Fiscal period | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
Period End Date | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 |
Sales | 1,661.87 | 1,247.33 | 1,314.58 | 1,298.13 | 1,124.91 | 949.86 | 924.92 | 1,047.78 | 965.46 | 891.35 |
Total Revenues | 1,661.87 | 1,247.33 | 1,314.58 | 1,298.13 | 1,124.91 | 949.86 | 924.92 | 1,047.78 | 965.46 | 891.35 |
Cost of sales | 1,085.78 | 814.19 | 886.48 | 865.76 | 747.93 | 618.45 | 627.32 | 703.37 | 633.95 | 589.68 |
Gross Profit | 576.09 | 433.14 | 428.10 | 432.37 | 376.98 | 331.41 | 297.61 | 344.41 | 331.51 | 301.66 |
Selling and administrative expenses | 386.28 | 300.12 | 298.45 | 298.71 | 265.45 | 219.93 | 204.25 | 227.71 | 204.01 | 188.49 |
Restructuring expenses | 0.62 | 2.51 | 2.52 | 1.67 | 4.31 | (0.60) | 3.00 | 16.61 | 3.72 | 0.22 |
Operating Income (Loss) | 189.19 | 130.51 | 127.13 | 131.99 | 107.23 | 112.07 | 90.36 | 100.09 | 123.78 | 112.96 |
Interest expense | 5.20 | 4.63 | 8.25 | 9.84 | 10.32 | 8.73 | 10.04 | 10.74 | 10.60 | 10.21 |
Other income (loss) | 7.98 | (0.80) | (0.41) | (1.04) | 6.66 | (0.28) | 6.86 | 1.35 | 1.70 | 14.90 |
Foreign exchange income/(loss) | (2.27) | (1.39) | (1.64) | (0.71) | 1.03 | 1.06 | (0.87) | (1.00) | (3.33) | (1.66) |
Costs of unsuccessful acquisition | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income (loss) before income taxes | 189.71 | 123.70 | 116.84 | 120.41 | 104.59 | 104.11 | 86.32 | 89.70 | 111.55 | 115.99 |
Income taxes | 34.73 | 22.54 | 20.84 | 14.89 | 25.99 | 24.80 | 12.63 | 18.85 | 28.85 | 32.25 |
Deferred : Federal | (0.70) | (0.20) | (0.60) | 3.60 | (10.70) | 2.90 | (1.80) | 3.30 | 4.30 | 4.60 |
Deferred : State | 0.90 | (0.10) | 0.50 | (6.20) | 0.20 | 1.10 | (1.00) | (1.90) | (1.30) | 0.70 |
Deferred : Foreign | (0.10) | (4.00) | (2.50) | (2.60) | (4.50) | (1.00) | (4.00) | (3.80) | (1.30) | 3.30 |
Discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Current payable : Federal | 15.90 | 11.90 | 6.90 | 4.60 | 29.70 | 9.60 | 1.20 | 7.40 | 10.80 | 13.90 |
Current payable : Foreign | 15.70 | 12.30 | 15.10 | 14.30 | 10.20 | 11.40 | 17.40 | 12.20 | 14.30 | 7.90 |
Current payable : State | 3.00 | 2.60 | 1.40 | 1.20 | 1.10 | 0.80 | 0.80 | 1.70 | 2.10 | 1.90 |
Income from Continuing Operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Discontinued operations: Income taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Income (loss) | 154.98 | 101.16 | 96.00 | 105.52 | 78.59 | 79.32 | 73.69 | 70.85 | 82.70 | 83.74 |
Less: Net income attributable to noncontrolling interests | 1.12 | 0.70 | 0.52 | (0.36) | 0.41 | 0.57 | 0.75 | 1.05 | 0.74 | 0.87 |
Net income attributable to Franklin Electric Co., Inc | 153.86 | 100.46 | 95.48 | 105.88 | 78.18 | 78.75 | 72.95 | 69.81 | 81.96 | -- |
Less: Undistributed earnings allocated to redeemable noncontrolling interest | -- | -- | -- | -- | -- | 1.00 | 0.80 | 0.90 | 0.20 | -- |
Less: Undistributed earnings allocable to participating securities | 0.90 | 0.70 | 0.70 | -- | 0.60 | 0.70 | 0.70 | 0.70 | 1.00 | 0.60 |
Net Income (Loss) Available to Common Shareholders | 153.00 | 99.80 | 94.80 | 105.88 | 77.60 | 77.00 | 71.45 | 68.21 | 80.80 | 82.26 |
Basic continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Basic Discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Basic) | 3.29 | 2.16 | 2.04 | 2.25 | 1.67 | 1.67 | 1.52 | 1.43 | 1.70 | 1.76 |
Diluted continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Diluted Discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Diluted) | 3.25 | 2.14 | 2.03 | 2.23 | 1.65 | 1.65 | 1.50 | 1.41 | 1.68 | 1.73 |
Weighted Average Shares Outstanding (Basic) | 46.40 | 46.20 | 46.40 | 46.60 | 46.50 | 46.20 | 47.10 | 47.70 | 47.50 | 46.90 |
Weighted Average Shares Outstanding (Diluted) | 47.00 | 46.70 | 46.80 | 47.00 | 47.00 | 46.70 | 47.60 | 48.20 | 48.10 | 47.70 |