Data Definitions

Revenue
Revenue equals total sales from operations.

Cost of Goods Sold
Cost of Goods Sold includes all expenses directly associated with the production of goods or services the company sells (such as material, labor, overhead, and depreciation). It does not include SG&A.

Gross Profit
Gross Profit equals Revenue minus Cost of Goods Sold. It identifies the amount available to cover other operating expenses.

Gross Profit Margin
Gross Profit Margin equals Gross Profit divided by Revenue, expressed as a percentage. The percentage represents the amount of each dollar of Revenue that results in Gross Profit.

SG&A Expenses
Selling, General, and Administrative Expenses include all salaries, indirect production, marketing, and general corporate expenses.

Operating Income
Operating Income equals Gross Profit minus SG&A Expenses. It is the income from current operations.

Operating Margin
Operating Margin equals Operating Income divided by Revenue, expressed as a percentage. The percentage represents the amount of each dollar of Revenue that results in Operating Income.

Nonoperating Income
Nonoperating Income is a residual category into which miscellaneous Nonoperating revenues and expenses are netted.

Nonoperating Expenses
Nonoperating Expenses is the combination of "Other Taxes" and "Interest Expense." "Other Taxes," also known as other operating expenses, for most companies includes taxes other than income taxes (except excise taxes, which the company does not actually pay, but only collects on behalf of the government). For financial companies, all expenses other than interest expense and income taxes are included in Other Taxes. "Interest Expense" is all fixed interest expenses net of capitalized interest. This category also includes dividends on preferred stock of unconsolidated subsidiaries.

Income Before Taxes
Income Before Taxes is the income from total operations (continuing + discontinued operations).

Income Taxes
Income Taxes include any taxes on income, net of any investment tax credits.

Net Income After Taxes
Net Income After Taxes is the income from total operations (continuing + discontinued) after taxes have been taken out.

Net Income from Continuing Operations
Net Income from Continuing Operations includes income taken after taxes and before the following: Preferred Dividends, Extraordinary Gains and Losses, Income from Accumulative Effects of Accounting Change, Non-Recurring Items, Income from Tax Loss Carryforward, and Other Gains/Losses.

Net Income from Discontinued Operations
Net Income from Discontinued Operations represents the net (gain or loss) resulting from the selling or closing of discontinued operations of the company. This excludes income from extraordinary gains/losses.

Net Income from Total Operations
Net Income from Total Operations is the income from the total operations (continuing + discontinued operations) after taxes and minority interest and before extraordinary gains/losses.

Total Net Income
Total Net Income is the income after accounting for all corporate actions: Income from Continuing Operations + Income from Discontinued Operations + Income from Extraordinary Items + Income from Accumulative Effect of Accounting Changes + Income from Tax Loss Carryforward + Income from Other Gains/Losses.

Net Profit Margin
Net Profit Margin equals the Total Net Income divided by Revenue, expressed as a percentage. The percentage represents the amount of each dollar of Revenue that results in Total Net Income.

Diluted EPS from Continuing Operations
Diluted EPS from Continuing Operations equals the earnings from continuing operations divided by the Shares Outstanding, assuming full dilution.

Diluted EPS from Discontinued Operations
Diluted EPS from Discontinued Operations equals the earnings from discontinued operations divided by Shares Outstanding, assuming full dilution. This excludes income from extraordinary gains/losses.

Diluted EPS from Total Operations
Diluted EPS from Total Operations equals Diluted EPS from Continuing Operations plus Diluted EPS from Discontinued Operations.

Diluted EPS from Total Net Income
Diluted EPS from Total Net Income is the Diluted EPS after accounting for all corporate actions: EPS from Continuing Operations + EPS from Discontinued Operations + EPS from Extraordinary Items + EPS from Accumulative Effect of Accounting Changes + EPS from Tax Loss Carryforward + EPS from Other Gains/Losses.

Dividends per Share
The cash payment, per share, made by the company to its shareholders. Payment is usually made quarterly, but can be paid biannually (ADRs).