| Income Statement for Avery Dennison Corp. |
| (Amounts are in millions) |
|
12/2018 |
|
12/2017 |
|
12/2016 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$7,159.00 |
|
$6,613.80 |
|
$6,086.50 |
| Cost of Goods Sold |
|
$5,243.50 |
|
$4,801.60 |
|
$4,386.80 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$1,915.50 |
|
$1,812.20 |
|
$1,699.70 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
N/A |
|
$0.00 |
|
$0.00 |
| Selling, General, & Admin. Expense |
|
$1,197.40 |
|
$1,159.70 |
|
$1,162.70 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$718.10 |
|
$652.50 |
|
$537.00 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
N/A |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
($104.80) |
|
$0.00 |
|
$0.00 |
| Interest Expense |
|
$58.50 |
|
$63.00 |
|
$59.90 |
|
|
|
|
|
|
|
| Pretax Income |
|
$554.80 |
|
$589.50 |
|
$477.10 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$85.40 |
|
$307.70 |
|
$156.40 |
| Minority Interest |
|
N/A |
|
$0.00 |
|
$0.00 |
| Investment Gains (Losses) |
|
($2.00) |
|
$0.00 |
|
$0.00 |
| Other Income |
|
N/A |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$467.40 |
|
$281.80 |
|
$320.70 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Net Income |
|
$467.40 |
|
$281.80 |
|
$320.70 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$5.28 |
|
$3.19 |
|
$3.60 |
| Diluted Earnings Per Share |
|
$5.28 |
|
$3.13 |
|
$3.54 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
88.60 |
|
90.10 |
|
90.70 |
| Weighted Average Diluted Shares Outstanding |
|
88.60 |
|
90.10 |
|
90.70 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$536.80 |
|
$450.70 |
|
$364.24 |
| Income From Non-Recurring Items |
|
($69.40) |
|
($168.90) |
|
($43.54) |
| Diluted Earnings Per Share before extras |
|
$6.06 |
|
$5.00 |
|
$4.02 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$174.29 |
|
$154.94 |
|
$142.39 |
| Dividend Per Share (common) |
|
$2.01 |
|
$1.76 |
|
$1.60 |
|
