| Mar'19 | Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 |
|---|---|---|---|---|---|---|---|---|---|
Net Sales | |||||||||
1,791 | 1,562 | 1,312 | 1,195 | 1,353 | 1,442 | 1,414 | 1,545 | 1,653 | 1,304 |
Cost of sales | |||||||||
1,308 | 1,243 | 1,027 | 906 | 1,024 | 1,163 | 1,150 | 1,153 | 1,195 | 1,027 |
Vendor Settlement | |||||||||
- | - | - | - | - | - | - | - | - | -5 |
Restructuring charges | |||||||||
- | - | - | - | - | - | - | - | - | 4 |
Gross profit | |||||||||
482 | 318 | 284 | 289 | 328 | 278 | 263 | 391 | 457 | 278 |
Selling, general and administrative expenses | |||||||||
168 | 140 | 117 | 119 | 115 | 119 | 117 | 116 | 123 | 108 |
Legal and environmental charges | |||||||||
5 | 1 | -3 | -45 | - | - | 266 | 100 | 8 | 0 |
Restructuring charges | |||||||||
- | - | - | - | - | - | - | - | - | 2 |
Other operating income | |||||||||
- | - | - | - | - | - | - | - | - | 3 |
Profit from operations | |||||||||
319 | 179 | 163 | 123 | 212 | 159 | -119 | 175 | 324 | 170 |
Other income (loss): | |||||||||
Interest income | |||||||||
17 | 12 | 7 | 5 | 4 | 4 | 7 | 6 | 6 | 7 |
Interest expense | |||||||||
- | - | - | - | - | 2 | 2 | 0 | - | 0 |
Other, net | |||||||||
-3 | -0 | 4 | 3 | 1 | 1 | 1 | -1 | 2 | -1 |
Income before income taxes | |||||||||
333 | 192 | 174 | 132 | 218 | 163 | -113 | 179 | 334 | 176 |
Provision (benefit) for income taxes | |||||||||
61 | 187 | 49 | 30 | -7 | 36 | -49 | 27 | 90 | 33 |
Net income | |||||||||
271 | 4 | 125 | 101 | 225 | 127 | -64 | 152 | 244 | 142 |
Income per share: | |||||||||
Basic (in dollars per share) | |||||||||
1.61 | 0.03 | 0.75 | 0.61 | 1.34 | 0.75 | -0.38 | 0.90 | 1.44 | 0.84 |
Diluted (in dollars per share) | |||||||||
1.61 | 0.03 | 0.75 | 0.60 | 1.34 | 0.75 | -0.38 | 0.90 | 1.43 | 0.84 |
Dividends declared (per share) (in dollars per share) | |||||||||
0.46 | 0.45 | 0.43 | 0.42 | 0.41 | 0.36 | 0.31 | 0.28 | 0.19 | 0.16 |
Weighted average common shares outstanding: | |||||||||
Basic (in shares) | |||||||||
168 | 168 | 167 | 167 | 168 | 168 | 169 | 169 | 170 | 170 |
Diluted (in shares) | |||||||||
169 | 168 | 167 | 167 | 168 | 168 | 169 | 170 | 170 | 170 |