Financial Statements

Financial Statements

  Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update)
Net Sales 389.78 434.38 422.28 363.65
Revenue 389.78 434.38 422.28 363.65
Total Revenue 389.78 434.38 422.28 363.65
Cost of Revenue 101.47 92.35 79.94 57.75
Cost of Revenue, Total 101.47 92.35 79.94 57.75
Gross Profit 288.31 342.04 342.34 305.91
Selling/General/Administrative Expense 56.22 49.35 47.84 41.71
Labor & Related Expense 79.32 72.97 65.55 59.56
Selling/General/Administrative Expenses, Total 135.53 122.32 113.39 101.27
Depreciation 0.99 0.93 0.78 0.64
Depreciation/Amortization 0.99 0.93 0.78 0.64
Other Unusual Expense (Income) -- -- -- --
Unusual Expense (Income) -- -- -- --
Other, Net 133.08 186.71 178.51 142.62
Other Operating Expenses, Total 133.08 186.71 178.51 142.62
Total Operating Expense 371.07 402.31 372.62 302.27
Operating Income 18.70 32.07 49.66 61.38
Net Income Before Taxes 18.70 32.07 49.66 61.38
Income Tax – Total 3.84 13.19 20.36 26.70
Income After Tax 14.86 18.88 29.30 34.68
Net Income Before Extraordinary Items 14.86 18.88 29.30 34.68
Extraordinary Item 0.00 -15.12 -- --
Total Extraordinary Items 0.00 -15.12 -- --
Net Income 14.86 3.77 29.30 34.68
Income Available to Common Excluding Extraordinary Items 14.86 18.88 29.30 34.68
Income Available to Common Stocks Including Extraordinary Items 14.86 3.77 29.30 34.68
Basic Weighted Average Shares 21.99 22.69 24.36 25.94
Basic EPS Excluding Extraordinary Items 0.68 0.83 1.20 1.34
Basic EPS Including Extraordinary Items 0.68 0.17 1.20 1.34
Dilution Adjustment -- -- -- --
Diluted Net Income 14.86 3.77 29.30 34.68
Diluted Weighted Average Shares 24.99 27.21 29.04 31.58
Diluted EPS Excluding Extraordinary Items 0.59 0.69 1.01 1.10
Diluted EPS Including Extraordinary Items 0.59 0.14 1.01 1.10
DPS - Common Stock Primary Issue -- -- -- 0.00
Gross Dividends - Common Stock 0.00 0.00 0.00 0.00
Total Special Items -- -- -- --
Normalized Income Before Taxes 18.70 32.07 49.66 61.38
Effect of Special Items on Income Taxes -- -- -- --
Income Taxes Excluding Impact of Special Items 3.84 13.19 20.36 26.70
Normalized Income After Taxes 14.86 18.88 29.30 34.68
Normalized Income Available to Common 14.86 18.88 29.30 34.68
Basic Normalized EPS 0.68 0.83 1.20 1.34
Diluted Normalized EPS 0.59 0.69 1.01 1.10
Depreciation, Supplemental 0.99 0.93 0.78 0.64
Interest Expense, Supplemental 101.47 92.35 79.94 57.75
Rental Expense, Supplemental 7.20 6.30 5.20 4.10
Stock-Based Compensation, Supplemental 3.52 5.72 5.55 5.02
Audit-Related Fees, Supplemental 0.85 0.77 0.77 0.77
Audit-Related Fees 0.18 0.19 0.18 0.18
Tax Fees, Supplemental 0.35 0.29 0.29 0.28
All Other Fees Paid to Auditor, Supplemental 0.00 0.00 0.00 0.00
Gross Margin 73.97 78.74 81.07 84.12
Operating Margin 4.80 7.38 11.76 16.88
Pretax Margin 4.80 7.38 11.76 16.88
Effective Tax Rate 20.54 41.12 41.00 43.50
Net Profit Margin 3.81 4.35 6.94 9.54
Normalized EBIT 18.70 32.07 49.66 61.38
Normalized EBITDA 19.70 33.01 50.44 62.02
Current Tax - Domestic -7.53 14.37 22.87 18.65
Current Tax - Local -2.06 3.31 2.67 1.15
Current Tax - Total -9.59 17.67 25.54 19.80
Deferred Tax - Domestic 9.07 -4.99 -6.33 4.23
Deferred Tax - Local 4.36 0.50 1.15 2.67
Deferred Tax - Other -- -- -- --
Deferred Tax - Total 13.43 -4.49 -5.18 6.90
Income Tax - Total 3.84 13.19 20.36 26.70
Interest Cost - Domestic 0.78 0.86 0.88 0.84
Service Cost - Domestic -- -- 0.00 0.00
Expected Return on Assets - Domestic -1.16 -1.15 -1.20 -1.51
Actuarial Gains and Losses - Domestic 0.44 0.41 0.55 0.35
Curtailments & Settlements - Domestic -- -- -- --
Domestic Pension Plan Expense 0.06 0.11 0.24 -0.32
Defined Contribution Expense - Domestic 1.50 1.20 0.93 --
Total Pension Expense 1.56 1.31 1.17 -0.32
Discount Rate - Domestic 4.11 4.05 4.20 3.80
Expected Rate of Return - Domestic 7.25 7.25 7.50 7.75
Total Plan Interest Cost 0.78 0.86 0.88 0.84
Total Plan Service Cost -- -- 0.00 0.00
Total Plan Expected Return -1.16 -1.15 -1.20 -1.51
Net Interest Margin, Total -% 12.10 14.70 15.00 16.10

In millions of USD (except for per share items)