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FRANKLIN ELECTRIC CO INC (FELE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20Sep-30-20
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Net sales  551.1451.5432.6459.0437.3333.0321.1351.2
            Net sales growth  26.0%35.6%34.7%30.7%41.8%24.8%0.3%0.8%
Cost of sales  361.9306.1287.3295.9285.0217.5209.7226.9
    Gross profit  189.3145.3145.2163.1152.2115.5111.4124.3
            Gross margin  34.3%32.2%33.6%35.5%34.8%34.7%34.7%35.4%
Selling, general, and administrative expenses  108.3104.797.7106.4100.581.676.775.5
Restructuring expense  0.00.70.20.10.20.20.30.4
    Operating income  81.039.947.256.651.633.834.448.4
            Operating margin  14.7%8.8%10.9%12.3%11.8%10.1%10.7%13.8%
Interest expense  -2.9-1.5-1.4-1.4-1.4-1.1-1.1-1.1
Other income/(expense), net  -1.2-0.46.42.1-0.4-0.10.3-0.5
Foreign exchange income/(expense)  -0.3-0.6-0.6-0.4-1.2-0.1-1.3-0.1
    Income before income taxes  76.637.551.756.948.632.532.246.7
Income tax expense  16.87.410.710.49.34.45.28.1
    Net income  59.830.141.046.539.428.227.038.6
Less: Net loss/(income) attributable to noncontrolling interests  -0.4-0.4-0.3-0.3-0.2-0.3-0.2-0.2
    Net income attributable to Franklin Electric Co., Inc.  59.429.840.746.239.127.926.838.4
   
Earnings per share:          
Basic  $1.27$0.64$0.86$0.99$0.84$0.60$0.58$0.82
Diluted  $1.26$0.63$0.85$0.98$0.83$0.59$0.57$0.82

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