LAMB WESTON HOLDINGS, INC. LW Income Statement

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	Feb'16	Nov'15
Net sales
3,948	3,938	3,830	3,756	3,671	3,607	3,521	3,423	3,338	3,243	3,209	3,168	3,064	3,036	0	0	0
Cost of sales
2,914	2,880	2,809	2,753	2,685	2,653	2,607	2,544	2,498	2,439	2,414	2,389	2,295	2,312	0	0	0
Gross profit
1,034	1,057	1,021	1,003	985	954	913	879	839	804	795	778	768	723	0	0	0
Selling, general and administrative expenses
360	352	335	335	331	325	318	299	269	258	263	260	245	235	0	0	0
Income from operations
674	705	685	668	653	629	595	580	569	545	530	518	523	487	0	0	0
Interest expense, net
-105	-107	-108	-107	-107	-109	-110	-108	-107	-105	-84	-61	-36	-11	0	0	0
Income before income taxes and equity method earnings
568	597	577	561	546	520	484	471	461	439	446	457	486	476	0	0	0
Income tax expense
140	144	136	133	136	103	111	121	134	170	163	170	182	176	0	0	0
Equity method investment earnings
50	55	50	59	69	81	83	83	82	68	62	53	65	60	0	0	0
Net income
477	507	491	487	479	497	456	433	409	337	345	340	370	359	0	0	0
Less: Income attributable to noncontrolling interests
-	-	-	-	-	14	15	16	16	17	14	13	12	12	0	0	0
Net income attributable to Lamb Weston Holdings, Inc.
477	507	486	478	468	483	441	416	392	320	330	326	358	347	0	0	0
Earnings per share
Basic (in dollars per share)
0.76	0.96	0.79	0.76	0.96	0.74	0.73	0.68	1.07	0.52	0.56	0.52	0.57	0.59	0.54	0.71	0.50
Diluted (in dollars per share)
0.76	0.95	0.79	0.75	0.95	0.74	0.73	0.68	1.06	0.52	0.56	0.52	0.57	0.59	0.54	0.71	0.50
Dividends declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	0.18	0.18	-	0.18	-	-	-	-