APPLIED INDUSTRIAL TECHNOLOGIES, INC. AIT Income Statement

Jun'19	Jun'18	Jun'17	Jun'16	Jun'15	Jun'14	Jun'13	Jun'12	Jun'11	Jun'10	Jun'09
Income Statement [Abstract]
Net sales
3,472	3,073	2,593	2,519	2,751	2,459	2,462	2,375	2,212	1,893	1,923
Cost of sales
2,465	2,189	1,856	1,812	1,981	1,772	1,779	1,720	1,599	1,377	1,403
Gross profit
1,007	883	737	707	769	686	682	654	613	515	520
Selling, distribution and administrative expense, including depreciation
742	658	562	552	585	522	506	486	462	405	410
Goodwill & intangible impairment
31	0	0	64	0	0	-	-	-	-	36
Operating (loss) income
233	225	175	89	184	164	176	168	150	110	72
Interest Expense
40	24	8	9	8	0	0	0	2	5	5
Interest Income
0	0	0	0	0	0	0	0	0	0	-1
Other income, net
0	2	0	-2	-0	2	1	-1	3	0	2
(Loss) income before income taxes
194	204	166	78	175	166	177	166	152	105	65
Income tax (benefit) expense
50	63	33	49	60	53	59	58	56	39	23
Net (loss) income
143	141	133	29	115	112	118	108	96	65	42
Net (loss) income per share - basic
3.72	3.65	3.43	0.75	2.82	2.69	2.81	2.58	2.28	1.56	1.00
Net (loss) income per share - diluted
3.68	3.61	3.40	0.75	2.80	2.67	2.78	2.54	2.24	1.54	0.99