Income Statement

Income Statement

Income Statement

  Year Ending Dec 2020 (Update) Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update)
Net Sales 2,173.35 2,502.47 2,376.12
Revenue 2,173.35 2,502.47 2,376.12
Total Revenue 2,173.35 2,502.47 2,376.12
Cost of Revenue 1,571.18 1,750.15 1,645.80
Cost of Revenue, Total 1,571.18 1,750.15 1,645.80
Gross Profit 602.17 752.32 730.32
Selling/General/Administrative Expense 276.92 346.87 423.21
Selling/General/Administrative Expenses, Total 276.92 346.87 423.21
Research & Development 194.10 202.20 207.91
Amortization of Intangibles, Operating 44.71 64.29 71.71
Depreciation/Amortization 44.71 64.29 71.71
Restructuring Charge 37.01 6.28 77.18
Impairment-Assets Held for Use -- -- --
Other Unusual Expense (Income) 59.82 -- --
Unusual Expense (Income) 96.83 6.28 77.18
Total Operating Expense 2,183.75 2,369.79 2,425.81
Operating Income -10.40 132.68 -49.69
Interest Income, Non-Operating 3.00 1.85 2.15
Investment Income, Non-Operating -- -2.43 3.83
Interest/Investment Income, Non-Operating 3.00 -0.58 5.98
Interest Income (Expense), Net-Non-Operating, Total -41.00 -53.03 -52.60
Other Non-Operating Income (Expense) -5.24 -6.62 -6.86
Other, Net -5.24 -6.62 -6.86
Net Income Before Taxes -56.64 73.03 -109.15
Income Tax – Total 0.24 20.62 -12.57
Income After Tax -56.88 52.42 -96.58
Minority Interest -1.08 -3.41 -2.67
Net Income Before Extraordinary Items -57.96 49.01 -99.25
Extraordinary Item -- -- 0.00
Total Extraordinary Items -- -- 0.00
Net Income -57.96 49.01 -99.25
Income Available to Common Excluding Extraordinary Items -57.96 49.01 -99.25
Income Available to Common Stocks Including Extraordinary Items -57.96 49.01 -99.25
Basic Weighted Average Shares 40.25 39.56 39.24
Basic EPS Excluding Extraordinary Items -1.44 1.24 -2.53
Basic EPS Including Extraordinary Items -1.44 1.24 -2.53
Diluted Net Income -57.96 49.01 -99.25
Diluted Weighted Average Shares 40.25 39.98 39.24
Diluted EPS Excluding Extraordinary Items -1.44 1.23 -2.53
Diluted EPS Including Extraordinary Items -1.44 1.23 -2.53
DPS - Common Stock Primary Issue -- -- --
Gross Dividends - Common Stock 0.00 0.00 0.00
Other Unusual Expense (Income), Supplemental 0.99 -- --
Non-Recurring Items, Total 0.99 -- --
Total Special Items 97.82 6.28 77.18
Normalized Income Before Taxes 41.18 79.31 -31.97
Effect of Special Items on Income Taxes 34.24 1.77 27.01
Income Taxes Excluding Impact of Special Items 34.48 22.39 14.44
Normalized Income After Taxes 6.71 56.92 -46.41
Normalized Income Available to Common 5.63 53.51 -49.08
Basic Normalized EPS 0.14 1.35 -1.25
Diluted Normalized EPS 0.14 1.34 -1.25
Amortization of Intangibles, Supplemental 44.71 64.29 71.71
Depreciation, Supplemental 52.58 50.11 50.78
Rental Expense, Supplemental 22.08 25.32 24.45
Stock-Based Compensation, Supplemental 28.77 30.26 33.43
Minority Interest, Supplemental -1.08 -3.41 -2.67
Research & Development Expense, Supplemental 194.10 202.20 207.91
Audit-Related Fees, Supplemental -- -- 11.49
Audit-Related Fees -- -- 0.00
Tax Fees, Supplemental -- -- 1.91
All Other Fees Paid to Auditor, Supplemental -- -- 0.04
Gross Margin 27.71 30.06 30.74
Operating Margin -0.48 5.30 -2.09
Pretax Margin -2.61 2.92 -4.59
Effective Tax Rate -- 28.23 --
Net Profit Margin -2.67 1.96 -4.18
Normalized EBIT 87.43 138.96 27.49
Normalized EBITDA 184.72 253.36 149.99
Current Tax - Domestic -0.96 4.86 -7.70
Current Tax - Foreign 12.41 13.77 14.62
Current Tax - Local 1.73 2.18 -0.36
Current Tax - Total 13.18 20.81 6.56
Deferred Tax - Domestic -2.85 2.33 -17.46
Deferred Tax - Foreign -60.44 -6.03 -22.91
Deferred Tax - Local -3.34 -1.85 -4.49
Deferred Tax - Total -66.64 -5.55 -44.86
Other Tax 53.70 5.35 25.73
Income Tax - Total 0.24 20.62 -12.57
Interest Cost - Domestic 1.82 2.28 2.32
Service Cost - Domestic 4.03 3.71 4.03
Prior Service Cost - Domestic 0.07 0.07 0.06
Expected Return on Assets - Domestic -0.45 -0.61 -0.67
Actuarial Gains and Losses - Domestic 2.26 1.65 1.53
Curtailments & Settlements - Domestic 0.29 0.25 0.00
Domestic Pension Plan Expense 8.00 7.35 7.28
Defined Contribution Expense - Domestic 29.88 66.32 27.06
Total Pension Expense 37.88 73.66 34.34
Discount Rate - Domestic 1.76 2.24 2.21
Expected Rate of Return - Domestic 4.89 5.19 5.58
Compensation Rate - Domestic 3.76 3.60 3.64
Total Plan Interest Cost 1.82 2.28 2.32
Total Plan Service Cost 4.03 3.71 4.03
Total Plan Expected Return -0.45 -0.61 -0.67

In millions of USD (except for per share items)

Copyright Refinitiv

 

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