POOL CORPORATION POOL Income Statement

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Net sales
3,199	2,998	2,788	2,570	2,363	2,246	2,079	1,953	1,793	1,613	1,539	1,783
Cost of sales
2,274	2,127	1,982	1,829	1,687	1,603	1,488	1,386	1,261	1,142	1,090	1,268
Gross profit
924	870	805	741	675	643	591	567	531	471	449	515
Selling and administrative expenses
583	556	520	485	459	454	425	415	404	370	361	399
Goodwill impairment
-	-	-	-	-	-	-	6	1	0	-	-
Operating income
341	313	284	255	216	188	165	144	125	101	88	115
Interest and other non-operating expenses, net
-23	-20	-15	-14	-8	-7	-6	-6	-7	-6	9	18
Income before income taxes and equity earnings
317	292	269	241	208	181	158	138	117	94	78	96
Income tax benefit
56	58	77	92	80	70	61	56	45	37	30	37
Equity earnings in unconsolidated investments, net
0	0	0	0	0	0	0	0	0	0	-28	-1
Net income
261	234	191	148	128	111	97	81	-	-	-	-
Net loss attributable to noncontrolling interest
0	0	-0	-0	-0	0	0	0	-	-	-	-
Net income
261	234	191	148	128	110	97	81	71	57	19	56
Earnings per share:
Basic (in dollars per share)
6.57	5.82	4.69	3.56	2.98	2.50	2.10	1.75	1.49	1.17	0.39	1.19
Diluted (in dollars per share)
6.40	5.62	4.51	3.47	2.90	2.44	2.05	1.71	1.47	1.15	0.39	1.17
Weighted average shares outstanding: [Abstract]
Basic (in shares)
39	40	40	41	43	44	46	46	48	49	48	47
Diluted (in shares)
40	41	42	42	44	45	47	48	48	50	49	48
Cash dividends declared per common share
2.10	1.72	1.42	1.19	1.00	0.85	0.73	0.62	0.55	0.52	0.52	0.51