Primo Water Corp (COT) [Rocket]

In millions, except per share items	Dec-31-22	Jan-01-22	Jan-02-21	Dec-28-19	Dec-29-18	Dec-30-17	Dec-31-16	Jan-02-16
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
DSS Group Inc						990.6		651.3
All Other				7.2	80.7	67.9		166.1
North America	1,685.6	1,562.9	1,493.2	1,269.8	1,188.4
Other	529.5	510.4	460.3	518.4	521.9	1,211.2		369.9
Total revenues	2,215.1	2,073.3	1,953.5	1,795.4	1,791.0	2,269.7	1,623.2	1,187.3
Revenue growth [+]	6.8%	6.1%	8.8%	0.2%	-21.1%	39.8%	36.7%	-43.5%
DSS Group Inc								80.7%
All Other				-91.1%	18.9%			155.5%
North America	7.9%	4.7%	17.6%	6.8%
Cost of goods sold	921.7	915.9	839.6	734.2	767.4	1,142.0	773.1	536.8
Gross profit	1,293.4	1,157.4	1,113.9	1,061.2	1,023.6	1,127.7	850.1	650.5
Gross margin	58.4%	55.8%	57.0%	59.1%	57.2%	49.7%	52.4%	54.8%
Selling, general and administrative	1,151.4	1,034.3	1,006.6	962.2	955.0	1,043.2	806.2	608.4
Other operating expenses	-38.8
EBITDA [+]	423.6	342.2	309.4	267.6	240.3	273.1	195.0	170.4
EBITDA growth	23.8%	10.6%	15.6%	11.4%	-12.0%	40.1%	14.4%	-3.7%
EBITDA margin	19.1%	16.5%	15.8%	14.9%	13.4%	12.0%	12.0%	14.4%
Depreciation	177.6	155.5	138.8	112.1	108.7	120.0	97.8	81.6
EBITA	246.0	186.7	170.6	155.5	131.6	153.1	97.2	88.8
EBITA margin	11.1%	9.0%	8.7%	8.7%	7.3%	6.7%	6.0%	7.5%
Amortization of intangibles	65.2	63.6	63.3	56.5	63.0	68.6	53.3	46.7
EBIT [+]	180.8	123.1	107.3	99.0	68.6	84.5	43.9	42.1
EBIT growth	46.9%	14.7%	8.4%	44.3%	-18.8%	92.5%	4.3%	-36.5%
EBIT margin	8.2%	5.9%	5.5%	5.5%	3.8%	3.7%	2.7%	3.5%
Non-recurring items [+]	52.9	20.1	159.5	24.0	25.9	40.6	34.4	24.2
Asset impairment	29.1		115.2
Restructuring charges	15.3	10.8	33.7	16.4	17.2	30.4	27.8	20.0
Loss (gain) on sale of assets	8.5	9.3	10.6	7.6	8.7	10.2	6.6	4.2
Interest expense	69.8	68.8	81.6	77.6	77.6	85.5	43.0	30.1
Interest expense	69.8	68.8	81.6	77.6	77.6	85.5	43.0	30.1
Other income (expense), net	-8.8	-27.9	-18.7	-3.7	42.0	8.0	-5.6	12.8
Pre-tax income	49.3	6.3	-152.5	-6.3	7.1	-33.6	-39.1	0.6
Income taxes	19.7	9.5	4.3	4.5	-8.3	-30.0	21.2	-15.1
Tax rate	40.0%	150.8%				89.3%
Minority interest					0.6	8.5	6.3	6.1
Earnings from continuing ops	29.6	-3.2	-156.8	-10.8	14.8	-12.1	-66.6	-8.3
Earnings from discontinued ops			0.0	0.0	368.1	10.7	-11.2	4.9
Net income	29.6	-3.2	-131.7	2.9	382.9	-1.4	-77.8	-3.4
Net margin	1.3%	-0.2%	-6.7%	0.2%	21.4%	-0.1%	-4.8%	-0.3%

Basic EPS [+]	$0.18	($0.02)	($1.01)	($0.08)	$0.11	($0.09)	($0.52)	($0.08)
Growth	-1025.1%	-98.0%	1163.0%	-175.1%	-222.3%	-83.2%	544.5%	-175.5%
Diluted EPS [+]	$0.18	($0.02)	($1.01)	($0.08)	$0.10	($0.09)	($0.52)	($0.08)
Growth	-1018.7%	-98.0%	1163.0%	-176.3%	-220.3%	-83.2%	544.5%	-177.3%

Dividends per share [+]	$0.28	$0.24	$0.25	$0.24	$0.24	$0.24	$0.24	$0.30
Growth	16.7%	-5.0%	6.0%	0.1%	0.0%	-1.9%	-18.6%	23.7%

Shares outstanding (basic) [+]	160.8	160.8	155.4	135.2	139.1	139.1	128.3	103.0
Growth	0.0%	3.4%	15.0%	-2.8%	0.0%	8.4%	24.5%	9.9%
Shares outstanding (diluted) [+]	161.9	160.8	155.4	135.2	141.4	139.1	128.3	103.0
Growth	0.7%	3.4%	15.0%	-4.4%	1.7%	8.4%	24.5%	7.4%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.