Income Statement | | | | | | | | | | | | | |
| | | | | | | | | | | | Original | |
USD | Fiscal Year Ending | | Latest | |
(in millions) | Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | | Dec-24 | |
| FY - 9 | FY - 8 | FY - 7 | FY - 6 | FY - 5 | FY - 4 | FY - 3 | FY - 2 | FY - 1 | FY | | LTM | |
| | | | | | | | | | | | | |
Net Revenue | 1,417 | 1,538 | 1,716 | 1,937 | 2,101 | 2,275 | 2,772 | 2,721 | 2,814 | 3,152 | | 3,152 | |
% Growth | NA | 8.5% | 11.6% | 12.9% | 8.4% | 8.3% | 21.8% | -1.8% | 3.4% | 12.0% | | | |
| | | | | | | | | | | | | |
Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Selling and Marketing | (275) | (273) | (298) | (335) | (357) | (377) | (522) | (463) | (457) | (573) | | (573) | |
General and Admin | (123) | (132) | (147) | (168) | (179) | (188) | (203) | (235) | (235) | (256) | | (256) | |
Other Exp / (Inc) | (682) | (748) | (836) | (951) | (1,011) | (1,117) | (1,311) | (1,213) | (1,257) | (1,296) | | (1,296) | |
Total Operating Exp | (1,080) | (1,153) | (1,281) | (1,455) | (1,547) | (1,682) | (2,036) | (1,912) | (1,950) | (2,125) | | (2,125) | |
| | | | | | | | | | | | | |
Operating Income | 338 | 385 | 435 | 482 | 554 | 593 | 736 | 810 | 864 | 1,027 | | 1,027 | |
% Revenue | 23.8% | 25.0% | 25.3% | 24.9% | 26.4% | 26.1% | 26.6% | 29.8% | 30.7% | 32.6% | | 32.6% | |
| | | | | | | | | | | | | |
Interest Expense | (47) | (48) | (55) | (66) | (77) | (86) | (93) | (91) | (92) | (88) | | (88) | |
Pre-tax Income | 291 | 338 | 380 | 416 | 477 | 507 | 644 | 719 | 772 | 939 | | 939 | |
Earnings of Discontinued Ops. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (88) | (15) | (250) | | (250) | |
Provision for Taxes | (101) | (118) | (29) | (92) | (111) | (121) | (168) | (164) | (181) | (219) | | (219) | |
Net Income to Company | 190 | 219 | 350 | 324 | 366 | 386 | 476 | 467 | 577 | 471 | | 471 | |
% Margin | 13.4% | 14.3% | 20.4% | 16.7% | 17.4% | 17.0% | 17.2% | 17.2% | 20.5% | 14.9% | | 14.9% | |
| | | | | | | | | | | | | |
Minority Interest in Earnings | | | | | | | 1 | 5 | | | | | |
Net Income to Stockholders | 190 | 219 | 350 | 324 | 366 | 386 | 477 | 472 | 577 | 471 | | 471 | |
| | | | | | | | | | | | | |
Preferred Dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Other Adj. | (2) | (2) | (3) | (2) | (2) | (2) | (2) | 86 | 12 | 248 | | 248 | |
| | | | | | | | | | | | | |
Net Income to Common | 188 | 218 | 348 | 322 | 365 | 384 | 475 | 558 | 589 | 718 | | 718 | |
% Margin | 13.3% | 14.1% | 20.3% | 16.6% | 17.4% | 16.9% | 17.2% | 20.5% | 20.9% | 22.8% | | 22.8% | |
| | | | | | | | | | | | | |
As Reported | | | | | | | | | | | | | |
Basic EPS (Continuing Ops) | 3.70 | 4.59 | 7.63 | 7.35 | 8.65 | 9.60 | 12.03 | 14.68 | 16.37 | 21.04 | | 21.04 | |
Diluted EPS (Continuing Ops) | 3.70 | 4.59 | 7.61 | 7.33 | 8.62 | 9.57 | 11.99 | 14.63 | 16.34 | 21.01 | | 21.01 | |
| | | | | | | | | | | | | |
WA Basic Shares Out. | 51 | 47 | 46 | 44 | 42 | 40 | 40 | 38 | 36 | 34 | | 34 | |
WA Diluted Shares Out. | 51 | 47 | 46 | 44 | 42 | 40 | 40 | 38 | 36 | 34 | | 34 | |
| | | | | | | | | | | | | |
Unusual Items Reconciliation | | | | | | | | | | | | | |
Addback: Other Non Operating Expenses, Total | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Restructuring Charges | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 0 | 0 | 0 | | 0 | |
Addback: Goodwill Impairment | 0 | 0 | 0 | 0 | 0 | 0 | 76 | 0 | 0 | 0 | | 0 | |
Addback: Gain (Loss) On Sale Of Invest. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Gain (Loss) On Sale Of Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Asset Writedown | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: In Process R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Insurance Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Legal Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Other Unusual Items | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 0 | 0 | 0 | | 0 | |
Total Unusual Items | 0 | 0 | 0 | 0 | 0 | 0 | 98 | 0 | 0 | 0 | | 0 | |
% Margin | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 3.5% | 0.0% | 0.0% | 0.0% | | 0.0% | |
| | | | | | | | | | | | | |
Adjusted Net Income Reconciliation | | | | | | | | | | | | | |
Net Income to Company | 190 | 219 | 350 | 324 | 366 | 386 | 476 | 467 | 577 | 471 | | 471 | |
Addback: Unusual Items | 0 | 0 | 0 | 0 | 0 | 0 | 98 | 0 | 0 | 0 | | 0 | |
Less: Tax Benefit of Unusual Items (26%) | 0 | 0 | 0 | 0 | 0 | 0 | (25) | 0 | 0 | 0 | | 0 | |
Adjusted Net Income | 190 | 219 | 350 | 324 | 366 | 386 | 548 | 467 | 577 | 471 | | 471 | |
% Margin | 13.4% | 14.3% | 20.4% | 16.7% | 17.4% | 17.0% | 19.8% | 17.2% | 20.5% | 14.9% | | 14.9% | |