| Income Statement for Navistar International Corporation |
| (Amounts are in millions) |
|
10/2009 |
|
10/2008 |
|
10/2007 |
|
|
Press Release |
|
 |
|
 |
| Net Sales or Revenues |
|
$11,569.00 |
|
$14,724.00 |
|
$12,295.00 |
| Cost of Goods Sold |
|
$9,366.00 |
|
$11,930.00 |
|
$10,131.00 |
|
|
 |
|
 |
|
 |
| Gross Profit |
|
$2,203.00 |
|
$2,794.00 |
|
$2,164.00 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$433.00 |
|
$380.00 |
|
$382.00 |
| Selling, General, & Admin. Expense |
|
$1,375.00 |
|
$1,811.00 |
|
$1,461.00 |
|
|
 |
|
 |
|
 |
| Income Before Depreciation |
|
$395.00 |
|
$603.00 |
|
$321.00 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
$215.00 |
|
$57.00 |
|
$108.00 |
| Interest Expense |
|
$251.00 |
|
$469.00 |
|
$502.00 |
|
|
 |
|
 |
|
 |
| Pretax Income |
|
$359.00 |
|
$191.00 |
|
($73.00) |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$37.00 |
|
$57.00 |
|
$47.00 |
| Minority Interest |
|
$25.00 |
|
$0.00 |
|
$0.00 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
 |
|
 |
|
 |
| Income Before Extraordinaries |
|
$297.00 |
|
$134.00 |
|
($120.00) |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$23.00 |
|
$0.00 |
|
$0.00 |
|
|
 |
|
 |
|
 |
| Net Income |
|
$320.00 |
|
$134.00 |
|
($120.00) |
|
|
 |
|
 |
|
 |
|
|
 |
|
 |
|
 |
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$4.51 |
|
$1.82 |
|
($1.70) |
| Diluted Earnings Per Share |
|
$4.46 |
|
$1.82 |
|
($1.70) |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
71.00 |
|
73.63 |
|
70.30 |
| Weighted Average Diluted Shares Outstanding |
|
71.80 |
|
73.63 |
|
70.30 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$412.00 |
|
$529.00 |
|
($120.00) |
| Income From Non-Recurring Items |
|
($115.00) |
|
($395.00) |
|
$0.00 |
| Diluted Earnings Per Share before extras |
|
$5.74 |
|
$7.23 |
|
($1.70) |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
($0.21) |
|
$0.00 |
|
($0.49) |
| Dividend (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Dividend Per Share (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|