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SEC Filings

8-K
INTERPUBLIC GROUP OF COMPANIES, INC. filed this Form 8-K on 07/25/2017
Entire Document
 
 
2017 2016 Revenue 1,884.9$ 1,917.9$ Salaries and Related Expenses 1,239.3 1,229.5 Office and General Expenses 439.1 464.1 Operating Income 206.5 224.3 Interest Expense (25.7) (24.5) Interest Income 4.7 5.6 Other (Expense) Income, net (15.4) 0.4 Income Before Income Taxes 170.1 205.8 Provision for Income Taxes 75.4 43.7 Equity in Net Loss of Unconsolidated Affiliates (0.1) (1.9) Net Income 94.6 160.2 Net Loss (Income) Attributable to Noncontrolling Interests 0.1 (3.3) 94.7$ 156.9$ Earnings per Share Available to IPG Common Stockholders: Basic 0.24$ 0.39$ Diluted 0.24$ 0.38$ Weighted-Average Number of Common Shares Outstanding: Basic 392.3 400.1 Diluted 400.3 409.8 Dividends Declared per Common Share 0.18$ 0.15$ Three Months Ended June 30, Net Income Available to IPG Common Stockholders Operating Performance (Amounts in Millions, except per share amounts) Page 3 (1) (1) (1) As part of the adoption of FASB ASU 2017-07, we have reclassified a portion of postretirement costs/(benefits) from Salaries and Related Expenses to Other (Expense) Income, net. The amounts reclassified were $0.8 and ($0.5) for the three months ended June 30, 2017 and 2016, respectively.