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Erie Indemnity Co.$178.61$3.251.85%

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Income Statement for Erie Indemnity Co.
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $2,477.30 $2,382.21 $1,691.77
Cost of Goods Sold $2,119.96 $2,037.87 $947.48
Gross Profit $357.34 $344.34 $744.29
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $0.00 $0.00 $455.92
Income Before Depreciation $357.34 $344.34 $288.37
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $40.22 $29.44 $28.56
Interest Expense $0.86 $2.46 $1.24
Pretax Income $396.71 $371.32 $315.70
       
Provision for Income Taxes $79.88 $83.10 $118.70
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 $316.82 $288.22 $197.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $316.82 $288.22 $197.00
       
Basic Earnings Per Share $6.86 $6.24 $4.27
Diluted Earnings Per Share $6.06 $5.51 $3.76
       
Weighted Average Basic Shares Outstanding 46.19 46.19 46.19
Weighted Average Diluted Shares Outstanding 52.32 52.32 52.34
       
Income Before Non-Recurring Items $316.82 $288.22 $207.10
Income From Non-Recurring Items $0.00 $0.00 ($10.10)
Diluted Earnings Per Share before extras $6.06 $5.51 $3.95
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $166.29 $155.20 $144.58
Dividend Per Share (common) $3.60 $3.36 $3.13




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