| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Net sales | ||||||
2,624 | 2,384 | 1,906 | 1,742 | 1,616 | 1,512 | 1,411 |
Cost of sales | ||||||
1,942 | 1,808 | 1,445 | 1,342 | 1,258 | 1,180 | 1,108 |
Gross profit | ||||||
681 | 576 | 461 | 400 | 358 | 331 | 302 |
Selling, general, and administrative expense | ||||||
391 | 367 | 294 | 278 | 274 | 290 | 278 |
Significant legal settlement | ||||||
- | - | 30 | - | - | - | - |
Operating profit | ||||||
289 | 208 | 136 | 121 | 83 | 40 | 24 |
Other income (expense), net: | ||||||
Interest expense | ||||||
37 | 28 | 8 | 5 | 9 | 12 | 13 |
Loss on extinguishment of debt | ||||||
- | - | -1 | - | - | - | - |
Other, net | ||||||
2 | 0 | 0 | 0 | 0 | 0 | 0 |
Other expense, net | ||||||
-35 | -28 | -8 | -5 | -9 | -12 | -13 |
Income before income taxes | ||||||
253 | 180 | 128 | 116 | 74 | 28 | 10 |
Income tax expense | ||||||
62 | 46 | -30 | 43 | -5 | 17 | 22 |
Income from continuing operations | ||||||
- | - | - | - | 79 | 10 | -11 |
Loss from discontinued operations, net | ||||||
- | - | - | - | -0 | -1 | -1 |
Net income | ||||||
190 | 134 | 158 | 72 | 78 | 9 | -12 |
Net income per common share: | ||||||
Basic: | ||||||
Income from continuing operations | ||||||
- | - | - | - | 2.10 | 0.28 | -0.31 |
Loss from discontinued operations, net | ||||||
- | - | - | - | - | -0.03 | -0.03 |
Basic (in dollars per share) | ||||||
5.65 | 3.86 | 4.41 | 1.93 | 2.10 | 0.25 | -0.34 |
Diluted: | ||||||
Income from continuing operations | ||||||
- | - | - | - | 2.09 | 0.28 | -0.31 |
Loss from discontinued operations, net | ||||||
- | - | - | - | - | -0.03 | -0.03 |
Diluted (in dollars per share) | ||||||
5.56 | 3.78 | 4.32 | 1.92 | 2.09 | 0.25 | -0.34 |
Weighted average shares outstanding: | ||||||
Basic (in shares) | ||||||
33 | 34 | 35 | 37 | - | - | - |
Diluted (in shares) | ||||||
34 | 35 | 36 | 37 | - | - | - |