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

In millions, except per share items	Mar-31-23	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21	Mar-31-21	Dec-31-20
	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K
Net sales		2,174.6	2,203.0	2,188.0	2,154.8	2,137.2	2,092.7	2,072.7
Net sales growth		1.7%	5.3%	5.6%	5.7%	7.2%	6.4%	4.6%
Operating costs and expenses:
Cost of sales (exclusive of items shown separately below)		1,831.0	1,807.6	1,800.1	1,760.2	1,755.3	1,724.4	1,701.3
Selling, general and administrative expense		41.2	45.2	46.0	52.9	58.9	56.0	56.1
Depreciation and amortization		58.7	60.6	61.4	60.0	61.6	63.3	65.3

Other expense, net
Legal matters			16.1
Other		10.9	19.6	23.5	32.2	26.8	19.7	9.4
Total operating costs and expenses		1,966.8	1,949.1	1,931.0	1,905.3	1,902.6	1,863.4	1,832.1
Operating income		207.8	253.9	257.0	249.5	234.6	229.3	240.6
Operating margin		9.6%	11.5%	11.7%	11.6%	11.0%	11.0%	11.6%

Non-operating:
Retirement benefits (income) expense
Interest expense		-18.1	-18.9	-20.1	-22.2	-24.5	-26.8	-30.1
Total non-operating (income) expense, net		35.5	44.3	62.0	64.2	65.9	68.1	60.4
Income tax provision		47.5	56.2	51.3	44.2	38.5	36.8	42.5
Net income		124.8	153.4	143.7	141.1	130.2	124.4	137.7

Earnings per share of common stock
Basic earnings per share (in dollars per share)		$1.54	$1.90	$1.79	$1.78	$1.65	$1.59	$1.76
Diluted earnings per share (in dollars per share)		$1.51	$1.85	$1.74	$1.71	$1.57	$1.50	$1.65

Weighted average shares of common stock outstanding, basic (in shares)		79.9	79.8	79.1	78.7	78.1	77.6	77.5
Weighted average shares of common stock outstanding, diluted (in shares)		83.9	83.1	81.8	81.9	81.8	81.7	82.3