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Financial Statements

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update)
Net Sales 844.32 779.32 517.92 286.36
Revenue 844.32 779.32 517.92 286.36
Total Revenue 844.32 779.32 517.92 286.36
Cost of Revenue 699.13 637.85 479.75 266.20
Cost of Revenue, Total 699.13 637.85 479.75 266.20
Gross Profit 145.19 141.47 38.17 20.16
Selling/General/Administrative Expense 106.39 100.22 16.90 15.94
Selling/General/Administrative Expenses, Total 106.39 100.22 16.90 15.94
Interest Expense - Operating
Interest Capitalized - Operating
Interest Expense, Net - Operating
Interest Expense (Income), Net-Operating, Total
Restructuring Charge
Impairment-Assets Held for Use --
Other Unusual Expense (Income) 9.85 --
Unusual Expense (Income) 9.85 --
Total Operating Expense 815.37 738.07 496.65 282.14
Operating Income 28.95 41.25 21.27 4.22
Interest Expense - Non-Operating -32.49 -26.15 -28.21 -18.11
Interest Capitalized - Non-Operating 21.87 22.48 19.17 12.30
Interest Expense, Net Non-Operating -10.62 -3.67 -9.04 -5.81
Investment Income, Non-Operating 0.15 -0.02
Interest/Investment Income, Non-Operating 0.15 -0.02
Interest Income (Expense), Net-Non-Operating, Total -10.62 -3.67 -8.89 -5.82
Net Income Before Taxes 18.33 37.59 12.39 -1.60
Income Tax – Total 40.24 -109.52 0.44 --
Income After Tax -21.90 147.11 11.95 -1.60
Minority Interest -- -- -0.33
Net Income Before Extraordinary Items -21.90 147.11 11.95 -1.93
Extraordinary Item -0.03
Total Extraordinary Items -0.03
Net Income -21.94 147.11 11.95 -1.93
Preferred Dividends -- --
Total Adjustments to Net Income -- --
Income Available to Common Excluding Extraordinary Items -21.90 147.11 11.95 -1.93
Income Available to Common Stocks Including Extraordinary Items -21.94 147.11 11.95 -1.93
Basic Weighted Average Shares 22.49 22.35 22.01 21.95
Basic EPS Excluding Extraordinary Items -0.97 6.58 0.54 -0.09
Basic EPS Including Extraordinary Items -0.98 6.58 0.54 -0.09
Dilution Adjustment -- --
Diluted Net Income -21.94 147.11 11.95 -1.93
Diluted Weighted Average Shares 22.49 26.51 22.13 21.95
Diluted EPS Excluding Extraordinary Items -0.97 5.55 0.54 -0.09
Diluted EPS Including Extraordinary Items -0.98 5.55 0.54 -0.09
DPS - Common Stock Primary Issue --
Gross Dividends - Common Stock -- -- -- --
Impairment-Assets Held for Sale, Supplemental
Impairment-Assets Held for Use, Supplemental
Non-Recurring Items, Total
Total Special Items 9.85 --
Normalized Income Before Taxes 28.18 37.59 12.39 -1.60
Effect of Special Items on Income Taxes 3.45 --
Income Taxes Excluding Impact of Special Items 43.68 -109.52 0.44 --
Normalized Income After Taxes -15.50 147.11 11.95 -1.60
Normalized Income Available to Common -15.50 147.11 11.95 -1.93
Basic Normalized EPS -0.69 6.58 0.54 -0.09
Diluted Normalized EPS -0.69 5.55 0.54 -0.09
Depreciation, Supplemental 6.90 6.37 3.69 3.27
Interest Expense, Supplemental 10.62 3.67 9.04 5.81
Interest Capitalized, Supplemental -21.87 -22.48 -19.17 -12.30
Rental Expense, Supplemental 1.10 1.20 0.90 0.50
Stock-Based Compensation, Supplemental 3.31 2.21 3.11 2.77
Advertising Expense, Supplemental 4.00 3.60 3.00 3.10
Equity in Affiliates, Supplemental 0.15 -0.02
Minority Interest, Supplemental -- -- -0.33
Audit-Related Fees, Supplemental 0.81 1.24 1.05
Audit-Related Fees -- 0.01 0.23
Tax Fees, Supplemental 0.08 0.09 0.08
All Other Fees Paid to Auditor, Supplemental 0.00 0.00 0.00
Gross Margin 17.20 18.15 7.37 7.04
Operating Margin 3.43 5.29 4.11 1.47
Pretax Margin 2.17 4.82 2.39 -0.56
Effective Tax Rate 219.48 -291.39 3.52
Net Profit Margin -2.59 18.88 2.31 -0.67
Normalized EBIT 38.80 41.25 21.27 4.22
Normalized EBITDA 45.70 47.62 24.96 7.49
Current Tax - Domestic 0.08 0.54
Current Tax - Local 0.30 0.36
Current Tax - Total 0.38 0.91
Deferred Tax - Domestic 38.27 -93.38
Deferred Tax - Local 1.59 -17.04
Deferred Tax - Total 39.86 -110.43
Income Tax - Total 40.24 -109.52
Defined Contribution Expense - Domestic
Total Pension Expense

In millions of USD (except for per share items)