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SEC Filings

8-K
INTERPUBLIC GROUP OF COMPANIES, INC. filed this Form 8-K on 10/24/2017
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(Amounts in Millions, except per share amounts) Page 3 Three Months Ended September 30, 2017 2016 Revenue $ 1,902.6 $ 1,922.2 Salaries and Related Expenses (1) 1,227.6 1,228.0 Office and General Expenses 455.9 486.2 Operating Income 219.1 208.0 Interest Expense (21.0 ) (21.7 ) Interest Income 4.1 4.7 Other (Expense) Income, net (1) (9.9 ) 5.3 Income Before Income Taxes 192.3 196.3 Provision for Income Taxes 42.5 63.8 Equity in Net (Loss) Income of Unconsolidated Affiliates (1.0 ) 0.2 Net Income 148.8 132.7 Net Income Attributable to Noncontrolling Interests (2.6 ) (4.1 ) Net Income Available to IPG Common Stockholders $ 146.2 $ 128.6 Earnings per Share Available to IPG Common Stockholders: Basic $ 0.38 $ 0.32 Diluted $ 0.37 $ 0.32 Weighted-Average Number of Common Shares Outstanding: Basic 389.5 397.7 Diluted 397.2 407.9 Dividends Declared per Common Share $ 0.18 $ 0.15 (1) As part of the adoption of FASB ASU 2017-07, we have reclassified a portion of postretirement costs from Salaries and Related Expenses to Other (Expense) Income, net. The amounts reclassified were $4.8 and $0.8 for the three months ended September 30, 2017 and 2016, respectively. Operating Performance