Financial Statements

	Year Ending Mar 2020 (Update)	Year Ending Mar 2019 (Update)	Year Ending Mar 2018 (Restated)	Year Ending Apr 2017 (Restated)	Year Ending Apr 2016 (Update)	Year Ending Mar 2015 (Update)	Year Ending Mar 2014 (Update)	Year Ending Mar 2013 (Update)	Year Ending Mar 2012 (Update)	Year Ending Apr 2011 (Update)
Net Sales	3,162.67	3,059.04	2,467.02	2,356.74	2,213.88	2,377.34	2,382.53	2,168.65	2,240.74	2,369.45
Revenue	3,162.67	3,059.04	2,467.02	2,356.74	2,213.88	2,377.34	2,382.53	2,168.65	2,240.74	2,369.45
Total Revenue	3,162.67	3,059.04	2,467.02	2,356.74	2,213.88	2,377.34	2,382.53	2,168.65	2,240.74	2,369.45
Cost of Revenue	1,047.63	955.87	743.42	708.63	671.91	708.82	743.25	737.21	786.08	819.56
Cost of Revenue, Total	1,047.63	955.87	743.42	708.63	671.91	708.82	743.25	737.21	786.08	819.56
Gross Profit	2,115.04	2,103.17	1,723.60	1,648.11	1,541.97	1,668.52	1,639.28	1,431.45	1,454.66	1,549.89
Selling/General/Administrative Expense	370.77	342.32	310.42	287.13	287.34	312.68	338.09	332.12	365.27	350.63
Labor & Related Expense	61.54	52.69	51.91	48.02	44.32	40.99	40.52	33.57	--	--
Selling/General/Administrative Expenses, Total	432.31	395.02	362.33	335.15	331.65	353.67	378.61	365.68	365.27	350.63
Research & Development	853.59	743.03	639.75	601.44	533.89	525.75	492.45	475.52	435.28	392.48
Amortization of Intangibles, Operating	8.89	4.93	2.15	5.13	6.55	9.54	9.89	9.51	7.57	1.03
Depreciation/Amortization	8.89	4.93	2.15	5.13	6.55	9.54	9.89	9.51	7.57	1.03
Restructuring Charge	28.36	0.00	33.35	0.00	0.00	24.49	0.00	0.00	3.37	10.35
Litigation	--	--	--	--	0.00	0.00	9.41	0.00	15.40	--
Impairment-Assets Held for Sale	--	--	--	--	--	--	--	--	0.00	5.90
Other Unusual Expense (Income)	--	3.40	--	--	0.00	0.00	9.85	--	--	0.00
Unusual Expense (Income)	28.36	3.40	33.35	0.00	0.00	24.49	19.26	0.00	18.77	16.25
Total Operating Expense	2,370.78	2,102.24	1,781.00	1,650.35	1,544.00	1,622.27	1,643.45	1,587.92	1,612.96	1,579.95
Operating Income	791.89	956.80	686.02	706.39	669.88	755.08	739.08	580.73	627.77	789.50
Interest Expense - Non-Operating	-39.82	-52.88	-45.84	-53.95	-55.46	-55.43	-54.04	-55.07	-54.58	-44.72
Interest Expense, Net Non-Operating	-39.82	-52.88	-45.84	-53.95	-55.46	-55.43	-54.04	-55.07	-54.58	-44.72
Interest Income, Non-Operating	52.46	77.30	58.60	51.12	40.18	35.88	28.08	25.57	23.70	18.43
Investment Income, Non-Operating	-0.01	0.00	-0.01	--	0.01	0.04	-0.01	--	--	--
Interest/Investment Income, Non-Operating	52.45	77.29	58.59	51.12	40.19	35.92	28.07	25.57	23.70	18.43
Interest Income (Expense), Net-Non-Operating, Total	12.63	24.41	12.75	-2.83	-15.27	-19.51	-25.97	-29.50	-30.88	-26.29
Other Non-Operating Income (Expense)	29.46	-12.88	-7.40	-5.48	-17.79	4.51	-3.58	-4.23	0.16	7.87
Other, Net	29.46	-12.88	-7.40	-5.48	-17.79	4.51	-3.58	-4.23	0.16	7.87
Net Income Before Taxes	833.98	968.33	691.38	698.08	636.83	740.08	709.53	547.01	597.05	771.08
Income Tax – Total	41.26	92.78	18.90	69.94	85.96	91.86	79.14	59.47	66.97	129.21
Income After Tax	792.72	875.55	672.48	628.13	550.87	648.22	630.39	487.54	530.08	641.88
Net Income Before Extraordinary Items	792.72	875.55	672.48	628.13	550.87	648.22	630.39	487.54	530.08	641.88
Extraordinary Item	--	14.20	-208.50	--	--	--	--	--	--	--
Total Extraordinary Items	--	14.20	-208.50	--	--	--	--	--	--	--
Net Income	792.72	889.75	463.98	628.13	550.87	648.22	630.39	487.54	530.08	641.88
Income Available to Common Excluding Extraordinary Items	792.72	875.55	672.48	628.13	550.87	648.22	630.39	487.54	530.08	641.88
Income Available to Common Stocks Including Extraordinary Items	792.72	889.75	463.98	628.13	550.87	648.22	630.39	487.54	530.08	641.88
Basic Weighted Average Shares	251.73	252.76	249.60	252.30	257.18	265.48	266.43	261.65	263.78	264.09
Basic EPS Excluding Extraordinary Items	3.15	3.46	2.69	2.49	2.14	2.44	2.37	1.86	2.01	2.43
Basic EPS Including Extraordinary Items	3.15	3.52	1.86	2.49	2.14	2.44	2.37	1.86	2.01	2.43
Diluted Net Income	792.72	889.75	463.98	628.13	550.87	648.22	630.39	487.54	530.08	641.88
Diluted Weighted Average Shares	254.94	256.43	257.96	268.81	268.67	276.12	287.40	272.57	272.16	268.06
Diluted EPS Excluding Extraordinary Items	3.11	3.41	2.61	2.34	2.05	2.35	2.19	1.79	1.95	2.39
Diluted EPS Including Extraordinary Items	3.11	3.47	1.80	2.34	2.05	2.35	2.19	1.79	1.95	2.39
DPS - Common Stock Primary Issue	1.48	1.44	1.40	1.32	1.24	1.16	1.00	0.88	0.76	0.64
Gross Dividends - Common Stock	371.79	364.24	353.05	332.54	318.99	267.30	267.34	230.47	200.36	169.07
Total Special Items	28.36	3.40	33.35	0.00	0.00	24.49	19.26	0.00	18.77	16.25
Normalized Income Before Taxes	862.35	971.73	724.73	698.08	636.83	764.57	728.78	547.01	615.82	787.33
Effect of Special Items on Income Taxes	1.40	0.33	0.91	0.00	0.00	3.04	2.15	0.00	2.11	2.72
Income Taxes Excluding Impact of Special Items	42.67	93.10	19.81	69.94	85.96	94.90	81.29	59.47	69.08	131.93
Normalized Income After Taxes	819.68	878.63	704.92	628.13	550.87	669.67	647.50	487.54	546.74	655.40
Normalized Income Available to Common	819.68	878.63	704.92	628.13	550.87	669.67	647.50	487.54	546.74	655.40
Basic Normalized EPS	3.26	3.48	2.82	2.49	2.14	2.52	2.43	1.86	2.07	2.48
Diluted Normalized EPS	3.22	3.43	2.73	2.34	2.05	2.43	2.25	1.79	2.01	2.44
Amortization of Intangibles, Supplemental	60.05	33.66	50.32	17.20	17.61	19.65	19.81	17.23	7.57	1.03
Depreciation, Supplemental	60.70	70.70	46.44	45.42	50.83	55.27	55.46	56.33	55.66	50.36
Interest Expense, Supplemental	39.82	52.88	45.84	53.95	55.46	55.43	54.04	55.07	54.58	44.72
Rental Expense, Supplemental	16.58	4.40	3.90	5.00	4.50	3.20	3.10	3.90	3.10	4.90
Stock-Based Compensation, Supplemental	186.72	147.94	153.82	122.86	111.98	99.86	94.31	77.86	67.42	60.26
Research & Development Expense, Supplemental	853.59	743.03	639.75	601.44	533.89	525.75	492.45	475.52	435.28	392.48
Audit-Related Fees, Supplemental	3.39	3.15	--	--	2.65	2.64	2.87	2.55	2.66	2.75
Audit-Related Fees	0.00	0.54	--	--	0.00	0.00	0.00	0.01	0.01	0.01
Tax Fees, Supplemental	0.22	0.24	--	--	0.11	0.32	0.30	0.17	0.13	0.30
All Other Fees Paid to Auditor, Supplemental	0.07	0.00	--	--	0.00	0.00	0.00	0.06	0.03	0.02
Gross Margin	66.88	68.75	69.87	69.93	69.65	70.18	68.80	66.01	64.92	65.41
Operating Margin	25.04	31.28	27.81	29.97	30.26	31.76	31.02	26.78	28.02	33.32
Pretax Margin	26.37	31.65	28.02	29.62	28.77	31.13	29.78	25.22	26.65	32.54
Effective Tax Rate	4.95	9.58	2.73	10.02	13.50	12.41	11.15	10.87	11.22	16.76
Net Profit Margin	25.06	28.62	27.26	26.65	24.88	27.27	26.46	22.48	23.66	27.09
Normalized EBIT	820.25	960.20	719.37	706.39	669.88	779.57	758.34	580.73	646.54	805.75
Normalized EBITDA	941.00	1,064.56	816.13	769.02	738.32	854.48	833.61	654.29	709.77	857.14
Current Tax - Domestic	-2.06	90.67	565.77	-19.10	21.37	61.31	16.69	97.11	-17.33	14.17
Current Tax - Foreign	26.92	16.28	23.48	21.12	18.02	9.43	7.26	5.46	7.98	3.11
Current Tax - Local	5.48	4.62	2.52	-0.94	2.45	3.33	1.33	1.01	-3.00	2.37
Current Tax - Total	30.34	111.58	591.77	1.09	41.83	74.07	25.29	103.57	-12.35	19.64
Deferred Tax - Domestic	11.53	-16.55	-579.39	65.05	42.15	17.12	48.02	-45.47	74.91	95.66
Deferred Tax - Foreign	-9.89	-4.80	-1.29	0.64	0.20	-1.14	-0.13	-0.38	-2.18	0.66
Deferred Tax - Local	9.29	2.55	7.81	3.17	1.78	1.80	5.95	1.74	6.59	13.24
Deferred Tax - Total	10.92	-18.80	-572.87	68.86	44.13	17.79	53.85	-44.10	79.33	109.56
Income Tax - Total	41.26	92.78	18.90	69.94	85.96	91.86	79.14	59.47	66.97	129.21
Defined Contribution Expense - Retirement	16.50	15.10	--	--	11.00	13.00	13.20	9.50	9.80	8.90
Total Pension Expense	16.50	15.10	--	--	11.00	13.00	13.20	9.50	9.80	8.90

Investor Relations

Financial Statements