47 0.05 0.43 -0.48
Interest/Investment Income, Non-Operating 2.47 0.05 0.43 -0.48
Interest Income (Expense), Net-Non-Operating, Total -2.87 -8.01 0.43 -0.48
Other Non-Operating Income (Expense) -0.37 -0.52 0.67 0.30
Other, Net -0.37 -0.52 0.67 0.30
Net Income Before Taxes 12.93 -9.60 23.53 27.37
Income Tax – Total 2.94 -0.03 7.75 10.63
Income After Tax 9.99 -9.57 15.78 16.74
Net Income Before Extraordinary Items 9.99 -9.57 15.78 16.74
Extraordinary Item -- -- -0.40 -1.60
Total Extraordinary Items -- -- -0.40 -1.60
Net Income 9.99 -9.57 15.38 15.14
Income Available to Common Excluding Extraordinary Items 9.99 -9.57 15.78 16.74
Income Available to Common Stocks Including Extraordinary Items 9.99 -9.57 15.38 15.14
Basic Weighted Average Shares 18.83 18.49 18.09 17.92
Basic EPS Excluding Extraordinary Items 0.53 -0.52 0.87 0.93
Basic EPS Including Extraordinary Items 0.53 -0.52 0.85 0.84
Dilution Adjustment 0.00 -- -- --
Diluted Net Income 9.99 -9.57 15.38 15.14
Diluted Weighted Average Shares 18.94 18.49 18.38 18.24
Diluted EPS Excluding Extraordinary Items 0.53 -0.52 0.86 0.92
Diluted EPS Including Extraordinary Items 0.53 -0.52 0.84 0.83
DPS - Common Stock Primary Issue -- -- 0.80 0.76
Gross Dividends - Common Stock 0.00 0.00 14.50 13.63
Total Special Items 5.78 8.95 3.79 0.00
Normalized Income Before Taxes 18.71 -0.65 27.31 27.37
Effect of Special Items on Income Taxes 1.32 3.13 1.25 0.00
Income Taxes Excluding Impact of Special Items 4.26 3.10 8.99 10.63
Normalized Income After Taxes 14.45 -3.75 18.32 16.74
Normalized Income Available to Common 14.45 -3.75 18.32 16.74
Basic Normalized EPS 0.77 -0.20 1.01 0.93
Diluted Normalized EPS 0.76 -0.20 1.00 0.92
Amortization of Intangibles, Supplemental 19.68 22.62 1.16 0.78
Depreciation, Supplemental 9.88 8.57 7.96 6.65
Interest Expense, Supplemental 5.34 8.05 -- --
Rental Expense, Supplemental 16.19 20.82 17.50 17.40
Stock-Based Compensation, Supplemental 10.88 11.68 8.30 8.49
Advertising Expense, Supplemental -- 1.30 -- --
Audit-Related Fees, Supplemental -- 1.71 1.32 1.11
Audit-Related Fees -- 0.12 0.27 0.05
Tax Fees, Supplemental -- 0.15 0.17 0.09
All Other Fees Paid to Auditor, Supplemental -- 0.04 0.00 0.00
Gross Margin 59.71 57.39 59.03 59.47
Operating Margin 3.60 -0.23 6.27 8.16
Pretax Margin 2.88 -2.08 6.58 8.11
Effective Tax Rate 22.76 -- 32.92 38.84
Net Profit Margin 2.23 -2.07 4.41 4.96
Normalized EBIT 21.95 7.87 26.21 27.55
Normalized EBITDA 51.52 39.06 35.33 34.98
Current Tax - Domestic 0.60 0.62 2.28 2.59
Current Tax - Foreign 1.96 2.40 1.76 2.16
Current Tax - Local 2.05 0.91 1.17 1.06
Current Tax - Total 4.62 3.93 5.21 5.81
Deferred Tax - Domestic 0.49 -1.45 1.71 3.95
Deferred Tax - Foreign -0.53 -0.50 0.15 0.18
Deferred Tax - Local -1.64 -2.01 0.67 0.70
Deferred Tax - Total -1.68 -3.96 2.53 4.83
Income Tax - Total 2.94 -0.03 7.75 10.63
Defined Contribution Expense - Domestic 7.60 7.30 5.00 5.20
Total Pension Expense 7.60 7.30 5.00 5.20

In millions of USD (except for per share items)

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