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FULLER H B CO (FUL)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-03-22Nov-27-21Nov-28-20Nov-30-19Dec-01-18Dec-02-17Dec-03-16Nov-28-15
   10-K10-K10-K10-K10-K/A10-K10-K10-K
Revenues:  
    Americas Adhesives       902.8806.1830.8
    EIMEA  1,028.6917.9756.2793.9866.1564.4545.1549.6
    Engineering Adhesives  1,532.61,371.81,088.31,158.41,186.5313.7245.2199.9
    Asia Pacific  674.9644.7540.9534.5526.0264.7241.8230.7
    Other  513.0343.6404.9410.1462.4260.5256.3272.7
Total revenues   [+]3,749.23,278.02,790.32,897.03,041.02,306.02,094.62,083.7
            Revenue growth   [+]14.4%17.5%-3.7%-4.7%31.9%10.1%0.5%-1.0%
Cost of goods sold  2,785.52,432.72,033.62,090.12,212.80.01,488.81,515.6
Gross profit  963.7845.3756.6806.9828.22,306.0605.8568.0
            Gross margin  25.7%25.8%27.1%27.9%27.2%100.0%28.9%27.3%
Selling, general and administrative  641.0592.7538.3580.9590.3479.5407.6397.6
Equity in earnings  5.77.77.47.48.28.77.45.9
EBITDA   [+]490.4438.1383.9417.3412.8191.6264.6234.0
            EBITDA margin  13.1%13.4%13.8%14.4%13.6%8.3%12.6%11.2%
Depreciation  72.672.168.267.168.651.149.248.3
EBITA  417.8366.0315.7350.2344.2140.5215.4185.7
            EBITA margin  11.1%11.2%11.3%12.1%11.3%6.1%10.3%8.9%
Amortization of intangibles  74.471.170.674.176.536.228.527.0
EBIT   [+]343.4294.9245.1276.1267.7104.3186.9158.7
            EBIT margin  9.2%9.0%8.8%9.5%8.8%4.5%8.9%7.6%
Non-recurring items   [+]      0.2-4.7
Interest expense, net   [+]83.768.675.491.199.239.825.325.0
Other income (expense), net  -7.8-9.5-11.4-12.2-11.8-3.92.0 
Pre-tax income  251.9216.9158.4172.8156.760.6163.4138.3
Income taxes  77.263.041.949.4-6.49.848.955.9
            Tax rate  30.6%29.1%26.5%28.6% 16.2%29.9%40.4%
Minority interest  0.10.10.10.00.00.00.30.4
Earnings from continuing ops  180.3161.4123.7130.8171.259.4121.7176.4
Earnings from discontinued ops         -1.3
Net income  180.3161.4123.7130.8171.259.4121.7175.1
            Net margin  4.8%4.9%4.4%4.5%5.6%2.6%5.8%8.4%
   
Basic EPS   [+]$3.37$3.05$2.38$2.57$3.38$1.18$2.43$3.51
Diluted EPS   [+]$3.26$2.97$2.36$2.52$3.29$1.15$2.37$3.43
   
Dividends per share   [+]$0.74$0.67$0.65$0.64$0.62$0.59$0.55$0.51
   
Shares outstanding (basic)   [+]53.652.952.050.950.650.450.150.3
Shares outstanding (diluted)   [+]55.354.352.552.052.051.651.351.4
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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