Financial Statements - Income Statement

Financial Statements

  Year Ending Nov 2018 (Update) Year Ending Nov 2017 (Update) Year Ending Nov 2016 (Update) Year Ending Nov 2015 (Update)
Net Sales 4,547.00 4,368.53 3,594.65 3,032.03
Revenue 4,547.00 4,368.53 3,594.65 3,032.03
Total Revenue 4,547.00 4,368.53 3,594.65 3,032.03
Cost of Revenue 3,743.92 3,646.47 3,041.10 2,539.37
Cost of Revenue, Total 3,743.92 3,646.47 3,041.10 2,539.37
Gross Profit 803.08 722.06 553.55 492.66
Selling/General/Administrative Expense 448.00 429.82 393.26 346.71
Selling/General/Administrative Expenses, Total 448.00 429.82 393.26 346.71
Impairment-Assets Held for Use -- -- -- --
Other Unusual Expense (Income) -- -- -- --
Unusual Expense (Income) -- -- -- --
Total Operating Expense 4,191.92 4,076.29 3,434.36 2,886.08
Operating Income 355.08 292.24 160.29 145.95
Interest Expense - Non-Operating -149.70 -177.17 -185.47 -186.89
Interest Capitalized - Non-Operating 149.70 170.86 179.57 165.03
Interest Expense, Net Non-Operating 0.00 -6.31 -5.90 -21.86
Interest Income, Non-Operating 3.51 1.24 0.53 0.46
Investment Income, Non-Operating 9.37 2.83 -5.60 2.49
Interest/Investment Income, Non-Operating 12.88 4.07 -5.07 2.95
Interest Income (Expense), Net-Non-Operating, Total 12.88 -2.24 -10.97 -18.91
Net Income Before Taxes 367.97 290.00 149.32 127.04
Income Tax – Total 85.10 109.40 43.70 42.40
Income After Tax 282.87 180.60 105.62 84.64
Net Income Before Extraordinary Items 282.87 180.60 105.62 84.64
Discontinued Operations -- -- -- --
Extraordinary Item -112.50 -- -- --
Total Extraordinary Items -112.50 -- -- --
Net Income 170.37 180.60 105.62 84.64
Miscellaneous Earnings Adjustment -0.98 -1.18 -0.55 -0.31
Total Adjustments to Net Income -0.98 -1.18 -0.55 -0.31
Income Available to Common Excluding Extraordinary Items 281.89 179.42 105.06 84.34
Income Available to Common Stocks Including Extraordinary Items 169.39 179.42 105.06 84.34
Basic Weighted Average Shares 87.77 85.84 85.71 92.05
Basic EPS Excluding Extraordinary Items 3.21 2.09 1.23 0.92
Basic EPS Including Extraordinary Items 1.93 2.09 1.23 0.92
Dilution Adjustment 3.31 2.80 2.72 2.70
Diluted Net Income 172.70 182.21 107.78 87.03
Diluted Weighted Average Shares 101.06 98.32 96.28 102.86
Diluted EPS Excluding Extraordinary Items 2.82 1.85 1.12 0.85
Diluted EPS Including Extraordinary Items 1.71 1.85 1.12 0.85
DPS - Common Stock Primary Issue 0.10 0.10 0.10 0.10
Gross Dividends - Common Stock 8.89 8.64 8.59 9.19
Other Unusual Expense (Income), Supplemental 29.00 -- -- --
Non-Recurring Items, Total 29.00 -- -- --
Total Special Items 29.00 -- -- --
Normalized Income Before Taxes 396.97 290.00 149.32 127.04
Effect of Special Items on Income Taxes 6.71 -- -- --
Income Taxes Excluding Impact of Special Items 91.81 109.40 43.70 42.40
Normalized Income After Taxes 305.16 180.60 105.62 84.64
Normalized Income Available to Common 304.18 179.42 105.06 84.34
Basic Normalized EPS 3.47 2.09 1.23 0.92
Diluted Normalized EPS 3.04 1.85 1.12 0.85
Depreciation, Supplemental 2.53 2.80 3.64 3.41
Interest Expense, Supplemental 0.00 6.31 5.90 21.86
Interest Capitalized, Supplemental -149.70 -170.86 -179.57 -165.03
Rental Expense, Supplemental 8.60 8.10 7.50 8.50
Stock-Based Compensation, Supplemental 15.86 14.63 -- --
Advertising Expense, Supplemental 37.30 34.40 32.70 33.40
Equity in Affiliates, Supplemental 9.37 2.83 -5.60 2.49
Audit-Related Fees, Supplemental -- 1.10 1.13 1.12
Audit-Related Fees -- 0.04 0.04 0.04
Tax Fees, Supplemental -- 0.00 0.00 0.00
All Other Fees Paid to Auditor, Supplemental -- 0.00 0.00 0.00
Gross Margin 17.66 16.53 15.40 16.25
Operating Margin 7.81 6.69 4.46 4.81
Pretax Margin 8.09 6.64 4.15 4.19
Effective Tax Rate 23.13 37.72 29.27 33.37
Net Profit Margin 6.20 4.11 2.92 2.78
Normalized EBIT 384.08 292.24 160.29 145.95
Normalized EBITDA 386.61 295.04 163.92 149.36
Current Tax - Domestic 3.60 2.80 1.90 1.40
Current Tax - Local 4.80 3.00 1.00 2.00
Current Tax - Total 8.40 5.80 2.90 3.40
Deferred Tax - Domestic 58.20 86.30 28.70 35.90
Deferred Tax - Local 18.50 17.30 12.10 3.10
Deferred Tax - Total 76.70 103.60 40.80 39.00
Income Tax - Total 85.10 109.40 43.70 42.40
Other Pension, Net - Domestic -- -- -- --
Domestic Pension Plan Expense -- -- -- --
Interest Cost - Post-Retirement 2.25 2.27 2.29 2.27
Service Cost - Post-Retirement 1.09 1.05 1.05 1.14
Prior Service Cost - Post-Retirement 1.56 1.56 1.56 1.56
Actuarial Gains and Losses - Post-Retirement 0.34 0.14 0.08 0.85
Other Post-Retirement, Net -- -- -- --
Post-Retirement Plan Expense 5.23 5.02 4.97 5.82
Defined Contribution Expense - Domestic 6.00 6.20 5.30 4.60
Total Pension Expense 11.23 11.22 10.27 10.42
Discount Rate - Post-Retirement -- -- 3.60 3.60
Total Plan Interest Cost 2.25 2.27 2.29 2.27
Total Plan Service Cost 1.09 1.05 1.05 1.14
Total Plan Other Expense -- -- -- --

In millions of USD (except for per share items)

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