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WATTS WATER TEC   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Net Sales2,252.202,056.301,979.501,809.201,508.601,600.501,564.901,456.701,398.401,467.70
Total Revenues2,252.202,056.301,979.50--1,508.601,600.501,564.901,456.701,398.401,467.70
Cost of goods sold1,190.201,095.401,105.201,042.10883.20923.00908.40854.30832.80914.60
Gross Profit1,062.00960.90874.30767.10625.40677.50656.50602.40565.60553.10
Goodwill impairment charge--------------1.000.50130.50
Selling, general and administrative expenses664.40604.50550.50508.20432.40476.10464.70432.30424.10491.30
Restructuring and other charges7.205.5010.6019.309.904.303.406.804.7021.40
Gain on sale of asset----1.80--------------
Gain on disposal of business--------(0.60)------8.70--
Other long-lived asset impairment charge--------(1.40)----------
Total Operating Expenses671.60610.00559.30527.50444.30480.40468.10440.10420.60(90.10)
Operating Income (Loss)390.40350.90315.00239.60181.10197.10188.40162.30145.00--
Interest expense14.708.207.006.3013.3014.1016.3019.1022.6024.30
Minority interest--------------------
Interest income8.907.200.600.000.200.400.801.001.001.00
Other1.40(0.40)(1.00)0.80(1.00)0.501.70(1.10)4.402.40
Total other expense (Non-operating)4.401.407.405.5014.1013.2013.8019.2017.2020.90
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND NONCONTROLLING INTEREST386.00349.50307.60234.10167.00183.90174.60143.10127.80(111.00)
Provision for income taxes94.8087.4056.1068.4052.7052.4046.6070.0043.601.90
Current tax expense:Foreign31.9035.6023.2030.3025.3025.5029.0017.3017.20--
Deferred tax expense (benefit):Foreign(1.20)0.20(13.70)(2.40)(6.70)(2.10)(7.70)8.500.60--
Current tax expense:Federal62.5054.6051.0032.0013.4018.7024.7042.1018.30--
Current tax expense:State15.3015.8011.5014.406.906.407.704.203.90--
Deferred tax expense (benefit):Federal(11.80)(14.70)(12.10)(4.80)14.802.50(3.20)4.003.60--
Deferred tax expense (benefit):State(1.90)(4.10)(3.80)(1.10)(1.00)1.40(1.90)5.900.00--
Deferred tax remeasurement of the 2017 Tax Act------------(2.00)(12.00)----
Income from Continuing Operations------------------(112.90)
Loss from discontinued operations, net of taxes--------------------
Net income before noncontrolling interest291.20262.10251.50165.70114.30131.50128.0073.1084.20--
Plus: Net loss attributable to the noncontrolling interest--------------------
NET INCOME ATTRIBUTABLE TO WATTS WATER TECHNOLOGIES, INC291.20262.10251.50165.70114.30131.50128.0073.1084.20(112.90)
Earnings Per Share (Basic) - Cont Ops------------------(3.24)
EPS (Basic) : Disc Ops--------------------
Basic EPS8.707.857.514.903.373.863.732.122.45(3.24)
Earnings Per Share (Diluted) - Cont Ops------------------(3.24)
Earnings Per Share (Diluted) - Disc Ops--------------------
Diluted EPS8.697.827.484.883.363.853.732.122.44(3.24)
Weighted average number of shares:Basic33.5033.4033.5033.8033.9034.1034.3034.4034.4034.90
Weighted average number of shares:Diluted33.5033.5033.6033.9034.0034.2034.3034.4034.5034.90