Financial Fundamentals

Income Statement

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Period Ended As of
7/31/2011
As of
7/31/2010
As of
7/31/2009
As of
7/31/2008
As of
7/31/2007
Net Sales1,339.601,259.101,208.701,523.021,362.63
Revenue1,339.601,259.101,208.701,523.021,362.63
Total Revenue1,339.601,259.101,208.701,523.021,362.63
Cost of Revenue683.40635.80631.12778.82705.59
Cost of Revenue, Total683.40635.80631.12778.82705.59
Gross Profit656.20623.30577.58744.20657.04
Selling/General/Administrative Expense441.82435.91397.18495.90449.10
Selling/General/Admin. Expenses, Total441.82435.91397.18495.90449.10
Research & Development43.0042.6234.1840.6135.95
Restructuring Charge9.1915.3125.85.00.00
Unusual Expense (Income)9.1915.3125.85.00.00
Total Operating Expense1,177.411,129.641,088.331,315.331,190.64
Operating Income162.19129.46120.37207.68171.99
Interest Expense - Non-Operating-22.12-21.22-24.90-26.39-22.93
Interest Expense, Net Non-Operating-22.12-21.22-24.90-26.39-22.93
Investment Income - Non-Operating3.991.171.804.892.88
Interest/Invest Income - Non-Operating3.991.171.804.892.88
Interest Inc.(Exp.),Net-Non-Op., Total-18.13-20.05-23.10-21.50-20.06
Net Income Before Taxes144.06109.4097.27186.19151.93
Provision for Income Taxes35.4127.4527.1554.0042.54
Net Income After Taxes108.6581.9670.12132.19109.39
Net Income Before Extra. Items108.6581.9670.12132.19109.39
Net Income108.6581.9670.12132.19109.39
Preferred Dividends-.83-.83-.83----
Miscellaneous Earnings Adjustment-.22-.15-.14-.10--
Total Adjustments to Net Income-1.05-.97-.98-.10--
Income Available to Com Excl ExtraOrd107.6080.9869.14132.09109.39
Income Available to Com Incl ExtraOrd107.6080.9869.14132.09109.39
Basic Weighted Average Shares52.6452.4052.5654.1753.91
Basic EPS Excluding Extraordinary Items2.041.551.322.442.03
Basic EPS Including Extraordinary Items2.041.551.322.442.03
Dilution Adjustment.00.00.00.00.00
Diluted Net Income107.6080.9869.14132.09109.39
Diluted Weighted Average Shares53.1352.9552.8754.8754.74
Diluted EPS Excluding ExtraOrd Items2.031.531.312.412.00
Diluted EPS Including ExtraOrd Items2.031.531.312.412.00
DPS - Common Stock Primary Issue.72.70.68.60.56
Dividends per Share - Com Stock Issue 2.70.68.66.58.54
Gross Dividends - Common Stock38.0636.7930.1432.4630.14
Stock-Based Compensation, Supplemental9.839.727.7310.236.91
Interest Expense, Supplemental22.1221.2224.9026.3922.93
Depreciation, Supplemental29.0031.5632.0235.1731.97
Total Special Items9.1915.3125.85.00.00
Normalized Income Before Taxes153.25124.72123.12186.19151.93
Effect of Special Items on Income Taxes2.263.847.21.00.00
Inc Tax Ex Impact of Sp Items37.6631.2934.3654.0042.54
Normalized Income After Taxes115.5893.4388.76132.19109.39
Normalized Inc. Avail to Com.114.5392.4587.78132.09109.39
Basic Normalized EPS2.181.761.672.442.03
Diluted Normalized EPS2.161.751.662.412.00
Amort of Intangibles, Supplemental19.8321.4622.8325.4221.88
Rental Expense, Supplemental22.2123.7125.9727.4422.78
Advertising Expense, Supplemental79.3372.0077.4085.9175.45
Research & Development Exp, Supplemental43.0042.6234.1840.6135.95
Audit-Related Fees1.371.431.381.722.07
Tax Fees1.431.271.732.102.30
All Other Fees.28.28.34.40.20
Reported Gross Profit656.20----744.20657.04
Reported Operating Profit162.19----207.68171.99
Gross Margin48.9849.5047.7948.8648.22
Operating Margin12.1110.289.9613.6412.62
Pretax Margin10.758.698.0512.2211.15
Effective Tax Rate24.5825.0927.9129.0028.00
Net Profit Margin8.036.435.728.678.03
Normalized EBIT171.38144.77146.22207.68171.99
Normalized EBITDA220.21197.79201.07268.27225.84
Current Tax - Domestic.401.011.081.022.34
Current Tax - Foreign37.3832.8031.2241.7934.84
Current Tax - Local5.78.473.4913.945.44
Current Tax - Total43.5734.2835.7956.7642.61
Deferred Tax - Domestic.75-.29.69.011.35
Deferred Tax - Foreign-3.75-1.94-1.69-2.79-4.15
Deferred Tax - Local-5.16-4.60-7.63.032.73
Deferred Tax - Total-8.16-6.83-8.64-2.76-.07
Income Tax - Total35.4127.4527.1554.0042.54
Interest Cost - Post-Retirement.69.80.84.77.80
Service Cost - Post-Retirement.67.66.67.92.97
Prior Service Cost - Post-Retirement-.08-.06-.07-.03-.03
Actuarial Gains and Losses - Post-Retir.-.08-.21-.31-.30-.12
Curtailments & Settlements - Post-Retir..00.00.39.00--
Post-Retirement Plan Expense1.201.191.531.361.61
Defined Contribution Expense - Domestic14.9112.5511.7717.2814.99
Total Pension Expense16.1113.7313.2918.6416.60
Discount Rate - Post-Retirement4.505.506.806.306.00
Total Plan Interest Cost.69.80.84.77.80
Total Plan Service Cost.67.66.67.92.97


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