Erie Statements
ER
Erie Income Statement
B
M
USD (except Earnings per share)
Financial
Revenue
Cost of sales
Gross profit
Research and development
Selling, general and administrative
Total operating expenses
Operating income
Interest expense
Other income
Income before tax
Provision for income taxes
Net income
Diluted earnings per share
Shares outstanding after dilution
990.44
100
800.23
80.8
190.21
19.2
—
0
—
0
0
0
190.21
19.2
14.215
1.4
3.292
0.3
207.33
20.9
43.424
4.4
163.9
16.5
2.806
58.406
880.7
100
741.89
84.2
138.81
15.8
—
0
—
0
0
0
138.81
15.8
17.756
2
3.411
0.4
157.3
17.9
32.75
3.7
124.55
14.1
2.133
58.403
817.67
100
690.58
84.5
127.08
15.5
—
0
—
0
0
0
127.08
15.5
17.62
2.2
3.069
0.4
139.92
17.1
28.996
3.5
110.93
13.6
1.899
58.402
858.9
100
710.5
82.7
148.5
17.3
—
0
—
0
0
0
148.5
17.3
12.4
1.4
3
0.3
163.8
19.1
32.7
3.8
131
15.3
2.24
58.4
839.9
100
705.7
84
134.2
16
—
0
—
0
0
0
134.2
16
11.8
1.4
3.3
0.4
149.1
17.8
31.2
3.7
117.9
14
2.02
58.4
752.5
100
641.9
85.3
110.5
14.7
—
0
—
0
0.1
0.01
110.5
14.7
-3.1
-0.4
3.3
0.4
109.1
14.5
22.9
3
86.2
11.5
1.48
58.4
700.6
100
619.2
88.4
81.4
11.6
—
0
—
0
0
0
81.4
11.6
0.5
0.07
0.2
0.03
82
11.7
16.5
2.4
65.5
9.3
1.12
58.4
741.2
100
634.8
85.6
106.5
14.4
—
0
—
0
-0.1
-0.01
106.5
14.4
-0.5
-0.07
0.6
0.08
106.3
14.3
22
3
84.3
11.4
1.44
58.4
726.1
100
622.1
85.7
104
14.3
—
0
—
0
0.1
0.01
104
14.3
-3
-0.4
0.3
0.04
101.3
14
21.2
2.9
80.1
11
1.37
58.4
672.1
100
587.8
87.5
84.3
12.5
—
0
—
0
0
0
84.3
12.5
2.2
0.3
0.5
0.07
86.8
12.9
18.2
2.7
68.6
10.2
1.17
58.4
635.9
100
574.1
90.3
61.8
9.7
—
0
—
0
—
0
61.8
9.7
11.3
1.8
-3.3
-0.5
69.8
11
14.8
2.3
55
8.6
0.94
58.4
687.8
100
592.7
86.2
95.1
13.8
—
0
—
0
0
0
95.1
13.8
19.4
2.8
-0.5
-0.07
114.1
16.6
23.9
3.5
90.2
13.1
1.54
58.4
680
100
595
87.5
85.1
12.5
—
0
—
0
—
0
85.1
12.5
15.4
2.3
-0.5
-0.07
99.9
14.7
20.9
3.1
79
11.6
1.35
58.4
630.2
100
554.1
87.9
76.1
12.1
—
0
—
0
0
0
76.1
12.1
16.9
2.7
-0.5
-0.08
92.6
14.7
19
3
73.6
11.7
1.26
58.4
609.3
100
544.2
89.3
65.1
10.7
—
0
—
0
0
0
65.1
10.7
13.4
2.2
-0.2
-0.03
78.2
12.8
15.4
2.5
62.8
10.3
1.07
58.4
653.5
100
557.3
85.3
96.2
14.7
—
0
—
0
0
0
96.2
14.7
16.6
2.5
-1
-0.2
111.7
17.1
22.5
3.4
89.2
13.6
1.53
58.4
657
100
565.8
86.1
91.2
13.9
—
0
—
0
—
0
91.2
13.9
11.6
1.8
-0.3
-0.05
102.5
15.6
20.5
3.1
82
12.5
1.4
58.4
616.7
100
531
86.1
85.7
13.9
—
0
—
0
0
0
85.7
13.9
-6.1
-1
-0.4
-0.06
76.1
12.3
16.8
2.7
59.3
9.6
1.02
58.4
596.7
100
528
88.5
68.7
11.5
—
0
—
0
—
0
68.7
11.5
6.9
1.2
0.1
0.02
75.7
12.7
16.1
2.7
59.6
10
1.02
58.4
638.7
100
532.8
83.4
105.9
16.6
—
0
—
0
0.1
0.02
105.9
16.6
13.5
2.1
0.1
0.02
119.5
18.7
25.3
4
94.2
14.7
1.61
58.4
647.7
100
551.1
85.1
96.6
14.9
—
0
—
0
0
0
96.6
14.9
9.5
1.5
—
0
106
16.4
18.3
2.8
87.8
13.6
1.5
58.4
594.1
100
508
85.5
86.1
14.5
—
0
—
0
0
0
86.1
14.5
9.4
1.6
—
0
95.5
16.1
20.2
3.4
75.3
12.7
1.29
58.4
576.5
100
501.7
87
74.8
13
—
0
—
0
0
0
74.7
13
5.3
0.9
3.5
0.6
82.6
14.3
20.3
3.5
62.3
10.8
1.07
58.4
612.1
100
515.4
84.2
96.7
15.8
—
0
—
0
—
0
96.7
15.8
7.7
1.3
0.1
0.02
104.5
17.1
24
3.9
80.4
13.1
1.38
58.4
621.5
100
526.1
84.7
95.3
15.3
—
0
—
0
0.1
0.02
95.3
15.3
6.3
1
0.1
0.02
101
16.3
21.3
3.4
79.7
12.8
1.36
58.4
572.2
100
494.6
86.4
77.6
13.6
—
0
—
0
—
0
77.6
13.6
5.6
1
—
0
83.2
14.5
17.5
3.1
65.8
11.5
1.13
58.4
401.4
342.8
58.6
—
—
—
58.6
6.7
-0.7
64.6
22.5
32.1
0.54
58.4
442.5
361.3
81.2
—
—
—
81.2
8
-0.4
88.9
30.3
58.5
1
58.4
448.6
365.1
83.4
—
—
0
83.5
6.3
-0.4
89.2
30.7
58.5
1.12
52.3
399.3
—
—
—
59.7
332.8
66.5
6.5
—
73
25.1
47.9
0.82
58.5
379.6
—
—
—
51.8
322.9
56.7
13.5
—
70.1
24.3
45.8
0.78
58.5
418.4
—
—
—
53.3
336.2
82.3
4.3
—
86.6
29.2
57.4
1.09
52.4
423.9
—
—
—
55
338.1
85.8
7.4
—
93.2
31.9
61.3
1.17
52.4
374.7
—
—
—
53.3
307.1
67.6
2.9
—
70.2
24.3
45.9
0.87
52.5
356.4
—
—
—
56
314.6
41.8
5.2
—
46.1
16
30.1
0.38
77.9
396.6
—
—
—
58.3
328.3
68.3
7.7
—
75.5
25.9
49.6
0.94
52.6
401.7
—
—
—
57.4
331.7
69.9
15.7
—
85.7
29.5
56.2
1.07
52.6
350.8
—
—
—
55
298.4
52.4
6.7
—
59
20.1
38.8
0.74
52.6
-2 682.9
—
—
—
-780.3
-2 897.7
214.8
-417.5
—
-201.7
-49.2
25.5
0.43
60.5
1 278
—
—
—
341
1 276
2
149
—
150
42
47
0.8
58.5
1 460
—
—
—
325
1 451
9
138
—
147
44
49
0.84
58.5
1 352
—
—
—
321
1 355
-3
159
—
156
47
46
0.78
58.7
-4 717.7
—
—
—
-698.4
-3 568
-1 149.7
—
-108.3
-1 248.4
-279
-362.4
-5.01
72.3
3 017
—
—
—
311
2 358
659
146
—
796
131
444
7.53
59
1 427
—
—
—
302
1 163
264
—
—
263
86
44
0.83
52.9
1 571
—
—
—
293
1 135
436
—
—
436
146
37
0.7
53
1 372
—
—
—
298
1 207
165
—
—
165
46
30
0.564
53.2