Essay About Income Taxes And Administrative Expenses

Strategy St
Strategy St
Year-To-Date 2010
Year-To-Date 2009
GAAP
GAAP
Sales
5,049
4.02%
4,854
Cost of sales (1)
3,533
3,522
GROSS MARGIN
1,516
30.03%
1,332
27.44%
Selling, general and administrative expenses
1,138
1,099
Depreciation and amortization
Impairment / other charges (2)
Other (income) (3)
Interest expense, net
4,792
4,781
Income from continuing operations before income taxes
**where the difference took place
Income tax expense (4)
Income from continuing operations
Discontinued operations, net of tax
Net income
3.35%
0.99%
Income from continuing operations
Discontinued operations, net of tax
Net income
Weighted-average diluted shares outstanding
156.7
156.3
Year-To-Date 2010
Year-To-Date 2009
GAAP
GAAP
Sales
5,049
4.02%
4,854
Cost of sales (1)
3,533
3,522
GROSS MARGIN
1,516
30.03%
1,332
27.44%
Selling, general and administrative expenses
1,138
1,099
Depreciation and amortization
Impairment / other charges (2)
Other (income) (3)
Interest expense, net
4,792
4,781
Income from continuing operations before income taxes
**where the difference took place
Income tax expense (4)
Income from continuing operations
Discontinued operations, net of tax
Net income
3.35%
0.99%
Income from continuing operations
Discontinued operations, net of tax
Net income
Weighted-average diluted shares outstanding
156.7
156.3
Year-To-Date 2010
Year-To-Date 2009
GAAP
GAAP