SNA Income Statement

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Condensed Consolidated Statements of Earnings
Net sales 741.7M
Cost of goods sold -384.8M
Gross profit 356.9M
Operating expenses -249.1M
Operating earnings before financial services 107.8M
Financial services revenue 44M
Financial services expenses -13.5M
Operating earnings from financial services before arbitration settlement
Arbitration settlement
Operating earnings from financial services 30.5M
Operating earnings 138.3M
Interest expense -13.6M
Other income (expense) - net -600K
Earnings before income taxes and equity earnings 124.1M
Income tax expense -38.8M
Earnings before equity earnings 85.3M
Equity earnings, net of tax -200K
Net earnings 85.1M
Net earnings attributable to noncontrolling interests -2.3M
Net earnings attributable to Snap-on Incorporated 82.8M
Net earnings per share attributable to Snap-on Incorporated:
Basic 1.42
Diluted 1.4
Weighted-average shares outstanding:
Basic 58.28M
Effect of dilutive options 965.97K
Diluted 59.24M
Dividends declared per common share 0.38

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