THE TORO COMPANY TTC Income Statement

The toro company (TTC)

Income statement / TTM

Jan'20	Oct'19	Aug'19	May'19	Feb'19	Oct'18	Aug'18	May'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Jul'09
Net sales
3,302	3,138	2,943	2,760	2,673	2,618	2,567	2,540	2,537	2,505	2,484	2,457	2,421	2,392	2,404	2,413	2,403	2,390	2,324	2,282	2,200	2,172	2,140	2,083	2,042	2,041	1,998	1,992	1,979	1,958	1,987	1,984	1,924	1,883	1,853	1,811	1,742	1,690	1,747	0	0	0
Cost of sales
2,182	2,090	1,961	1,810	1,720	1,677	1,621	1,600	1,605	1,584	1,576	1,559	1,536	1,517	1,533	1,542	1,553	1,554	1,513	1,485	1,422	1,399	1,382	1,348	1,320	1,316	1,289	1,283	1,287	1,285	1,308	1,315	1,277	1,247	1,224	1,188	1,145	1,113	1,148	0	0	0
Gross profit
1,120	1,047	981	949	952	941	946	939	931	920	908	898	885	874	871	870	849	835	810	796	778	773	758	734	722	724	709	709	692	673	678	668	646	636	628	622	596	576	599	0	0	0
Selling, general and administrative expense
774	722	657	605	576	567	568	566	570	565	557	553	544	540	543	545	541	536	528	521	511	510	506	496	497	494	482	480	474	467	468	464	455	452	447	442	437	425	413	0	0	0
Operating earnings
346	325	324	343	376	373	377	372	361	355	351	345	341	334	327	325	308	299	281	274	266	263	251	238	225	230	226	228	217	205	210	204	191	184	180	179	158	151	185	0	0	0
Interest expense
32	28	25	20	19	19	19	19	19	19	19	19	19	19	18	18	18	18	18	17	16	15	14	15	15	16	16	16	16	16	17	17	17	16	16	16	16	17	17	0	0	0
Other income, net
24	25	22	21	18	18	17	17	17	17	16	14	14	15	15	14	12	10	10	9	9	8	11	11	12	12	9	9	8	7	7	7	6	7	7	8	7	7	0	0	0	0
Earnings before income taxes
338	322	322	344	376	372	375	370	360	353	347	340	336	330	324	320	302	291	273	266	259	256	248	234	222	226	219	221	209	196	201	194	180	174	171	171	149	141	168	0	0	0
Provision for income taxes
53	48	47	50	67	100	109	114	114	85	83	88	99	99	99	99	92	89	84	81	80	82	80	76	72	71	69	70	68	66	67	65	60	57	55	56	49	48	58	0	0	0
Net earnings
284	273	274	293	308	271	266	256	245	267	264	251	236	230	224	221	209	201	188	185	178	173	167	158	149	154	150	150	141	129	134	128	120	117	115	114	99	93	109	0	0	0
Basic net earnings per share of common stock (usd per share)
0.65	0.36	0.57	1.08	0.56	0.37	0.75	1.23	0.21	0.32	0.63	1.11	0.41	0.27	0.51	0.96	0.36	-1.38	0.96	1.68	0.55	-1.34	0.89	1.54	0.45	0.08	0.70	1.35	0.54	0.01	0.69	1.15	0.33	-1.14	0.56	1.92	0.54	-1.29	1.03	1.35	0.32	0.55
Diluted net earnings per share of common stock (usd per share)
0.65	0.35	0.56	1.07	0.55	0.35	0.73	1.21	0.21	0.31	0.61	1.08	0.41	0.27	0.50	0.94	0.35	-1.34	0.94	1.64	0.54	-1.31	0.87	1.51	0.44	0.09	0.68	1.32	0.53	0.01	0.67	1.13	0.33	-1.11	0.55	1.88	0.53	-1.28	1.01	1.34	0.32	0.54
Weighted-average number of shares of common stock outstanding — Basic (in shares)
107	107	107	106	106	106	105	106	107	107	108	108	108	109	109	109	110	277	55	55	56	281	55	56	57	57	57	58	58	58	59	59	59	124	62	31	31	163	32	33	34	35
Weighted-average number of shares of common stock outstanding — Diluted (in shares)
108	108	108	108	107	107	108	108	109	111	111	111	110	111	112	111	112	283	56	57	57	287	57	57	58	58	58	59	59	60	60	60	60	126	63	32	32	166	32	34	34	36