Mccormick & co inc (MKC)
Income statement / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10May'10Feb'10Aug'09
Net sales

1,212,000

1,484,800

1,329,200

1,301,900

1,231,500

1,467,900

1,318,200

1,301,300

1,215,400

1,387,100

1,185,200

1,114,300

1,043,700

1,227,000

1,091,000

1,063,300

1,030,200

1,201,900

1,059,900

1,024,100

1,010,400

1,173,600

1,042,800

1,033,400

993,400

1,170,000

1,016,400

1,002,600

934,400

1,145,800

977,700

984,000

906,700

1,110,700

920,400

883,700

782,800

979,400

794,600

798,300

764,500

791,700

Cost of goods sold

742,100

854,800

789,300

793,400

764,600

862,900

795,700

795,900

755,000

935,100

700,800

669,700

630,700

687,000

637,100

630,500

625,200

680,200

638,000

620,100

620,700

667,500

622,700

620,900

601,900

667,900

608,800

608,200

572,700

663,400

586,000

595,600

551,400

631,600

555,900

533,000

454,600

533,400

459,800

471,600

454,300

472,700

Gross profit

469,900

630,000

539,900

508,500

466,900

605,000

522,500

505,400

460,400

452,000

484,400

444,600

413,000

540,000

453,900

432,800

405,000

521,700

421,900

404,000

389,700

506,100

420,100

412,500

391,500

502,100

407,600

394,400

361,700

482,400

391,700

388,400

355,300

479,100

364,500

350,700

328,200

446,000

334,800

326,700

310,200

319,000

Selling, general and administrative expense

274,700

326,900

278,700

293,300

267,900

310,700

283,700

300,600

268,400

162,200

286,500

307,300

275,200

315,000

281,800

303,900

274,300

307,100

271,500

281,200

267,600

303,800

260,500

290,800

266,900

287,700

259,200

278,400

249,700

282,100

247,500

267,100

242,800

287,100

236,100

241,400

217,600

260,500

208,800

229,200

209,400

201,500

Transaction and integration expenses (related to RB Foods acquisition)

-

-

0

0

-

400

5,600

7,800

8,700

16,300

24,500

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Special charges

1,000

3,900

7,700

7,100

2,100

2,400

3,300

8,400

2,200

9,200

4,700

4,700

3,600

5,900

4,300

3,900

1,600

2,400

11,700

19,000

28,400

-

2,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

900

Operating income

194,200

299,200

253,500

208,100

196,900

291,500

229,900

188,600

181,100

264,300

168,700

132,600

134,200

219,100

167,800

125,000

129,100

212,200

138,700

103,800

93,700

199,400

157,300

121,700

124,600

174,100

148,400

116,000

112,000

200,300

144,200

121,300

112,500

192,000

128,400

109,300

110,600

185,500

126,000

97,500

100,800

116,600

Interest expense

35,300

38,500

41,300

42,400

43,000

43,900

44,700

44,200

41,800

44,800

21,500

14,900

14,500

14,300

14,100

13,700

13,900

13,800

13,600

13,000

12,900

12,400

12,400

12,500

12,400

11,900

14,000

13,500

13,900

14,000

13,200

13,900

13,500

13,600

13,100

12,300

12,200

12,300

12,400

12,300

12,300

12,800

Other debt costs

-

-

-

-

-

-

-

-

-

-

15,400

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income, net

5,500

7,400

6,900

6,300

6,100

11,300

4,800

4,600

4,100

3,600

1,200

1,200

100

2,200

200

700

1,100

100

200

600

200

700

300

300

-200

500

300

800

600

700

900

-100

900

-200

1,100

900

500

1,100

500

0

600

300

Income from consolidated operations before income taxes

164,400

268,100

219,100

172,000

160,000

258,900

190,000

149,000

143,400

223,100

133,000

118,900

119,800

207,000

153,900

112,000

116,300

198,900

125,300

91,400

80,600

187,300

145,200

109,500

112,400

162,700

134,700

103,300

98,700

187,000

131,900

107,300

99,900

178,200

116,400

97,900

98,900

174,300

114,100

85,200

89,100

104,100

Income tax expense

30,100

66,400

36,800

32,100

22,100

55,800

24,900

33,100

-271,100

57,700

33,000

27,300

33,300

61,500

34,300

25,900

31,300

59,400

37,400

14,500

20,000

48,600

31,100

31,200

35,000

39,600

35,300

30,600

28,100

46,000

33,000

30,800

30,000

51,000

31,200

30,400

30,000

46,500

18,300

25,700

27,500

32,100

Net income from consolidated operations

134,300

201,700

182,300

139,900

137,900

203,100

165,100

115,900

414,500

165,400

100,000

91,600

86,500

145,500

119,600

86,100

85,000

139,500

87,900

76,900

60,600

138,700

114,100

78,300

77,400

123,100

99,400

72,700

70,600

141,000

98,900

76,500

69,900

127,200

85,200

67,500

68,900

127,800

95,800

59,500

61,600

72,000

Income from unconsolidated operations

10,400

11,700

9,600

9,500

10,100

10,900

8,400

7,400

8,100

10,300

8,200

8,400

7,000

11,900

8,100

7,700

8,400

9,700

9,700

7,400

9,900

9,300

8,800

6,200

5,100

6,900

5,000

5,900

5,400

7,500

5,500

3,900

4,600

4,600

6,800

6,100

7,900

5,900

6,600

6,700

6,300

3,100

Net income

144,700

213,400

191,900

149,400

148,000

214,000

173,500

123,300

422,600

175,700

108,200

100,000

93,500

157,400

127,700

93,800

93,400

149,200

97,600

84,300

70,500

148,000

122,900

84,500

82,500

130,000

104,400

78,600

76,000

148,500

104,400

80,400

74,500

131,800

92,000

73,600

76,800

133,700

102,400

66,200

67,900

75,100

Earnings per share - basic (usd per share)

1.09

1.60

1.45

1.13

1.12

1.62

1.32

0.94

3.22

1.36

0.86

0.80

0.75

1.25

1.01

0.74

0.73

1.17

0.76

0.66

0.55

1.14

0.95

0.65

0.63

0.98

0.79

0.60

0.57

1.11

0.79

0.61

0.56

0.99

0.69

0.56

0.58

1.01

0.77

0.50

0.51

0.57

Average shares outstanding - basic (shares)

133,000

-

132,800

132,300

132,200

-

131,600

131,400

131,200

-

126,300

124,700

125,100

-

126,400

126,900

127,100

-

128,000

127,900

128,200

-

129,600

130,200

131,100

-

132,100

132,100

132,500

-

132,700

132,600

133,100

-

132,600

132,400

132,900

-

133,300

133,100

132,300

130,900

Earnings per share - diluted (usd per share)

1.08

1.58

1.43

1.12

1.11

1.59

1.30

0.93

3.18

1.34

0.85

0.79

0.74

1.23

1.00

0.73

0.73

1.15

0.76

0.65

0.55

1.14

0.94

0.64

0.62

0.97

0.78

0.59

0.57

1.11

0.78

0.60

0.55

0.98

0.69

0.55

0.57

0.99

0.76

0.49

0.51

0.57

Average shares outstanding - diluted (shares)

134,300

-

134,200

133,900

133,800

-

133,200

132,900

132,900

-

127,800

126,400

126,900

-

127,900

128,300

128,300

-

129,200

129,000

129,300

-

130,600

131,200

132,200

-

133,500

133,600

134,000

-

134,300

134,100

134,500

-

134,100

134,100

134,600

-

134,900

134,800

134,000

132,400

Common Stock, Dividends, Per Share, Declared

-

-

0.57

0.57

-

-

0.52

0.52

-

-

0.47

0.47

-

-

0.43

0.43

-

-

0.40

0.40

-

-

0.37

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Nonvoting Common Stock
Cash dividends paid per common share (usd per share)

0.62

-

0.57

0.57

0.57

-

0.52

0.52

0.52

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Stock, Dividends, Per Share, Declared

-

-

0.57

0.57

-

-

0.52

0.52

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Stock
Cash dividends paid per common share (usd per share)

0.62

-

0.57

0.57

0.57

-

0.52

0.52

0.52

-

0.47

0.47

0.47

-

0.43

0.43

0.43

-

0.40

0.40

0.40

-

0.37

0.37

0.37

-

0.34

0.34

0.34

-

0.31

0.31

0.31

-

0.28

0.28

0.28

-

0.26

0.26

0.26

0.24