Financial Statements

	Year Ending Apr 2021 (Update)	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)
Net Sales	3,147.60	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
Revenue	3,147.60	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
Total Revenue	3,147.60	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
Cost of Revenue	994.60	1,047.63	955.87	743.42	708.63	671.91	708.82	743.25	737.21	786.08
Cost of Revenue, Total	994.60	1,047.63	955.87	743.42	708.63	671.91	708.82	743.25	737.21	786.08
Gross Profit	2,153.00	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
Selling/General/Administrative Expense	400.56	370.77	342.32	310.42	287.13	287.34	312.68	338.09	332.12	365.27
Labor & Related Expense	83.19	61.54	52.69	51.91	48.02	44.32	40.99	40.52	33.57	--
Selling/General/Administrative Expenses, Total	483.75	432.31	395.02	362.33	335.15	331.65	353.67	378.61	365.68	365.27
Research & Development	904.64	853.59	743.03	639.75	601.44	533.89	525.75	492.45	475.52	435.28
Amortization of Intangibles, Operating	11.47	8.89	4.93	2.15	5.13	6.55	9.54	9.89	9.51	7.57
Depreciation/Amortization	11.47	8.89	4.93	2.15	5.13	6.55	9.54	9.89	9.51	7.57
Restructuring Charge	0.00	28.36	0.00	33.35	0.00	0.00	24.49	0.00	0.00	3.37
Litigation	--	--	--	--	--	0.00	0.00	9.41	0.00	15.40
Impairment-Assets Held for Sale	--	--	--	--	--	--	--	--	--	0.00
Other Unusual Expense (Income)	--	--	3.40	--	--	0.00	0.00	9.85	--	--
Unusual Expense (Income)	0.00	28.36	3.40	33.35	0.00	0.00	24.49	19.26	0.00	18.77
Total Operating Expense	2,394.46	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
Operating Income	753.14	791.89	956.80	686.02	706.39	669.88	755.08	739.08	580.73	627.77
Interest Expense - Non-Operating	-53.69	-39.82	-52.88	-45.84	-53.95	-55.46	-55.43	-54.04	-55.07	-54.58
Interest Expense, Net Non-Operating	-53.69	-39.82	-52.88	-45.84	-53.95	-55.46	-55.43	-54.04	-55.07	-54.58
Interest Income, Non-Operating	10.76	52.46	77.30	58.60	51.12	40.18	35.88	28.08	25.57	23.70
Investment Income, Non-Operating	--	-0.01	0.00	-0.01	--	0.01	0.04	-0.01	--	--
Interest/Investment Income, Non-Operating	10.76	52.45	77.29	58.59	51.12	40.19	35.92	28.07	25.57	23.70
Interest Income (Expense), Net-Non-Operating, Total	-42.93	12.63	24.41	12.75	-2.83	-15.27	-19.51	-25.97	-29.50	-30.88
Other Non-Operating Income (Expense)	19.47	29.46	-12.88	-7.40	-5.48	-17.79	4.51	-3.58	-4.23	0.16
Other, Net	19.47	29.46	-12.88	-7.40	-5.48	-17.79	4.51	-3.58	-4.23	0.16
Net Income Before Taxes	729.68	833.98	968.33	691.38	698.08	636.83	740.08	709.53	547.01	597.05
Income Tax – Total	83.17	41.26	92.78	18.90	69.94	85.96	91.86	79.14	59.47	66.97
Income After Tax	646.51	792.72	875.55	672.48	628.13	550.87	648.22	630.39	487.54	530.08
Net Income Before Extraordinary Items	646.51	792.72	875.55	672.48	628.13	550.87	648.22	630.39	487.54	530.08
Extraordinary Item	--	--	14.20	-208.50	--	--	--	--	--	--
Total Extraordinary Items	--	--	14.20	-208.50	--	--	--	--	--	--
Net Income	646.51	792.72	889.75	463.98	628.13	550.87	648.22	630.39	487.54	530.08
Income Available to Common Excluding Extraordinary Items	646.51	792.72	875.55	672.48	628.13	550.87	648.22	630.39	487.54	530.08
Income Available to Common Stocks Including Extraordinary Items	646.51	792.72	889.75	463.98	628.13	550.87	648.22	630.39	487.54	530.08
Basic Weighted Average Shares	244.26	251.73	252.76	249.60	252.30	257.18	265.48	266.43	261.65	263.78
Basic EPS Excluding Extraordinary Items	2.65	3.15	3.46	2.69	2.49	2.14	2.44	2.37	1.86	2.01
Basic EPS Including Extraordinary Items	2.65	3.15	3.52	1.86	2.49	2.14	2.44	2.37	1.86	2.01
Diluted Net Income	646.51	792.72	889.75	463.98	628.13	550.87	648.22	630.39	487.54	530.08
Diluted Weighted Average Shares	247.23	254.94	256.43	257.96	268.81	268.67	276.12	287.40	272.57	272.16
Diluted EPS Excluding Extraordinary Items	2.62	3.11	3.41	2.61	2.34	2.05	2.35	2.19	1.79	1.95
Diluted EPS Including Extraordinary Items	2.62	3.11	3.47	1.80	2.34	2.05	2.35	2.19	1.79	1.95
DPS - Common Stock Primary Issue	1.51	1.48	1.44	1.40	1.32	1.24	1.16	1.00	0.88	0.76
Gross Dividends - Common Stock	278.67	371.79	364.24	353.05	332.54	318.99	267.30	267.34	230.47	200.36
Total Special Items	0.00	28.36	3.40	33.35	0.00	0.00	24.49	19.26	0.00	18.77
Normalized Income Before Taxes	729.68	862.35	971.73	724.73	698.08	636.83	764.57	728.78	547.01	615.82
Effect of Special Items on Income Taxes	0.00	1.40	0.33	0.91	0.00	0.00	3.04	2.15	0.00	2.11
Income Taxes Excluding Impact of Special Items	83.17	42.67	93.10	19.81	69.94	85.96	94.90	81.29	59.47	69.08
Normalized Income After Taxes	646.51	819.68	878.63	704.92	628.13	550.87	669.67	647.50	487.54	546.74
Normalized Income Available to Common	646.51	819.68	878.63	704.92	628.13	550.87	669.67	647.50	487.54	546.74
Basic Normalized EPS	2.65	3.26	3.48	2.82	2.49	2.14	2.52	2.43	1.86	2.07
Diluted Normalized EPS	2.62	3.22	3.43	2.73	2.34	2.05	2.43	2.25	1.79	2.01
Amortization of Intangibles, Supplemental	64.08	60.05	33.66	50.32	17.20	17.61	19.65	19.81	17.23	7.57
Depreciation, Supplemental	69.00	60.70	70.70	46.44	45.42	50.83	55.27	55.46	56.33	55.66
Interest Expense, Supplemental	53.69	39.82	52.88	45.84	53.95	55.46	55.43	54.04	55.07	54.58
Rental Expense, Supplemental	15.23	16.58	4.40	3.90	5.00	4.50	3.20	3.10	3.90	3.10
Stock-Based Compensation, Supplemental	246.23	186.72	147.94	153.82	122.86	111.98	99.86	94.31	77.86	67.42
Research & Development Expense, Supplemental	904.64	853.59	743.03	639.75	601.44	533.89	525.75	492.45	475.52	435.28
Audit-Related Fees, Supplemental	3.41	3.39	3.15	--	--	2.65	2.64	2.87	2.55	2.66
Audit-Related Fees	0.48	0.00	0.54	--	--	0.00	0.00	0.00	0.01	0.01
Tax Fees, Supplemental	0.28	0.22	0.24	--	--	0.11	0.32	0.30	0.17	0.13
All Other Fees Paid to Auditor, Supplemental	0.00	0.07	0.00	--	--	0.00	0.00	0.00	0.06	0.03
Gross Margin	68.40	66.88	68.75	69.87	69.93	69.65	70.18	68.80	66.01	64.92
Operating Margin	23.93	25.04	31.28	27.81	29.97	30.26	31.76	31.02	26.78	28.02
Pretax Margin	23.18	26.37	31.65	28.02	29.62	28.77	31.13	29.78	25.22	26.65
Effective Tax Rate	11.40	4.95	9.58	2.73	10.02	13.50	12.41	11.15	10.87	11.22
Net Profit Margin	20.54	25.06	28.62	27.26	26.65	24.88	27.27	26.46	22.48	23.66
Normalized EBIT	753.14	820.25	960.20	719.37	706.39	669.88	779.57	758.34	580.73	646.54
Normalized EBITDA	886.22	941.00	1,064.56	816.13	769.02	738.32	854.48	833.61	654.29	709.77
Current Tax - Domestic	97.71	-2.06	90.67	565.77	-19.10	21.37	61.31	16.69	97.11	-17.33
Current Tax - Foreign	11.68	26.92	16.28	23.48	21.12	18.02	9.43	7.26	5.46	7.98
Current Tax - Local	5.01	5.48	4.62	2.52	-0.94	2.45	3.33	1.33	1.01	-3.00
Current Tax - Total	114.40	30.34	111.58	591.77	1.09	41.83	74.07	25.29	103.57	-12.35
Deferred Tax - Domestic	-20.67	11.53	-16.55	-579.39	65.05	42.15	17.12	48.02	-45.47	74.91
Deferred Tax - Foreign	-6.21	-9.89	-4.80	-1.29	0.64	0.20	-1.14	-0.13	-0.38	-2.18
Deferred Tax - Local	-4.35	9.29	2.55	7.81	3.17	1.78	1.80	5.95	1.74	6.59
Deferred Tax - Total	-31.23	10.92	-18.80	-572.87	68.86	44.13	17.79	53.85	-44.10	79.33
Income Tax - Total	83.17	41.26	92.78	18.90	69.94	85.96	91.86	79.14	59.47	66.97
Defined Contribution Expense - Retirement	18.30	16.50	15.10	--	--	11.00	13.00	13.20	9.50	9.80
Total Pension Expense	18.30	16.50	15.10	--	--	11.00	13.00	13.20	9.50	9.80

Investor Relations

Financial Statements