Value2020202120222023TTMSelling/general/admin expenses30.16 M30.16 M42.19 M37.18 M362.57 MResearch & development—————Operating income411.92 M719.31 M732.13 M657.44 M682.85 MNon-Operating Income, Total8.15 M14.21 M23.98 M24.6 M28.18 MInterest expense, net of interest capitalized382 K1.42 M2.04 M2.04 M1.81 MNon-Operating Income, excl. Interest Expenses2.63 M4.82 M-1.55 M-1.27 M-1.81 MUnusual income/expense5.14 M7.97 M23.48 M23.83 M28.18 MPretax income385.1 M661.94 M672.29 M593.64 M624.21 MEquity in earnings1.59 M4.84 M5.54 M4.17 M4.64 MTaxes110.07 M150.59 M159 M141.06 M152.8 MNon-controlling/minority interest3.69 M4.27 M3.38 M2.4 M694 KAfter tax other income/expense11.68 M1.51 M6.7 M298 K204 KNet income before discontinued operations271.33 M507.09 M509.92 M450.17 M470.72 MDiscontinued operations—————Net income271.33 M507.09 M509.92 M450.17 M470.72 MDilution adjustment-35.86 M00——Preferred dividends5.94 M00——Diluted net income available to common stockholders229.53 M507.09 M509.92 M450.17 M470.72 MBasic earnings per share (Basic EPS)3.226.166.525.816.06Diluted earnings per share (Diluted EPS)3.156.086.455.766.01Average basic shares outstanding71.28 M82.31 M78.25 M77.55 M310.62 MDiluted shares outstanding72.91 M83.34 M79.02 M78.19 M312.89 MEBITDA—————EBIT—————Cost of revenue—————Other cost of goods sold—————Depreciation & amortization (cash flow)137.87 M142.59 M153.82 M183.37 M95.13 M
Advanced Drainage Systems Inc
Advanced Drainage Systems, Inc. is an American company that designs, manufactures and markets polypropylene and polyethylene pipes, plastic leach field chambers and systems, septic tanks and accessories, storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water filters and water separators. It is the largest maker of high-density polyethylene pipe in the United States. It is headquartered in Hilliard, Ohio. In 2020, 93% of the company's sales were in the United States and 6% were in Canada.