Income Statement | | | | | | | | | | | |
| | | | | | | Original | | | | |
USD | | | Latest | | Year-to-date Ending | |
(in millions) | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | | Dec-24 | | Dec-23 | Dec-24 | |
| FY - 4 | FY - 3 | FY - 2 | FY - 1 | FY | | LTM | | YTD-1 | YTD | |
| | | | | | | | | | | |
Net Revenue | 441 | 472 | 478 | 463 | 506 | | 506 | | 463 | 506 | |
% Growth | NA | 6.9% | 1.4% | -3.3% | 9.3% | | | | | 9.3% | |
| | | | | | | | | | | |
Research and Development | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Selling and Marketing | (6) | (6) | (5) | (5) | (6) | | (6) | | (5) | (6) | |
General and Admin | (240) | (253) | (267) | (278) | (288) | | (288) | | (278) | (288) | |
Other Exp / (Inc) | (40) | (25) | (26) | (26) | (27) | | (27) | | (26) | (27) | |
Total Operating Exp | (287) | (284) | (298) | (309) | (321) | | (321) | | (309) | (321) | |
| | | | | | | | | | | |
Operating Income | 155 | 188 | 180 | 154 | 185 | | 185 | | 154 | 185 | |
% Revenue | 35.0% | 39.9% | 37.7% | 33.2% | 36.5% | | 36.5% | | 33.2% | 36.5% | |
| | | | | | | | | | | |
Interest Expense | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Pre-tax Income | 155 | 188 | 180 | 154 | 185 | | 185 | | 154 | 185 | |
Earnings of Discontinued Ops. | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Provision for Taxes | (27) | (34) | (32) | (27) | (33) | | (33) | | (27) | (33) | |
Net Income to Company | 128 | 154 | 148 | 127 | 151 | | 151 | | 127 | 151 | |
% Margin | 29.0% | 32.6% | 31.0% | 27.4% | 29.9% | | 29.9% | | 27.4% | 29.9% | |
| | | | | | | | | | | |
Minority Interest in Earnings | | | | | | | | | (0) | 0 | |
Net Income to Stockholders | 128 | 154 | 148 | 127 | 151 | | 151 | | 127 | 151 | |
| | | | | | | | | | | |
Preferred Dividends | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Other Adj. | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
| | | | | | | | | | | |
Net Income to Common | 128 | 154 | 148 | 127 | 151 | | 151 | | 127 | 151 | |
% Margin | 29.0% | 32.6% | 31.0% | 27.4% | 29.9% | | 29.9% | | 27.4% | 29.9% | |
| | | | | | | | | | | |
As Reported | | | | | | | | | | | |
Basic EPS (Continuing Ops) | 7.85 | 9.45 | 9.13 | 7.84 | 9.38 | | 9.38 | | 7.84 | 9.38 | |
Diluted EPS (Continuing Ops) | 7.80 | 9.37 | 9.06 | 7.80 | 9.32 | | 9.32 | | 7.80 | 9.32 | |
| | | | | | | | | | | |
WA Basic Shares Out. | 16 | 16 | 16 | 16 | 16 | | 16 | | 16 | 16 | |
WA Diluted Shares Out. | 16 | 16 | 16 | 16 | 16 | | 16 | | 16 | 16 | |
| | | | | | | | | | | |
Unusual Items Reconciliation | | | | | | | | | | | |
Addback: Other Non Operating Expenses, Total | 9 | 8 | 7 | 9 | 8 | | 8 | | 9 | 8 | |
Addback: Restructuring Charges | 4 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Goodwill Impairment | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Gain (Loss) On Sale Of Invest. | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Gain (Loss) On Sale Of Assets | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Asset Writedown | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: In Process R&D Expenses | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Insurance Settlements | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Legal Settlements | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Other Unusual Items | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Total Unusual Items | 13 | 8 | 7 | 9 | 8 | | 8 | | 9 | 8 | |
% Margin | 3.0% | 1.6% | 1.4% | 1.9% | 1.6% | | 1.6% | | 1.9% | 1.6% | |
| | | | | | | | | | | |
Adjusted Net Income Reconciliation | | | | | | | | | | | |
Net Income to Company | 128 | 154 | 148 | 127 | 151 | | 151 | | 127 | 151 | |
Addback: Unusual Items | 4 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Less: Tax Benefit of Unusual Items (26%) | (1) | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Adjusted Net Income | 131 | 154 | 148 | 127 | 151 | | 151 | | 127 | 151 | |
% Margin | 29.7% | 32.6% | 31.0% | 27.4% | 29.9% | | 29.9% | | 27.4% | 29.9% | |
| | | | | | | | | | | |
Adjusted Basic EPS | 8.05 | 9.45 | 9.13 | 7.84 | 9.38 | | 9.38 | | 7.84 | 9.38 | |