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CDW Corp (CDW)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-23Dec-31-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21
   10-Q8-K10-Q10-Q10-K10-Q10-Q10-Q
Net sales  5,103.1-1.86,145.85,949.15,536.95,300.05,146.44,837.5
            Net sales growth  -14.2%-100.0%19.4%23.0%11.7%11.4%17.9%10.2%
Cost of sales  4,013.7 4,977.64,845.04,561.34,385.14,263.64,042.3
    Gross profit  1,089.421.11,168.21,104.1975.6914.9882.8795.2
            Gross margin  21.3%-1172.2%19.0%18.6%17.6%17.3%17.2%16.4%
Selling and administrative expenses  734.115.4732.9717.2636.3528.5512.9471.8
    Operating income  355.331.6435.3386.9339.3386.4369.9323.4
            Operating margin  7.0%-1755.6%7.1%6.5%6.1%7.3%7.2%6.7%
Interest expense, net  -57.7-36.9-57.7-56.0-43.4-36.4-35.5-35.6
Other expense, net  -1.3-30.2-0.4-0.5-8.60.436.81.1
    Income before income taxes  296.3 377.2330.4287.3350.4371.2288.9
Income tax expense  -66.2-30.6-97.9-80.2-72.0-83.8-97.1-56.3
    Net income  230.133.4279.3250.2215.3266.6274.1232.6
   
Net income per common share:          
Basic (in dollars per share)  $1.70$32.90$2.07$1.85$1.60$1.94$1.96$1.65
Diluted (in dollars per share)  $1.68$33.10$2.04$1.83$1.57$1.91$1.93$1.63
   
Weighted-average common shares outstanding:          
Basic (in shares)  135.61.0135.2134.9138.5137.3139.8141.1
Diluted (in shares)  137.31.0136.8136.7140.5139.4141.7143.1

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