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 | 44 | 43 | 51 | 60 | 70 | 71 | 93 | 89 | 94 | 68 | | 68 | |
% Growth | NA | -0.9% | 19.1% | 16.5% | 16.7% | 1.2% | 31.5% | -3.9% | 5.2% | -27.3% | | | |
| | | | | | | | | | | | | |
Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Selling and Marketing | (1) | (1) | (1) | (1) | (1) | (1) | (1) | (1) | (1) | (1) | | (1) | |
General and Admin | (28) | (29) | (33) | (37) | (41) | (46) | (52) | (52) | (51) | (45) | | (45) | |
Other Exp / (Inc) | (3) | (3) | (2) | (4) | (6) | (11) | (7) | (6) | (7) | (8) | | (8) | |
Total Operating Exp | (32) | (33) | (36) | (41) | (48) | (58) | (61) | (60) | (59) | (54) | | (54) | |
| | | | | | | | | | | | | |
Operating Income | 12 | 10 | 16 | 19 | 22 | 13 | 32 | 30 | 35 | 14 | | 14 | |
% Revenue | 26.6% | 23.6% | 30.5% | 31.1% | 31.8% | 18.1% | 34.3% | 33.0% | 36.9% | 20.9% | | 20.9% | |
| | | | | | | | | | | | | |
Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Pre-tax Income | 12 | 10 | 16 | 19 | 22 | 13 | 32 | 30 | 35 | 14 | | 14 | |
Earnings of Discontinued Ops. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Provision for Taxes | (4) | (2) | (5) | (2) | (5) | (2) | (8) | (7) | (10) | (2) | | (2) | |
Net Income to Company | 8 | 8 | 10 | 16 | 17 | 11 | 24 | 22 | 25 | 12 | | 12 | |
% Margin | 18.0% | 19.2% | 20.4% | 27.3% | 24.3% | 15.9% | 25.8% | 25.0% | 26.1% | 17.5% | | 17.5% | |
| | | | | | | | | | | | | |
Minority Interest in Earnings | | | | | | | | | | | | | |
Net Income to Stockholders | 8 | 8 | 10 | 16 | 17 | 11 | 24 | 22 | 25 | 12 | | 12 | |
| | | | | | | | | | | | | |
Preferred Dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Other Adj. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
| | | | | | | | | | | | | |
Net Income to Common | 8 | 8 | 10 | 16 | 17 | 11 | 24 | 22 | 25 | 12 | | 12 | |
% Margin | 18.0% | 19.2% | 20.4% | 27.3% | 24.3% | 15.9% | 25.8% | 25.0% | 26.1% | 17.5% | | 17.5% | |
| | | | | | | | | | | | | |
As Reported | | | | | | | | | | | | | |
Basic EPS (Continuing Ops) | 1.85 | 1.93 | 2.21 | 3.40 | 3.47 | 2.15 | 4.41 | 4.07 | 4.49 | 2.16 | | 2.16 | |
Diluted EPS (Continuing Ops) | 1.82 | 1.90 | 2.16 | 3.32 | 3.42 | 2.13 | 4.37 | 4.04 | 4.48 | 2.16 | | 2.16 | |
| | | | | | | | | | | | | |
WA Basic Shares Out. | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | | 6 | |
WA Diluted Shares Out. | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 6 | 5 | 6 | | 6 | |
| | | | | | | | | | | | | |
Unusual Items Reconciliation | | | | | | | | | | | | | |
Addback: Other Non Operating Expenses, Total | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 1 | | 1 | |
Addback: Restructuring Charges | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | 6 | 0 | 0 | 0 | 2 | | 2 | |
Addback: Goodwill Impairment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | (1) | 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 | 0 | 0 | 0 | 0 | | 0 | |
Total Unusual Items | (0) | 1 | 1 | 1 | 1 | 8 | 2 | 1 | 2 | 3 | | 3 | |
% Margin | -0.3% | 1.7% | 1.7% | 2.2% | 1.6% | 10.7% | 1.8% | 1.6% | 1.9% | 4.4% | | 4.4% | |
| | | | | | | | | | | | | |
Adjusted Net Income Reconciliation | | | | | | | | | | | | | |
Net Income to Company | 8 | 8 | 10 | 16 | 17 | 11 | 24 | 22 | 25 | 12 | | 12 | |
Addback: Unusual Items | (1) | 0 | 0 | 0 | 0 | 6 | 0 | 0 | 0 | 2 | | 2 | |
Less: Tax Benefit of Unusual Items (26%) | 0 | 0 | 0 | 0 | (0) | (2) | 0 | 0 | 0 | (0) | | (0) | |
Adjusted Net Income | 7 | 8 | 10 | 16 | 17 | 16 | 24 | 22 | 25 | 13 | | 13 | |
% Margin | 16.8% | 19.2% | 20.4% | 27.3% | 24.6% | 22.1% | 25.8% | 25.0% | 26.1% | 19.3% | | 19.3% | |