Financial Statements

Financial Statements

  Year Ending Dec 2021 (Update) Year Ending Dec 2020 (Update) Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update)
Net Sales 272.23 300.69 345.80 389.78
Revenue 272.23 300.69 345.80 389.78
Total Revenue 272.23 300.69 345.80 389.78
Cost of Revenue 75.24 101.34 110.53 101.47
Cost of Revenue, Total 75.24 101.34 110.53 101.47
Gross Profit 196.99 199.35 235.27 288.31
Selling/General/Administrative Expense 59.21 53.61 58.38 56.22
Labor & Related Expense 80.53 80.20 80.88 79.32
Selling/General/Administrative Expenses, Total 139.74 133.81 139.26 135.53
Depreciation 1.68 1.78 1.08 0.99
Depreciation/Amortization 1.68 1.78 1.08 0.99
Other Unusual Expense (Income) -- 14.11 -- --
Unusual Expense (Income) -- 14.11 -- --
Other, Net -14.59 -- 85.77 133.08
Other Operating Expenses, Total -14.59 -- 85.77 133.08
Total Operating Expense 202.07 251.04 336.64 371.07
Operating Income 70.16 49.65 9.16 18.70
Investment Income, Non-Operating -4.42 -29.53 -- --
Interest/Investment Income, Non-Operating -4.42 -29.53 -- --
Interest Income (Expense), Net-Non-Operating, Total -4.42 -29.53 -- --
Net Income Before Taxes 65.75 20.12 9.16 18.70
Income Tax – Total 18.22 -1.56 3.76 3.84
Income After Tax 47.52 21.68 5.41 14.86
Net Income Before Extraordinary Items 47.52 21.68 5.41 14.86
Extraordinary Item -- -- 0.00 0.00
Total Extraordinary Items -- -- 0.00 0.00
Net Income 47.52 21.68 5.41 14.86
Income Available to Common Excluding Extraordinary Items 47.52 21.68 5.41 14.86
Income Available to Common Stocks Including Extraordinary Items 47.52 21.68 5.41 14.86
Basic Weighted Average Shares 22.56 22.61 22.42 21.99
Basic EPS Excluding Extraordinary Items 2.11 0.96 0.24 0.68
Basic EPS Including Extraordinary Items 2.11 0.96 0.24 0.68
Dilution Adjustment -- -- -- --
Diluted Net Income 47.52 21.68 5.41 14.86
Diluted Weighted Average Shares 25.78 24.00 24.06 24.99
Diluted EPS Excluding Extraordinary Items 1.84 0.90 0.22 0.59
Diluted EPS Including Extraordinary Items 1.84 0.90 0.22 0.59
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 65.75 34.23 9.16 18.70
Effect of Special Items on Income Taxes -- 4.94 -- --
Income Taxes Excluding Impact of Special Items 18.22 3.38 3.76 3.84
Normalized Income After Taxes 47.52 30.85 5.41 14.86
Normalized Income Available to Common 47.52 30.85 5.41 14.86
Basic Normalized EPS 2.11 1.36 0.24 0.68
Diluted Normalized EPS 1.84 1.29 0.22 0.59
Depreciation, Supplemental 1.68 1.78 1.08 0.99
Interest Expense, Supplemental 75.24 101.34 110.53 101.47
Rental Expense, Supplemental 7.18 7.52 7.68 7.20
Stock-Based Compensation, Supplemental 2.00 1.94 2.07 3.52
Audit-Related Fees, Supplemental 0.83 0.81 0.85 0.85
Audit-Related Fees 0.18 0.22 0.19 0.18
Tax Fees, Supplemental 0.45 0.29 0.29 0.35
All Other Fees Paid to Auditor, Supplemental 0.00 0.00 0.00 0.00
Gross Margin 72.36 66.30 68.04 73.97
Operating Margin 25.77 16.51 2.65 4.80
Pretax Margin 24.15 6.69 2.65 4.80
Effective Tax Rate 27.72 -7.74 41.00 20.54
Net Profit Margin 17.46 7.21 1.56 3.81
Normalized EBIT 70.16 63.76 9.16 18.70
Normalized EBITDA 71.84 65.55 10.24 19.70
Current Tax - Domestic 8.99 -23.58 -0.57 -7.53
Current Tax - Local 2.85 0.47 0.11 -2.06
Current Tax - Total 11.84 -23.10 -0.47 -9.59
Deferred Tax - Domestic 3.01 18.94 2.76 9.07
Deferred Tax - Local 3.37 2.61 1.47 4.36
Deferred Tax - Other -- -- -- --
Deferred Tax - Total 6.39 21.55 4.23 13.43
Income Tax - Total 18.22 -1.56 3.76 3.84
Interest Cost - Domestic -- -- 0.81 0.78
Service Cost - Domestic -- -- -- --
Expected Return on Assets - Domestic -- -- -1.01 -1.16
Actuarial Gains and Losses - Domestic -- -- 0.38 0.44
Curtailments & Settlements - Domestic -1.30 -1.15 -- --
Transition Costs - Domestic 0.90 0.84 -- --
Domestic Pension Plan Expense 0.15 0.38 0.17 0.06
Defined Contribution Expense - Domestic 1.30 1.40 1.60 1.50
Total Pension Expense 1.45 1.78 1.77 1.56
Discount Rate - Domestic 2.28 -- 4.11 4.11
Expected Rate of Return - Domestic 7.25 -- 7.25 7.25
Total Plan Interest Cost -- -- 0.81 0.78
Total Plan Service Cost -- -- -- --
Total Plan Expected Return -- -- -1.01 -1.16
Net Interest Margin, Total -% 8.90 8.40 9.60 12.10

In millions of USD (except for per share items)