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Erie Indemnity Co.$176.06$.29.16%

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Income Statement for Erie Indemnity Co.
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $2,382.21 $1,691.77 $1,596.63
Cost of Goods Sold $2,037.87 $947.48 $893.80
Gross Profit $344.34 $744.29 $702.83
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $0.00 $455.92 $410.47
Income Before Depreciation $344.34 $288.37 $292.36
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $29.44 $28.56 $27.83
Interest Expense $2.46 $1.24 $0.10
Pretax Income $371.32 $315.70 $320.09
       
Provision for Income Taxes $83.10 $118.70 $109.73
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $288.22 $197.00 $210.37
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $288.22 $197.00 $210.37
       
Basic Earnings Per Share $6.24 $4.27 $4.55
Diluted Earnings Per Share $5.51 $3.76 $4.01
       
Weighted Average Basic Shares Outstanding 46.19 46.19 46.19
Weighted Average Diluted Shares Outstanding 52.32 52.34 52.44
       
Income Before Non-Recurring Items $288.22 $207.10 $210.37
Income From Non-Recurring Items $0.00 ($10.10) $0.00
Diluted Earnings Per Share before extras $5.51 $3.95 $4.01
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $155.20 $144.58 $101.15
Dividend Per Share (common) $3.36 $3.13 $2.19




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