Fundamentals - Income Statement

  Year Ending Mar 2022 (Update) Year Ending Mar 2021 (Update) Year Ending Mar 2020 (Update) Year Ending Mar 2019 (Update) Year Ending Mar 2018 (Update)
Net Sales 3,504.80 3,372.77 3,088.97 2,668.39 1,792.89
Revenue 3,504.80 3,372.77 3,088.97 2,668.39 1,792.89
Total Revenue 3,504.80 3,372.77 3,088.97 2,668.39 1,792.89
Cost of Revenue 1,464.79 1,535.09 1,542.45 1,523.64 898.31
Cost of Revenue, Total 1,464.79 1,535.09 1,542.45 1,523.64 898.31
Gross Profit 2,040.01 1,837.69 1,546.52 1,144.75 894.58
Selling/General/Administrative Expense 628.27 515.81 418.77 347.73 283.90
Labor & Related Expense 96.47 75.18 72.29 75.59 71.30
Advertising Expense 297.30 241.07 285.61 249.32 140.62
Selling/General/Administrative Expenses, Total 1,022.03 832.05 776.66 672.63 495.81
Research & Development 401.08 310.65 290.22 223.73 189.88
Depreciation 59.05 54.84 47.63 39.73 32.20
Amortization of Intangibles, Operating 12.79 11.04 6.67 6.94 15.11
Depreciation/Amortization 71.84 65.88 54.29 46.67 47.31
Purchased R&D Written-Off -- -- -- -- 11.26
Restructuring Charge 0.85 -0.27 0.08 -4.96 14.74
Impairment-Assets Held for Use 70.61 -- -- -- --
Other Unusual Expense (Income) -- -- -- -- --
Unusual Expense (Income) 71.46 -0.27 0.08 -4.96 26.00
Other, Net -- 0.00 -- -- --
Other Operating Expenses, Total -- 0.00 -- -- --
Total Operating Expense 3,031.21 2,743.39 2,663.70 2,461.72 1,657.32
Operating Income 473.60 629.38 425.27 206.67 135.58
Interest Expense - Non-Operating -18.63 -6.21 -2.64 -8.03 -22.27
Interest Expense, Net Non-Operating -18.63 -6.21 -2.64 -8.03 -22.27
Interest Income, Non-Operating 17.62 18.70 47.34 38.02 21.26
Investment Income, Non-Operating -1.27 36.78 -9.88 -0.51 -3.04
Interest/Investment Income, Non-Operating 16.35 55.48 37.46 37.51 18.23
Interest Income (Expense), Net Non-Operating -- 3.58 0.96 -- --
Interest Income (Expense), Net-Non-Operating, Total -2.28 52.86 35.78 29.48 -4.04
Gain (Loss) on Sale of Assets -- -- -- -- --
Other Non-Operating Income (Expense) -5.92 -4.43 -2.61 -3.37 5.09
Other, Net -5.92 -4.43 -2.61 -3.37 5.09
Net Income Before Taxes 465.40 677.82 458.44 232.79 136.63
Income Tax – Total 47.38 88.93 53.98 -96.50 -48.78
Income After Tax 418.02 588.89 404.46 329.28 185.41
Net Income Before Extraordinary Items 418.02 588.89 404.46 329.28 185.41
Discontinued Operations -- -- -- -- --
Extraordinary Item -- -- -- 4.55 -11.88
Total Extraordinary Items -- -- -- 4.55 -11.88
Net Income 418.02 588.89 404.46 333.84 173.53
Miscellaneous Earnings Adjustment -- -- 0.00 0.00 -0.16
Total Adjustments to Net Income -- -- 0.00 0.00 -0.16
Income Available to Common Excluding Extraordinary Items 418.02 588.89 404.46 329.28 185.25
Income Available to Common Stocks Including Extraordinary Items 418.02 588.89 404.46 333.84 173.37
Basic Weighted Average Shares 115.49 114.60 113.10 113.18 110.11
Basic EPS Excluding Extraordinary Items 3.62 5.14 3.58 2.91 1.68
Basic EPS Including Extraordinary Items 3.62 5.14 3.58 2.95 1.57
Dilution Adjustment -- -- -- -- --
Diluted Net Income 418.02 588.89 404.46 333.84 173.37
Diluted Weighted Average Shares 116.78 115.74 114.14 115.20 112.76
Diluted EPS Excluding Extraordinary Items 3.58 5.09 3.54 2.86 1.64
Diluted EPS Including Extraordinary Items 3.58 5.09 3.54 2.90 1.54
DPS - Common Stock Primary Issue -- -- -- -- --
Gross Dividends - Common Stock 0.00 0.00 0.00 0.00 0.00
Impairment-Assets Held for Use, Supplemental -- 39.07 0.00 7.43 1.06
Other Unusual Expense (Income), Supplemental -- -- -- -- -4.90
Non-Recurring Items, Total -- 39.07 0.00 7.43 -3.84
Total Special Items 71.46 38.80 0.08 2.47 22.16
Normalized Income Before Taxes 536.86 716.62 458.52 235.25 158.78
Effect of Special Items on Income Taxes 7.27 5.09 0.01 0.86 3.82
Income Taxes Excluding Impact of Special Items 54.65 94.02 53.99 -95.64 -44.97
Normalized Income After Taxes 482.21 622.60 404.53 330.89 203.75
Normalized Income Available to Common 482.21 622.60 404.53 330.89 203.59
Basic Normalized EPS 4.18 5.43 3.58 2.92 1.85
Diluted Normalized EPS 4.13 5.38 3.54 2.87 1.81
Amortization of Intangibles, Supplemental 218.10 176.50 188.92 217.67 111.66
Depreciation, Supplemental 61.20 56.31 47.63 39.73 32.20
Interest Expense, Supplemental 19.08 6.56 2.91 8.03 22.27
Rental Expense, Supplemental 46.25 37.30 32.15 29.20 25.30
Stock-Based Compensation, Supplemental 182.97 110.47 257.88 247.70 113.93
Advertising Expense, Supplemental 297.30 241.07 285.61 249.32 140.62
Research & Development Expense, Supplemental 401.08 310.65 290.22 223.73 189.88
Audit-Related Fees, Supplemental -- 3.60 3.61 3.39 3.25
Audit-Related Fees -- 0.01 0.10 0.08 0.19
Tax Fees, Supplemental -- 1.22 1.29 1.24 1.94
Gross Margin 58.21 54.49 50.07 42.90 49.90
Operating Margin 13.51 18.66 13.77 7.75 7.56
Pretax Margin 13.28 20.10 14.84 8.72 7.62
Effective Tax Rate 10.18 13.12 11.77 -41.45 -35.71
Net Profit Margin 11.93 17.46 13.09 12.34 10.33
Normalized EBIT 545.06 668.19 425.35 209.14 157.74
Normalized EBITDA 824.35 901.00 661.89 466.54 301.60
Current Tax - Domestic 12.00 18.42 26.56 12.79 -25.41
Current Tax - Foreign 24.06 27.33 10.06 22.27 4.21
Current Tax - Local -0.59 6.03 3.58 2.86 -1.27
Current Tax - Total 35.48 51.78 40.20 37.92 -22.46
Deferred Tax - Domestic 34.76 43.64 45.08 -128.32 -7.33
Deferred Tax - Foreign -25.79 -7.56 -32.61 3.05 -19.19
Deferred Tax - Local 2.93 1.07 1.32 -9.16 0.20
Deferred Tax - Total 11.90 37.15 13.78 -134.42 -26.32
Income Tax - Total 47.38 88.93 53.98 -96.50 -48.78
Defined Contribution Expense - Domestic 22.45 17.70 14.07 10.88 9.59
Total Pension Expense 22.45 17.70 14.07 10.88 9.59

In millions of USD (except for per share items)

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