Financial Statements

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update)
Net Sales 1.06M 743.18 775.74 635.74
Revenue 1.06M 743.18 775.74 635.74
Total Revenue 1.06M 743.18 775.74 635.74
Cost of Revenue 446.07 322.79 328.40 242.66
Cost of Revenue, Total 446.07 322.79 328.40 242.66
Gross Profit 613.51 420.39 447.34 393.08
Selling/General/Administrative Expense 246.53 154.11 175.23 137.04
Labor & Related Expense 2.80 3.00 3.00 3.60
Selling/General/Administrative Expenses, Total 249.33 157.11 178.23 140.64
Depreciation 291.87 174.01 179.92 149.44
Depreciation/Amortization 291.87 174.01 179.92 149.44
Impairment-Assets Held for Use 0.61
Other Unusual Expense (Income) 33.65 7.77 42.66 25.60
Unusual Expense (Income) 33.65 8.38 42.66 25.60
Total Operating Expense 1.02M 662.30 729.20 558.33
Operating Income 38.65 80.88 46.53 77.40
Interest Expense - Non-Operating
Interest Capitalized - Non-Operating
Interest Expense, Net Non-Operating
Interest Income, Non-Operating
Investment Income, Non-Operating 31.75 32.97 36.69 34.52
Interest/Investment Income, Non-Operating 31.75 32.97 36.69 34.52
Interest Income (Expense), Net Non-Operating -129.79 -76.83 -79.62 -82.54
Interest Income (Expense), Net-Non-Operating, Total -98.04 -43.85 -42.93 -48.02
Other Non-Operating Income (Expense) -0.25 1.13 -1.50 -0.97
Other, Net -0.25 1.13 -1.50 -0.97
Net Income Before Taxes -59.63 38.16 2.10 28.42
Income Tax – Total -12.03 22.96 2.78 13.03
Income After Tax -47.60 15.20 -0.67 15.39
Minority Interest -0.35 -0.27 -0.21 -0.32
Net Income Before Extraordinary Items -47.96 14.93 -0.88 15.07
Discontinued Operations -- --
Extraordinary Item 112.90
Total Extraordinary Items 112.90 -- --
Net Income 64.95 14.93 -0.88 15.07
Miscellaneous Earnings Adjustment -0.36 -0.52 -- -0.55
Total Adjustments to Net Income -0.36 -0.52 -- -0.55
Income Available to Common Excluding Extraordinary Items -48.32 14.41 -0.88 14.52
Income Available to Common Stocks Including Extraordinary Items 64.58 14.41 -0.88 14.52
Basic Weighted Average Shares 60.37 50.30 50.18 42.00
Basic EPS Excluding Extraordinary Items -0.80 0.29 -0.02 0.35
Basic EPS Including Extraordinary Items 1.07 0.29 -0.02 0.35
Dilution Adjustment
Diluted Net Income 64.58 14.41 -0.88 14.52
Diluted Weighted Average Shares 60.37 50.30 50.18 42.00
Diluted EPS Excluding Extraordinary Items -0.80 0.29 -0.02 0.35
Diluted EPS Including Extraordinary Items 1.07 0.29 -0.02 0.35
DPS - Common Stock Primary Issue 1.55 1.55 1.55 1.55
Gross Dividends - Common Stock 94.10 78.47 78.25 66.33
Other Unusual Expense (Income), Supplemental
Non-Recurring Items, Total
Total Special Items 33.65 8.38 42.66 25.60
Normalized Income Before Taxes -25.98 46.54 44.76 54.02
Effect of Special Items on Income Taxes 11.78 2.93 14.93 11.74
Income Taxes Excluding Impact of Special Items -0.25 25.90 17.70 24.76
Normalized Income After Taxes -25.73 20.64 27.05 29.25
Normalized Income Available to Common -26.44 19.86 26.84 28.39
Basic Normalized EPS -0.44 0.39 0.54 0.68
Diluted Normalized EPS -0.44 0.39 0.54 0.68
Amortization of Intangibles, Supplemental 28.00 12.90 12.80 10.40
Depreciation, Supplemental 263.87 161.11 167.12 139.04
Interest Expense, Supplemental
Interest Capitalized, Supplemental -1.25 -1.15 -1.37 -1.44
Rental Expense, Supplemental 18.00 12.70 12.10 2.60
Stock-Based Compensation, Supplemental 2.77 3.02 3.06 3.64
Advertising Expense, Supplemental 10.90 8.70 8.30 8.20
Minority Interest, Supplemental -0.35 -0.27 -0.21 -0.32
Audit-Related Fees, Supplemental 3.30 1.70 2.00 2.00
Audit-Related Fees -- -- -- --
Tax Fees, Supplemental 1.10 0.50 0.60 0.30
All Other Fees Paid to Auditor, Supplemental -- -- -- --
Gross Margin 57.90 56.57 57.67 61.83
Operating Margin 3.65 10.88 6.00 12.18
Pretax Margin -5.63 5.13 0.27 4.47
Effective Tax Rate 60.18 131.89 45.85
Net Profit Margin -4.56 1.94 -0.11 2.28
Normalized EBIT 72.30 89.26 89.19 103.01
Normalized EBITDA 364.18 263.27 269.11 252.44
Current Tax - Domestic 1.06 1.39 -3.71 1.77
Current Tax - Foreign
Current Tax - Local 0.15 0.71 0.66 1.01
Current Tax - Total 1.20 2.10 -3.05 2.78
Deferred Tax - Domestic -18.73 20.09 4.32 8.14
Deferred Tax - Foreign
Deferred Tax - Local 5.50 0.78 1.51 2.11
Deferred Tax - Total -13.23 20.86 5.83 10.24
Income Tax - Total -12.03 22.96 2.78 13.03
Interest Cost - Domestic 21.88 16.29 15.79 16.30
Service Cost - Domestic 3.06 0.34 0.41 0.56
Prior Service Cost - Domestic -0.32 -0.46 -0.46 -0.46
Expected Return on Assets - Domestic -28.46 -20.64 23.37 23.11
Actuarial Gains and Losses - Domestic 6.24 5.42 -4.02 0.02
Curtailments & Settlements - Domestic -1.32
Domestic Pension Plan Expense 1.09 0.96 35.10 39.52
Interest Cost - Post-Retirement 3.03 2.02 1.71 1.57
Service Cost - Post-Retirement 0.50 0.60 0.60 0.48
Prior Service Cost - Post-Retirement -0.52 -0.52 -0.62 -0.04
Expected Return on Assets - Post-Retirement -0.11 -0.15 -0.15 -0.22
Actuarial Gains and Losses - Post-Retirement -0.17 -0.13 -0.56
Other Post-Retirement, Net
Post-Retirement Plan Expense 2.73 1.95 1.41 1.22
Defined Contribution Expense - Domestic 9.80 6.70 5.90
Total Pension Expense 13.61 9.62 36.50 46.65
Discount Rate - Domestic 4.02 4.76 4.27 4.97
Discount Rate - Post-Retirement 3.96 4.61 4.11 4.97
Expected Rate of Return - Domestic 7.23 7.75 1.75
Compensation Rate - Domestic 2.39 1.75 8.00 8.00
Total Plan Interest Cost 24.92 18.31 17.50 17.86
Total Plan Service Cost 3.55 0.95 1.01 1.04
Total Plan Expected Return -28.57 -20.78 23.22 22.88
Total Plan Other Expense

In millions of USD (except for per share items)

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