Fundamentals - Income Statement

  Year Ending Mar 2021 (Update) Year Ending Mar 2020 (Update) Year Ending Mar 2019 (Update) Year Ending Mar 2018 (Update) Year Ending Mar 2017 (Update)
Net Sales 3,372.77 3,088.97 2,668.39 1,792.89 1,779.75
Revenue 3,372.77 3,088.97 2,668.39 1,792.89 1,779.75
Total Revenue 3,372.77 3,088.97 2,668.39 1,792.89 1,779.75
Cost of Revenue 1,535.09 1,542.45 1,523.64 898.31 1,022.96
Cost of Revenue, Total 1,535.09 1,542.45 1,523.64 898.31 1,022.96
Gross Profit 1,837.69 1,546.52 1,144.75 894.58 756.79
Selling/General/Administrative Expense 515.81 418.77 347.73 283.90 268.55
Labor & Related Expense 75.18 72.29 75.59 71.30 52.87
Advertising Expense 241.07 285.61 249.32 140.62 173.95
Selling/General/Administrative Expenses, Total 832.05 776.66 672.63 495.81 495.37
Research & Development 310.65 290.22 223.73 189.88 136.93
Depreciation 54.84 47.63 39.73 32.20 30.63
Amortization of Intangibles, Operating 11.04 6.67 6.94 15.11 2.56
Depreciation/Amortization 65.88 54.29 46.67 47.31 33.19
Purchased R&D Written-Off -- -- -- 11.26 --
Restructuring Charge -0.27 0.08 -4.96 14.74 0.00
Other Unusual Expense (Income) -- -- -- -- --
Unusual Expense (Income) -0.27 0.08 -4.96 26.00 0.00
Other, Net 0.00 -- -- -- --
Other Operating Expenses, Total 0.00 -- -- -- --
Total Operating Expense 2,743.39 2,663.70 2,461.72 1,657.32 1,688.44
Operating Income 629.38 425.27 206.67 135.58 91.31
Interest Expense - Non-Operating -6.21 -2.64 -8.03 -22.27 --
Interest Expense, Net Non-Operating -6.21 -2.64 -8.03 -22.27 --
Interest Income, Non-Operating 18.70 47.34 38.02 21.26 7.87
Investment Income, Non-Operating 36.78 -9.88 -0.51 -3.04 6.34
Interest/Investment Income, Non-Operating 55.48 37.46 37.51 18.23 14.21
Interest Income (Expense), Net Non-Operating 3.58 0.96 -- -- -29.57
Interest Income (Expense), Net-Non-Operating, Total 52.86 35.78 29.48 -4.04 -15.36
Gain (Loss) on Sale of Assets -- -- -- -- --
Other Non-Operating Income (Expense) -4.43 -2.61 -3.37 5.09 1.02
Other, Net -4.43 -2.61 -3.37 5.09 1.02
Net Income Before Taxes 677.82 458.44 232.79 136.63 76.97
Income Tax – Total 88.93 53.98 -96.50 -48.78 9.66
Income After Tax 588.89 404.46 329.28 185.41 67.30
Net Income Before Extraordinary Items 588.89 404.46 329.28 185.41 67.30
Discontinued Operations -- -- -- -- --
Extraordinary Item -- -- 4.55 -11.88 --
Total Extraordinary Items -- -- 4.55 -11.88 --
Net Income 588.89 404.46 333.84 173.53 67.30
Miscellaneous Earnings Adjustment -- 0.00 0.00 -0.16 -1.28
Total Adjustments to Net Income -- 0.00 0.00 -0.16 -1.28
Income Available to Common Excluding Extraordinary Items 588.89 404.46 329.28 185.25 66.03
Income Available to Common Stocks Including Extraordinary Items 588.89 404.46 333.84 173.37 66.03
Basic Weighted Average Shares 114.60 113.10 113.18 110.11 90.18
Basic EPS Excluding Extraordinary Items 5.14 3.58 2.91 1.68 0.73
Basic EPS Including Extraordinary Items 5.14 3.58 2.95 1.57 0.73
Dilution Adjustment -- -- -- -- 0.03
Diluted Net Income 588.89 404.46 333.84 173.37 66.06
Diluted Weighted Average Shares 115.74 114.14 115.20 112.76 92.33
Diluted EPS Excluding Extraordinary Items 5.09 3.54 2.86 1.64 0.72
Diluted EPS Including Extraordinary Items 5.09 3.54 2.90 1.54 0.72
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 20.17
Restructuring Charge, Supplemental -- -- -- -- --
Other Unusual Expense (Income), Supplemental -- -- -- -4.90 --
Non-Recurring Items, Total 39.07 0.00 7.43 -3.84 20.17
Total Special Items 38.80 0.08 2.47 22.16 20.17
Normalized Income Before Taxes 716.62 458.52 235.25 158.78 97.13
Effect of Special Items on Income Taxes 5.09 0.01 0.86 3.82 2.53
Income Taxes Excluding Impact of Special Items 94.02 53.99 -95.64 -44.97 12.19
Normalized Income After Taxes 622.60 404.53 330.89 203.75 84.94
Normalized Income Available to Common 622.60 404.53 330.89 203.59 83.66
Basic Normalized EPS 5.43 3.58 2.92 1.85 0.93
Diluted Normalized EPS 5.38 3.54 2.87 1.81 0.91
Amortization of Intangibles, Supplemental 176.50 188.92 217.67 111.66 208.29
Depreciation, Supplemental 56.31 47.63 39.73 32.20 30.71
Interest Expense, Supplemental 6.56 2.91 8.03 22.27 --
Rental Expense, Supplemental 37.30 32.15 29.20 25.30 19.55
Stock-Based Compensation, Supplemental 110.47 257.88 247.70 113.93 81.88
Advertising Expense, Supplemental 241.07 285.61 249.32 140.62 173.95
Research & Development Expense, Supplemental 310.65 290.22 223.73 189.88 136.93
Audit-Related Fees, Supplemental 3.60 3.61 3.39 3.25 3.12
Audit-Related Fees 0.01 0.10 0.08 0.19 0.06
Tax Fees, Supplemental 1.22 1.29 1.24 1.94 1.42
Gross Margin 54.49 50.07 42.90 49.90 42.52
Operating Margin 18.66 13.77 7.75 7.56 5.13
Pretax Margin 20.10 14.84 8.72 7.62 4.32
Effective Tax Rate 13.12 11.77 -41.45 -35.71 12.55
Net Profit Margin 17.46 13.09 12.34 10.33 3.71
Normalized EBIT 668.19 425.35 209.14 157.74 111.47
Normalized EBITDA 901.00 661.89 466.54 301.60 350.47
Current Tax - Domestic 18.42 26.56 12.79 -25.41 19.27
Current Tax - Foreign 27.33 10.06 22.27 4.21 -13.01
Current Tax - Local 6.03 3.58 2.86 -1.27 2.52
Current Tax - Total 51.78 40.20 37.92 -22.46 8.78
Deferred Tax - Domestic 43.64 45.08 -128.32 -7.33 0.97
Deferred Tax - Foreign -7.56 -32.61 3.05 -19.19 -2.48
Deferred Tax - Local 1.07 1.32 -9.16 0.20 2.40
Deferred Tax - Total 37.15 13.78 -134.42 -26.32 0.88
Income Tax - Total 88.93 53.98 -96.50 -48.78 9.66
Defined Contribution Expense - Domestic 17.70 14.07 10.88 9.59 8.02
Total Pension Expense 17.70 14.07 10.88 9.59 8.02

In millions of USD (except for per share items)

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