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Tower International, Inc.$30.82   

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Income Statement for Tower International, Inc.
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $1,571.85 $1,988.05 $1,913.64
Cost of Goods Sold $1,377.96 $1,743.51 $1,675.23
Gross Profit $193.90 $244.54 $238.41
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $92.91 $128.80 $136.94
Income Before Depreciation $100.99 $115.74 $101.47
       
Depreciation, Depletion, Amortization $0.44 $0.44 $0.45
Non-Operating Income ($2.32) ($0.25) ($5.87)
Interest Expense $19.86 $13.74 $21.62
Pretax Income $78.38 $101.32 $73.53
       
Provision for Income Taxes $1.26 $55.43 $17.25
Minority Interest $0.00 $0.11 $0.70
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $77.12 $45.88 $56.29
       
Extraordinary Items & Disc. Operations ($28.22) $1.85 ($17.01)
Net Income $48.90 $47.63 $38.58
       
Basic Earnings Per Share $2.37 $2.32 $1.85
Diluted Earnings Per Share $2.33 $2.29 $1.82
       
Weighted Average Basic Shares Outstanding 20.59 20.50 20.86
Weighted Average Diluted Shares Outstanding 21.00 20.83 21.22
       
Income Before Non-Recurring Items $73.49 $76.41 $71.34
Income From Non-Recurring Items $3.63 ($30.63) ($15.75)
Diluted Earnings Per Share before extras $3.50 $3.76 $3.36
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $10.10 $9.24 $8.34
Dividend Per Share (common) $0.49 $0.45 $0.41




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