Fundamentals - Annual Income Statement

  Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update) Year Ending Dec 2013 (Update) Year Ending Dec 2012 (Update)
Gross Revenue 968.99 1.02M 966.48 793.71 628.58
Sales Returns and Allowances
Excise Tax Receipts -62.55 -64.11 -63.47 -54.65 -48.36
Revenue 906.45 959.93 903.01 739.05 580.22
Total Revenue 906.45 959.93 903.01 739.05 580.22
Cost of Revenue 446.78 458.32 438.00 354.13 265.01
Cost of Revenue, Total 446.78 458.32 438.00 354.13 265.01
Gross Profit 459.67 501.62 465.01 384.92 315.21
Selling/General/Administrative Expense 78.03 71.56 65.97 62.33 50.17
Advertising Expense 244.21 273.63 250.70 207.93 169.31
Selling/General/Administrative Expenses, Total 322.25 345.19 316.67 270.26 219.48
Litigation -- --
Impairment-Assets Held for Use -0.24 0.26 1.78 1.57 0.15
Unusual Expense (Income) -0.24 0.26 1.78 1.57 0.15
Total Operating Expense 768.79 803.76 756.44 625.96 484.64
Operating Income 137.66 156.17 146.57 113.09 95.58
Interest Income, Non-Operating 0.03
Interest/Investment Income, Non-Operating 0.03
Interest Income (Expense), Net Non-Operating 0.17 0.06 0.02 0.03
Interest Income (Expense), Net-Non-Operating, Total 0.17 0.06 0.02 0.03 0.03
Other Non-Operating Income (Expense) -0.71 -1.22 -0.99 -0.58 -0.10
Other, Net -0.71 -1.22 -0.99 -0.58 -0.10
Net Income Before Taxes 137.12 155.01 145.59 112.54 95.52
Income Tax – Total 49.77 56.60 54.85 42.15 36.05
Income After Tax 87.35 98.41 90.74 70.39 59.47
Net Income Before Extraordinary Items 87.35 98.41 90.74 70.39 59.47
Net Income 87.35 98.41 90.74 70.39 59.47
Miscellaneous Earnings Adjustment -0.44 -0.46 -0.51 -0.51
Total Adjustments to Net Income -0.44 -0.46 -0.51 -0.51
Income Available to Common Excluding Extraordinary Items 86.91 97.95 90.23 69.88 59.47
Income Available to Common Stocks Including Extraordinary Items 86.91 97.95 90.23 69.88 59.47
Basic Weighted Average Shares 12.53 13.12 12.97 12.86 12.80
Basic EPS Excluding Extraordinary Items 6.93 7.46 6.96 5.43 4.65
Basic EPS Including Extraordinary Items 6.93 7.46 6.96 5.43 4.65
Dilution Adjustment 0.01 0.01 0.02 0.03
Diluted Net Income 86.92 97.97 90.25 69.91 59.47
Diluted Weighted Average Shares 12.80 13.52 13.48 13.50 13.44
Diluted EPS Excluding Extraordinary Items 6.79 7.25 6.69 5.18 4.43
Diluted EPS Including Extraordinary Items 6.79 7.25 6.69 5.18 4.43
DPS - Common Stock Primary Issue -- -- -- --
Dividend per Share – Common Stock Issue 2 -- --
Gross Dividends - Common Stock -- -- -- -- --
Stock-Based Compensation, Supplemental 6.15 6.67 6.86 7.32 6.53
Depreciation, Supplemental 49.56 43.40 35.14 25.90 20.21
(Gain) Loss on Sale of Assets, Supplemental -1.00
Impairment-Assets Held for Use, Supplemental 0.70 0.30
Non-Recurring Items, Total -0.30 0.30
Total Special Items -0.54 0.56 1.78 1.57 0.15
Normalized Income Before Taxes 136.59 155.57 147.37 114.11 95.67
Effect of Special Items on Income Taxes -0.19 0.20 0.67 0.59 0.06
Income Taxes Excluding Impact of Special Items 49.58 56.80 55.52 42.74 36.11
Normalized Income After Taxes 87.01 98.77 91.85 71.37 59.56
Normalized Income Available to Common 86.57 98.31 91.34 70.86 59.56
Basic Normalized EPS 6.91 7.49 7.04 5.51 4.65
Diluted Normalized EPS 6.77 7.27 6.78 5.25 4.43
Rental Expense, Supplemental 3.80 3.40 3.20 2.70 2.00
Advertising Expense, Supplemental 244.21 273.63 250.70 207.93 169.31
Audit-Related Fees, Supplemental 0.65 0.70 0.75 0.54 0.41
Audit-Related Fees 0.08 0.01 0.03 0.04 0.03
Tax Fees, Supplemental 0.07 0.05 0.07 0.08 0.13
All Other Fees Paid to Auditor, Supplemental --
Gross Margin 50.71 52.26 51.50 52.08 54.33
Operating Margin 15.19 16.27 16.23 15.30 16.47
Pretax Margin 15.13 16.15 16.12 15.23 16.46
Effective Tax Rate 36.30 36.51 37.67 37.45 37.74
Net Profit Margin 9.59 10.20 9.99 9.46 10.25
Normalized EBIT 137.12 156.73 148.34 114.66 95.73
Normalized EBITDA 186.68 200.13 183.48 140.56 115.94
Current Tax - Domestic 35.39 42.39 30.60 24.09 27.90
Current Tax - Local 6.11 7.40 8.26 6.72 6.01
Current Tax - Total 41.50 49.79 38.86 30.81 33.91
Deferred Tax - Domestic 7.67 6.28 15.41 11.12 2.28
Deferred Tax - Local 0.61 0.52 0.59 0.22 -0.14
Deferred Tax - Total 8.27 6.80 15.99 11.34 2.14
Other Tax -0.00
Income Tax - Total 49.77 56.60 54.85 42.15 36.05
Interest Cost - Domestic
Service Cost - Domestic
Expected Return on Assets - Domestic
Actuarial Gains and Losses - Domestic
Domestic Pension Plan Expense
Interest Cost - Post-Retirement
Service Cost - Post-Retirement
Actuarial Gains and Losses - Post-Retirement
Post-Retirement Plan Expense
Defined Contribution Expense - Domestic 3.50 3.00 2.80 2.40 1.40
Total Pension Expense 3.50 3.00 2.80 2.40 1.40
Discount Rate - Domestic
Discount Rate - Post-Retirement
Expected Rate of Return - Domestic
Total Plan Interest Cost
Total Plan Service Cost
Total Plan Expected Return