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Dresser-Rand Group Inc. (DRC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07
   10-K10-K10-K10-K10-K10-K10-K10-K
Pre-tax income before non-recurring items  201.0297.5275.7183.9215.7311.9301.3167.6
Non-recurring items  15.4       
Asset impairment   40.0      
Pre-tax income  185.6257.5275.7183.9215.7311.9301.3167.6
Income taxes  61.288.292.862.969.0101.1103.660.9
            Tax rate  33.0%34.3%33.7%34.2%32.0%32.4%34.4%36.3%
Minority interest  -1.7-0.9-3.9-0.2    
Net income  126.1170.2186.8121.2146.7210.8197.7106.7
            Net margin  4.5%5.6%6.8%5.2%7.5%9.2%9.0%6.4%
   
Basic EPS  $1.65$2.24$2.47$1.56$1.81$2.58$2.36$1.25
Diluted EPS  $1.63$2.22$2.45$1.55$1.80$2.57$2.36$1.25
   
Shares outstanding (basic)  76.676.175.577.581.081.783.785.5
Shares outstanding (diluted)  77.276.876.378.381.581.983.885.6
   
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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