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Quarterly Income Statement
(In Millions of U.S. Dollars except for per share
items)
| Period Ended |
06/30/10 |
03/31/10 |
12/31/09 |
09/30/09 |
06/30/09 |
| Revenue |
490.04 |
432.41 |
399.79 |
393.42 |
482.16 |
| Other, Net |
-1.44 |
1.55 |
0.73 |
2.3 |
2.42 |
| Net Income Before Taxes |
123.92 |
94.15 |
82.06 |
86.37 |
133.05 |
| Provision for Income Taxes |
33 |
29.53 |
21.23 |
7.98 |
36.47 |
| Net Income After Taxes |
90.92 |
64.62 |
60.83 |
78.39 |
96.58 |
| Net Income Before Extra. Items |
90.92 |
64.62 |
60.83 |
78.39 |
96.58 |
| Net Income |
90.92 |
64.62 |
60.83 |
78.39 |
96.58 |
| Income Available to Com Excl ExtraOrd |
90.92 |
64.62 |
60.83 |
78.39 |
96.58 |
| Income Available to Com Incl ExtraOrd |
90.92 |
64.62 |
60.83 |
78.39 |
96.58 |
| Basic Weighted Average Shares |
113.17 |
112.86 |
113.48 |
113.86 |
113.6 |
| Basic EPS Excluding Extraordinary Items |
0.8 |
0.57 |
0.54 |
0.69 |
0.85 |
| Basic EPS Including Extraordinary Items |
0.8 |
0.57 |
0.54 |
0.69 |
0.85 |
| Diluted Net Income |
90.92 |
64.62 |
60.83 |
78.39 |
96.58 |
| Diluted Weighted Average Shares |
115 |
114.47 |
113.59 |
113.93 |
113.64 |
| Diluted EPS Excluding ExtraOrd Items |
0.79 |
0.56 |
0.54 |
0.69 |
0.85 |
| Diluted EPS Including ExtraOrd Items |
0.79 |
0.56 |
0.54 |
0.69 |
0.85 |
| DPS - Common Stock Primary Issue |
0 |
0 |
0 |
0 |
0 |
| Gross Dividends - Common Stock |
0 |
0 |
0 |
0 |
0 |
| Stock-Based Compensation, Supplemental |
4.09 |
2.96 |
3.46 |
3.57 |
3.04 |
| Interest Expense, Supplemental |
5.25 |
5.68 |
4.07 |
3.46 |
0.11 |
| Interest Capitalized, Supplemental |
-7.65 |
-7.29 |
-9.03 |
-7.35 |
-2.34 |
| Depreciation, Supplemental |
46.46 |
45.49 |
44.59 |
43.75 |
42.61 |
| Total Special Items |
0.03 |
41.9 |
-1.41 |
0.31 |
0.06 |
| Normalized Income Before Taxes |
123.95 |
136.05 |
80.65 |
86.68 |
133.11 |
| Effect of Special Items on Income Taxes |
0.01 |
13.14 |
-0.37 |
0.03 |
0.02 |
| Inc Tax Ex Impact of Sp Items |
33.01 |
42.67 |
20.86 |
8.01 |
36.49 |
| Normalized Income After Taxes |
90.94 |
93.38 |
59.78 |
78.67 |
96.63 |
| Normalized Inc. Avail to Com. |
90.94 |
93.38 |
59.78 |
78.67 |
96.63 |
| Basic Normalized EPS |
0.8 |
0.83 |
0.53 |
0.69 |
0.85 |
| Diluted Normalized EPS |
0.79 |
0.82 |
0.53 |
0.69 |
0.85 |
| Reported Operating Profit |
130.36 |
98.1 |
NA |
87.09 |
130.54 |
| Gross Margin |
43.45 |
48.86 |
39.44 |
39.46 |
41.05 |
| Operating Margin |
26.6 |
22.69 |
21.3 |
22.14 |
27.07 |
| Pretax Margin |
25.29 |
21.77 |
20.53 |
21.95 |
27.59 |
| Effective Tax Rate |
26.63 |
31.36 |
25.87 |
9.24 |
27.41 |
| Net Profit Margin |
18.55 |
14.95 |
15.22 |
19.93 |
20.03 |
| Normalized EBIT |
130.39 |
140 |
83.73 |
87.39 |
130.6 |
| Normalized EBITDA |
176.85 |
185.49 |
128.32 |
131.14 |
173.21 |
| Interest Cost - Domestic |
7.74 |
7.65 |
8.2 |
7.56 |
8.41 |
| Service Cost - Domestic |
3.97 |
3.93 |
3.91 |
3.13 |
4.48 |
| Prior Service Cost - Domestic |
-1.67 |
-1.65 |
-0.97 |
-2.44 |
-0.06 |
| Expected Return on Assets - Domestic |
-7.61 |
-7.53 |
-7.19 |
-7.3 |
-7.23 |
| Actuarial Gains and Losses - Domestic |
5.32 |
5.3 |
2.69 |
5.53 |
4.04 |
| Curtailments & Settlements - Domestic |
NA |
NA |
NA |
0.07 |
NA |
| Domestic Pension Plan Expense |
7.75 |
7.71 |
6.64 |
6.55 |
9.63 |
| Interest Cost - Post-Retirement |
1.15 |
1.14 |
0.86 |
1.26 |
1.24 |
| Service Cost - Post-Retirement |
0.59 |
0.58 |
0.15 |
0.64 |
0.63 |
| Prior Service Cost - Post-Retirement |
-0.05 |
-0.05 |
-0.05 |
-0.05 |
-0.05 |
| Actuarial Gains and Losses - Post-Retir. |
0.1 |
0.1 |
-0.25 |
0.16 |
0.16 |
| Transition Costs - Post-Retirement |
0.17 |
0.16 |
0.17 |
0.17 |
0.17 |
| Post-Retirement Plan Expense |
1.95 |
1.93 |
0.88 |
2.17 |
2.14 |
| Total Pension Expense |
9.7 |
9.63 |
7.52 |
8.72 |
11.77 |
| Total Plan Interest Cost |
8.88 |
8.79 |
9.06 |
8.82 |
9.65 |
| Total Plan Service Cost |
4.56 |
4.51 |
4.06 |
3.76 |
5.11 |
| Total Plan Expected Return |
-7.61 |
-7.53 |
-7.19 |
-7.3 |
-7.23 |
| Total Revenue |
490.04 |
432.41 |
399.79 |
393.42 |
482.16 |
| Cost of Revenue, Total |
277.11 |
221.12 |
242.11 |
238.19 |
284.23 |
| Gross Profit |
212.93 |
211.29 |
157.69 |
155.23 |
197.93 |
| Selling/General/Admin. Expenses, Total |
36.08 |
25.8 |
29.37 |
24.09 |
24.72 |
| Depreciation/Amortization |
46.46 |
45.49 |
44.59 |
43.75 |
42.61 |
| Unusual Expense (Income) |
0.03 |
41.9 |
-1.41 |
0.31 |
0.06 |
| Total Operating Expense |
359.68 |
334.3 |
314.65 |
306.33 |
351.62 |
| Operating Income |
130.36 |
98.1 |
85.14 |
87.09 |
130.54 |
| Interest Inc.(Exp.),Net-Non-Op., Total |
-5 |
-5.5 |
-3.81 |
-3.02 |
0.09 |