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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 15 Nine Months Ended September 30, 2017 2016 Revenue $ 5,541.4 $ 5,582.1 Salaries and Related Expenses (1) 3,742.3 3,726.3 Office and General Expenses 1,343.8 1,400.5 Operating Income 455.3 455.3 Interest Expense (67.6 ) (68.8 ) Interest Income 14.0 16.1 Other Expense, net (1) (24.5 ) (13.5 ) Income Before Income Taxes 377.2 389.1 Provision for Income Taxes 115.8 91.9 Equity in Net Income (Loss) of Unconsolidated Affiliates 0.1 (1.6 ) Net Income 261.5 295.6 Net Loss (Income) Attributable to Noncontrolling Interests 0.9 (4.7 ) Net Income Available to IPG Common Stockholders $ 262.4 $ 290.9 Earnings per Share Available to IPG Common Stockholders: Basic $ 0.67 $ 0.73 Diluted $ 0.66 $ 0.71 Weighted-Average Number of Common Shares Outstanding: Basic 391.2 399.5 Diluted 398.6 408.8 Dividends Declared per Common Share $ 0.54 $ 0.45 Operating Performance (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, net. The amounts reclassified were $6.4 and $2.4 for the nine months ended September 30, 2017 and 2016, respectively.