| 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 | |||||||||||
1,600,500 | 1,564,900 | 1,456,700 | 1,398,400 | 1,467,700 | 1,513,700 | 1,473,500 | 1,427,400 | 1,407,400 | 1,274,600 | 1,225,900 | 1,431,400 |
Cost of goods sold | |||||||||||
923,000 | 908,400 | 854,300 | 832,800 | 914,600 | 971,900 | 947,000 | 913,900 | 899,000 | 809,700 | 790,800 | 949,600 |
GROSS PROFIT | |||||||||||
677,500 | 656,500 | 602,400 | 565,600 | 553,100 | 541,800 | 526,500 | 513,500 | 508,400 | 464,900 | 435,100 | 481,800 |
Selling, general and administrative expenses | |||||||||||
476,100 | 464,700 | 432,300 | 424,100 | 491,300 | 407,000 | 405,100 | 382,600 | 371,500 | 336,700 | 323,500 | 355,600 |
Restructuring | |||||||||||
4,300 | 3,400 | 6,800 | 4,700 | 21,400 | 15,200 | 8,700 | 4,200 | 8,800 | 12,600 | 17,200 | 5,600 |
Other long-lived impairment charges | |||||||||||
- | - | 1,000 | - | - | - | - | - | - | - | - | - |
Goodwill and other long-lived impairment charges | |||||||||||
- | - | - | 500 | 130,500 | 14,200 | 1,200 | 3,400 | 2,300 | 1,400 | 3,300 | 22,000 |
Gain on disposition | |||||||||||
- | - | - | 8,700 | - | - | - | - | -7,700 | - | 1,100 | - |
OPERATING INCOME | |||||||||||
197,100 | 188,400 | 162,300 | 145,000 | -90,100 | 105,400 | 111,500 | 123,300 | 133,500 | 114,200 | 92,200 | 98,600 |
Other (income) expense: | |||||||||||
Interest income | |||||||||||
400 | 800 | 1,000 | 1,000 | 1,000 | 700 | 600 | 700 | 1,000 | 1,000 | 900 | 5,100 |
Interest expense | |||||||||||
14,100 | 16,300 | 19,100 | 22,600 | 24,300 | 19,900 | 21,500 | 24,600 | 25,800 | 22,800 | 22,000 | 26,200 |
Other income | |||||||||||
500 | 1,700 | -1,100 | 4,400 | 2,400 | -3,100 | -2,800 | 800 | -800 | 2,100 | 1,200 | -9,500 |
Total other expense | |||||||||||
-13,200 | -13,800 | -19,200 | -17,200 | -20,900 | -22,300 | -23,700 | -23,100 | -25,600 | -19,700 | -19,900 | -30,600 |
INCOME BEFORE INCOME TAXES | |||||||||||
183,900 | 174,600 | 143,100 | 127,800 | -111,000 | 83,100 | 87,800 | 100,200 | 107,900 | 94,500 | 72,300 | 68,000 |
Provision for income taxes | |||||||||||
52,400 | 46,600 | 70,000 | 43,600 | 1,900 | 32,800 | 26,900 | 29,800 | 30,700 | 31,400 | 31,300 | 24,700 |
Plus: Net loss attributable to the noncontrolling interest | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -1,900 |
NET INCOME ATTRIBUTABLE TO WATTS WATER TECHNOLOGIES, INC. | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 46,600 |
NET (LOSS) INCOME FROM CONTINUING OPERATIONS | |||||||||||
- | - | - | - | - | - | 60,900 | 70,400 | 77,200 | - | 41,000 | 45,200 |
NET INCOME FROM CONTINUING OPERATIONS | |||||||||||
- | - | - | - | - | - | - | - | - | 63,100 | - | 43,300 |
Loss from discontinued operations, net of taxes | |||||||||||
- | - | - | - | - | - | -2,300 | -2,000 | -10,800 | -4,300 | -23,600 | 1,400 |
NET INCOME | |||||||||||
131,500 | 128,000 | 73,100 | 84,200 | -112,900 | 50,300 | 58,600 | 68,400 | 66,400 | 58,800 | 17,400 | 44,700 |
BASIC EPS | |||||||||||
Continuing operations (in dollars per share) | |||||||||||
- | - | - | - | - | - | 1.72 | 1.96 | 2.07 | 1.69 | 1.11 | 1.23 |
Discontinued operations (in dollars per share) | |||||||||||
- | - | - | - | - | - | -0.06 | -0.06 | -0.29 | -0.12 | -0.64 | 0.04 |
NET INCOME PER SHARE | |||||||||||
3.86 | 3.73 | 2.12 | 2.45 | -3.24 | 1.42 | 1.65 | 1.90 | 1.78 | 1.58 | 0.47 | 1.27 |
Weighted average number of shares (in shares) | |||||||||||
34,100 | 34,300 | 34,400 | 34,400 | 34,900 | 35,300 | 35,500 | 36,000 | 37,300 | 37,300 | 37,000 | 36,600 |
DILUTED EPS | |||||||||||
Continuing operations (in dollars per share) | |||||||||||
- | - | - | - | - | - | 1.71 | 1.95 | 2.06 | 1.69 | 1.10 | 1.23 |
Discontinued operations (in dollars per share) | |||||||||||
- | - | - | - | - | - | -0.07 | -0.05 | -0.28 | -0.12 | -0.63 | 0.04 |
NET INCOME PER SHARE | |||||||||||
3.85 | 3.73 | 2.12 | 2.44 | -3.24 | 1.42 | 1.65 | 1.90 | 1.78 | 1.57 | 0.47 | 1.26 |
Weighted average number of shares (in shares) | |||||||||||
34,200 | 34,300 | 34,400 | 34,500 | 34,900 | 35,400 | 35,600 | 36,100 | 37,500 | 37,400 | 37,100 | 36,800 |
Dividends declared per share (in dollars per share) | |||||||||||
0.90 | 0.82 | 0.75 | 0.71 | 0.66 | 0.58 | 0.50 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 |