Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
---|---|---|---|---|---|---|---|---|---|---|
Net sales | ||||||||||
3,543 | 3,509 | 3,466 | 3,136 | 2,876 | 2,776 | 2,692 | 2,701 | 2,752 | 2,620 | 2,516 |
Cost of sales, including advertising, warehousing and distribution expenses | ||||||||||
2,605 | 2,574 | 2,554 | 2,273 | 2,090 | 2,023 | 1,947 | 1,958 | 2,016 | 1,906 | 1,838 |
Gross profit on sales | ||||||||||
938 | 935 | 912 | 863 | 786 | 752 | 745 | 742 | 735 | 713 | 678 |
Operating, general and administrative expenses | ||||||||||
853 | 852 | 834 | 765 | 695 | 671 | 631 | 615 | 621 | 608 | 581 |
Income from operations | ||||||||||
84 | 82 | 78 | 98 | 90 | 81 | 113 | 127 | 114 | 105 | 96 |
Investment income (loss) and interest expense | ||||||||||
7 | -1 | 2 | 2 | 1 | 2 | 4 | 3 | 3 | 2 | 1 |
Other income (expense) | ||||||||||
-3 | 0 | -2 | 23 | 0 | 0 | - | 0 | 0 | 0 | - |
Income before provision for income taxes | ||||||||||
88 | 82 | 79 | 124 | 92 | 83 | 118 | 130 | 117 | 107 | 97 |
Provision for income taxes | ||||||||||
20 | 19 | -19 | 37 | 33 | 29 | 45 | 48 | 42 | 39 | 35 |
Net income | ||||||||||
67 | 62 | 98 | 87 | 59 | 54 | 73 | 82 | 75 | 68 | 62 |
Weighted-average shares outstanding, basic and diluted | ||||||||||
26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 |
Cash dividends per share | ||||||||||
1.24 | 1.21 | 1.20 | 1.20 | 1.20 | 1.20 | 1.20 | 1.20 | 2.17 | 1.16 | 1.16 |
Basic and diluted earnings per share | ||||||||||
2.53 | 2.33 | 3.66 | 3.24 | 2.21 | 2.02 | 2.72 | 3.07 | 2.81 | 2.54 | 2.33 |