Fundamentals

Fundamentals

Income Statement (Mil)

  Year Ending Dec 2018 (Update)
Net Sales 123.95
Revenue 123.95
Total Revenue 123.95
Cost of Revenue 32.44
Cost of Revenue, Total 32.44
Gross Profit 91.51
Selling/General/Administrative Expense 58.45
Labor & Related Expense 4.44
Selling/General/Administrative Expenses, Total 62.89
Research & Development 22.03
Other Unusual Expense (Income) --
Unusual Expense (Income) --
Other Operating Expense --
Other Operating Expenses, Total --
Total Operating Expense 117.36
Operating Income 6.60
Interest Expense - Non-Operating --
Interest Expense, Net Non-Operating --
Interest Income, Non-Operating --
Investment Income, Non-Operating -0.84
Interest/Investment Income, Non-Operating -0.84
Interest Income (Expense), Net Non-Operating 0.17
Interest Income (Expense), Net-Non-Operating, Total -0.67
Other Non-Operating Income (Expense) 0.72
Other, Net 0.72
Net Income Before Taxes 6.64
Income Tax – Total 1.67
Income After Tax 4.97
Net Income Before Extraordinary Items 4.97
Discontinued Operations --
Extraordinary Item --
Total Extraordinary Items --
Net Income 4.97
Income Available to Common Excluding Extraordinary Items 4.97
Income Available to Common Stocks Including Extraordinary Items 4.97
Basic Weighted Average Shares 42.59
Basic EPS Excluding Extraordinary Items 0.12
Basic EPS Including Extraordinary Items 0.12
Dilution Adjustment --
Diluted Net Income 4.97
Diluted Weighted Average Shares 45.26
Diluted EPS Excluding Extraordinary Items 0.11
Diluted EPS Including Extraordinary Items 0.11
DPS - Common Stock Primary Issue --
Gross Dividends - Common Stock 0.00
Total Special Items --
Normalized Income Before Taxes 6.64
Effect of Special Items on Income Taxes --
Income Taxes Excluding Impact of Special Items 1.67
Normalized Income After Taxes 4.97
Normalized Income Available to Common 4.97
Basic Normalized EPS 0.12
Diluted Normalized EPS 0.11
Amortization of Intangibles, Supplemental 0.03
Depreciation, Supplemental 2.43
Interest Expense, Supplemental --
Rental Expense, Supplemental 2.29
Stock-Based Compensation, Supplemental 6.76
Research & Development Expense, Supplemental 22.03
Audit-Related Fees, Supplemental --
Audit-Related Fees --
Tax Fees, Supplemental --
All Other Fees Paid to Auditor, Supplemental --
Gross Margin 73.83
Operating Margin 5.32
Pretax Margin 5.36
Effective Tax Rate 25.17
Net Profit Margin 4.01
Normalized EBIT 6.60
Normalized EBITDA 9.06
Current Tax - Domestic 0.00
Current Tax - Foreign 1.22
Current Tax - Local 0.01
Current Tax - Total 1.23
Deferred Tax - Domestic 0.00
Deferred Tax - Foreign 0.44
Deferred Tax - Total 0.44
Income Tax - Total 1.67
Interest Cost - Domestic 0.06
Service Cost - Domestic 0.47
Prior Service Cost - Domestic -0.02
Expected Return on Assets - Domestic -0.12
Actuarial Gains and Losses - Domestic 0.11
Domestic Pension Plan Expense 0.51
Interest Cost - Foreign 0.00
Service Cost - Foreign 0.15
Prior Service Cost - Foreign 0.00
Expected Return on Assets - Foreign --
Actuarial Gains and Losses - Foreign -0.00
Curtailments & Settlements - Foreign --
Transition Costs - Foreign 0.01
Foreign Pension Plan Expense 0.17
Defined Contribution Expense - Domestic 1.00
Total Pension Expense 1.67
Discount Rate - Domestic --
Discount Rate - Foreign --
Expected Rate of Return - Domestic --
Compensation Rate - Domestic --
Compensation Rate - Foreign --
Total Plan Interest Cost 0.06
Total Plan Service Cost 0.63
Total Plan Expected Return -0.12