Overview Financials News + Filings IR Vault Key Docs Charts Transactions Holdings Ownership Insiders
|
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Education | 1,427.9 | 1,361.2 | 1,305.7 | 1,451.8 | 1,451.0 | 1,516.8 | 1,598.5 | 1,927.5 |
| Television broadcasting | 535.7 | 494.2 | 525.2 | 463.5 | 505.5 | 409.9 | 409.7 | 359.2 |
| Other businesses | 416.1 | 324.4 | 187.3 | 170.4 | 102.6 | 34.7 | 326.9 | |
| Other | 1,544.8 | 1,006.2 | 870.8 | 846.5 | 636.8 | 630.4 | 146.8 | 299.4 |
| Total revenues [+] | 3,924.5 | 3,186.0 | 2,889.1 | 2,932.1 | 2,696.0 | 2,591.8 | 2,481.9 | 2,586.1 |
| Advertising | | | | | | | | 299.1 |
| Other | | | | | | | | 359.6 |
| Revenue growth [+] | 23.2% | 10.3% | -1.5% | 8.8% | 4.0% | 4.4% | -4.0% | -5.5% |
| Education | 4.9% | 4.3% | -10.1% | 0.1% | -4.3% | -5.1% | -17.1% | -10.8% |
| Television broadcasting | 8.4% | -5.9% | 13.3% | -8.3% | 23.3% | 0.0% | 14.1% | -1.3% |
| Other businesses | 28.3% | 73.1% | 9.9% | 66.1% | 195.4% | -89.4% | | |
| Unit growth | 13.3% | 400.0% | 0.0% | | | | | |
| Cost of goods sold | 2,657.7 | 2,114.6 | 1,912.1 | 1,948.2 | 1,586.6 | 1,454.3 | 1,270.0 | 1,206.2 |
| Gross profit | 1,266.8 | 1,071.4 | 977.0 | 983.9 | 1,109.3 | 1,137.5 | 1,211.9 | 1,380.0 |
| Gross margin | 32.3% | 33.6% | 33.8% | 33.6% | 41.1% | 43.9% | 48.8% | 53.4% |
| Selling, general and administrative | 921.7 | 831.9 | 715.4 | 717.7 | 750.9 | 887.8 | 896.1 | 1,104.2 |
| Equity in earnings | -2.8 | 17.9 | 6.7 | 11.7 | 14.5 | -3.2 | -7.9 | -0.7 |
| Other operating expenses | 132.1 | 129.3 | 131.0 | 112.5 | 104.1 | 103.7 | 88.1 | 91.0 |
| EBITDA [+] | 401.1 | 315.3 | 325.1 | 331.1 | 420.3 | 287.6 | 337.7 | 300.1 |
| EBITDA growth | 27.2% | -3.0% | -1.8% | -21.2% | 46.1% | -14.8% | 12.5% | -18.6% |
| EBITDA margin | 10.2% | 9.9% | 11.3% | 11.3% | 15.6% | 11.1% | 13.6% | 11.6% |
| Depreciation | 132.1 | 129.3 | 131.0 | 112.5 | 104.1 | 103.7 | 91.3 | 96.9 |
| EBITA | 268.9 | 186.1 | 194.1 | 218.7 | 316.1 | 183.9 | 246.4 | 203.2 |
| EBITA margin | 6.9% | 5.8% | 6.7% | 7.5% | 11.7% | 7.1% | 9.9% | 7.9% |
| Amortization of intangibles | 58.9 | 57.9 | 56.8 | 53.2 | 47.4 | 41.2 | 26.7 | 19.0 |
| EBIT [+] | 210.1 | 128.2 | 137.3 | 165.4 | 268.7 | 142.8 | 219.8 | 184.2 |
| EBIT growth | 63.9% | -6.6% | -17.0% | -38.4% | 88.2% | -35.0% | 19.3% | -47.4% |
| EBIT margin | 5.4% | 4.0% | 4.8% | 5.6% | 10.0% | 5.5% | 8.9% | 7.1% |
| Non-recurring items [+] | 129.0 | 32.9 | 30.2 | 9.2 | 8.1 | 9.6 | 4.8 | 265.7 |
| Asset impairment | 129.0 | 32.9 | 30.2 | 9.2 | 8.1 | 9.6 | 1.6 | 259.7 |
| Interest expense, net [+] | 51.2 | 30.5 | 34.4 | 23.6 | 32.5 | 27.3 | 32.3 | 30.7 |
| Interest expense | 54.4 | 33.9 | 38.3 | 29.8 | 37.9 | 33.9 | 35.4 | 32.7 |
| Interest income | 3.2 | 3.4 | 3.9 | 6.2 | 5.4 | 6.6 | 3.1 | 1.9 |
| Other income (expense), net | 91.9 | 384.9 | 334.6 | 293.9 | 95.4 | 76.9 | 68.0 | -8.6 |
| Pre-tax income | 121.7 | 449.6 | 407.3 | 426.5 | 323.5 | 182.8 | 250.7 | -120.9 |
| Income taxes | 51.3 | 96.3 | 107.3 | 98.6 | 52.1 | -119.7 | 81.2 | 20.5 |
| Tax rate | 42.1% | 21.4% | 26.3% | 23.1% | 16.1% | | 32.4% | |
| Minority interest | 3.4 | 1.3 | -0.4 | 0.0 | 0.2 | 0.4 | 0.9 | 1.4 |
| Earnings from continuing ops | 67.1 | 352.1 | 300.4 | 327.9 | 271.2 | 302.0 | 168.6 | -143.5 |
| Earnings from discontinued ops | | | | | | | | 42.2 |
| Net income | 67.1 | 352.1 | 300.4 | 327.9 | 271.2 | 302.0 | 168.6 | -101.3 |
| Net margin | 1.7% | 11.1% | 10.4% | 11.2% | 10.1% | 11.7% | 6.8% | -3.9% |
| |
| Basic EPS [+] | $13.91 | $71.11 | $58.62 | $62.04 | $50.85 | $54.76 | $30.33 | ($25.05) |
| Growth | -80.4% | 21.3% | -5.5% | 22.0% | -7.1% | 80.6% | -221.1% | -121.2% |
| Diluted EPS [+] | $13.87 | $70.91 | $58.45 | $61.55 | $50.50 | $54.40 | $30.16 | ($25.05) |
| Growth | -80.4% | 21.3% | -5.0% | 21.9% | -7.2% | 80.4% | -220.4% | -121.3% |
| |
| Dividends per share [+] | $6.37 | $6.09 | $5.85 | $5.59 | $5.37 | $5.14 | $4.92 | $9.38 |
| Growth | 4.6% | 4.1% | 4.6% | 4.2% | 4.5% | 4.5% | -47.6% | -10.9% |
| |
| Shares outstanding (basic) [+] | 4.8 | 5.0 | 5.1 | 5.3 | 5.3 | 5.5 | 5.6 | 5.7 |
| Growth | -2.6% | -3.4% | -3.0% | -0.9% | -3.3% | -0.8% | -2.9% | -11.5% |
| Shares outstanding (diluted) [+] | 4.8 | 5.0 | 5.1 | 5.3 | 5.4 | 5.6 | 5.6 | 5.7 |
| Growth | -2.6% | -3.4% | -3.5% | -0.8% | -3.3% | -0.7% | -2.4% | -11.9% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|