Fundamentals - Annual Income Statement

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update) Year Ending Dec 2013 (Update)
Gross Revenue 921.74 968.99 1.02M 966.48 793.71
Sales Returns and Allowances
Excise Tax Receipts -58.74 -62.55 -64.11 -63.47 -54.65
Revenue 862.99 906.45 959.93 903.01 739.05
Total Revenue 862.99 906.45 959.93 903.01 739.05
Cost of Revenue 413.09 446.78 458.32 438.00 354.13
Cost of Revenue, Total 413.09 446.78 458.32 438.00 354.13
Gross Profit 449.90 459.67 501.62 465.01 384.92
Selling/General/Administrative Expense 73.13 78.03 71.56 65.97 62.33
Advertising Expense 258.65 244.21 273.63 250.70 207.93
Selling/General/Administrative Expenses, Total 331.78 322.25 345.19 316.67 270.26
Litigation --
Impairment-Assets Held for Use 2.45 -0.24 0.26 1.78 1.57
Unusual Expense (Income) 2.45 -0.24 0.26 1.78 1.57
Total Operating Expense 747.32 768.79 803.76 756.44 625.96
Operating Income 115.68 137.66 156.17 146.57 113.09
Interest Income, Non-Operating 0.55 0.17 0.06 0.02 0.03
Interest/Investment Income, Non-Operating 0.55 0.17 0.06 0.02 0.03
Interest Income (Expense), Net-Non-Operating, Total 0.55 0.17 0.06 0.02 0.03
Other Non-Operating Income (Expense) -0.08 -0.71 -1.22 -0.99 -0.58
Other, Net -0.08 -0.71 -1.22 -0.99 -0.58
Net Income Before Taxes 116.14 137.12 155.01 145.59 112.54
Income Tax – Total 37.39 49.77 56.60 54.85 42.15
Income After Tax 78.75 87.35 98.41 90.74 70.39
Net Income Before Extraordinary Items 78.75 87.35 98.41 90.74 70.39
Extraordinary Item 20.30
Total Extraordinary Items 20.30
Net Income 99.05 87.35 98.41 90.74 70.39
Miscellaneous Earnings Adjustment -0.54 -0.44 -0.46 -0.51 -0.51
Total Adjustments to Net Income -0.54 -0.44 -0.46 -0.51 -0.51
Income Available to Common Excluding Extraordinary Items 78.21 86.91 97.95 90.23 69.88
Income Available to Common Stocks Including Extraordinary Items 98.51 86.91 97.95 90.23 69.88
Basic Weighted Average Shares 12.04 12.53 13.12 12.97 12.86
Basic EPS Excluding Extraordinary Items 6.50 6.93 7.46 6.96 5.43
Basic EPS Including Extraordinary Items 8.18 6.93 7.46 6.96 5.43
Dilution Adjustment 0.01 0.01 0.01 0.02 0.03
Diluted Net Income 98.51 86.92 97.97 90.25 69.91
Diluted Weighted Average Shares 12.18 12.80 13.52 13.48 13.50
Diluted EPS Excluding Extraordinary Items 6.42 6.79 7.25 6.69 5.18
Diluted EPS Including Extraordinary Items 8.09 6.79 7.25 6.69 5.18
DPS - Common Stock Primary Issue -- --
Dividend per Share – Common Stock Issue 2
Gross Dividends - Common Stock -- -- -- -- --
(Gain) Loss on Sale of Assets, Supplemental -1.00 -1.00
Impairment-Assets Held for Use, Supplemental 2.50 0.70 0.30
Non-Recurring Items, Total 1.50 -0.30 0.30
Total Special Items 3.95 -0.54 0.56 1.78 1.57
Normalized Income Before Taxes 120.09 136.59 155.57 147.37 114.11
Effect of Special Items on Income Taxes 1.27 -0.19 0.20 0.67 0.59
Income Taxes Excluding Impact of Special Items 38.67 49.58 56.80 55.52 42.74
Normalized Income After Taxes 81.43 87.01 98.77 91.85 71.37
Normalized Income Available to Common 80.88 86.57 98.31 91.34 70.86
Basic Normalized EPS 6.72 6.91 7.49 7.04 5.51
Diluted Normalized EPS 6.64 6.77 7.27 6.78 5.25
Depreciation, Supplemental 51.26 49.56 43.40 35.14 25.90
Rental Expense, Supplemental 3.40 3.80 3.40 3.20 2.70
Stock-Based Compensation, Supplemental 6.32 6.15 6.67 6.86 7.32
Advertising Expense, Supplemental 258.65 244.21 273.63 250.70 207.93
Audit-Related Fees, Supplemental 0.64 0.65 0.70 0.75 0.54
Audit-Related Fees 0.08 0.08 0.01 0.03 0.04
Tax Fees, Supplemental 0.07 0.07 0.05 0.07 0.08
All Other Fees Paid to Auditor, Supplemental
Gross Margin 52.13 50.71 52.26 51.50 52.08
Operating Margin 13.40 15.19 16.27 16.23 15.30
Pretax Margin 13.46 15.13 16.15 16.12 15.23
Effective Tax Rate 32.20 36.30 36.51 37.67 37.45
Net Profit Margin 9.06 9.59 10.20 9.99 9.46
Normalized EBIT 119.63 137.12 156.73 148.34 114.66
Normalized EBITDA 170.88 186.68 200.13 183.48 140.56
Current Tax - Domestic 34.26 35.39 42.39 30.60 24.09
Current Tax - Local 5.23 6.11 7.40 8.26 6.72
Current Tax - Total 39.48 41.50 49.79 38.86 30.81
Deferred Tax - Domestic -2.19 7.67 6.28 15.41 11.12
Deferred Tax - Local 0.10 0.61 0.52 0.59 0.22
Deferred Tax - Total -2.09 8.27 6.80 15.99 11.34
Other Tax
Income Tax - Total 37.39 49.77 56.60 54.85 42.15
Defined Contribution Expense - Domestic 3.20 3.50 3.00 2.80 2.40
Total Pension Expense 3.20 3.50 3.00 2.80 2.40