
Merrill: Confidence...


| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
| Sales | 2.06B | 1.70B | 1.30B | 1.14B |
| Cost of Sales | 974.48M | 791.84M | 611.93M | 525.08M |
| Gross Operating Profit | 1.09B | 911.39M | 692.02M | 618.22M |
| Selling, General, and Administrative Expenses | 515.03M | 437.89M | 332.43M | 275.01M |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income before D & A (EBITDA) | 571.18M | 473.51M | 359.59M | 343.22M |
| Depreciation & Amortization | 20.56M | 17.08M | 11.78M | 5.91M |
| Interest Income | 0.00 | 1.62M | 2.25M | 0.00 |
| Other Income - Net | 787.00K | -772.00K | -758.00K | -1.61M |
| Special Income / Charges | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Income Before Interest Expenses (EBIT) | 551.41M | 457.27M | 349.30M | 335.70M |
| Interest Expense | 2.26M | 0.00 | 0.00 | 0.00 |
| Pre-Tax Income | 549.15M | 457.27M | 349.30M | 335.70M |
| Income Taxes | 209.13M | 171.05M | 137.27M | 126.98M |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing Operations | 340.02M | 286.22M | 212.03M | 208.72M |
| Net Income From Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Total Operations | 340.02M | 286.22M | 212.03M | 208.72M |
| Extraordinary Income/Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Cum. Effect of Acct. Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Gains / Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Net Income | 340.02M | 286.22M | 212.03M | 208.72M |
| Normalized Income (Net Income From Continuing Operations, Ex. Special Income / Charge) |
340.02M | 286.22M | 212.03M | 208.72M |
| Preferred Dividends | ||||
|---|---|---|---|---|
| Net Income Available To Common | 340.02M | 286.22M | 212.03M | 208.72M |
| Basic EPS from Continuing Ops. | 1.96 | 1.62 | 1.20 | 1.16 |
| Basic EPS from Discontinued Ops. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Total Operations | 1.96 | 1.62 | 1.20 | 1.16 |
| Basic EPS from Extraordinary Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Tax Loss Carryf'd. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Other Gains (Losses) | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS, Total | 1.96 | 1.62 | 1.20 | 1.16 |
| Basic Normalized Net Income/Share | 1.96 | 1.62 | 1.20 | 1.16 |
| EPS fr Continuing Ops. | 1.86 | 1.53 | 1.14 | 1.11 |
| EPS fr Discontinued Ops | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Total Ops. | 1.86 | 1.53 | 1.14 | 1.11 |
| EPS fr Extraord. Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Tax Loss Carfd. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Other Gains (L) | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS, Total | 1.86 | 1.53 | 1.14 | 1.11 |
| Diluted Normalized Net Inc/Shr (Net Income From Continuing Operations, Ex. Special Income / Charge) |
1.86 | 1.53 | 1.14 | 1.11 |
| Dividends Paid per Share | 0.00 | 0.00 | 0.00 | 0.00 |