Financial Statements

Financial Statements

  Year Ending Dec 2022 (Update) Year Ending Dec 2021 (Update) Year Ending Dec 2020 (Update) Year Ending Dec 2019 (Update)
Net Sales 314.43 272.23 300.69 345.80
Revenue 314.43 272.23 300.69 345.80
Total Revenue 314.43 272.23 300.69 345.80
Cost of Revenue 87.52 75.24 101.34 110.53
Cost of Revenue, Total 87.52 75.24 101.34 110.53
Gross Profit 226.90 196.99 199.35 235.27
Selling/General/Administrative Expense 68.19 59.21 53.61 58.38
Labor & Related Expense 84.28 80.53 80.20 80.88
Selling/General/Administrative Expenses, Total 152.47 139.74 133.81 139.26
Depreciation 1.62 1.68 1.78 1.08
Depreciation/Amortization 1.62 1.68 1.78 1.08
Other Unusual Expense (Income) -- -- 14.11 --
Unusual Expense (Income) -- -- 14.11 --
Other, Net -28.10 -14.59 -- 85.77
Other Operating Expenses, Total -28.10 -14.59 -- 85.77
Total Operating Expense 213.52 202.07 251.04 336.64
Operating Income 100.91 70.16 49.65 9.16
Investment Income, Non-Operating 15.28 -4.42 -29.53 --
Interest/Investment Income, Non-Operating 15.28 -4.42 -29.53 --
Interest Income (Expense), Net-Non-Operating, Total 15.28 -4.42 -29.53 --
Net Income Before Taxes 116.19 65.75 20.12 9.16
Income Tax – Total 30.21 18.22 -1.56 3.76
Income After Tax 85.98 47.52 21.68 5.41
Net Income Before Extraordinary Items 85.98 47.52 21.68 5.41
Extraordinary Item -- -- -- 0.00
Total Extraordinary Items -- -- -- 0.00
Net Income 85.98 47.52 21.68 5.41
Income Available to Common Excluding Extraordinary Items 85.98 47.52 21.68 5.41
Income Available to Common Stocks Including Extraordinary Items 85.98 47.52 21.68 5.41
Basic Weighted Average Shares 20.96 22.56 22.61 22.42
Basic EPS Excluding Extraordinary Items 4.10 2.11 0.96 0.24
Basic EPS Including Extraordinary Items 4.10 2.11 0.96 0.24
Dilution Adjustment -- -- -- --
Diluted Net Income 85.98 47.52 21.68 5.41
Diluted Weighted Average Shares 26.59 25.78 24.00 24.06
Diluted EPS Excluding Extraordinary Items 3.23 1.84 0.90 0.22
Diluted EPS Including Extraordinary Items 3.23 1.84 0.90 0.22
DPS - Common Stock Primary Issue -- -- -- --
Gross Dividends - Common Stock 0.00 0.00 0.00 0.00
Total Special Items -- -- 14.11 --
Normalized Income Before Taxes 116.19 65.75 34.23 9.16
Effect of Special Items on Income Taxes -- -- 4.94 --
Income Taxes Excluding Impact of Special Items 30.21 18.22 3.38 3.76
Normalized Income After Taxes 85.98 47.52 30.85 5.41
Normalized Income Available to Common 85.98 47.52 30.85 5.41
Basic Normalized EPS 4.10 2.11 1.36 0.24
Diluted Normalized EPS 3.23 1.84 1.29 0.22
Depreciation, Supplemental 1.62 1.68 1.78 1.08
Interest Expense, Supplemental 87.52 75.24 101.34 110.53
Rental Expense, Supplemental 6.65 7.18 7.52 7.68
Stock-Based Compensation, Supplemental 4.43 2.00 1.94 2.07
Audit-Related Fees, Supplemental 0.92 0.83 0.81 0.85
Audit-Related Fees 0.19 0.18 0.22 0.19
Tax Fees, Supplemental 0.27 0.45 0.29 0.29
All Other Fees Paid to Auditor, Supplemental 0.00 0.00 0.00 0.00
Gross Margin 72.16 72.36 66.30 68.04
Operating Margin 32.09 25.77 16.51 2.65
Pretax Margin 36.95 24.15 6.69 2.65
Effective Tax Rate 26.00 27.72 -7.74 41.00
Net Profit Margin 27.35 17.46 7.21 1.56
Normalized EBIT 100.91 70.16 63.76 9.16
Normalized EBITDA 102.53 71.84 65.55 10.24
Current Tax - Domestic 16.95 8.99 -23.58 -0.57
Current Tax - Local 3.35 2.85 0.47 0.11
Current Tax - Total 20.30 11.84 -23.10 -0.47
Deferred Tax - Domestic 5.57 3.01 18.94 2.76
Deferred Tax - Local 4.34 3.37 2.61 1.47
Deferred Tax - Other -- -- -- --
Deferred Tax - Total 9.91 6.39 21.55 4.23
Income Tax - Total 30.21 18.22 -1.56 3.76
Interest Cost - Domestic 0.58 -- -- 0.81
Service Cost - Domestic -- -- -- --
Expected Return on Assets - Domestic -1.86 -- -- -1.01
Actuarial Gains and Losses - Domestic 0.11 -- -- 0.38
Curtailments & Settlements - Domestic 0.26 -1.30 -1.15 --
Transition Costs - Domestic 0.00 0.90 0.84 --
Domestic Pension Plan Expense -0.92 0.15 0.38 0.17
Defined Contribution Expense - Domestic 1.30 1.30 1.40 1.60
Total Pension Expense 0.38 1.45 1.78 1.77
Discount Rate - Domestic 2.65 2.28 -- 4.11
Expected Rate of Return - Domestic 7.25 7.25 -- 7.25
Total Plan Interest Cost 0.58 -- -- 0.81
Total Plan Service Cost -- -- -- --
Total Plan Expected Return -1.86 -- -- -1.01
Net Interest Margin, Total -% 8.60 8.90 8.40 9.60

In millions of USD (except for per share items)