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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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Three Months Ended September 30, 2017 As Reported Net Losses on Sales of Businesses(1) U.S. Federal Tax Credits(2) Adjusted Results Income Before Income Taxes $ 192.3 $ (8.7 ) $ 201.0 Provision for Income Taxes 42.5 1.7 $ 31.2 75.4 Effective Tax Rate 22.1 % 37.5 % Diluted EPS Components: Net Income Available to IPG Common Stockholders $ 146.2 $ (7.0 ) $ 31.2 $ 122.0 Weighted-Average Number of Common Shares Outstanding 397.2 397.2 Earnings Per Share Available to IPG Common Stockholders $ 0.37 $ (0.02 ) $ 0.08 $ 0.31 Nine Months Ended September 30, 2017 As Reported Net Losses on Sales of Businesses(1) U.S. Federal Tax Credits(2) Adjusted Results Income Before Income Taxes $ 377.2 $ (20.9 ) $ 398.1 Provision for Income Taxes 115.8 1.7 $ 31.2 148.7 Effective Tax Rate 30.7 % 37.4 % Diluted EPS Components: Net Income Available to IPG Common Stockholders $ 262.4 $ (19.2 ) $ 31.2 $ 250.4 Weighted-Average Number of Common Shares Outstanding 398.6 398.6 Earnings Per Share Available to IPG Common Stockholders $ 0.66 $ (0.05 ) $ 0.08 $ 0.63 Page 9 (Amounts in Millions, except per share amounts) Adjusted Diluted Earnings Per Share (1) During the nine months ended September 30, 2017, we recorded net losses on sales of businesses, primarily in our international markets. (2) During the nine months ended September 30, 2017, we recognized a benefit related to foreign tax credits from distributions of unremitted earnings. See full reconciliation of adjusted non-GAAP diluted earnings per share on page 21.