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ITT Income Statement

Click line-items for a historical chart and %
Consolidated Condensed Income Statements
Product revenue
Service revenue
Total revenue 608.2M
Costs of product revenue
Costs of service revenue
Total costs of revenue 417.7M
Gross profit 190.5M
Selling, general and administrative expenses
Research and development expenses 16.4M
Transformation costs
Asbestos-related costs, net
Restructuring and asset impairment charges, net
Operating income 37.2M
Interest and non-operating expenses, net 2.7M
Income from continuing operations before income tax expense 34.5M
Income tax expense 15M
Income from continuing operations 19.5M
(Loss) income from discontinued operations, including tax benefit of $0, $7, $1 and $5, respectively 1.7M
Net income 20.8M
Basic:
Continuing operations 0.21
Discontinued operations 0.02
Net income 0.23
Diluted:
Continuing operations 0.2
Discontinued operations 0.02
Net income 0.22
Weighted average common shares - basic 92M
Weighted average common shares - diluted 93.2M
Cash dividends declared per common share 0.1

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