Cdw corp (CDW)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net sales

18,032

16,240

14,832

13,672

12,988

12,074

10,768

10,128

9,602

8,801

7,162

Cost of sales

14,992

13,533

12,382

11,344

10,872

10,153

9,008

8,458

8,018

7,410

6,029

Gross profit

3,039

2,706

2,450

2,328

2,115

1,921

1,760

1,669

1,583

1,390

1,132

Selling and administrative expenses

1,713

1,537

1,410

1,345

1,226

1,110

1,120

1,029

990

932

821

Advertising expense

193

182

173

162

147

138

130

129

122

106

101

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

241

Operating income

1,133

987

866

820

742

673

508

510

470

352

-31

Interest expense, net

-159

-148

-150

-146

-159

-197

-250

307

324

391

431

Net loss on extinguishments of long-term debt

-

-

-

-2

-24

-90

-64

-17

-118

2

0

Gain on remeasurement of equity investment

-

-

-

-

98

0

0

-

-

-

-

Other income, net

-24

1

-55

1

-9

2

1

0

0

0

2

Income before income taxes

949

840

660

673

647

387

195

186

28

-37

-461

Income tax expense

212

197

137

248

243

142

62

67

11

-7

-87

Net income

736

643

523

425

403

244

132

119

17

-29

-373

Net income per common share:
Basic (in dollars per share)

5.08

4.26

3.37

2.60

2.37

1.44

0.85

0.82

0.12

-0.20

-

Diluted (in dollars per share)

4.99

4.19

3.31

2.56

2.35

1.42

0.84

0.82

0.12

-0.20

-

Weighted-average common shares outstanding:
Basic (in shares)

145

150

155

163

170

170

156

145

144

144

-

Diluted (in shares)

147

153

158

166

171

172

158

145

144

144

-

Cash dividends declared per common share (in dollars per share)

-

-

-

0.48

0.31

0.19

0.04

0.00

0.00

-

-