Financial Statements

Financial Statements

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update)
Net Sales 476.84 639.13 889.34 733.01
Revenue 476.84 639.13 889.34 733.01
Total Revenue 476.84 639.13 889.34 733.01
Cost of Revenue 359.35 476.95 631.79 533.67
Cost of Revenue, Total 359.35 476.95 631.79 533.67
Gross Profit 117.49 162.18 257.55 199.34
Selling/General/Administrative Expense 37.10 31.49 30.32 27.11
Labor & Related Expense -0.21 0.85 0.55 2.31
Selling/General/Administrative Expenses, Total 36.89 32.34 30.87 29.42
Loss (Gain) on Sale of Assets - Operating -0.12 -0.27 -0.03 -0.14
Other Unusual Expense (Income) -- -- 2.13 1.90
Unusual Expense (Income) -0.12 -0.27 2.10 1.76
Other, Net
Other Operating Expenses, Total
Total Operating Expense 396.13 509.02 664.76 564.84
Operating Income 80.71 130.11 224.58 168.16
Interest Expense - Non-Operating -21.85 -22.80 -21.80 -7.62
Interest Expense, Net Non-Operating -21.85 -22.80 -21.80 -7.62
Interest Income, Non-Operating 1.62 1.79 2.16 2.52
Investment Income, Non-Operating 2.23 4.92 5.81 1.57
Interest/Investment Income, Non-Operating 3.85 6.71 7.98 4.09
Interest Income (Expense), Net-Non-Operating, Total -18.01 -16.09 -13.83 -3.54
Other Non-Operating Income (Expense) 3.51 0.19 -0.01 -0.02
Other, Net 3.51 0.19 -0.01 -0.02
Net Income Before Taxes 66.22 114.20 210.74 164.61
Income Tax – Total 31.34 41.54 77.29 65.07
Income After Tax 34.88 72.66 133.45 99.53
Net Income Before Extraordinary Items 34.88 72.66 133.45 99.53
Extraordinary Item 107.30
Total Extraordinary Items 107.30
Net Income 142.18 72.66 133.45 99.53
Preferred Dividends
Total Adjustments to Net Income
Income Available to Common Excluding Extraordinary Items 34.88 72.66 133.45 99.53
Income Available to Common Stocks Including Extraordinary Items 142.18 72.66 133.45 99.53
Basic Weighted Average Shares 19.08 19.44 20.88 21.35
Basic EPS Excluding Extraordinary Items 1.83 3.74 6.39 4.66
Basic EPS Including Extraordinary Items 7.45 3.74 6.39 4.66
Dilution Adjustment
Diluted Net Income 142.18 72.66 133.45 99.53
Diluted Weighted Average Shares 19.08 19.44 20.88 21.35
Diluted EPS Excluding Extraordinary Items 1.83 3.74 6.39 4.66
Diluted EPS Including Extraordinary Items 7.45 3.74 6.39 4.66
DPS - Common Stock Primary Issue 1.60 1.60 1.60 1.60
Gross Dividends - Common Stock 30.53 31.01 33.24 34.16
Total Special Items -0.12 -0.27 2.10 1.76
Normalized Income Before Taxes 66.10 113.93 212.85 166.37
Effect of Special Items on Income Taxes -0.05 -0.10 0.77 0.69
Income Taxes Excluding Impact of Special Items 31.29 41.44 78.06 65.77
Normalized Income After Taxes 34.82 72.49 134.78 100.60
Normalized Income Available to Common 34.82 72.49 134.78 100.60
Basic Normalized EPS 1.82 3.73 6.45 4.71
Diluted Normalized EPS 1.82 3.73 6.45 4.71
Depreciation, Supplemental 57.53 52.22 45.73 34.21
Interest Expense, Supplemental 21.85 22.80 21.80 7.62
Interest Capitalized, Supplemental
Rental Expense, Supplemental 1.80 2.20 2.60 2.60
Stock-Based Compensation, Supplemental -0.16 0.75 0.65 3.19
Equity in Affiliates, Supplemental 2.23 4.92 5.81 1.57
Audit-Related Fees, Supplemental 1.21 1.20 0.92
Audit-Related Fees 0.03 0.03 --
Tax Fees, Supplemental -- -- --
All Other Fees Paid to Auditor, Supplemental -- -- --
Gross Margin 24.64 25.38 28.96 27.19
Operating Margin 16.93 20.36 25.25 22.94
Pretax Margin 13.89 17.87 23.70 22.46
Effective Tax Rate 47.33 36.37 36.68 39.53
Net Profit Margin 7.31 11.37 15.01 13.58
Normalized EBIT 80.60 129.84 226.68 169.92
Normalized EBITDA 138.12 182.05 272.41 204.13
Current Tax - Domestic -18.10 10.26 11.32 -10.57
Current Tax - Foreign 0.37 0.49 0.74 0.17
Current Tax - Local 0.19 0.64 3.59 3.10
Current Tax - Total -17.54 11.40 15.65 -7.30
Deferred Tax - Domestic 35.84 26.96 56.43 63.58
Deferred Tax - Foreign -0.02 0.04 -0.01 -0.01
Deferred Tax - Local 13.05 3.15 5.22 8.80
Deferred Tax - Total 48.88 30.14 61.64 72.37
Income Tax - Total 31.34 41.54 77.29 65.07
Interest Cost - Domestic 0.94 0.98 0.95 0.97
Service Cost - Domestic 0.35 0.21 0.18 0.23
Prior Service Cost - Domestic 0.01 0.01 0.01 0.01
Expected Return on Assets - Domestic -1.13 -1.13 -1.28 -1.25
Actuarial Gains and Losses - Domestic 0.73 0.82 0.80 0.27
Curtailments & Settlements - Domestic
Domestic Pension Plan Expense 0.90 0.88 0.65 0.22
Interest Cost - Post-Retirement 0.00
Service Cost - Post-Retirement --
Prior Service Cost - Post-Retirement -0.00
Expected Return on Assets - Post-Retirement --
Actuarial Gains and Losses - Post-Retirement -0.06
Curtailments & Settlements - Post-Retirement --
Post-Retirement Plan Expense -0.06
Defined Contribution Expense - Domestic
Total Pension Expense 0.90 0.88 0.65 0.17
Discount Rate - Domestic 3.89 4.08 3.75 4.64
Discount Rate - Post-Retirement 4.39
Expected Rate of Return - Domestic 7.25 7.25 7.50 7.50
Total Plan Interest Cost 0.94 0.98 0.95 0.97
Total Plan Service Cost 0.35 0.21 0.18 0.23
Total Plan Expected Return -1.13 -1.13 -1.28 -1.25

In millions of USD (except for per share items)

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