10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

ESTEE LAUDER COMPANIES INC

Ticker: EL   Fiscal Year: 2014

CONSOLIDATED STATEMENTS OF EARNINGS

Period Ending June 30, 2014 10-K (Filed: Aug 20, 2014)

(In Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 June 30, 2014June 30, 2013June 30, 2012
Net Sales
$
10,968,800
10,181,7009,713,600
Cost of Sales2,158,2002,025,9001,995,800
Gross Profit8,810,6008,155,8007,717,800
 
Operating expenses
Selling, general and administrative6,985,9006,597,0006,324,800
Restructuring and other charges(2,900)15,10059,600
Goodwill impairment9,600
Impairment of other intangible assets8,10021,700
Total operating expenses6,983,0006,629,8006,406,100
 
Operating Income1,827,6001,526,0001,311,700
 
Interest expense, net50,80054,80061,100
Interest expense on debt extinguishment19,100
Other income23,10010,500
Earnings before Income Taxes1,776,8001,475,2001,261,100
 
Provision for income taxes567,700451,400400,600
Net Earnings1,209,1001,023,800860,500
 
Net earnings attributable to noncontrolling interests(5,000)(4,000)(3,600)
Net Earnings Attributable to The Estee Lauder Companies Inc.1,204,1001,019,800856,900
 
Net earnings attributable to The Estee Lauder Companies Inc. per common share
Basic (in dollars per share)3.122.632.20
Diluted (in dollars per share)3.062.582.16
Weighted-average common shares outstanding
Basic (in shares)386,200387,600388,700
Diluted (in shares)393,100394,900397,000
Cash dividends declared per common share (in dollars per share)0.781.080.53
External Links 
ESTEE LAUDER COMPANIES INC (EL) Fiscal Year 2014
Statements of 10-K in Excel https://www.sec.gov/.../Financial.xlxs
Complete 10-K in HTML https://www.sec.gov/.../10-K.html
Complete 10-K in XBRL https://www.sec.gov/.../10-K-xbrl.zip