Income Statement | | | | | | | | | | | | | |
| | | | | | | | | | | | Press Release | |
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 | 51 | 51 | 47 | 47 | 57 | 116 | 76 | 50 | 41 | 36 | | 36 | |
% Growth | NA | 0.6% | -7.8% | 0.7% | 20.6% | 102.3% | -34.0% | -34.2% | -17.4% | -12.5% | | | |
| | | | | | | | | | | | | |
Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Selling and Marketing | (4) | (4) | (3) | (4) | (5) | (5) | (4) | (6) | (3) | (1) | | (1) | |
General and Admin | (31) | (34) | (33) | (32) | (36) | (46) | (39) | (33) | (28) | (23) | | (23) | |
Other Exp / (Inc) | (3) | (3) | (3) | (3) | (3) | (6) | (4) | (4) | (3) | (3) | | (3) | |
Total Operating Exp | (38) | (41) | (39) | (39) | (44) | (57) | (48) | (42) | (34) | (26) | | (26) | |
| | | | | | | | | | | | | |
Operating Income | 13 | 10 | 8 | 8 | 13 | 58 | 29 | 8 | 7 | 10 | | 10 | |
% Revenue | 25.9% | 19.2% | 16.8% | 17.7% | 23.0% | 50.6% | 37.6% | 16.6% | 17.6% | 28.3% | | 28.3% | |
| | | | | | | | | | | | | |
Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Pre-tax Income | 13 | 10 | 8 | 8 | 13 | 58 | 29 | 8 | 7 | 10 | | 10 | |
Earnings of Discontinued Ops. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Provision for Taxes | (4) | (3) | (3) | (2) | (3) | (14) | (7) | (2) | (2) | (2) | | (2) | |
Net Income to Company | 9 | 7 | 5 | 7 | 10 | 45 | 22 | 7 | 6 | 8 | | 8 | |
% Margin | 18.2% | 14.0% | 10.4% | 14.4% | 17.9% | 38.6% | 28.8% | 12.9% | 13.7% | 21.8% | | 21.8% | |
| | | | | | | | | | | | | |
Minority Interest in Earnings | | | | | | | | | | | | | |
Net Income to Stockholders | 9 | 7 | 5 | 7 | 10 | 45 | 22 | 7 | 6 | 8 | | 8 | |
| | | | | | | | | | | | | |
Preferred Dividends | (2) | 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 | 7 | 5 | 7 | 10 | 45 | 22 | 7 | 6 | 8 | | 8 | |
% Margin | 14.9% | 14.0% | 10.4% | 14.4% | 17.9% | 38.6% | 28.8% | 12.9% | 13.7% | 21.8% | | 21.8% | |
| | | | | | | | | | | | | |
As Reported | | | | | | | | | | | | | |
Basic EPS (Continuing Ops) | 2.23 | 2.08 | 1.40 | 1.96 | 2.90 | 12.52 | 6.15 | 1.82 | 1.59 | 2.24 | | 2.24 | |
Diluted EPS (Continuing Ops) | 2.16 | 2.03 | 1.38 | 1.93 | 2.88 | 12.52 | 6.15 | 1.82 | 1.59 | 2.23 | | 2.23 | |
| | | | | | | | | | | | | |
WA Basic Shares Out. | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | | 4 | |
WA Diluted Shares Out. | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | | 4 | |
| | | | | | | | | | | | | |
Unusual Items Reconciliation | | | | | | | | | | | | | |
Addback: Other Non Operating Expenses, Total | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | | 0 | |
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 | 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 | 0 | 0 | 0 | 0 | | 0 | |
Total Unusual Items | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | 1 | |
% Margin | 1.4% | 1.4% | 1.1% | 1.1% | 0.8% | 0.3% | 0.6% | 0.9% | 1.1% | 1.5% | | 1.5% | |
| | | | | | | | | | | | | |
Adjusted Net Income Reconciliation | | | | | | | | | | | | | |
Net Income to Company | 9 | 7 | 5 | 7 | 10 | 45 | 22 | 7 | 6 | 8 | | 8 | |
Addback: Unusual Items | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Less: Tax Benefit of Unusual Items (26%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Adjusted Net Income | 9 | 7 | 5 | 7 | 10 | 45 | 22 | 7 | 6 | 8 | | 8 | |
% Margin | 18.2% | 14.0% | 10.4% | 14.4% | 17.9% | 38.6% | 28.8% | 12.9% | 13.7% | 21.8% | | 21.8% | |