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B/E AEROSPACE INC (BEAV)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Corporation  2,932.92,729.62,599.02,203.31,914.3   
    Commercial aircraft  2,344.02,098.32,058.91,784.71,551.21,302.0 911.3
    Business jet  588.9631.3540.1418.6363.1254.3 228.3
    Other operating segments  43.024.424.518.1    
    Other       943.5 798.1
Total revenues  2,932.92,729.62,599.02,203.31,914.32,499.81,984.21,937.7
            Revenue growth   [+]7.4%5.0%18.0%15.1%-23.4%26.0%2.4%-8.2%
Cost of goods sold  1,799.51,642.51,582.81,296.01,113.71,563.51,263.71,268.5
Gross profit  1,133.41,087.11,016.2907.3800.6936.3720.5669.2
            Gross margin  38.6%39.8%39.1%41.2%41.8%37.5%36.3%34.5%
Selling, general and administrative     323.5315.9349.7291.7270.5
Research and development     220.9191.7158.6112.8102.6
EBITDA   [+]1,217.01,172.41,158.5452.5368.0490.1368.4345.6
            EBITDA margin  41.5%43.0%44.6%20.5%19.2%19.6%18.6%17.8%
Depreciation  65.868.197.758.945.937.130.928.9
EBITA  1,151.21,104.31,060.8393.6322.1453.0337.5316.7
            EBITA margin  39.3%40.5%40.8%17.9%16.8%18.1%17.0%16.3%
Amortization of intangibles  17.817.244.630.729.125.021.520.6
EBIT   [+]1,133.41,087.11,016.2362.9293.0428.0316.0296.1
            EBIT margin  38.6%39.8%39.1%16.5%15.3%17.1%15.9%15.3%
Interest expense, net   [+]   123.4-124.2-105.0-92.2-88.4
Other income (expense), net   [+]-626.8-635.7-875.8 -206.3-104.5-104.1-91.1
Pre-tax income  415.5356.69.8239.586.7323.0211.4204.6
Income taxes  104.470.9-47.944.67.195.268.162.6
            Tax rate  25.1%19.9% 18.6%8.2%29.5%32.2%30.6%
Net income  311.1285.757.7365.6233.7227.8143.3142.0
            Net margin  10.6%10.5%2.2%16.6%12.2%9.1%7.2%7.3%
   
Basic EPS   [+]$3.10$2.75$0.55$1.89$0.78$2.25$1.44$1.44
Diluted EPS   [+]$3.08$2.73$0.55$1.88$0.77$2.24$1.42$1.43
   
Dividends per share   [+]$0.84$0.76      
   
Shares outstanding (basic)   [+]100.4104.0104.0103.2102.2101.199.798.5
Shares outstanding (diluted)   [+]100.9104.5104.5103.9102.9101.9100.999.3
   
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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