AEROJET ROCKETDYNE HOLDINGS, INC. (AJRD) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Nov-30-15	Nov-30-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K/A	10-K/A
Net sales	2,188.0	2,072.7	1,981.5	1,895.9	1,877.2	1,761.3	1,708.3	1,602.2
Net sales growth	5.6%	4.6%	4.5%	1.0%	6.6%		6.6%	16.3%
Operating costs and expenses:
Cost of sales (exclusive of items shown separately below)	1,800.1	1,701.3	1,613.6	1,549.4	1,562.2	1,477.4
Selling, general and administrative expense	46.0	56.1	53.6	43.8	47.0	34.7	49.0	38.2
Depreciation and amortization	61.4	65.3	74.5	72.3	72.6	64.9	65.1	63.7

Other expense, net
Legal matters							50.0
Other	23.5	9.4	1.6	-3.3	-0.3	1.5	16.5	13.9
Total operating costs and expenses	1,931.0	1,832.1	1,743.3	3,287.5	1,689.7	1,596.8	1,672.2	1,582.6
Operating income	257.0	240.6	238.2	270.6	187.5	164.5	36.1	19.6
Operating margin	11.7%	11.6%	12.0%	14.3%	10.0%	9.3%	2.1%	1.2%

Non-operating:
Retirement benefits (income) expense
Interest expense	-20.1	-30.1	-35.7	-34.4	-30.9	-32.5	-50.4	-52.7
Total non-operating (income) expense, net	62.0	60.4	46.3	82.0	100.6	135.3	52.0	-52.6
Income tax provision	51.3	42.5	50.9	51.3	96.1	11.2	0.3	16.3
Net income	143.7	137.7	141.0	137.3	-9.2	18.0	-16.2	-50.0

Earnings per share of common stock
Basic earnings per share (in dollars per share)	$1.80	$1.76	$1.79	$1.80	($0.13)	$0.27	($0.27)	($0.86)
Diluted earnings per share (in dollars per share)	$1.75	$1.66	$1.69	$1.75	($0.13)	$0.27	($0.27)	($0.86)

Weighted average shares of common stock outstanding, basic (in shares)	79.2	77.4	77.2	74.8	73.0	65.6	61.1	57.9
Weighted average shares of common stock outstanding, diluted (in shares)	81.7	81.9	81.7	76.8	73.0	65.7	61.1	57.9