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Erie Indemnity Co.$120.83$1.991.67%

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Income Statement for Erie Indemnity Co.
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $1,691.77 $1,596.63 $1,539.22
Cost of Goods Sold $947.48 $893.80 $847.88
Gross Profit $744.29 $702.83 $691.34
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $455.92 $410.47 $425.09
Income Before Depreciation $288.37 $292.36 $266.25
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $28.56 $27.83 $0.00
Interest Expense $1.24 $0.10 $0.00
Pretax Income $315.70 $320.09 $266.25
       
Provision for Income Taxes $118.70 $109.73 $91.57
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 $197.00 $210.37 $174.68
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $197.00 $210.37 $174.68
       
Basic Earnings Per Share $4.27 $4.55 $3.78
Diluted Earnings Per Share $3.76 $4.01 $3.33
       
Weighted Average Basic Shares Outstanding 46.19 46.19 46.19
Weighted Average Diluted Shares Outstanding 52.34 52.44 52.50
       
Income Before Non-Recurring Items $207.10 $210.37 $175.37
Income From Non-Recurring Items ($10.10) $0.00 ($0.69)
Diluted Earnings Per Share before extras $3.95 $4.01 $3.34
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $144.58 $101.15 $159.54
Dividend Per Share (common) $3.13 $2.19 $3.45




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