Income Statement

Income Statement

Income Statement

  Year Ending Dec 2022 (Update) Year Ending Dec 2021 (Update) Year Ending Dec 2020 (Update)
Net Sales 1,795.56 1,981.57 2,173.35
Revenue 1,795.56 1,981.57 2,173.35
Total Revenue 1,795.56 1,981.57 2,173.35
Cost of Revenue 1,273.38 1,408.40 1,571.18
Cost of Revenue, Total 1,273.38 1,408.40 1,571.18
Gross Profit 522.19 573.17 602.17
Selling/General/Administrative Expense 290.45 300.52 276.92
Selling/General/Administrative Expenses, Total 290.45 300.52 276.92
Research & Development 185.10 197.24 194.10
Amortization of Intangibles, Operating 25.72 35.80 44.71
Depreciation/Amortization 25.72 35.80 44.71
Restructuring Charge -13.63 54.62 37.01
Impairment-Assets Held for Use 38.48 -- --
Other Unusual Expense (Income) 3.51 64.29 59.82
Unusual Expense (Income) 28.36 118.91 96.83
Total Operating Expense 1,803.00 2,060.87 2,183.75
Operating Income -7.44 -79.30 -10.40
Interest Income, Non-Operating 2.63 1.56 3.00
Investment Income, Non-Operating -- -- --
Interest/Investment Income, Non-Operating 2.63 1.56 3.00
Interest Income (Expense), Net-Non-Operating, Total -4.09 -27.08 -41.00
Other Non-Operating Income (Expense) -4.21 -17.43 -5.24
Other, Net -4.21 -17.43 -5.24
Net Income Before Taxes -15.74 -123.81 -56.64
Income Tax – Total -6.20 -45.51 0.24
Income After Tax -9.55 -78.30 -56.88
Minority Interest -0.19 -2.96 -1.08
Net Income Before Extraordinary Items -9.73 -81.26 -57.96
Extraordinary Item -- -- --
Total Extraordinary Items -- -- --
Net Income -9.73 -81.26 -57.96
Income Available to Common Excluding Extraordinary Items -9.73 -81.26 -57.96
Income Available to Common Stocks Including Extraordinary Items -9.73 -81.26 -57.96
Basic Weighted Average Shares 45.10 44.30 40.25
Basic EPS Excluding Extraordinary Items -0.22 -1.83 -1.44
Basic EPS Including Extraordinary Items -0.22 -1.83 -1.44
Diluted Net Income -9.73 -81.26 -57.96
Diluted Weighted Average Shares 45.10 44.30 40.25
Diluted EPS Excluding Extraordinary Items -0.22 -1.83 -1.44
Diluted EPS Including Extraordinary Items -0.22 -1.83 -1.44
DPS - Common Stock Primary Issue -- -- --
Gross Dividends - Common Stock 0.00 0.00 0.00
Other Unusual Expense (Income), Supplemental 1.18 11.53 0.99
Non-Recurring Items, Total 1.18 11.53 0.99
Total Special Items 29.54 130.44 97.82
Normalized Income Before Taxes 13.80 6.63 41.18
Effect of Special Items on Income Taxes 8.47 45.65 34.24
Income Taxes Excluding Impact of Special Items 2.27 0.14 34.48
Normalized Income After Taxes 11.53 6.49 6.71
Normalized Income Available to Common 11.34 3.53 5.63
Basic Normalized EPS 0.25 0.08 0.14
Diluted Normalized EPS 0.25 0.08 0.14
Amortization of Intangibles, Supplemental 25.72 35.80 44.71
Depreciation, Supplemental 41.05 48.35 52.58
Rental Expense, Supplemental 19.09 20.58 22.08
Stock-Based Compensation, Supplemental 23.20 26.86 28.77
Minority Interest, Supplemental -0.19 -2.96 -1.08
Research & Development Expense, Supplemental 185.10 197.24 194.10
Audit-Related Fees, Supplemental -- 7.17 6.36
Audit-Related Fees -- 0.00 0.00
Tax Fees, Supplemental -- 2.72 1.96
All Other Fees Paid to Auditor, Supplemental -- 0.00 0.00
Gross Margin 29.08 28.92 27.71
Operating Margin -0.41 -4.00 -0.48
Pretax Margin -0.88 -6.25 -2.61
Effective Tax Rate -- -- --
Net Profit Margin -0.54 -4.10 -2.67
Normalized EBIT 22.10 51.14 87.43
Normalized EBITDA 88.87 135.30 184.72
Current Tax - Domestic -2.69 20.20 -0.96
Current Tax - Foreign 25.43 12.59 12.41
Current Tax - Local 3.70 7.27 1.73
Current Tax - Total 26.44 40.06 13.18
Deferred Tax - Domestic -24.17 -36.20 -2.85
Deferred Tax - Foreign -23.83 -12.66 -60.44
Deferred Tax - Local -4.72 -12.19 -3.34
Deferred Tax - Total -52.72 -61.04 -66.64
Other Tax 20.09 -24.54 53.70
Income Tax - Total -6.20 -45.51 0.24
Interest Cost - Domestic 1.68 1.38 1.82
Service Cost - Domestic 2.91 4.48 4.03
Prior Service Cost - Domestic 0.07 0.07 0.07
Expected Return on Assets - Domestic -0.31 -0.35 -0.45
Actuarial Gains and Losses - Domestic 1.49 2.18 2.26
Curtailments & Settlements - Domestic 0.15 -0.56 0.29
Domestic Pension Plan Expense 5.98 7.21 8.00
Defined Contribution Expense - Domestic 14.24 66.33 29.88
Total Pension Expense 20.22 73.54 37.88
Discount Rate - Domestic 1.93 1.10 1.76
Expected Rate of Return - Domestic 3.45 3.45 4.89
Compensation Rate - Domestic 3.88 3.68 3.76
Total Plan Interest Cost 1.68 1.38 1.82
Total Plan Service Cost 2.91 4.48 4.03
Total Plan Expected Return -0.31 -0.35 -0.45

In millions of USD (except for per share items)

Copyright Refinitiv

 

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