Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
Sales | 2,021.34 | 2,065.13 | 2,043.71 | 1,661.87 | 1,247.33 | 1,314.58 | 1,298.13 | 1,124.91 | 949.86 | 924.92 |
Total Revenues | 2,021.34 | 2,065.13 | 2,043.71 | 1,661.87 | 1,247.33 | 1,314.58 | 1,298.13 | 1,124.91 | 949.86 | 924.92 |
Cost of sales | 1,304.06 | 1,368.13 | 1,352.28 | 1,085.78 | 814.19 | 886.48 | 865.76 | 747.93 | 618.45 | 627.32 |
Gross Profit | 717.28 | 697.01 | 691.44 | 576.09 | 433.14 | 428.10 | 432.37 | 376.98 | 331.41 | 297.61 |
Selling and administrative expenses | 470.14 | 433.48 | 432.08 | 386.28 | 300.12 | 298.45 | 298.71 | 265.69 | 221.21 | 204.25 |
Restructuring expenses | 3.50 | 1.09 | 2.17 | 0.62 | 2.51 | 2.52 | 1.67 | 4.31 | (0.60) | 3.00 |
Operating Income (Loss) | 243.65 | 262.44 | 257.19 | 189.19 | 130.51 | 127.13 | 131.99 | 106.99 | 110.80 | 90.36 |
Interest expense | 6.32 | 11.79 | 11.53 | 5.20 | 4.63 | 8.25 | 9.84 | 10.32 | 8.73 | 10.04 |
Other income (loss) | 1.34 | 3.70 | (3.20) | 7.98 | (0.80) | (0.41) | (1.04) | 6.90 | 0.99 | 6.86 |
Foreign exchange income/(loss) | (6.82) | (12.12) | (7.24) | (2.27) | (1.39) | (1.64) | (0.71) | 1.03 | 1.06 | (0.87) |
Income (loss) before income taxes | 231.85 | 242.22 | 235.23 | 189.71 | 123.70 | 116.84 | 120.41 | 104.59 | 104.11 | 86.32 |
Income taxes | 50.24 | 47.49 | 46.42 | 34.73 | 22.54 | 20.84 | 14.89 | 25.99 | 24.80 | 12.63 |
Deferred : Federal | -- | (1.10) | (0.10) | (0.70) | (0.20) | (0.60) | 3.60 | (10.70) | 2.90 | (1.80) |
Deferred : State | -- | (0.20) | 1.50 | 0.90 | (0.10) | 0.50 | (6.20) | 0.20 | 1.10 | (1.00) |
Deferred : Foreign | -- | (0.30) | (2.60) | (0.10) | (4.00) | (2.50) | (2.60) | (4.50) | (1.00) | (4.00) |
Discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Current payable : Federal | -- | 27.00 | 25.30 | 15.90 | 11.90 | 6.90 | 4.60 | 29.70 | 9.60 | 1.20 |
Current payable : Foreign | -- | 14.90 | 15.30 | 15.70 | 12.30 | 15.10 | 14.30 | 10.20 | 11.40 | 17.40 |
Current payable : State | -- | 7.20 | 7.00 | 3.00 | 2.60 | 1.40 | 1.20 | 1.10 | 0.80 | 0.80 |
Income from Continuing Operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Discontinued operations: Income taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Income (loss) | 181.61 | 194.73 | 188.81 | 154.98 | 101.16 | 96.00 | 105.52 | 78.60 | 79.32 | 73.69 |
Less: Net income attributable to noncontrolling interests | 1.30 | 1.46 | 1.48 | 1.12 | 0.70 | 0.52 | (0.36) | 0.41 | 0.57 | 0.75 |
Net income attributable to Franklin Electric Co., Inc | 180.31 | 193.27 | 187.33 | 153.86 | 100.46 | 95.48 | 105.88 | 78.18 | 78.75 | 72.95 |
Less: Undistributed earnings allocated to redeemable noncontrolling interest | -- | -- | -- | -- | -- | -- | -- | -- | 1.00 | 0.80 |
Less: Undistributed earnings allocable to participating securities | 0.70 | 0.70 | 0.70 | 0.90 | -- | 0.70 | 0.80 | 0.60 | 0.70 | 0.70 |
Net Income (Loss) Available to Common Shareholders | 179.60 | 192.60 | 186.60 | 153.00 | 100.46 | 94.80 | 105.10 | 77.58 | 77.05 | 71.40 |
Basic continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Basic Discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Basic) | 3.92 | 4.17 | 4.02 | 3.29 | 2.16 | 2.04 | 2.25 | 1.67 | 1.67 | 1.52 |
Diluted continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Diluted Discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Diluted) | 3.86 | 4.11 | 3.97 | 3.25 | 2.14 | 2.03 | 2.23 | 1.65 | 1.65 | 1.50 |
Weighted Average Shares Outstanding (Basic) | 45.90 | 46.20 | 46.30 | 46.40 | 46.20 | 46.40 | 46.60 | 46.50 | 46.20 | 47.10 |
Weighted Average Shares Outstanding (Diluted) | 46.50 | 46.90 | 47.00 | 47.00 | 46.70 | 46.80 | 47.00 | 47.00 | 46.70 | 47.60 |