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SEC Filings

8-K
INTERPUBLIC GROUP OF COMPANIES, INC. filed this Form 8-K on 07/25/2017
Entire Document
 
 
(1) As part of the adoption of FASB ASU 2017-07, we have reclassified $1.6 of postretirement costs from Salaries and Related Expenses to Other Expense, net in each period presented. 2017 2016 Revenue 3,638.8$ 3,659.9$ Salaries and Related Expenses 2,514.7 2,498.3 Office and General Expenses 887.9 914.3 Operating Income 236.2 247.3 Interest Expense (46.6) (47.1) Interest Income 9.9 11.4 Other Expense, net (14.6) (18.8) Income Before Income Taxes 184.9 192.8 Provision for Income Taxes 73.3 28.1 Equity in Net Income (Loss) of Unconsolidated Affiliates 1.1 (1.8) Net Income 112.7 162.9 Net Loss (Income) Attributable to Noncontrolling Interests 3.5 (0.6) 116.2$ 162.3$ Earnings per Share Available to IPG Common Stockholders: Basic 0.30$ 0.41$ Diluted 0.29$ 0.40$ Weighted-Average Number of Common Shares Outstanding: Basic 392.0 400.4 Diluted 399.6 409.4 Dividends Declared per Common Share 0.36$ 0.30$ Net Income Available to IPG Common Stockholders Six Months Ended June 30, Operating Performance (Amounts in Millions, except per share amounts) Page 15 (1) (1)