Horace Mann Educators Corporation
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Penke I guess you are interested in Horace Mann Educators Corporation. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Horace Mann Educators Corporation. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Horace Mann Educators Corporation (30 sec.)

What can you expect buying and holding a share of Horace Mann Educators Corporation? (30 sec.)

How much money do you get?

$1.30

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$28.32

Expected worth in 1 year

$30.24

How sure are you?

60.0%

+ What do you gain per year?

Total Gains per Share

$3.22

Return On Investment

8.8%

For what price can you sell your share?

Current Price per Share

$36.76

Expected price per share

$32.74 - $37.79

How sure are you?

50%

1. Valuation of Horace Mann Educators Corporation (5 min.)

Live pricePrice per Share (EOD)

$36.76

Book Value per Share

$28.32

Intrinsic Value Per Share

$-26.80 - $-4.11

Total Value Per Share

$1.52 - $24.21

My calculation of the intrinsic value of Horace Mann Educators Corporation is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($2.06) 3Y: ($1.78) TTM: ($1.88)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($-0.11) 3Y: ($-0.14) TTM: ($1.28)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$5.49	$6.99	$4.82 - $6.45
2	$8.58	$12.08	$2.52 - $4.66
3	$9.51	$15.37	$0.22 - $2.88
4	$8.53	$16.96	$-2.08 - $1.09
5	$5.85	$16.94	$-4.39 - $-0.69
6	$1.66	$15.41	$-6.69 - $-2.48
7	$-3.86	$12.46	$-8.99 - $-4.26
8	$-10.54	$8.17	$-11.29 - $-6.05
9	$-18.23	$2.62	$-13.59 - $-7.83
10	$-26.80	$-4.11	$-15.89 - $-9.62

2. Growth of Horace Mann Educators Corporation (5 min.)

Is Horace Mann Educators Corporation growing?

	Current year	Previous year	Grow	Grow %
How rich?	$1.1b	$1.2b	$2.8b	69.5%

How much money is Horace Mann Educators Corporation making?

	Current year	Previous year	Grow	Grow %
Making money	$11.2m	-$200k	$11.4m	101.8%
Net Profit Margin	2.8%	0.0%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Horace Mann Educators Corporation (5 min.)

What can you expect buying and holding a share of Horace Mann Educators Corporation? (5 min.)

Welcome investor! Horace Mann Educators Corporation's management wants to use your money to grow the business. In return you get a share of Horace Mann Educators Corporation.

What can you expect buying and holding a share of Horace Mann Educators Corporation?

First you should know what it really means to hold a share of Horace Mann Educators Corporation. And how you can make/lose money.

Speculation

The Price per Share of Horace Mann Educators Corporation is $36.76. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Horace Mann Educators Corporation.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Horace Mann Educators Corporation, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $28.32. Based on the TTM, the Book Value Change Per Share is $0.48 per quarter. Based on the YOY, the Book Value Change Per Share is $-4.11 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.33 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Horace Mann Educators Corporation.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	0.95	2.6%	0.27	0.7%	-0.02	0.0%	0.60	1.6%	0.58	1.6%
Usd Book Value Change Per Share	-282.46	-768.4%	0.48	1.3%	-4.11	-11.2%	-0.12	-0.3%	0.06	0.2%
Usd Dividend Per Share	0.33	0.9%	0.33	0.9%	0.31	0.9%	0.30	0.8%	0.28	0.8%
Usd Total Gains Per Share	-282.14	-767.5%	0.81	2.2%	-3.79	-10.3%	0.18	0.5%	0.34	0.9%
Usd Price Per Share	32.70	-	31.31	-	38.22	-	37.57	-	37.18	-
Price to Earnings Ratio	8.59	-	15.77	-	0.92	-	11.20	-	18.99	-
Price-to-Total Gains Ratio	-0.12	-	-7.10	-	5.61	-	-29.20	-	-27.56	-
Price to Book Ratio	1.15	-	0.90	-	1.30	-	1.05	-	1.10	-
Price-to-Total Gains Ratio	-0.12	-	-7.10	-	5.61	-	-29.20	-	-27.56	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	36.76
Number of shares	27

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.33	0.30
Usd Book Value Change Per Share	0.48	-0.12
Usd Total Gains Per Share	0.81	0.18
Gains per Quarter (27 shares)	21.74	4.87
Gains per Year (27 shares)	86.95	19.48

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	35	52	77	33	-13	9
2	70	104	164	66	-27	28
3	105	155	251	99	-40	47
4	141	207	338	131	-54	66
5	176	259	425	164	-67	85
6	211	311	512	197	-80	104
7	246	363	599	230	-94	123
8	281	415	686	263	-107	142
9	316	466	773	296	-121	161
10	351	518	860	329	-134	180

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	3.0	1.0	0.0	75.0%	9.0	3.0	0.0	75.0%	17.0	3.0	0.0	85.0%	36.0	4.0	0.0	90.0%	123.0	13.0	0.0	90.4%
Book Value Change Per Share	2.0	2.0	0.0	50.0%	5.0	7.0	0.0	41.7%	11.0	9.0	0.0	55.0%	24.0	16.0	0.0	60.0%	82.0	54.0	0.0	60.3%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	127.0	0.0	9.0	93.4%
Total Gains per Share	2.0	2.0	0.0	50.0%	5.0	7.0	0.0	41.7%	11.0	9.0	0.0	55.0%	24.0	16.0	0.0	60.0%	85.0	51.0	0.0	62.5%

Fundamentals of Horace Mann Educators Corporation

About Horace Mann Educators Corporation

https://www.horacemann.com
1700
1 Horace Mann Plaza, Springfield, IL, United States, 62715-0001
Google Maps Bing Maps

Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. The company operates through Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. Its Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; and provides auto coverages including liability and collision, and property coverage for homeowners and renters. The Life & Retirement segment markets tax-qualified fixed, fixed indexed, and variable annuities; and internal revenue code for educator, which allows public school employees and employees of other tax-exempt organizations, such as not-for-profit private schools, to utilize pretax income to make periodic contributions to a qualified retirement plan. The Supplemental & Group Benefits segment offers employer-sponsored products including accident, critical illness, limited-benefit fixed indemnity insurance, term life, and short-term and long-term disability, as well as worksite direct products, such as supplemental heart, cancer, disability, and accident coverage. The company was founded in 1945 and is headquartered in Springfield, Illinois.

Fundamental data was last updated by Penke on 2024-04-26 02:48:05.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating less efficient.

Liquidity Details

	Compared to previous year	Compared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Horace Mann Educators Corporation.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Horace Mann Educators Corporation earns for each $1 of revenue.

Above 10% is considered healthy but always compare Horace Mann Educators Corporation to the Insurance - Property & Casualty industry mean.
A Net Profit Margin of 9.8% means that $0.10 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Horace Mann Educators Corporation:

The MRQ is 9.8%. The company is making a profit. +1
The TTM is 2.8%. The company is making a profit. +1

Trends

Current period		Compared to		+/-
MRQ	9.8%	TTM	2.8%	+7.0%
TTM	2.8%	YOY	0.0%	+2.8%
TTM	2.8%	5Y	7.1%	-4.3%
5Y	7.1%	10Y	7.7%	-0.6%

Measures how much net profit Horace Mann Educators Corporation earns for each $1 of revenue.

Revenue is the amount of profit Horace Mann Educators Corporation generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Horace Mann Educators Corporation earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Horace Mann Educators Corporation to the Insurance - Property & Casualty industry mean.
Can be used to compare companies within the Insurance - Property & Casualty industry.

You typically want a high profit margin. This means that for each $1 in sales, Horace Mann Educators Corporation makes more profit. This shows the investor how efficiently Horace Mann Educators Corporation is operating in general and compared to other companies in the same industry. Horace Mann Educators Corporation operates in the Insurance - Property & Casualty industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Horace Mann Educators Corporation. If profit margins remain low (compared to the Insurance - Property & Casualty industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Horace Mann Educators Corporation is 0.10. This means that Horace Mann Educators Corporation earned $0.10 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Horace Mann Educators Corporation is performing over time. The most recent quarter might be important if Horace Mann Educators Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Horace Mann Educators Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Horace Mann Educators Corporation with other companies in the same industry (Insurance - Property & Casualty).
Net profit margin should rise over the years.
Can be influenced when Horace Mann Educators Corporation sells assets (profit will increase while costs remain the same).
It won’t show what part of Horace Mann Educators Corporation is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Horace Mann Educators Corporation

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Horace Mann Educators Corporation = 39,500
Total revenue MRQ Horace Mann Educators Corporation = 402,900
$39,500 / $402,900 = 0.10 or 9.8%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Horace Mann Educators Corporation is using its assets to generate profit.

Above 5% is considered healthy but always compare Horace Mann Educators Corporation to the Insurance - Property & Casualty industry mean.
0.3% Return on Assets means that Horace Mann Educators Corporation generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Horace Mann Educators Corporation:

The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	0.3%	TTM	0.1%	+0.2%
TTM	0.1%	YOY	0.0%	+0.1%
TTM	0.1%	5Y	0.2%	-0.1%
5Y	0.2%	10Y	0.2%	0.0%

Shows how efficient Horace Mann Educators Corporation is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Horace Mann Educators Corporation to the Insurance - Property & Casualty industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Horace Mann Educators Corporation is using its resources to generate profit. If the return on assets (0.3%) from Horace Mann Educators Corporation are higher than the Insurance - Property & Casualty mean () that means Horace Mann Educators Corporation is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Horace Mann Educators Corporation is 0.3%. This means the company generated $0.00 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Horace Mann Educators Corporation is performing over time. The most recent quarter might be important if Horace Mann Educators Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Horace Mann Educators Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Horace Mann Educators Corporation

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Horace Mann Educators Corporation = 39,500
Total assets MRQ (balance sheet) from Horace Mann Educators Corporation = 11,676,400
39,500 / 11,676,400 = 0.00 or 0.3%

ROA is an important ratio as it will tell you how effectively Horace Mann Educators Corporation is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Horace Mann Educators Corporation is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Horace Mann Educators Corporation to the Insurance - Property & Casualty industry mean.
3.4% Return on Equity means Horace Mann Educators Corporation generated $0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Horace Mann Educators Corporation:

The MRQ is 3.4%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 1.0%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	3.4%	TTM	1.0%	+2.4%
TTM	1.0%	YOY	-0.1%	+1.0%
TTM	1.0%	5Y	1.6%	-0.6%
5Y	1.6%	10Y	1.6%	-0.1%

Shows how efficient Horace Mann Educators Corporation is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Horace Mann Educators Corporation to the Insurance - Property & Casualty industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Insurance - Property & Casualty industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Horace Mann Educators Corporation is 3.4%. This means Horace Mann Educators Corporation generated $0.03 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Horace Mann Educators Corporation is performing over time. The most recent quarter might be important if Horace Mann Educators Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Horace Mann Educators Corporation up to 10 years back (depending if Horace Mann Educators Corporation existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Horace Mann Educators Corporation

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Horace Mann Educators Corporation = 39,500
Shareholders equity (balance sheet) MRQ Horace Mann Educators Corporation = 1,175,300
39,500 / 1,175,300 = 0.03 or 3.4%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Horace Mann Educators Corporation.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Horace Mann Educators Corporation is operating .

Measures how much profit Horace Mann Educators Corporation makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Horace Mann Educators Corporation to the Insurance - Property & Casualty industry mean.
An Operating Margin of 13.8% means the company generated $0.14 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Horace Mann Educators Corporation:

The MRQ is 13.8%. The company is operating less efficient.
The TTM is 3.8%. The company is operating less efficient.

Trends

Current period		Compared to		+/-
MRQ	13.8%	TTM	3.8%	+10.0%
TTM	3.8%	YOY	6.7%	-2.9%
TTM	3.8%	5Y	11.8%	-8.0%
5Y	11.8%	10Y	10.4%	+1.4%

Measures how efficient Horace Mann Educators Corporation is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Horace Mann Educators Corporation to the Insurance - Property & Casualty industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Horace Mann Educators Corporation is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Horace Mann Educators Corporation is 13.8%. This means that Horace Mann Educators Corporation earned $0.14 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Horace Mann Educators Corporation is performing over time. The most recent quarter might be important if Horace Mann Educators Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Horace Mann Educators Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Horace Mann Educators Corporation

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Horace Mann Educators Corporation = 290,900
Total revenue MRQ Horace Mann Educators Corporation = 402,900
$290,900 / $402,900 = 0.14 or 13.8%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Horace Mann Educators Corporation is keeping operating costs low.

Below 1 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
An Operation Ratio of 0.28 means that the operating costs are $0.28 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Horace Mann Educators Corporation:

The MRQ is 0.278. The company is very efficient in keeping operating costs low. +2
The TTM is -0.088.

Trends

Current period		Compared to		+/-
MRQ	0.278	TTM	-0.088	+0.366
TTM	-0.088	YOY	0.272	-0.360
TTM	-0.088	5Y	0.420	-0.508
5Y	0.420	10Y	0.659	-0.239

Measures how efficient Horace Mann Educators Corporation is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Horace Mann Educators Corporation to the Insurance - Property & Casualty industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Horace Mann Educators Corporation is 27.8%. This means that Horace Mann Educators Corporation earned $0.28 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Horace Mann Educators Corporation is performing over time. The most recent quarter might be important if Horace Mann Educators Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Horace Mann Educators Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Horace Mann Educators Corporation

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(0 +112,000) \ 402,900 = 0.28

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Horace Mann Educators Corporation.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Horace Mann Educators Corporation is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
A Current Ratio of -0.43 means the company has $-0.43 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Horace Mann Educators Corporation:

The MRQ is -0.434. The company is unable to pay all its short-term debts. -2
The TTM is 9.899. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	-0.434	TTM	9.899	-10.333
TTM	9.899	YOY	24.079	-14.180
TTM	9.899	5Y	13.051	-3.152
5Y	13.051	10Y	7.625	+5.426

Measures if Horace Mann Educators Corporation is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Horace Mann Educators Corporation if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Horace Mann Educators Corporation is -0.43. This means Horace Mann Educators Corporation has $-0.43 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Horace Mann Educators Corporation is performing over time. The most recent quarter might be important if Horace Mann Educators Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Horace Mann Educators Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Horace Mann Educators Corporation

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
830,200 \ -1,914,900) = -0.43

The current ratio measures if Horace Mann Educators Corporation is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Horace Mann Educators Corporation is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Horace Mann Educators Corporation does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Horace Mann Educators Corporation is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Horace Mann Educators Corporation is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Horace Mann Educators Corporation to the Insurance - Property & Casualty industry mean.
A Quick Ratio of -0.69 means the company can pay off $-0.69 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Horace Mann Educators Corporation:

The MRQ is -0.693. The company is unable to pay all its short-term debts with the most liquid assets. -2
The TTM is 22.971. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	-0.693	TTM	22.971	-23.664
TTM	22.971	YOY	49.076	-26.105
TTM	22.971	5Y	5,903.277	-5,880.305
5Y	5,903.277	10Y	2,952.523	+2,950.754

Measures if Horace Mann Educators Corporation is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Horace Mann Educators Corporation to the Insurance - Property & Casualty industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Horace Mann Educators Corporation can pay off its short term debts. This shows if Horace Mann Educators Corporation can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Horace Mann Educators Corporation is -0.69. This means that Horace Mann Educators Corporation can pay off $-0.69 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Horace Mann Educators Corporation is performing over time. The most recent quarter might be important if Horace Mann Educators Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Horace Mann Educators Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Horace Mann Educators Corporation

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Horace Mann Educators Corporation: (551,900 + 294,100 +480,500) / -1,914,900 = -0.69

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Horace Mann Educators Corporation.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Horace Mann Educators Corporation assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Horace Mann Educators Corporation to Insurance - Property & Casualty industry mean.
A Debt to Asset Ratio of 0.90 means that Horace Mann Educators Corporation assets are financed with 89.9% credit (debt) and the remaining percentage (100% - 89.9%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Horace Mann Educators Corporation:

The MRQ is 0.899. The company is just able to pay all its debts by selling its assets.
The TTM is 0.694. The company is able to pay all its debts by selling its assets. +1

Trends

Current period		Compared to		+/-
MRQ	0.899	TTM	0.694	+0.205
TTM	0.694	YOY	0.910	-0.216
TTM	0.694	5Y	0.844	-0.150
5Y	0.844	10Y	0.858	-0.013

Measures how much % of Horace Mann Educators Corporation assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Horace Mann Educators Corporation than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Horace Mann Educators Corporation to Insurance - Property & Casualty industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Horace Mann Educators Corporation is 0.90. This means means that Horace Mann Educators Corporation is financed with 89.9% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Horace Mann Educators Corporation is performing over time. The most recent quarter might be important if Horace Mann Educators Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Horace Mann Educators Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Horace Mann Educators Corporation has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Horace Mann Educators Corporation

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
10,501,100 \ 11,676,400 = 89.9% or 0.90.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Horace Mann Educators Corporation is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Horace Mann Educators Corporation to the Insurance - Property & Casualty industry mean.
A Debt to Equity ratio of 893.5% means that company has $8.93 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Horace Mann Educators Corporation:

The MRQ is 8.935. The company is unable to pay all its debts with equity. -1
The TTM is 7.962. The company is unable to pay all its debts with equity. -1

Trends

Current period		Compared to		+/-
MRQ	8.935	TTM	7.962	+0.973
TTM	7.962	YOY	10.198	-2.236
TTM	7.962	5Y	7.755	+0.207
5Y	7.755	10Y	7.266	+0.489

Measures if Horace Mann Educators Corporation is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Horace Mann Educators Corporation is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Horace Mann Educators Corporation is 8.93. This means that Horace Mann Educators Corporation can pay off $8.93 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Horace Mann Educators Corporation is performing over time. The most recent quarter might be important if Horace Mann Educators Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Horace Mann Educators Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Horace Mann Educators Corporation

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
10,501,100 \ 1,175,300 = 8.93 or 893.5%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Horace Mann Educators Corporation

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Horace Mann Educators Corporation generates.

Above 15 is considered overpriced but always compare Horace Mann Educators Corporation to the Insurance - Property & Casualty industry mean.
A PE ratio of 8.59 means the investor is paying $8.59 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Horace Mann Educators Corporation:

The EOD is 9.655. Based on the earnings, the company is underpriced. +1
The MRQ is 8.589. Based on the earnings, the company is underpriced. +1
The TTM is 15.775. Based on the earnings, the company is fair priced.

Trends

Current period		Compared to		+/-
EOD	9.655	MRQ	8.589	+1.066
MRQ	8.589	TTM	15.775	-7.186
TTM	15.775	YOY	0.918	+14.856
TTM	15.775	5Y	11.196	+4.579
5Y	11.196	10Y	18.986	-7.790

Measures how much money you pay for each share for every $1 in earnings Horace Mann Educators Corporation generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Horace Mann Educators Corporation to the Insurance - Property & Casualty industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Horace Mann Educators Corporation is 8.59. This means the investor is paying $8.59 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Horace Mann Educators Corporation is performing over time. The most recent quarter might be important if Horace Mann Educators Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Horace Mann Educators Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Horace Mann Educators Corporation

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 41,500 = EPS
PE ratio MRQ = 8.59

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Horace Mann Educators Corporation:

The EOD is 22.045. Based on how much money comes from the company's main activities, the company is underpriced. +1
The MRQ is 19.611. Based on how much money comes from the company's main activities, the company is underpriced. +1
The TTM is 8.195. Based on how much money comes from the company's main activities, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	22.045	MRQ	19.611	+2.435
MRQ	19.611	TTM	8.195	+11.416
TTM	8.195	YOY	-3.955	+12.150
TTM	8.195	5Y	1.445	+6.750
5Y	1.445	10Y	3.358	-1.913

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Horace Mann Educators Corporation is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
A PB ratio of 1.15 means the investor is paying $1.15 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Horace Mann Educators Corporation:

The EOD is 1.298. Based on the equity, the company is underpriced. +1
The MRQ is 1.155. Based on the equity, the company is underpriced. +1
The TTM is 0.895. Based on the equity, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	1.298	MRQ	1.155	+0.143
MRQ	1.155	TTM	0.895	+0.260
TTM	0.895	YOY	1.300	-0.404
TTM	0.895	5Y	1.046	-0.151
5Y	1.046	10Y	1.097	-0.051

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Horace Mann Educators Corporation.

3.1. Institutions holding Horace Mann Educators Corporation

Institutions are holding 100.877% of the shares of Horace Mann Educators Corporation.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	BlackRock Inc	14.4057	0.0049	5888889	-51341	-0.8643
2023-12-31	Vanguard Group Inc	12.4403	0.0036	5085460	7784	0.1533
2023-12-31	Fuller & Thaler Asset Management Inc	9.6244	0.6518	3934355	-149483	-3.6604
2023-12-31	Franklin Resources Inc	8.7527	0.0547	3578005	303501	9.2686
2023-12-31	Dimensional Fund Advisors, Inc.	6.2014	0.0242	2535062	-71092	-2.7279
2023-12-31	State Street Corporation	3.9512	0.0026	1615198	49367	3.1528
2023-12-31	Earnest Partners LLC	3.5	0.2336	1430745	-74088	-4.9233
2023-12-31	Hotchkis & Wiley Capital Management LLC	2.4369	0.1159	996165	17620	1.8006
2023-12-31	Cramer Rosenthal McGlynn LLC	2.341	1.7002	956952	406515	73.8531
2023-12-31	GW&K Investment Management, LLC	2.3402	0.2917	956656	-104877	-9.8798
2023-12-31	Geode Capital Management, LLC	2.1497	0.003	878770	42099	5.0317
2023-12-31	DePrince Race & Zollo Inc	2.0689	0.6243	845756	-14945	-1.7364
2023-12-31	Bank of America Corp	1.9675	0.0027	804282	2204	0.2748
2023-12-31	Goldman Sachs Group Inc	1.6776	0.002	685768	371889	118.4816
2023-12-31	Ameriprise Financial Inc	1.3175	0.0053	538593	25880	5.0477
2023-12-31	Morgan Stanley - Brokerage Accounts	1.3125	0.0016	536526	22434	4.3638
2023-12-31	Charles Schwab Investment Management Inc	1.2808	0.0044	523568	20706	4.1176
2023-12-31	Bank of New York Mellon Corp	1.1889	0.0032	485998	-43183	-8.1603
2023-12-31	Bragg Financial Advisors Inc	1.1536	0.7335	471570	1424	0.3029
2023-12-31	Palisade Capital Management LLc	1.0183	0.361	416282	-42369	-9.2377
Total		81.1291	4.8242	33164600	+720045	+2.2%

3.2. Funds holding Horace Mann Educators Corporation

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	FullerThaler Behavioral Small-Cap Value	8.4326	1.3768	3452085	31700	0.9268
2024-02-29	Undiscovered Managers Behavioral Val L	7.9484	1.3736	3253888	0	0
2024-03-28	iShares Core S&P Small-Cap ETF	6.761	0.1274	2767796	0	0
2023-12-31	Franklin US Small Cap Value Equity	5.9931	1.8978	2453429	191167	8.4503
2023-12-31	Franklin Small Cap Value SMA Composite	5.9931	1.8978	2453429	191167	8.4503
2024-02-29	Franklin Small Cap Value A	5.82	2.0791	2382585	0	0
2024-02-29	Vanguard Total Stock Mkt Idx Inv	3.195	0.0031	1307945	-6906	-0.5252
2024-03-31	Vanguard Small Cap Index	2.5493	0.0262	1043610	-9111	-0.8655
2024-03-28	iShares Russell 2000 ETF	2.1045	0.0487	861514	917	0.1066
2024-03-31	Vanguard Small Cap Value Index Inv	1.7189	0.0467	703666	-14915	-2.0756
2024-02-29	American Beacon Small Cp Val R5	1.5838	0.4801	648360	0	0
2024-03-31	Vanguard Institutional Extnd Mkt Idx Tr	1.51	0.0217	618175	8261	1.3545
2024-02-29	Franklin Small Cap Value VIP 1	1.498	2.0082	613225	0	0
2024-03-28	iShares S&P Small-Cap 600 Value ETF	1.2299	0.2578	503505	-3939	-0.7762
2023-12-31	Harbor Small Cap Value Instl	1.188	0.759	486347	-48121	-9.0035
2024-02-29	DFA US Small Cap Value I	1.1748	0.1132	480949	-17435	-3.4983
2023-12-31	FPA Queens Road Small Cap Value Inv	1.0768	2.0693	440798	0	0
2024-01-31	Fidelity Small Cap Index	1.0149	0.0617	415464	5307	1.2939
2024-03-28	iShares Russell 2000 Value ETF	0.9142	0.1104	374234	0	0
2024-03-28	SPDR® Portfolio S&P 600 Sm Cap ETF	0.8944	0.1288	366132	370	0.1012
Total		62.6007	14.8874	25627136	+328462	+1.3%

3.3. Insider Transactions

Insiders are holding 1.676% of the shares of Horace Mann Educators Corporation.

Date	Owner	Type	Amount	Price
2024-03-28	Marita Zuraitis	SELL	1250	37
2024-03-26	Kimberly A Johnson	SELL	5000	36
2024-03-12	Donald M Carley	SELL	5000	35.11
2024-03-04	Bret A Conklin	SELL	9689	35.8
2024-02-20	Beverley J Mcclure	SELL	590	36.56
2024-02-08	Marita Zuraitis	SELL	2700	37
2024-01-29	Marita Zuraitis	SELL	50098	37.09
2023-11-20	Beverley J Mcclure	SELL	590	32.41
2023-09-22	Victor Fetter	BUY	3500	29.69
2023-08-21	Beverley J Mcclure	SELL	590	28.43
2023-06-01	Beverley J Mcclure	SELL	560	30.27
2023-05-18	Michael Weckenbrock	SELL	1600	32.82

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Horace Mann Educators Corporation compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-282.462	0.480	-58976%	-4.107	-99%	-0.124	-100%	0.057	-497699%
Book Value Per Share	-	-	28.320	98.309	-71%	29.733	-5%	49.149	-42%	40.591	-30%
Current Ratio	-	-	-0.434	9.899	-104%	24.079	-102%	13.051	-103%	7.625	-106%
Debt To Asset Ratio	-	-	0.899	0.694	+30%	0.910	-1%	0.844	+7%	0.858	+5%
Debt To Equity Ratio	-	-	8.935	7.962	+12%	10.198	-12%	7.755	+15%	7.266	+23%
Dividend Per Share	-	-	0.325	0.325	+0%	0.315	+3%	0.304	+7%	0.283	+15%
Eps	-	-	0.952	0.271	+251%	-0.016	+102%	0.599	+59%	0.580	+64%
Free Cash Flow Per Share	-	-	0.417	1.883	-78%	0.807	-48%	1.492	-72%	2.059	-80%
Free Cash Flow To Equity Per Share	-	-	-1.653	0.629	-363%	0.514	-422%	1.399	-218%	2.381	-169%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	-4.106	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-26.802	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	6.993	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	5.490	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	15.368	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	9.512	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	16.939	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	5.850	-	-	-	-	-	-	-	-
Market Cap	1504866176.000	+10%	1357050000.000	1296844500.000	+5%	1596995750.000	-15%	1574285250.000	-14%	1556816225.000	-13%
Net Profit Margin	-	-	0.098	0.028	+251%	0.000	+101%	0.071	+38%	0.077	+27%
Operating Margin	-	-	0.138	0.038	+260%	0.067	+106%	0.118	+17%	0.104	+33%
Operating Ratio	-	-	0.278	-0.088	+132%	0.272	+2%	0.420	-34%	0.659	-58%
Pb Ratio	1.298	+11%	1.155	0.895	+29%	1.300	-11%	1.046	+10%	1.097	+5%
Pe Ratio	9.655	+11%	8.589	15.775	-46%	0.918	+835%	11.196	-23%	18.986	-55%
Price Per Share	36.760	+11%	32.700	31.305	+4%	38.218	-14%	37.573	-13%	37.183	-12%
Price To Free Cash Flow Ratio	22.045	+11%	19.611	8.195	+139%	-3.955	+120%	1.445	+1257%	3.358	+484%
Price To Total Gains Ratio	-0.130	-12%	-0.116	-7.095	+6022%	5.608	-102%	-29.196	+25090%	-27.561	+23679%
Quick Ratio	-	-	-0.693	22.971	-103%	49.076	-101%	5903.277	-100%	2952.523	-100%
Return On Assets	-	-	0.003	0.001	+256%	0.000	+101%	0.002	+71%	0.002	+60%
Return On Equity	-	-	0.034	0.010	+245%	-0.001	+102%	0.016	+111%	0.016	+104%
Total Gains Per Share	-	-	-282.137	0.805	-35146%	-3.792	-99%	0.180	-156532%	0.340	-83151%
Usd Book Value	-	-	1175300000.000	4070700000.000	-71%	1242950000.000	-5%	2053018800.000	-43%	1696792550.000	-31%
Usd Book Value Change Per Share	-	-	-282.462	0.480	-58976%	-4.107	-99%	-0.124	-100%	0.057	-497699%
Usd Book Value Per Share	-	-	28.320	98.309	-71%	29.733	-5%	49.149	-42%	40.591	-30%
Usd Dividend Per Share	-	-	0.325	0.325	+0%	0.315	+3%	0.304	+7%	0.283	+15%
Usd Eps	-	-	0.952	0.271	+251%	-0.016	+102%	0.599	+59%	0.580	+64%
Usd Free Cash Flow	-	-	17300000.000	77950000.000	-78%	34475000.000	-50%	62599800.000	-72%	86252600.000	-80%
Usd Free Cash Flow Per Share	-	-	0.417	1.883	-78%	0.807	-48%	1.492	-72%	2.059	-80%
Usd Free Cash Flow To Equity Per Share	-	-	-1.653	0.629	-363%	0.514	-422%	1.399	-218%	2.381	-169%
Usd Market Cap	1504866176.000	+10%	1357050000.000	1296844500.000	+5%	1596995750.000	-15%	1574285250.000	-14%	1556816225.000	-13%
Usd Price Per Share	36.760	+11%	32.700	31.305	+4%	38.218	-14%	37.573	-13%	37.183	-12%
Usd Profit	-	-	39500000.000	11250000.000	+251%	-200000.000	+101%	25238900.000	+57%	24349450.000	+62%
Usd Revenue	-	-	402900000.000	372975000.000	+8%	345625000.000	+17%	347331450.000	+16%	314493225.000	+28%
Usd Total Gains Per Share	-	-	-282.137	0.805	-35146%	-3.792	-99%	0.180	-156532%	0.340	-83151%
	EOD	+3 -5	MRQ	TTM	+15 -20	YOY	+14 -21	5Y	+14 -21	10Y	+14 -21

4.2. Fundamental Score

Let's check the fundamental score of Horace Mann Educators Corporation based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	9.655
Price to Book Ratio (EOD)	Between	0-1	1.298
Net Profit Margin (MRQ)	Greater than	0	0.098
Operating Margin (MRQ)	Greater than	0	0.138
Quick Ratio (MRQ)	Greater than	1	-0.693
Current Ratio (MRQ)	Greater than	1	-0.434
Debt to Asset Ratio (MRQ)	Less than	1	0.899
Debt to Equity Ratio (MRQ)	Less than	1	8.935
Return on Equity (MRQ)	Greater than	0.15	0.034
Return on Assets (MRQ)	Greater than	0.05	0.003
Total			4/10 (40.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

4.3. Technical Score

Let's check the technical score of Horace Mann Educators Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	59.991
Ma 20	Greater than	Ma 50	35.771
Ma 50	Greater than	Ma 100	35.854
Ma 100	Greater than	Ma 200	34.961
Open	Greater than	Close	37.140
Total			4/5 (80.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

	2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Long-term Assets Other	-135,300	-6,650,000	-6,785,300	115,700	-6,669,600	150,200	-6,519,400	15,771,200	9,251,800
Depreciation and Amortization	4,200	-500	3,700	0	3,700	0	3,700	-14,800	-11,100
Other Operating Expenses	372,300	-26,500	345,800	26,200	372,000	-6,900	365,100	-712,200	-347,100

Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	11,676,400
Total Liabilities	10,501,100
Total Stockholder Equity	1,175,300

	As reported
Total Liabilities	10,501,100
Total Stockholder Equity	+ 1,175,300
Total Assets	= 11,676,400

Assets

Total Assets	11,676,400
Total Current Assets	830,200
Long-term Assets	10,846,200

Total Current Assets

Total Current Assets (as reported)	830,200
Cash And Cash Equivalents	29,700
Short-term Investments	294,100
Net Receivables	480,500
Inventory	-1,032,400
Other Current Assets	830,200
Total Current Assets (calculated)	602,100
+/-	228,100

Long-term Assets

Long-term Assets (as reported)	10,846,200
Property Plant Equipment	68,600
Goodwill	54,300
Long Term Investments	6,689,100
Intangible Assets	156,900
Other Assets	0
Long-term Assets (calculated)	6,968,900
+/-	3,877,300

Liabilities & Shareholders' Equity

Total Current Liabilities	-1,914,900
Long-term Liabilities	12,416,000
Total Stockholder Equity	1,175,300

Total Current Liabilities

Total Current Liabilities (as reported)	-1,914,900
Other Current Liabilities	-1,914,900
Total Current Liabilities (calculated)	-1,914,900
+/-	0

Long-term Liabilities

Long-term Liabilities (as reported)	12,416,000
Long term Debt	546,000
Long-term Liabilities (calculated)	546,000
+/-	11,870,000

Total Stockholder Equity

Total Stockholder Equity (as reported)	1,175,300
Common Stock	100
Retained Earnings	1,502,200
Accumulated Other Comprehensive Income	-314,000
Other Stockholders Equity	-13,000
Total Stockholder Equity (calculated)	1,175,300
+/-	0

Other

Capital Stock	100
Cash and Short Term Investments	551,900
Common Stock Shares Outstanding	41,500
Liabilities and Stockholders Equity	11,676,400
Net Debt	516,300
Net Invested Capital	1,721,300
Net Working Capital	2,745,100
Short Long Term Debt Total	546,000

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

1996-12-31

1996-09-30

1996-06-30

1996-03-31

1995-12-31

1995-09-30

1995-06-30

1995-03-31

1994-12-31

1994-09-30

1994-06-30

1994-03-31

1993-12-31

1993-09-30

1993-06-30

1993-03-31

1992-12-31

1992-09-30

1992-06-30

1992-03-31

1991-12-31

1991-09-30

1991-06-30

1991-03-31

1990-12-31

1990-09-30

1990-06-30

1990-03-31

> Total Assets

2,413,000
2,445,600
2,471,300
2,538,200
2,589,800
2,620,500
2,676,700
2,695,400
2,758,000
2,819,200
2,871,800
2,889,500
2,987,600
3,048,700
3,092,900
3,147,600
3,273,200
3,287,000
3,301,000
3,285,500
3,413,300
3,512,200
3,556,800
3,662,300
3,655,800
3,676,500
3,746,300
3,860,449
3,859,800
3,968,400
4,111,700
4,131,335
4,358,400
4,298,300
4,280,400
4,395,260
4,402,600
4,327,800
4,224,900
4,253,846
4,232,919
4,280,650
4,346,020
4,420,580
4,513,895
4,627,877
4,627,615
4,489,026
4,859,417
4,856,799
4,842,096
4,512,289
4,907,798
5,151,137
5,296,366
4,972,988
5,518,972
5,420,070
5,752,959
5,371,902
5,577,513
5,824,180
6,027,142
5,840,607
6,028,235
6,003,423
6,277,541
6,329,687
6,470,674
6,476,516
6,295,316
6,259,313
6,080,290
6,053,009
5,787,444
5,507,718
5,526,333
5,828,171
6,292,099
6,343,113
6,597,196
6,669,383
6,984,476
7,005,541
7,174,001
7,208,047
7,336,698
7,483,737
7,697,700
7,823,954
8,122,176
8,167,726
8,457,354
8,355,778
8,522,731
8,826,672
9,083,452
9,446,175
9,642,964
9,768,527
10,074,419
9,969,540
9,903,499
10,059,343
10,231,387
10,466,302
10,691,077
10,576,824
10,779,505
10,876,135
11,044,348
11,198,340
11,068,542
11,156,214
11,280,765
11,031,896
11,561,080
11,779,407
12,332,545
12,478,704
11,972,155
12,571,704
13,003,388
13,471,813
13,745,500
14,190,100
14,265,000
14,383,900
14,427,400
13,758,500
13,314,100
13,310,500
13,653,900
13,671,900
13,412,500
11,676,400

11,676,400

13,412,500

13,671,900

13,653,900

13,310,500

13,314,100

13,758,500

14,427,400

14,383,900

14,265,000

14,190,100

13,745,500

13,471,813

13,003,388

12,571,704

11,972,155

12,478,704

12,332,545

11,779,407

11,561,080

11,031,896

11,280,765

11,156,214

11,068,542

11,198,340

11,044,348

10,876,135

10,779,505

10,576,824

10,691,077

10,466,302

10,231,387

10,059,343

9,903,499

9,969,540

10,074,419

9,768,527

9,642,964

9,446,175

9,083,452

8,826,672

8,522,731

8,355,778

8,457,354

8,167,726

8,122,176

7,823,954

7,697,700

7,483,737

7,336,698

7,208,047

7,174,001

7,005,541

6,984,476

6,669,383

6,597,196

6,343,113

6,292,099

5,828,171

5,526,333

5,507,718

5,787,444

6,053,009

6,080,290

6,259,313

6,295,316

6,476,516

6,470,674

6,329,687

6,277,541

6,003,423

6,028,235

5,840,607

6,027,142

5,824,180

5,577,513

5,371,902

5,752,959

5,420,070

5,518,972

4,972,988

5,296,366

5,151,137

4,907,798

4,512,289

4,842,096

4,856,799

4,859,417

4,489,026

4,627,615

4,627,877

4,513,895

4,420,580

4,346,020

4,280,650

4,232,919

4,253,846

4,224,900

4,327,800

4,402,600

4,395,260

4,280,400

4,298,300

4,358,400

4,131,335

4,111,700

3,968,400

3,859,800

3,860,449

3,746,300

3,676,500

3,655,800

3,662,300

3,556,800

3,512,200

3,413,300

3,285,500

3,301,000

3,287,000

3,273,200

3,147,600

3,092,900

3,048,700

2,987,600

2,889,500

2,871,800

2,819,200

2,758,000

2,695,400

2,676,700

2,620,500

2,589,800

2,538,200

2,471,300

2,445,600

2,413,000

> Total Current Assets

0
0
0
0
0
0
0
33,800
32,400
0
0
38,500
37,600
0
0
40,900
40,600
35,900
43,200
41,500
41,700
39,900
52,100
51,100
55,900
69,200
76,500
13,704
6,000
8,000
14,000
353
10,000
11,000
13,000
202,097
16,000
19,000
19,000
22,848
18,958
30,628
21,498
21,141
18,145
18,631
23,516
33,939
33,321
20,858
10,028
60,162
30,908
530,891
47,803
19,773
31,115
22
24
5,324,500
5,530,117
5,776,784
5,979,746
5,793,206
5,980,839
5,956,027
6,230,145
13,438
6,535,000
9,094,000
8,293,000
13,209
8,856,000
11,028,000
15,389,000
9,204
12,359,000
24
17
7,848
18
16
41
5,928
37,135,000
38,321,000
40,757,000
7,452
35,383,000
31,495,000
41,920,000
15,181
49,896,000
37,881,000
45,773,000
18,189
34,915,000
44,703,000
41,192,000
11,675
43,931,000
46,013,000
49,915,000
1
50,454,000
50,432,000
54
1
6,593,000
16,006
6,692
1
23,951
8,247
6,431
1
7,281
7,616
39,349
1
41,247
82,390
65,475
1
39,000
6,584,400
6,552,200
6,722,500
6,883,600
5,738,100
5,308,300
6,052,700
5,377,400
5,235,000
4,996,100
830,200

830,200

4,996,100

5,235,000

5,377,400

6,052,700

5,308,300

5,738,100

6,883,600

6,722,500

6,552,200

6,584,400

39,000

65,475

82,390

41,247

39,349

7,616

7,281

6,431

8,247

23,951

6,692

16,006

6,593,000

50,432,000

50,454,000

49,915,000

46,013,000

43,931,000

11,675

41,192,000

44,703,000

34,915,000

18,189

45,773,000

37,881,000

49,896,000

15,181

41,920,000

31,495,000

35,383,000

7,452

40,757,000

38,321,000

37,135,000

5,928

7,848

12,359,000

9,204

15,389,000

11,028,000

8,856,000

13,209

8,293,000

9,094,000

6,535,000

13,438

6,230,145

5,956,027

5,980,839

5,793,206

5,979,746

5,776,784

5,530,117

5,324,500

31,115

19,773

47,803

530,891

30,908

60,162

10,028

20,858

33,321

33,939

23,516

18,631

18,145

21,141

21,498

30,628

18,958

22,848

19,000

16,000

202,097

13,000

11,000

10,000

353

14,000

8,000

6,000

13,704

76,500

69,200

55,900

51,100

52,100

39,900

41,700

41,500

43,200

35,900

40,600

40,900

37,600

38,500

32,400

33,800

Cash And Cash Equivalents

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,000
12,000
13,704
6,000
8,000
14,000
353
10,000
11,000
13,000
12,044
16,000
19,000
19,000
22,848
18,958
30,628
21,498
21,141
18,145
18,631
23,516
33,939
33,321
20,858
10,028
60,162
30,908
38,524
47,803
19,773
31,115
21,509
24,245
184
0
0
0
177
0
0
0
13,438
6,535
9,094
8,293
13,209
8,856
11,028
15,389
9,204
12,359
24,195
16,770
7,848
18,370
15,506
41,074
5,928
37,135
38,321
40,757
7,452
35,383
31,495
41,920
15,181
49,896
37,881
45,773
18,189
34,915
44,703
41,192
11,675
43,931
46,013
49,915
15,509
50,454
50,432
53,616
16,670
6,593
16,006
6,692
7,627
23,951
8,247
6,431
11,906
7,281
7,616
39,349
25,508
40,655
81,709
64,778
22,323
38,300
28,300
38,900
133,000
48,300
49,200
35,200
42,800
26,600
22,200
33,700
29,700

29,700

33,700

22,200

26,600

42,800

35,200

49,200

48,300

133,000

38,900

28,300

38,300

22,323

64,778

81,709

40,655

25,508

39,349

7,616

7,281

11,906

6,431

8,247

23,951

7,627

6,692

16,006

6,593

16,670

53,616

50,432

50,454

15,509

49,915

46,013

43,931

11,675

41,192

44,703

34,915

18,189

45,773

37,881

49,896

15,181

41,920

31,495

35,383

7,452

40,757

38,321

37,135

5,928

41,074

15,506

18,370

7,848

16,770

24,195

12,359

9,204

15,389

11,028

8,856

13,209

8,293

9,094

6,535

13,438

177

184

24,245

21,509

31,115

19,773

47,803

38,524

30,908

60,162

10,028

20,858

33,321

33,939

23,516

18,631

18,145

21,141

21,498

30,628

18,958

22,848

19,000

16,000

12,044

13,000

11,000

10,000

353

14,000

8,000

6,000

13,704

12,000

14,000

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
87,392
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
395,747
0
0
0
343,406
446,914
142
255,183
301,088
370,356
192,995
366,183
473,591
391,484
299,722
351,736
543,227
332,154
220,701
305,818
249,976
275,625
354,925
478,202
500,863
516,752
415,081
301,212
331,842
298,111
334,030
211,627
159,804
249,802
228,902
229,604
216,856
353,504
6,292,097
6,426,099
6,297,338
6,340,752
6,539,473
6,801,280
7,089,680
7,306,471
7,403,467
7,621,212
7,385,105
7,541,192
7,648,030
7,824,617
8,070,958
8,169,152
7,999,372
8,124,285
8,237,937
8,337,136
8,352,348
8,224,662
7,959,045
7,915,078
7,922,161
8,227,344
6,068,101
6,378,379
6,153,652
6,124,880
6,398,280
6,621,595
6,691,585
6,667,900
6,856,100
6,763,600
6,589,500
6,324,400
5,990,700
5,526,700
5,504,300
5,641,100
5,510,000
616,500
294,100

294,100

616,500

5,510,000

5,641,100

5,504,300

5,526,700

5,990,700

6,324,400

6,589,500

6,763,600

6,856,100

6,667,900

6,691,585

6,621,595

6,398,280

6,124,880

6,153,652

6,378,379

6,068,101

8,227,344

7,922,161

7,915,078

7,959,045

8,224,662

8,352,348

8,337,136

8,237,937

8,124,285

7,999,372

8,169,152

8,070,958

7,824,617

7,648,030

7,541,192

7,385,105

7,621,212

7,403,467

7,306,471

7,089,680

6,801,280

6,539,473

6,340,752

6,297,338

6,426,099

6,292,097

353,504

216,856

229,604

228,902

249,802

159,804

211,627

334,030

298,111

331,842

301,212

415,081

516,752

500,863

478,202

354,925

275,625

249,976

305,818

220,701

332,154

543,227

351,736

299,722

391,484

473,591

366,183

192,995

370,356

301,088

255,183

142

446,914

343,406

395,747

87,392

Net Receivables

0
0
0
0
0
0
0
33,800
32,400
0
0
38,500
37,600
0
0
40,900
40,600
35,900
43,200
41,500
41,700
39,900
52,100
51,100
55,900
55,200
64,500
0
0
0
0
0
0
0
0
102,661
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
96,620
0
0
0
95,982
105,819
104,530
103,046
96,927
106,954
103,141
99,968
98,093
107,535
107,590
102,624
98,581
105,006
101,427
103,481
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,195
0
0
0
0
0
0
0
3,832
0
0
0
16,266
0
0
0
20,793
0
2,315,330
2,342,305
2,346,166
2,356,253
2,373,267
2,402,539
2,420,926
2,442,200
2,456,800
2,477,900
2,481,500
510,900
497,600
497,500
506,200
467,600
453,600
441,100
480,500

480,500

441,100

453,600

467,600

506,200

497,500

497,600

510,900

2,481,500

2,477,900

2,456,800

2,442,200

2,420,926

2,402,539

2,373,267

2,356,253

2,346,166

2,342,305

2,315,330

20,793

16,266

3,832

1,195

103,481

101,427

105,006

98,581

102,624

107,590

107,535

98,093

99,968

103,141

106,954

96,927

103,046

104,530

105,819

95,982

96,620

102,661

64,500

55,200

55,900

51,100

52,100

39,900

41,700

41,500

43,200

35,900

40,600

40,900

37,600

38,500

32,400

33,800

Other Current Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-460,875
-576,954
5,219,828
5,171,888
5,378,769
5,502,436
5,497,070
5,514,688
5,384,343
5,731,126
-407,312
6,074,105
8,443,098
7,847,547
-322,128
8,437,845
10,766,996
15,097,986
-354,925
11,868,439
-525,034
-533,505
-415,081
-319,564
-347,332
-339,144
-334,030
36,886,238
38,122,875
40,466,441
-228,902
35,118,013
31,246,649
41,524,576
-6,292,097
43,420,005
31,545,781
39,386,475
-6,539,473
28,078,805
37,568,617
33,844,337
-7,403,467
36,265,857
38,581,882
42,323,893
-7,663,538
42,578,929
42,310,610
-8,222,714
-8,016,041
-1,537,878
-8,237,937
-8,337,136
-8,359,974
-8,224,662
-7,959,045
-7,915,078
-7,934,066
-8,227,344
-6,068,101
-6,378,379
-6,179,159
-6,124,288
-6,397,599
-6,620,898
-6,713,907
-6,667,200
-6,855,400
2,479,200
2,612,500
3,003,500
-799,400
737,700
794,500
744,500
730,200
753,900
830,200

830,200

753,900

730,200

744,500

794,500

737,700

-799,400

3,003,500

2,612,500

2,479,200

-6,855,400

-6,667,200

-6,713,907

-6,620,898

-6,397,599

-6,124,288

-6,179,159

-6,378,379

-6,068,101

-8,227,344

-7,934,066

-7,915,078

-7,959,045

-8,224,662

-8,359,974

-8,337,136

-8,237,937

-1,537,878

-8,016,041

-8,222,714

42,310,610

42,578,929

-7,663,538

42,323,893

38,581,882

36,265,857

-7,403,467

33,844,337

37,568,617

28,078,805

-6,539,473

39,386,475

31,545,781

43,420,005

-6,292,097

41,524,576

31,246,649

35,118,013

-228,902

40,466,441

38,122,875

36,886,238

-334,030

-339,144

-347,332

-319,564

-415,081

-533,505

-525,034

11,868,439

-354,925

15,097,986

10,766,996

8,437,845

-322,128

7,847,547

8,443,098

6,074,105

-407,312

5,731,126

5,384,343

5,514,688

5,497,070

5,502,436

5,378,769

5,171,888

5,219,828

-576,954

-460,875

> Long-term Assets

0
0
0
0
0
0
0
177,200
171,100
0
0
154,700
141,600
0
0
131,900
150,700
147,500
144,500
141,500
138,600
135,600
132,700
129,800
127,200
124,100
121,300
2,777,112
115,900
113,200
110,600
2,746,794
106,100
104,200
102,400
2,839,871
0
97,600
96,000
2,609,380
2,594,415
2,603,630
2,624,202
2,699,998
2,685,325
2,784,236
2,850,498
2,855,656
2,724,125
2,761,871
2,942,945
3,038,591
3,119,933
3,635,760
3,217,470
3,306,070
3,386,365
47,396
47,396
47,402
47,396
47,396
47,396
47,401
47,396
47,396
47,396
47,402
-64,326
-2,617,484
-1,997,684
47,401
-2,775,710
-4,974,991
-9,601,556
47,401
-6,832,667
47,396
47,396
47,396
47,396
47,396
47,396
47,396
-29,960,999
-31,112,953
-33,420,302
1,798,777
-27,685,969
-23,671,046
-33,797,824
1,860,448
-41,438,646
-29,525,222
-37,250,269
2,269,010
-25,831,548
-35,256,825
-31,549,036
2,863,762
-33,856,581
-36,043,460
-40,011,501
2,952,494
-40,222,613
-39,965,698
3,143,408
3,103,446
3,262,162
2,622,192
3,407,022
3,466,638
3,409,909
3,672,402
3,745,195
3,504,672
3,755,795
6,237,521
5,560,206
5,813,963
5,329,677
5,608,504
215,366
201,914
198,000
195,400
192,200
7,704,400
7,510,000
252,700
248,500
6,896,400
235,800
232,000
228,300
10,846,200

10,846,200

228,300

232,000

235,800

6,896,400

248,500

252,700

7,510,000

7,704,400

192,200

195,400

198,000

201,914

215,366

5,608,504

5,329,677

5,813,963

5,560,206

6,237,521

3,755,795

3,504,672

3,745,195

3,672,402

3,409,909

3,466,638

3,407,022

2,622,192

3,262,162

3,103,446

3,143,408

-39,965,698

-40,222,613

2,952,494

-40,011,501

-36,043,460

-33,856,581

2,863,762

-31,549,036

-35,256,825

-25,831,548

2,269,010

-37,250,269

-29,525,222

-41,438,646

1,860,448

-33,797,824

-23,671,046

-27,685,969

1,798,777

-33,420,302

-31,112,953

-29,960,999

47,396

-6,832,667

47,401

-9,601,556

-4,974,991

-2,775,710

47,401

-1,997,684

-2,617,484

-64,326

47,402

47,396

47,401

47,396

47,402

47,396

3,386,365

3,306,070

3,217,470

3,635,760

3,119,933

3,038,591

2,942,945

2,761,871

2,724,125

2,855,656

2,850,498

2,784,236

2,685,325

2,699,998

2,624,202

2,603,630

2,594,415

2,609,380

96,000

97,600

2,839,871

102,400

104,200

106,100

2,746,794

110,600

113,200

115,900

2,777,112

121,300

124,100

127,200

129,800

132,700

135,600

138,600

141,500

144,500

147,500

150,700

131,900

141,600

154,700

171,100

177,200

Property Plant Equipment

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
29,627
0
0
0
29,535
0
0
0
29,934
0
0
0
25,547
0
0
0
21,564
0
0
0
22,580
0
0
0
32,658
0
0
0
37,727
0
0
0
45,635
0
0
0
45,672
0
0
0
41,713
0
0
0
39,700
0
0
0
36,994
0
0
0
34,935
34,935
0
0
31,029
31,029
0
0
25,640
0
0
0
32,188
32,188
0
0
38,941
38,941
0
0
40,976
13,229
12,692
17,527
60,125
60,125
0
0
64,717
0
0
0
66,000
0
0
0
69,300
0
0
0
68,600

68,600

69,300

66,000

64,717

60,125

17,527

12,692

13,229

40,976

38,941

32,188

25,640

31,029

34,935

36,994

39,700

41,713

45,672

45,635

37,727

32,658

22,580

21,564

25,547

29,934

29,535

29,627

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
49,014
0
0
0
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
57,483
29,458
48,744
49,079
49,079
49,079
49,079
43,454
43,500
43,500
43,500
43,500
56,300
56,300
56,300
54,300
54,300
54,300
54,300
54,300

54,300

56,300

43,500

43,454

49,079

48,744

29,458

57,483

47,396

49,014

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,249,739
5,579,897
5,677,508
5,757,477
5,949,617
6,174,767
6,292,097
6,426,099
6,297,338
6,340,752
6,539,473
6,801,280
7,089,680
7,306,471
7,403,467
7,621,212
7,385,105
7,541,192
7,648,030
7,824,617
8,070,958
8,169,152
7,999,372
8,124,285
8,237,937
8,337,136
8,352,348
8,224,662
8,232,832
8,241,971
8,250,677
8,557,778
6,419,616
6,732,990
6,639,233
6,601,231
6,880,810
7,142,085
7,262,234
7,313,100
7,587,500
7,531,300
7,449,500
7,253,100
6,936,400
6,638,000
6,587,600
6,785,300
6,669,600
6,519,400
6,689,100

6,689,100

6,519,400

6,669,600

6,785,300

6,587,600

6,638,000

6,936,400

7,253,100

7,449,500

7,531,300

7,587,500

7,313,100

7,262,234

7,142,085

6,880,810

6,601,231

6,639,233

6,732,990

6,419,616

8,557,778

8,250,677

8,241,971

8,232,832

8,224,662

8,352,348

8,337,136

8,237,937

8,124,285

7,999,372

8,169,152

8,070,958

7,824,617

7,648,030

7,541,192

7,385,105

7,621,212

7,403,467

7,306,471

7,089,680

6,801,280

6,539,473

6,340,752

6,297,338

6,426,099

6,292,097

6,174,767

5,949,617

5,757,477

5,677,508

5,579,897

5,249,739

Intangible Assets

196,500
191,800
188,500
195,000
191,300
187,300
183,200
177,200
171,100
166,600
164,000
154,700
141,600
138,400
135,100
131,900
150,700
147,500
144,500
141,500
138,600
135,600
132,700
129,800
127,200
124,100
121,300
118,600
115,900
113,200
110,600
108,000
106,100
104,200
102,400
101,100
0
97,600
96,000
102,100
98,702
96,566
94,442
92,260
0
88,232
85,357
85,789
85,036
83,193
80,503
79,341
77,790
76,409
74,641
74,655
73,174
72,773
71,032
68,918
67,487
65,983
65,034
63,718
62,530
61,453
59,948
57,919
56,590
55,459
54,164
52,776
51,455
50,176
48,946
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
47,396
280,165
292,608
305,350
298,742
291,631
295,241
181,145
177,217
173,531
169,845
166,287
158,460
155,200
151,900
148,700
145,400
200,600
196,400
192,200
185,200
181,500
177,700
174,000
156,900

156,900

174,000

177,700

181,500

185,200

192,200

196,400

200,600

145,400

148,700

151,900

155,200

158,460

166,287

169,845

173,531

177,217

181,145

295,241

291,631

298,742

305,350

292,608

280,165

47,396

48,946

50,176

51,455

52,776

54,164

55,459

56,590

57,919

59,948

61,453

62,530

63,718

65,034

65,983

67,487

68,918

71,032

72,773

73,174

74,655

74,641

76,409

77,790

79,341

80,503

83,193

85,036

85,789

85,357

88,232

92,260

94,442

96,566

98,702

102,100

96,000

97,600

101,100

102,400

104,200

106,100

108,000

110,600

113,200

115,900

118,600

121,300

124,100

127,200

129,800

132,700

135,600

138,600

141,500

144,500

147,500

150,700

131,900

135,100

138,400

141,600

154,700

164,000

166,600

171,100

177,200

183,200

187,300

191,300

195,000

188,500

191,800

196,500

Long-term Assets Other

-196,500
-191,800
-188,500
-195,000
-191,300
-187,300
-183,200
-177,200
-171,100
-166,600
-164,000
-154,700
-141,600
-138,400
-135,100
-131,900
-150,700
-147,500
-144,500
-141,500
-138,600
-135,600
-132,700
-129,800
-127,200
-124,100
-121,300
-2,777,112
-115,900
-113,200
-110,600
-2,746,794
-106,100
-104,200
-102,400
-2,839,871
0
-97,600
-96,000
-2,609,380
-2,594,415
-2,603,630
-2,624,202
-2,699,998
-2,685,325
-2,784,236
-2,850,498
-2,855,656
-2,724,125
-2,761,871
-2,942,945
-3,038,591
-3,119,933
-3,635,760
-3,217,470
-3,306,070
-3,386,365
-3,661,083
-3,935,971
-3,541,391
-3,786,739
-3,986,697
-4,071,032
-3,896,292
-4,032,234
-4,133,770
-4,197,838
-4,119,898
-4,366,364
-7,036,782
-6,220,150
-4,180,245
-6,979,275
-9,165,849
-13,564,588
-3,901,750
-10,777,955
-4,206,938
-4,590,829
-4,574,624
-4,764,295
-4,873,987
-5,116,634
-5,073,623
-35,178,870
-36,410,088
-39,047,595
-3,926,127
-33,490,842
-29,668,059
-40,019,987
-4,516,039
-47,912,141
-35,869,956
-43,638,417
-4,352,794
-32,680,224
-42,393,901
-38,902,903
-4,618,130
-41,525,189
-43,475,961
-47,600,089
-4,768,572
-48,094,626
-48,084,052
-5,073,140
-4,975,510
-4,909,519
-5,663,141
-4,977,510
-4,972,047
-4,862,149
-4,607,826
-4,544,172
-4,834,377
-4,859,466
-211,553
-1,402,673
-1,111,691
-1,494,164
-1,491,230
-7,142,085
-7,326,951
-7,313,800
-7,587,500
-7,531,300
-1,210,000
-7,510,000
-6,936,400
-6,638,000
-135,300
-6,785,300
-6,669,600
-6,519,400
9,251,800

9,251,800

-6,519,400

-6,669,600

-6,785,300

-135,300

-6,638,000

-6,936,400

-7,510,000

-1,210,000

-7,531,300

-7,587,500

-7,313,800

-7,326,951

-7,142,085

-1,491,230

-1,494,164

-1,111,691

-1,402,673

-211,553

-4,859,466

-4,834,377

-4,544,172

-4,607,826

-4,862,149

-4,972,047

-4,977,510

-5,663,141

-4,909,519

-4,975,510

-5,073,140

-48,084,052

-48,094,626

-4,768,572

-47,600,089

-43,475,961

-41,525,189

-4,618,130

-38,902,903

-42,393,901

-32,680,224

-4,352,794

-43,638,417

-35,869,956

-47,912,141

-4,516,039

-40,019,987

-29,668,059

-33,490,842

-3,926,127

-39,047,595

-36,410,088

-35,178,870

-5,073,623

-5,116,634

-4,873,987

-4,764,295

-4,574,624

-4,590,829

-4,206,938

-10,777,955

-3,901,750

-13,564,588

-9,165,849

-6,979,275

-4,180,245

-6,220,150

-7,036,782

-4,366,364

-4,119,898

-4,197,838

-4,133,770

-4,032,234

-3,896,292

-4,071,032

-3,986,697

-3,786,739

-3,541,391

-3,935,971

-3,661,083

-3,386,365

-3,306,070

-3,217,470

-3,635,760

-3,119,933

-3,038,591

-2,942,945

-2,761,871

-2,724,125

-2,855,656

-2,850,498

-2,784,236

-2,685,325

-2,699,998

-2,624,202

-2,603,630

-2,594,415

-2,609,380

-96,000

-97,600

-2,839,871

-102,400

-104,200

-106,100

-2,746,794

-110,600

-113,200

-115,900

-2,777,112

-121,300

-124,100

-127,200

-129,800

-132,700

-135,600

-138,600

-141,500

-144,500

-147,500

-150,700

-131,900

-135,100

-138,400

-141,600

-154,700

-164,000

-166,600

-171,100

-177,200

-183,200

-187,300

-191,300

-195,000

-188,500

-191,800

-196,500

> Total Liabilities

2,343,000
2,375,200
2,401,600
2,466,600
2,514,300
2,539,900
2,590,500
2,390,900
2,435,100
2,482,600
2,527,000
2,532,400
2,612,200
2,654,700
2,681,300
2,717,700
2,829,400
2,862,700
2,879,600
2,873,500
2,937,800
3,135,400
3,142,100
3,192,100
3,224,800
3,249,500
3,295,500
3,376,054
3,392,600
3,502,200
3,615,300
3,625,363
3,850,300
3,812,200
3,771,400
3,898,637
3,929,600
3,894,200
3,816,500
3,853,704
3,824,189
3,880,215
3,927,090
3,992,587
4,045,133
4,183,627
4,144,276
4,029,836
4,420,829
4,417,257
4,354,839
3,983,447
4,364,290
4,561,188
4,763,517
4,442,513
4,942,424
4,916,675
5,207,062
4,795,696
5,019,628
5,189,752
5,442,355
5,260,016
5,474,235
5,464,842
5,661,155
5,672,606
5,793,251
5,823,999
5,614,401
5,566,035
5,437,580
5,461,907
5,325,614
5,058,873
5,081,622
5,266,332
5,563,539
5,623,568
5,818,960
5,795,823
6,010,581
6,125,534
6,273,801
6,275,790
6,281,176
6,396,811
6,608,900
6,680,416
6,889,758
6,921,923
7,195,671
7,249,441
7,433,424
7,727,367
7,885,619
8,163,032
8,354,635
8,432,064
8,664,648
8,662,868
8,596,321
8,794,682
8,895,400
9,048,967
9,246,993
9,282,842
9,457,687
9,514,005
9,653,907
9,696,767
9,663,863
9,805,773
9,976,509
9,741,346
10,137,366
10,279,730
10,753,933
10,911,419
10,494,535
10,931,893
11,287,710
11,681,734
12,052,600
12,373,500
12,468,600
12,576,500
12,890,600
12,498,400
12,237,500
12,212,200
12,514,700
12,570,000
546,100
10,501,100

10,501,100

546,100

12,570,000

12,514,700

12,212,200

12,237,500

12,498,400

12,890,600

12,576,500

12,468,600

12,373,500

12,052,600

11,681,734

11,287,710

10,931,893

10,494,535

10,911,419

10,753,933

10,279,730

10,137,366

9,741,346

9,976,509

9,805,773

9,663,863

9,696,767

9,653,907

9,514,005

9,457,687

9,282,842

9,246,993

9,048,967

8,895,400

8,794,682

8,596,321

8,662,868

8,664,648

8,432,064

8,354,635

8,163,032

7,885,619

7,727,367

7,433,424

7,249,441

7,195,671

6,921,923

6,889,758

6,680,416

6,608,900

6,396,811

6,281,176

6,275,790

6,273,801

6,125,534

6,010,581

5,795,823

5,818,960

5,623,568

5,563,539

5,266,332

5,081,622

5,058,873

5,325,614

5,461,907

5,437,580

5,566,035

5,614,401

5,823,999

5,793,251

5,672,606

5,661,155

5,464,842

5,474,235

5,260,016

5,442,355

5,189,752

5,019,628

4,795,696

5,207,062

4,916,675

4,942,424

4,442,513

4,763,517

4,561,188

4,364,290

3,983,447

4,354,839

4,417,257

4,420,829

4,029,836

4,144,276

4,183,627

4,045,133

3,992,587

3,927,090

3,880,215

3,824,189

3,853,704

3,816,500

3,894,200

3,929,600

3,898,637

3,771,400

3,812,200

3,850,300

3,625,363

3,615,300

3,502,200

3,392,600

3,376,054

3,295,500

3,249,500

3,224,800

3,192,100

3,142,100

3,135,400

2,937,800

2,873,500

2,879,600

2,862,700

2,829,400

2,717,700

2,681,300

2,654,700

2,612,200

2,532,400

2,527,000

2,482,600

2,435,100

2,390,900

2,590,500

2,539,900

2,514,300

2,466,600

2,401,600

2,375,200

2,343,000

> Total Current Liabilities

3,000
3,000
3,000
3,000
3,000
3,000
3,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
102,000
75,000
67,000
3,149,000
3,195,000
3,276,000
3,292,000
3,402,000
3,515,000
3,525,000
3,750,000
3,712,000
3,671,000
3,799,000
3,829,000
3,794,000
3,716,000
3,754,000
3,724,000
3,780,000
3,827,000
3,893,000
3,945,000
4,084,000
4,044,000
3,930,000
4,321,000
4,204,000
4,167,000
3,838,000
4,219,000
4,416,000
4,619,000
4,278,000
4,797,000
4,772,000
5,062,000
4,651,000
4,875,000
4,999,000
5,251,000
5,069,000
5,354,000
5,224,000
5,429,000
5,441,000
5,561,000
5,625,000
5,415,000
5,367,000
5,238,000
5,262,000
5,126,000
4,859,000
4,882,000
5,066,000
5,364,000
5,424,000
5,619,000
5,596,000
5,811,000
5,916,000
6,074,000
6,076,000
6,081,000
6,180,000
6,408,000
6,480,000
6,690,000
6,722,000
6,996,000
7,049,000
7,233,000
7,527,000
7,686,000
7,963,000
8,155,000
8,232,000
8,465,000
8,538,000
8,471,000
8,545,000
8,648,000
8,802,000
9,000,000
9,036,000
9,211,000
9,267,000
9,407,000
9,400,000
9,366,000
9,508,000
9,679,000
9,443,606
9,839,556
9,981,849
10,455,980
10,613,394
10,196,437
10,629,721
135,000
135
135,000
135,000
135,000
249,000
249,000
249,000
249,000
249,000
249,000
249,000
-1,929,100
-1,914,900

-1,914,900

-1,929,100

249,000

135,000

135

135,000

10,629,721

10,196,437

10,613,394

10,455,980

9,981,849

9,839,556

9,443,606

9,679,000

9,508,000

9,366,000

9,400,000

9,407,000

9,267,000

9,211,000

9,036,000

9,000,000

8,802,000

8,648,000

8,545,000

8,471,000

8,538,000

8,465,000

8,232,000

8,155,000

7,963,000

7,686,000

7,527,000

7,233,000

7,049,000

6,996,000

6,722,000

6,690,000

6,480,000

6,408,000

6,180,000

6,081,000

6,076,000

6,074,000

5,916,000

5,811,000

5,596,000

5,619,000

5,424,000

5,364,000

5,066,000

4,882,000

4,859,000

5,126,000

5,262,000

5,238,000

5,367,000

5,415,000

5,625,000

5,561,000

5,441,000

5,429,000

5,224,000

5,354,000

5,069,000

5,251,000

4,999,000

4,875,000

4,651,000

5,062,000

4,772,000

4,797,000

4,278,000

4,619,000

4,416,000

4,219,000

3,838,000

4,167,000

4,204,000

4,321,000

3,930,000

4,044,000

4,084,000

3,945,000

3,893,000

3,827,000

3,780,000

3,724,000

3,754,000

3,716,000

3,794,000

3,829,000

3,799,000

3,671,000

3,712,000

3,750,000

3,525,000

3,515,000

3,402,000

3,292,000

3,276,000

3,195,000

3,149,000

67,000

75,000

102,000

3,000

Short-term Debt

3,000
3,000
3,000
3,000
3,000
3,000
3,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
102,000
75,000
67,000
58,000
50,000
34,000
34,000
42,000
42,000
42,000
42,000
45,000
45,000
50,000
51,000
49,000
49,000
49,000
49,000
49,000
49,000
49,000
49,000
49,000
49,000
53,000
53,000
0
0
0
0
0
0
25,000
25,000
25,000
25,000
25,000
25,000
0
0
0
67,000
0
0
0
0
0
0
0
0
0
0
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
38,000
113,000
113,000
246,975
0
0
0
247,209
247,273
247,337
247,403
872,469
297,536
297,603
0
0
0
0
135,000
135,000
135,000
135,000
135,000
135,000
135,000
135,000
135,000
249,000
249,000
249,000
249,000
249,000
249,000
249,000
0
0

249,000

135,000

297,603

297,536

872,469

247,403

247,337

247,273

247,209

246,975

113,000

38,000

67,000

25,000

53,000

49,000

51,000

50,000

45,000

42,000

34,000

50,000

58,000

67,000

75,000

102,000

3,000

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
74,989
0
0
0
246,975
0
0
0
247,209
247,273
247,337
247,403
872,469
297,536
297,603
0
0
0
0
135,000
135,000
135,000
135,000
135,000
135,000
135,000
135,000
135,000
249,000
249,000
249,000
249,000
249,000
249,000
249,000
0
0

249,000

135,000

297,603

297,536

872,469

247,403

247,337

247,273

247,209

246,975

74,989

Accounts payable

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
326,575
314,917
320,741
337,977
350,501
354,616
357,002
480,170
342,445
0
0
0
350,761
0
0
0
326,661
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
325,784
0
0
0
323,720
0
0
0
329,888
0
0
341,784
347,749
358,317
379,833
384,636
396,714
393,549
398,339
412,272
442,854
438,403
444,558
454,516
438,754
452,500
433,600
440,100
425,900
475,700
490,500
481,900
585,100
0
597,800
586,600
0

586,600

597,800

585,100

481,900

490,500

475,700

425,900

440,100

433,600

452,500

438,754

454,516

444,558

438,403

442,854

412,272

398,339

393,549

396,714

384,636

379,833

358,317

347,749

341,784

329,888

323,720

325,784

326,661

350,761

342,445

480,170

357,002

354,616

350,501

337,977

320,741

314,917

326,575

Other Current Liabilities

-3,000
-3,000
-3,000
-3,000
-3,000
-3,000
-3,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-102,000
-75,000
-67,000
3,091,000
3,145,000
3,242,000
3,258,000
3,360,000
3,473,000
3,483,000
3,708,000
3,667,000
3,626,000
3,749,000
3,778,000
3,745,000
3,667,000
3,705,000
3,675,000
3,731,000
3,778,000
3,844,000
3,896,000
4,035,000
3,995,000
3,877,000
4,268,000
4,204,000
4,167,000
3,838,000
4,219,000
4,416,000
4,619,000
4,253,000
4,772,000
4,747,000
5,037,000
4,626,000
4,850,000
4,999,000
5,251,000
5,069,000
5,287,000
5,224,000
5,429,000
5,441,000
5,561,000
5,625,000
5,415,000
5,367,000
5,238,000
5,262,000
5,126,000
4,821,000
4,844,000
5,028,000
5,326,000
5,386,000
5,581,000
5,558,000
5,773,000
5,878,000
6,036,000
6,038,000
6,043,000
6,142,000
6,370,000
6,442,000
6,652,000
6,684,000
6,958,000
7,011,000
7,195,000
7,489,000
7,648,000
7,925,000
8,117,000
8,194,000
8,427,000
8,425,000
8,358,000
8,545,000
8,648,000
8,802,000
9,000,000
9,036,000
9,211,000
9,267,000
9,407,000
9,400,000
9,366,000
9,508,000
9,679,000
9,443,606
9,839,556
9,981,849
10,320,980
10,478,394
10,061,437
10,494,721
382,333
-134,865
360,600
362,900
370,400
374,700
345,000
346,100
356,800
-249,000
0
272,500
-1,929,100
-1,914,900

-1,914,900

-1,929,100

272,500

-249,000

356,800

346,100

345,000

374,700

370,400

362,900

360,600

-134,865

382,333

10,494,721

10,061,437

10,478,394

10,320,980

9,981,849

9,839,556

9,443,606

9,679,000

9,508,000

9,366,000

9,400,000

9,407,000

9,267,000

9,211,000

9,036,000

9,000,000

8,802,000

8,648,000

8,545,000

8,358,000

8,425,000

8,427,000

8,194,000

8,117,000

7,925,000

7,648,000

7,489,000

7,195,000

7,011,000

6,958,000

6,684,000

6,652,000

6,442,000

6,370,000

6,142,000

6,043,000

6,038,000

6,036,000

5,878,000

5,773,000

5,558,000

5,581,000

5,386,000

5,326,000

5,028,000

4,844,000

4,821,000

5,126,000

5,262,000

5,238,000

5,367,000

5,415,000

5,625,000

5,561,000

5,441,000

5,429,000

5,224,000

5,287,000

5,069,000

5,251,000

4,999,000

4,850,000

4,626,000

5,037,000

4,747,000

4,772,000

4,253,000

4,619,000

4,416,000

4,219,000

3,838,000

4,167,000

4,204,000

4,268,000

3,877,000

3,995,000

4,035,000

3,896,000

3,844,000

3,778,000

3,731,000

3,675,000

3,705,000

3,667,000

3,745,000

3,778,000

3,749,000

3,626,000

3,667,000

3,708,000

3,483,000

3,473,000

3,360,000

3,258,000

3,242,000

3,145,000

3,091,000

-67,000

-75,000

-102,000

-3,000

> Long-term Liabilities

372,100
360,200
370,300
363,700
384,000
372,400
377,000
143,900
143,900
145,800
161,700
128,700
128,700
119,700
111,700
111,700
151,100
150,200
120,000
100,600
100,000
240,000
100,000
100,600
100,100
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
213,000
188,000
145,000
145,000
145,000
145,000
145,000
145,000
145,000
145,000
145,000
145,000
191,000
191,000
191,000
120,000
241,000
232,000
232,000
232,000
199,000
199,000
199,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
125,000
125,000
247,000
247,000
247,000
247,000
247,000
247,000
247,000
247,000
297,000
298,000
298,000
298,000
297,740
297,810
297,881
297,953
298,025
298,098
302,172
302,247
302
302,000
278,500
253,600
253,600
253,700
248,800
7,567,500
249,000
7,596,100
7,568,400
546,100
12,416,000

12,416,000

546,100

7,568,400

7,596,100

249,000

7,567,500

248,800

253,700

253,600

278,500

302,000

302

302,247

302,172

298,098

298,025

297,953

297,881

297,810

297,740

298,000

297,000

247,000

125,000

200,000

199,000

232,000

241,000

120,000

191,000

145,000

188,000

213,000

100,000

100,100

100,600

100,000

240,000

100,000

100,600

120,000

150,200

151,100

111,700

119,700

128,700

161,700

145,800

143,900

377,000

372,400

384,000

363,700

370,300

360,200

372,100

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
199,712
199,728
199,744
199,760
199,777
199,793
199,809
199,825
199,842
199,858
199,874
199,890
199,907
199,923
199,939
199,955
124,969
124,979
249,346
247,022
247,083
247,146
247,209
247,273
247,337
247,403
297,469
297,536
297,603
297,671
297,740
297,810
297,881
297,953
298,025
298,098
302,172
302,247
302,323
302,400
278,500
253,600
253,600
253,700
248,800
248,900
498,000
249,000
249,100
546,100
0

546,100

249,100

249,000

498,000

248,900

248,800

253,700

253,600

278,500

302,400

302,323

302,247

302,172

298,098

298,025

297,953

297,881

297,810

297,740

297,671

297,603

297,536

297,469

247,403

247,337

247,273

247,209

247,146

247,083

247,022

249,346

124,979

124,969

199,955

199,939

199,923

199,907

199,890

199,874

199,858

199,842

199,825

199,809

199,793

199,777

199,760

199,744

199,728

199,712

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,675,501
3,731,516
3,778,380
3,843,866
3,896,401
4,034,884
3,995,521
3,877,069
4,268,050
4,204,436
4,167,153
3,512,187
3,904,684
4,095,754
4,280,843
3,922,309
4,418,101
4,389,962
4,557,177
4,283,531
4,849,904
4,998,880
5,251,476
4,718,369
5,287,703
5,223,392
5,429,189
5,071,032
5,561,252
5,624,547
5,414,933
5,321,008
5,238,079
5,262,390
5,126,081
4,821,324
4,844,056
5,028,750
5,325,941
5,318,313
5,581,329
5,558,176
5,772,918
5,756,779
6,036,105
6,038,078
6,043,448
5,937,645
6,370,507
6,442,639
6,651,965
6,392,813
6,957,846
7,011,599
7,195,566
7,300,416
7,598,484
7,785,166
8,116,712
7,932,341
8,426,693
8,424,899
8,358,342
8,343,128
8,648,378
8,801,884
8,999,847
8,829,934
9,210,414
9,266,668
9,406,504
9,241,523
8,661,431
8,779,491
8,925,493
8,064,851
9,072,747
9,204,354
9,504,473
9,134,531
9,266,242
9,682,125
10,013,614
9,813,847
10,802,100
11,163,500
11,269,500
10,480,800
11,567,200
11,164,000
10,900,900
10,038,300
0
11,201,400
10,931,900
0

10,931,900

11,201,400

10,038,300

10,900,900

11,164,000

11,567,200

10,480,800

11,269,500

11,163,500

10,802,100

9,813,847

10,013,614

9,682,125

9,266,242

9,134,531

9,504,473

9,204,354

9,072,747

8,064,851

8,925,493

8,779,491

8,661,431

9,241,523

9,406,504

9,266,668

9,210,414

8,829,934

8,999,847

8,801,884

8,648,378

8,343,128

8,358,342

8,424,899

8,426,693

7,932,341

8,116,712

7,785,166

7,598,484

7,300,416

7,195,566

7,011,599

6,957,846

6,392,813

6,651,965

6,442,639

6,370,507

5,937,645

6,043,448

6,038,078

6,036,105

5,756,779

5,772,918

5,558,176

5,581,329

5,318,313

5,325,941

5,028,750

4,844,056

4,821,324

5,126,081

5,262,390

5,238,079

5,321,008

5,414,933

5,624,547

5,561,252

5,071,032

5,429,189

5,223,392

5,287,703

4,718,369

5,251,476

4,998,880

4,849,904

4,283,531

4,557,177

4,389,962

4,418,101

3,922,309

4,280,843

4,095,754

3,904,684

3,512,187

4,167,153

4,204,436

4,268,050

3,877,069

3,995,521

4,034,884

3,896,401

3,843,866

3,778,380

3,731,516

3,675,501

> Total Stockholder Equity

70,000
70,400
69,700
71,600
75,500
80,600
86,200
304,500
322,900
336,600
344,800
357,100
375,400
394,000
411,600
429,900
443,800
424,300
421,400
412,000
475,500
376,800
414,700
470,200
431,000
427,000
450,800
484,395
467,200
466,200
496,400
505,972
508,100
486,100
509,000
496,623
473,000
433,600
408,400
400,142
408,730
400,435
418,930
427,993
468,762
444,250
483,339
459,190
438,588
439,542
487,257
528,842
543,508
589,949
532,849
530,475
576,548
503,395
545,897
576,206
557,885
634,428
584,787
580,591
554,000
538,581
616,386
657,081
677,423
652,517
680,915
693,278
642,710
591,102
461,830
448,845
444,711
561,839
728,560
719,545
778,236
873,560
973,895
880,007
900,200
932,257
1,055,522
1,086,926
1,088,800
1,143,538
1,232,418
1,245,803
1,261,683
1,106,337
1,089,307
1,099,305
1,197,833
1,283,143
1,288,329
1,336,463
1,409,771
1,306,672
1,307,178
1,264,661
1,335,987
1,417,335
1,444,084
1,293,982
1,321,818
1,362,130
1,390,441
1,501,573
1,404,679
1,350,441
1,304,256
1,290,550
1,423,714
1,499,677
1,578,612
1,567,285
1,477,620
1,639,811
1,715,678
1,790,079
1,692,900
1,816,600
1,796,400
1,807,400
1,536,800
1,260,100
1,076,600
1,098,300
1,139,200
1,101,900
1,051,300
1,175,300

1,175,300

1,051,300

1,101,900

1,139,200

1,098,300

1,076,600

1,260,100

1,536,800

1,807,400

1,796,400

1,816,600

1,692,900

1,790,079

1,715,678

1,639,811

1,477,620

1,567,285

1,578,612

1,499,677

1,423,714

1,290,550

1,304,256

1,350,441

1,404,679

1,501,573

1,390,441

1,362,130

1,321,818

1,293,982

1,444,084

1,417,335

1,335,987

1,264,661

1,307,178

1,306,672

1,409,771

1,336,463

1,288,329

1,283,143

1,197,833

1,099,305

1,089,307

1,106,337

1,261,683

1,245,803

1,232,418

1,143,538

1,088,800

1,086,926

1,055,522

932,257

900,200

880,007

973,895

873,560

778,236

719,545

728,560

561,839

444,711

448,845

461,830

591,102

642,710

693,278

680,915

652,517

677,423

657,081

616,386

538,581

554,000

580,591

584,787

634,428

557,885

576,206

545,897

503,395

576,548

530,475

532,849

589,949

543,508

528,842

487,257

439,542

438,588

459,190

483,339

444,250

468,762

427,993

418,930

400,435

408,730

400,142

408,400

433,600

473,000

496,623

509,000

486,100

508,100

505,972

496,400

466,200

467,200

484,395

450,800

427,000

431,000

470,200

414,700

376,800

475,500

412,000

421,400

424,300

443,800

429,900

411,600

394,000

375,400

357,100

344,800

336,600

322,900

304,500

86,200

80,600

75,500

71,600

69,700

70,400

70,000

Common Stock

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
29
0
0
0
59
0
0
0
59
0
0
0
59
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
61
61
61
61
61
61
61
61
61
61
61
61
61
61
61
61
61
61
61
61
62
62
62
62
62
62
62
62
63
63
63
64
64
64
64
64
64
65
65
65
65
65
65
65
65
65
65
65
66
66
66
66
66
66
66
66
66
66
66
66
100
100
100
100
100
100
100
100
100
100
100
100

100

Retained Earnings

-2,500
-2,200
-2,900
-900
2,800
7,900
13,500
-17,800
300
14,100
21,700
34,500
52,100
70,100
86,900
104,800
114,800
128,600
144,100
159,300
173,800
188,000
205,000
224,400
237,200
251,700
265,500
278,669
294,900
312,600
327,600
349,274
368,200
380,400
401,900
420,274
440,100
440,100
430,800
449,023
457,385
462,739
470,653
452,624
465,065
455,878
460,660
461,139
472,426
448,844
446,053
455,308
458,921
456,515
437,760
456,330
473,533
487,977
470,837
494,665
516,809
545,797
542,182
553,712
572,384
595,306
610,029
634,110
652,778
671,348
685,084
698,539
708,404
708,669
673,657
694,492
705,797
722,272
739,422
758,343
777,689
797,408
812,970
823,579
844,966
828,609
847,197
875,069
861,943
869,729
896,683
921,969
940,929
958,816
974,264
1,000,312
1,018,894
1,029,516
1,045,066
1,065,318
1,088,917
1,094,405
1,105,785
1,116,277
1,130,316
1,131,122
1,146,978
1,155,732
1,159,532
1,150,270
1,165,282
1,231,177
1,254,394
1,248,305
1,248,814
1,216,582
1,236,621
1,318,329
1,331,663
1,352,539
1,357,833
1,375,737
1,399,527
1,434,634
1,460,800
1,494,400
1,497,500
1,524,900
1,525,900
1,499,900
1,500,400
1,512,400
1,505,200
1,478,600
1,476,500
1,502,200

1,502,200

1,476,500

1,478,600

1,505,200

1,512,400

1,500,400

1,499,900

1,525,900

1,524,900

1,497,500

1,494,400

1,460,800

1,434,634

1,399,527

1,375,737

1,357,833

1,352,539

1,331,663

1,318,329

1,236,621

1,216,582

1,248,814

1,248,305

1,254,394

1,231,177

1,165,282

1,150,270

1,159,532

1,155,732

1,146,978

1,131,122

1,130,316

1,116,277

1,105,785

1,094,405

1,088,917

1,065,318

1,045,066

1,029,516

1,018,894

1,000,312

974,264

958,816

940,929

921,969

896,683

869,729

861,943

875,069

847,197

828,609

844,966

823,579

812,970

797,408

777,689

758,343

739,422

722,272

705,797

694,492

673,657

708,669

708,404

698,539

685,084

671,348

652,778

634,110

610,029

595,306

572,384

553,712

542,182

545,797

516,809

494,665

470,837

487,977

473,533

456,330

437,760

456,515

458,921

455,308

446,053

448,844

472,426

461,139

460,660

455,878

465,065

452,624

470,653

462,739

457,385

449,023

430,800

440,100

420,274

401,900

380,400

368,200

349,274

327,600

312,600

294,900

278,669

265,500

251,700

237,200

224,400

205,000

188,000

173,800

159,300

144,100

128,600

114,800

104,800

86,900

70,100

52,100

34,500

21,700

14,100

300

-17,800

13,500

7,900

2,800

-900

-2,900

-2,200

-2,500

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
372,514
372,924
373,384
376,250
378,017
380,071
383,135
390,231
396,258
400,081
407,056
413,461
417,992
420,720
422,232
435,079
437,837
439,190
442,648
444,911
447,504
450,759
453,479
454,982
459,317
462,068
464,246
466,277
470,652
473,596
475,109
474,336
476,353
478,650
480,962
481,917
483,754
486,763
488,367
489,200
490,700
492,900
495,300
496,600
498,100
500,400
502,600
503,100
505,700
508,500
0

508,500

505,700

503,100

502,600

500,400

498,100

496,600

495,300

492,900

490,700

489,200

488,367

486,763

483,754

481,917

480,962

478,650

476,353

474,336

475,109

473,596

470,652

466,277

464,246

462,068

459,317

454,982

453,479

450,759

447,504

444,911

442,648

439,190

437,837

435,079

422,232

420,720

417,992

413,461

407,056

400,081

396,258

390,231

383,135

380,071

378,017

376,250

373,384

372,924

372,514

Treasury Stock

-495,600

-493,400

-489,800

-489,600

-488,108

-485,963

-480,961

-480,881

-480,875

-479,215

-472,168

-457,702

-451,527

-436,468

-435,752

-434,208

-430,341

-430,336

-428,295

-426,452

-424,357

-422,672

-414,054

-410,717

-408,670

-407,663

-382,790

-353,325

-332,577

-357,959

-353,378

-348,781

Other Stockholders Equity

72,500
72,600
72,600
72,500
72,700
72,700
72,700
322,300
322,600
322,500
323,100
322,600
323,300
323,900
324,700
325,100
329,000
295,700
277,300
252,700
301,700
188,800
209,700
245,800
193,800
175,300
185,300
205,697
172,300
153,600
168,800
156,639
139,900
105,700
107,100
76,290
32,900
-6,500
-22,400
-48,940
-48,715
-62,364
-51,783
-24,691
3,637
-11,688
22,619
-2,009
-33,898
-9,362
41,144
10,172
10,386
9,879
9,729
9,729
9,747
9,269
9,772
10,601
11,127
11,369
12,500
12,674
13,127
13,127
13,559
15,296
16,446
19,235
19,820
516
-28,247
-52,787
-52,454
-52,121
-50,660
-50,267
-49,880
-49,582
-60,349
-45,645
-44,535
-40,215
-37,660
-36,156
-35,746
-37,333
-37,804
-44,655
-44,286
-43,317
-38,064
-34,078
-30,260
-23,285
-20,747
-16,216
-15,032
-13,520
-1,389
1,369
-12,337
-15,054
-27,257
-31,711
-28,456
-25,736
-24,233
-19,898
-18,807
-16,629
-14,604
-10,309
-7,365
-10,854
-11,627
-9,610
-7,313
-5,001
-6,191
-4,354
-1,345
259
-400
1,100
3,100
1,900
1,000
-9,300
-17,000
-14,800
-18,700
-376,800
-425,300
-13,000

-13,000

-425,300

-376,800

-18,700

-14,800

-17,000

-9,300

1,000

1,900

3,100

1,100

-400

259

-1,345

-4,354

-6,191

-5,001

-7,313

-9,610

-11,627

-10,854

-7,365

-10,309

-14,604

-16,629

-18,807

-19,898

-24,233

-25,736

-28,456

-31,711

-27,257

-15,054

-12,337

1,369

-1,389

-13,520

-15,032

-16,216

-20,747

-23,285

-30,260

-34,078

-38,064

-43,317

-44,286

-44,655

-37,804

-37,333

-35,746

-36,156

-37,660

-40,215

-44,535

-45,645

-60,349

-49,582

-49,880

-50,267

-50,660

-52,121

-52,454

-52,787

-28,247

516

19,820

19,235

16,446

15,296

13,559

13,127

12,674

12,500

11,369

11,127

10,601

9,772

9,269

9,747

9,729

9,879

10,386

10,172

41,144

-9,362

-33,898

-2,009

22,619

-11,688

3,637

-24,691

-51,783

-62,364

-48,715

-48,940

-22,400

-6,500

32,900

76,290

107,100

105,700

139,900

156,639

168,800

153,600

172,300

205,697

185,300

175,300

193,800

245,800

209,700

188,800

301,700

252,700

277,300

295,700

329,000

325,100

324,700

323,900

323,300

322,600

323,100

322,500

322,600

322,300

72,700

72,500

72,600

72,500

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31
Accounts Payable	0	585,100	425,900	438,754	442,854	396,714	347,749	329,888	323,720	325,784	0	0	0	0	0	0	0	326,661	350,761	342,445	350,501	326,575	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-314,000	-399,400	280,500	355,120	219,681	84,756	286,960	163,921	163,373	284,601	122,214	367,089	249,128	96,582	10,723	-193,587	-5,838	7,614	14,145	70,880	64,356	63,302	14,898	-4,975	-40,016	57,327	62,167	29,736	0	0	0	0	0	0
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	100	100	100	66	66	66	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	502,600	495,300	488,367	480,962	475,109	464,246	453,479	442,648	422,232	407,056	383,135	373,384	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	29,700	42,800	133,000	22,323	25,508	11,906	7,627	16,670	15,509	11,675	18,189	15,181	7,452	5,928	7,848	9,204	13,209	13,438	177	184	19,773	60,162	33,939	21,141	22,848	12,044	353	13,704	0	0	0	0	0	0
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	551,900	5,547,100	6,722,500	6,713,908	6,179,160	7,934,067	8,359,975	8,016,042	7,663,539	7,415,142	6,557,662	6,307,278	236,354	339,958	422,929	364,129	233,910	313,160	192,995	142	19,773	60,162	33,939	21,141	22,848	99,436	353	13,704	0	0	0	0	0	0
Common Stock	100	100	100	66	66	66	65	65	65	64	64	62	62	61	61	61	61	61	60	60	60	60	60	60	59	59	59	29	0	0	0	0	0	0
Common Stock Shares Outstanding	41,300	41,800	42,200	42,000	41,900	41,900	41,600	41,500	42,400	42,200	41,600	41,400	41,400	41,000	40,500	40,589	44,610	45,773	47,885	47,347	43,182	40,475	40,635	40,967	41,708	43,838	46,525	93,916	46,778	57,916	57,916	57,896	63,774	9,333
Common Stock Total Equity	0	0	100	66	66	66	65	65	65	64	64	62	62	61	61	61	61	61	60	60	60	60	60	60	59	59	59	29	0	0	0	0	0	0
Current Deferred Revenue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	54,300	54,300	43,500	43,454	49,079	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	49,014	0	0	0	0	0	0	0	0	0	0
Intangible Assets	156,900	185,200	145,400	158,460	177,217	298,742	257,826	267,580	253,176	47,396	47,396	47,396	47,396	47,396	47,396	47,396	52,776	57,919	63,718	68,918	74,655	80,563	85,789	92,260	102,100	101,100	108,000	118,600	129,800	141,500	131,900	154,700	177,200	195,000
Inventory	-1,032,400	-795,100	-547,200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	11,676,400	13,310,500	14,383,900	13,471,813	12,478,704	11,031,896	11,198,340	10,576,824	10,059,343	9,768,527	8,826,672	8,167,726	7,483,737	7,005,541	6,343,113	5,507,718	6,259,313	6,329,687	5,840,607	5,371,902	4,972,988	4,512,289	4,489,026	4,420,580	4,253,846	4,395,260	4,131,335	3,860,449	3,662,300	3,285,500	3,147,600	2,889,500	2,695,400	2,538,200
Long Term Debt	546,000	249,000	253,600	302,323	298,025	297,740	297,469	247,209	249,346	199,939	199,874	199,809	199,744	199,679	199,614	199,549	199,485	231,982	190,886	144,720	144,703	144,685	99,767	99,721	0	0	0	0	0	0	0	0	0	0
Long Term Debt Total	0	498,000	253,600	302,323	298,025	297,740	297,469	247,209	249,346	199,939	199,874	199,809	199,744	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	6,689,100	6,587,600	7,449,500	7,262,234	6,639,233	8,250,677	8,352,348	7,999,372	7,648,030	7,403,467	6,539,473	6,292,097	5,677,508	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	516,300	455,200	369,600	415,000	407,517	285,834	289,842	230,539	233,837	226,264	219,685	222,628	230,292	231,751	229,766	228,345	186,276	218,544	190,709	169,536	149,930	84,523	118,828	127,580	125,829	137,593	141,246	119,860	175,600	100,600	111,700	128,700	143,900	366,700
Net Invested Capital	1,721,300	1,586,200	2,310,000	2,227,402	2,000,310	1,588,290	1,799,042	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	480,500	506,200	153,200	2,420,926	2,346,166	20,793	16,266	3,832	0	1,195	0	0	0	0	0	0	101,427	107,590	103,141	104,530	0	0	0	0	0	102,661	0	0	51,100	41,500	40,900	38,500	33,800	0
Net Tangible Assets	0	1,020,500	1,742,100	1,588,165	1,340,989	1,243,154	1,454,177	1,246,586	1,217,265	1,289,067	1,051,909	1,198,407	1,039,530	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	2,745,100	5,803,700	6,473,500	6,578,908	6,044,160	-9,443,605	-9,399,297	-9,035,632	-8,545,335	-8,220,450	-7,508,811	-6,706,819	-6,189,548	-5,920,072	-5,416,152	-4,849,796	-5,353,791	-5,427,562	724,206	673,500	-4,278,227	-3,777,838	-3,896,061	-3,871,859	-3,731,152	-3,596,903	-3,524,647	-3,262,296	-23,900	0	0	0	0	0
Non Current Assets Total	10,846,200	6,896,400	7,704,400	7,528,865	6,925,654	3,504,672	3,466,638	3,103,446	2,952,494	2,863,762	2,269,010	1,860,448	1,798,777	47,396	47,396	47,401	47,401	47,402	47,401	47,402	3,306,070	3,038,591	2,855,656	2,699,998	2,609,380	2,839,871	2,746,794	2,777,112	129,800	141,500	131,900	154,700	177,200	0
Non Current Liabilities Other	0	0	12,073,900	11,244,411	10,478,394	5,711,193	5,573,735	9,035,633	8,545,336	8,194,125	7,489,493	6,684,114	6,159,067	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	12,416,000	249,000	253,600	302,323	298,025	297,740	297,469	247,209	246,975	199,939	200,000	200,000	200,000	200,000	200,000	200,000	199,000	232,000	191,000	145,000	145,000	145,000	100,000	100,000	100,000	100,000	100,000	100,000	100,600	100,600	111,700	128,700	143,900	363,700
Non Currrent Assets Other	9,251,800	-135,300	-29,200	-28,901	-38,511	-4,834,377	-4,972,047	-4,975,510	-4,768,572	-4,618,130	-4,352,794	-4,516,039	-3,926,127	-5,073,623	-4,574,624	-3,901,750	-4,180,245	-4,119,898	-3,896,292	-3,541,391	-3,306,070	-3,038,591	-2,855,656	-2,699,998	-2,609,380	-2,839,871	-2,746,794	-2,777,112	-129,800	-141,500	-131,900	-154,700	-177,200	-195,000
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	361,400	-43,000	-770,960	-626,110	7,527,223	7,731,701	7,473,377	7,106,848	6,893,090	6,539,473	6,292,097	5,677,508	6,952,217	6,287,869	5,451,113	6,198,703	6,268,847	87,356	55,319	1,647,145	1,413,536	1,599,431	1,699,441	1,621,618	1,353,292	1,384,188	1,069,633	3,481,400	3,102,500	2,974,800	2,696,300	2,484,400	2,538,200
Other Current Assets	830,200	794,500	394,000	296,341	249,112	-7,934,066	-8,359,974	-8,016,041	-7,663,538	-7,403,467	-6,539,473	-6,292,097	-228,902	-334,030	-415,081	-354,925	-322,128	-407,312	5,497,070	5,219,828	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Liab	-1,914,900	-249,000	-249,000	-135,000	-135,000	9,443,606	9,399,298	9,035,633	8,545,336	8,194,125	7,489,000	6,684,000	6,159,000	5,888,000	5,386,000	4,821,000	5,367,000	5,441,000	5,069,000	4,626,000	4,273,000	3,838,000	3,877,000	3,844,000	3,705,000	3,749,000	3,483,000	3,242,000	-75,000	0	0	0	0	-3,000
Other Liab	0	10,038,300	10,480,800	9,813,847	9,134,531	8,689,819	8,694,099	8,391,096	7,946,123	160,578	7,300,416	159,226	163,161	199,651	179,924	164,555	237,004	458,895	388,989	192,129	191,046	232,378	269,640	324,312	0	0	0	0	0	0	0	0	0	0
Other Stockholder Equity	-13,000	-14,800	1,900	259	-5,001	-10,854	-16,629	-25,736	-15,054	-13,520	-23,285	-43,317	-37,333	-40,215	-49,582	-52,121	516	15,296	12,674	10,601	9,729	10,172	-2,009	-24,691	-48,940	76,290	156,639	205,697	245,800	252,700	325,100	322,600	322,300	72,500
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	0	0	0	64,717	60,125	40,976	38,941	32,188	25,640	31,029	34,935	36,994	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Net	68,600	69,300	66,000	64,717	60,125	40,976	38,941	32,188	25,640	31,029	34,935	36,994	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant Equipment	0	80,900	75,000	77,268	76,608	40,976	38,941	32,188	25,640	31,029	34,935	36,994	39,700	41,713	45,672	45,635	37,727	32,658	22,580	21,564	25,547	29,934	29,535	29,627	0	0	0	0	0	0	0	0	0	0
Retained Earnings	1,502,200	1,512,400	1,524,900	1,434,634	1,352,539	1,216,582	1,231,177	1,155,732	1,116,277	1,065,318	1,000,312	921,969	875,069	823,579	758,343	694,492	698,539	634,110	553,712	494,665	456,330	455,308	461,139	452,624	449,023	420,274	349,274	278,669	224,400	159,300	104,800	34,500	-17,800	-900
Retained Earnings Total Equity	0	0	1,524,900	1,434,634	1,352,539	1,216,582	1,231,177	1,155,732	1,116,277	1,065,318	1,000,312	921,969	875,069	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	0	249,000	249,000	135,000	135,000	0	872,469	247,209	246,975	74,989	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	546,000	498,000	502,600	437,323	433,025	297,740	297,469	247,209	249,346	237,939	237,874	237,809	237,744	237,679	237,614	237,549	199,485	231,982	190,886	169,720	169,703	144,685	152,767	148,721	148,677	149,637	141,599	133,564	175,600	100,600	111,700	128,700	143,900	366,700
Short Term Debt	0	249,000	249,000	135,000	135,000	0	872,469	247,209	246,975	38,000	38,000	38,000	38,000	38,000	38,000	38,000	0	0	0	25,000	25,000	0	53,000	49,000	49,000	50,000	42,000	34,000	75,000	0	0	0	0	3,000
Short Term Investments	294,100	5,504,300	6,589,500	6,691,585	6,153,652	7,922,161	8,352,348	7,999,372	7,648,030	7,403,467	6,539,473	6,292,097	228,902	334,030	415,081	354,925	220,701	299,722	192,995	142	0	0	0	0	0	87,392	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	11,676,400	13,310,500	14,383,900	13,471,813	12,478,704	11,031,896	11,198,340	10,576,824	10,059,343	9,768,527	8,826,672	8,167,726	7,483,737	7,005,541	6,343,113	5,507,718	6,259,313	6,329,687	5,840,607	5,371,902	4,972,988	4,512,289	4,489,026	4,420,580	4,253,846	4,395,260	4,131,335	3,860,449	3,662,300	3,285,500	3,147,600	2,889,500	2,695,400	2,538,200
Total Current Assets	830,200	6,052,700	6,722,500	6,713,908	6,179,160	1	1	1	1	11,675	18,189	15,181	7,452	5,928	7,848	9,204	13,209	13,438	5,793,206	5,324,500	19,773	60,162	33,939	21,141	22,848	202,097	353	13,704	51,100	41,500	40,900	38,500	33,800	0
Total Current Liabilities	-1,914,900	249,000	249,000	135,000	135,000	9,443,606	9,399,298	9,035,633	8,545,336	8,232,125	7,527,000	6,722,000	6,197,000	5,926,000	5,424,000	4,859,000	5,367,000	5,441,000	5,069,000	4,651,000	4,298,000	3,838,000	3,930,000	3,893,000	3,754,000	3,799,000	3,525,000	3,276,000	75,000	0	0	0	0	3,000
Total Liab	10,501,100	12,212,200	12,576,500	11,681,734	10,911,419	9,741,346	9,696,767	9,282,842	8,794,682	8,432,064	7,727,367	6,921,923	6,396,811	6,125,534	5,623,568	5,058,873	5,566,035	5,672,606	5,260,016	4,795,696	4,442,513	3,983,447	4,029,836	3,992,587	3,853,704	3,898,637	3,625,363	3,376,054	3,192,100	2,873,500	2,717,700	2,532,400	2,390,900	2,466,600
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	1,175,300	1,098,300	1,807,400	1,790,079	1,567,285	1,290,550	1,501,573	1,293,982	1,264,661	1,336,463	1,099,305	1,245,803	1,086,926	880,007	719,545	448,845	693,278	657,081	580,591	576,206	530,475	528,842	459,190	427,993	400,142	496,623	505,972	484,395	470,200	412,000	429,900	357,100	304,500	71,600
Treasury Stock	0	0	-493,400	-488,108	-485,963	-485,963	-480,875	-479,215	-457,702	-435,752	-430,341	-426,452	-410,717	-407,663	-407,663	-407,663	-353,325	-332,577	-332,577	-332,577	-332,577	-332,577	-357,959	-357,959	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31
Accounts Payable	0	586,600	597,800	0	585,100	481,900	490,500	475,700	425,900	440,100	433,600	452,500	438,754	454,516	444,558	438,403	442,854	412,272	398,339	393,549	396,714	384,636	379,833	358,317	347,749	341,784	0	0	329,888	0	0	0	323,720	0	0	0	325,784	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	326,661	0	0	0	350,761	0	0	0	342,445	480,170	357,002	354,616	350,501	337,977	320,741	314,917	326,575	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-314,000	-409,900	-359,600	-347,400	-399,400	-406,900	-230,600	9,800	280,500	295,700	321,000	232,400	355,120	317,430	268,362	125,912	219,681	254,196	190,892	198,654	84,756	62,741	112,379	164,823	286,960	243,901	231,693	186,454	163,921	325,497	317,859	232,863	163,373	213,665	210,833	322,179	284,601	258,231	269,779	199,622	122,214	145,240	181,536	358,755	367,089	379,959	318,402	264,563	249,128	244,009	139,742	92,832	96,582	205,399	121,736	60,835	10,723	38,957	-110,227	-210,487	-193,587	-159,434	-64,841	-37,508	-5,838	-24,050	-38,127	8,138	7,614	-7,263	-69,913	-31,572	14,145	30,045	77,202	29,889	70,880	65,228	6,089	93,208	64,356	85,300	123,495	74,141	63,302	56,954	6,367	-18,345	14,898	39,554	7,539	23,500	-4,975	-32,279	-47,167	-38,353	-40,016	0	0	0	57,327	0	0	0	62,167	0	0	0	29,736	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	100	100	100	100	100	100	100	100	100	100	100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	508,500	505,700	503,100	502,600	500,400	498,100	496,600	495,300	492,900	490,700	489,200	488,367	486,763	483,754	481,917	480,962	478,650	476,353	474,336	475,109	473,596	470,652	466,277	464,246	462,068	459,317	454,982	453,479	450,759	447,504	444,911	442,648	439,190	437,837	435,079	422,232	420,720	417,992	413,461	407,056	400,081	396,258	390,231	383,135	380,071	378,017	376,250	373,384	372,924	372,514	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	29,700	33,700	22,200	26,600	42,800	35,200	49,200	48,300	133,000	38,900	28,300	38,300	22,323	64,778	81,709	40,655	25,508	39,349	7,616	7,281	11,906	6,431	8,247	23,951	7,627	6,692	16,006	6,593	16,670	53,616	50,432	50,454	15,509	49,915	46,013	43,931	11,675	41,192	44,703	34,915	18,189	45,773	37,881	49,896	15,181	41,920	31,495	35,383	7,452	40,757	38,321	37,135	5,928	41,074	15,506	18,370	7,848	16,770	24,195	12,359	9,204	15,389	11,028	8,856	13,209	8,293	9,094	6,535	13,438	0	0	0	177	0	0	0	184	24,245	21,509	31,115	19,773	47,803	38,524	30,908	60,162	10,028	20,858	33,321	33,939	23,516	18,631	18,145	21,141	21,498	30,628	18,958	22,848	19,000	19,000	16,000	12,044	13,000	11,000	10,000	353	14,000	8,000	6,000	13,704	12,000	14,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	551,900	650,200	5,532,200	5,667,700	5,547,100	5,561,900	6,039,900	6,372,700	6,722,500	6,802,500	6,884,400	6,706,200	6,713,908	6,686,373	6,479,989	6,165,535	6,179,160	6,417,728	6,075,717	8,234,625	7,934,067	7,921,509	7,967,292	8,248,613	8,359,975	8,343,828	8,253,943	8,130,878	8,016,042	8,222,768	8,121,390	7,875,071	7,663,539	7,591,107	7,431,118	7,665,143	7,415,142	7,347,663	7,134,383	6,836,195	6,557,662	6,386,525	6,335,219	6,475,995	6,307,278	395,424	248,351	264,987	236,354	290,559	198,125	248,762	339,958	339,185	347,348	319,582	422,929	533,522	525,058	490,561	364,129	291,014	261,004	314,674	233,910	340,447	552,321	358,271	313,160	391,484	473,591	366,183	192,995	370,356	301,088	255,183	142	471,159	364,915	31,115	19,773	47,803	434,271	30,908	60,162	10,028	20,858	33,321	33,939	23,516	18,631	18,145	21,141	21,498	30,628	18,958	22,848	19,000	19,000	16,000	99,436	13,000	11,000	10,000	353	14,000	8,000	6,000	13,704	12,000	14,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock	100	100	100	100	100	100	100	100	100	100	100	100	66	66	66	66	66	66	66	66	66	66	66	66	65	65	65	65	65	65	65	65	65	65	65	64	64	64	64	64	64	63	63	63	62	62	62	62	62	62	62	62	61	61	61	61	61	61	61	61	61	61	61	61	61	61	61	61	61	61	61	61	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	59	0	0	0	59	0	0	0	59	0	0	0	29	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock Shares Outstanding	41,500	41,400	41,400	41,400	41,600	41,600	41,800	42,100	42,200	42,200	42,100	42,100	42,200	42,100	42,000	42,000	42,100	42,000	41,900	41,800	41,900	41,900	41,700	41,700	41,700	41,600	41,500	41,300	41,500	41,300	41,300	41,500	42,100	42,300	42,400	42,300	42,400	42,300	42,300	42,300	42,200	41,700	41,400	41,100	41,300	41,100	41,300	41,500	39,773	41,500	39,900	41,699	39,749	41,100	40,900	40,900	39,200	40,600	40,500	40,385	39,164	39,062	41,225	42,146	41,055	44,268	44,924	45,396	43,118	45,002	45,250	47,814	42,987	43,686	47,832	47,643	42,865	42,773	47,311	47,277	42,722	42,933	42,901	42,869	42,700	41,025	41,294	41,231	40,780	40,977	40,874	40,747	40,524	40,708	41,085	41,325	41,156	41,647	41,663	42,319	41,806	43,413	44,225	44,961	44,716	90,340	92,384	94,660	47,330	93,748	93,796	93,696	45,714	46,778	46,746	44,922	58,667	57,916	57,916	57,916	57,813	64,400	57,896	57,896	56,250	57,890	57,890	57,890	4,583	9,167	9,107	9,250	4,375	8,750	8,571	9,091
Common Stock Total Equity	0	0	100	100	0	100	100	100	100	100	100	100	66	66	66	66	66	66	66	66	66	66	66	66	65	65	65	65	65	65	65	65	65	65	65	64	64	64	64	64	64	63	63	63	62	62	62	62	62	62	62	62	61	61	61	61	61	61	61	61	61	61	61	61	61	61	61	61	61	61	61	61	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	60	59	0	0	0	59	0	0	59	59	0	0	0	29	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Current Deferred Revenue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	54,300	54,300	54,300	54,300	54,300	56,300	56,300	56,300	43,500	43,500	43,500	43,500	43,454	49,079	49,079	49,079	49,079	48,744	29,458	57,483	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	0	0	0	49,014	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	156,900	174,000	177,700	181,500	185,200	192,200	196,400	200,600	145,400	148,700	151,900	155,200	158,460	166,287	169,845	173,531	177,217	181,145	295,241	291,631	298,742	305,350	292,608	280,165	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	47,396	48,946	50,176	51,455	52,776	54,164	55,459	56,590	57,919	59,948	61,453	62,530	63,718	65,034	65,983	67,487	68,918	71,032	72,773	73,174	74,655	74,641	76,409	77,790	79,341	80,503	83,193	85,036	85,789	85,357	88,232	0	92,260	94,442	96,566	98,702	102,100	96,000	97,600	0	101,100	102,400	104,200	106,100	108,000	110,600	113,200	115,900	118,600	121,300	124,100	127,200	129,800	132,700	135,600	138,600	141,500	144,500	147,500	150,700	131,900	135,100	138,400	141,600	154,700	164,000	166,600	171,100	177,200	183,200	187,300	191,300	195,000	188,500	191,800	196,500
Inventory	-1,032,400	3,150,900	-1,481,000	-1,502,400	-795,100	-1,488,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	11,676,400	13,412,500	13,671,900	13,653,900	13,310,500	13,314,100	13,758,500	14,427,400	14,383,900	14,265,000	14,190,100	13,745,500	13,471,813	13,003,388	12,571,704	11,972,155	12,478,704	12,332,545	11,779,407	11,561,080	11,031,896	11,280,765	11,156,214	11,068,542	11,198,340	11,044,348	10,876,135	10,779,505	10,576,824	10,691,077	10,466,302	10,231,387	10,059,343	9,903,499	9,969,540	10,074,419	9,768,527	9,642,964	9,446,175	9,083,452	8,826,672	8,522,731	8,355,778	8,457,354	8,167,726	8,122,176	7,823,954	7,697,700	7,483,737	7,336,698	7,208,047	7,174,001	7,005,541	6,984,476	6,669,383	6,597,196	6,343,113	6,292,099	5,828,171	5,526,333	5,507,718	5,787,444	6,053,009	6,080,290	6,259,313	6,295,316	6,476,516	6,470,674	6,329,687	6,277,541	6,003,423	6,028,235	5,840,607	6,027,142	5,824,180	5,577,513	5,371,902	5,752,959	5,420,070	5,518,972	4,972,988	5,296,366	5,151,137	4,907,798	4,512,289	4,842,096	4,856,799	4,859,417	4,489,026	4,627,615	4,627,877	4,513,895	4,420,580	4,346,020	4,280,650	4,232,919	4,253,846	4,224,900	4,327,800	4,402,600	4,395,260	4,280,400	4,298,300	4,358,400	4,131,335	4,111,700	3,968,400	3,859,800	3,860,449	3,746,300	3,676,500	3,655,800	3,662,300	3,556,800	3,512,200	3,413,300	3,285,500	3,301,000	3,287,000	3,273,200	3,147,600	3,092,900	3,048,700	2,987,600	2,889,500	2,871,800	2,819,200	2,758,000	2,695,400	2,676,700	2,620,500	2,589,800	2,538,200	2,471,300	2,445,600	2,413,000
Long Term Debt	546,000	546,100	249,100	249,000	249,000	248,900	248,800	253,700	253,600	253,600	278,500	302,400	302,323	302,247	302,172	298,098	298,025	297,953	297,881	297,810	297,740	297,671	297,603	297,536	297,469	247,403	247,337	247,273	247,209	247,146	247,083	247,022	249,346	124,979	124,969	199,955	199,939	199,923	199,907	199,890	199,874	199,858	199,842	199,825	199,809	199,793	199,777	199,760	199,744	199,728	199,712	199,696	199,679	199,663	199,647	199,631	199,614	199,598	199,582	199,566	199,549	199,533	199,517	199,501	199,485	199,468	199,452	231,999	231,982	231,966	241,450	119,532	190,886	190,879	190,872	144,724	144,720	144,715	144,711	144,707	144,703	144,697	144,693	144,689	144,685	187,686	212,821	99,779	99,767	99,755	99,743	99,732	99,721	99,710	99,699	99,688	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Debt Total	0	546,100	249,100	249,000	498,000	248,900	248,800	253,700	253,600	253,600	278,500	302,400	302,323	302,247	302,172	298,098	298,025	297,953	297,881	297,810	297,740	297,671	297,603	297,536	297,469	247,403	247,337	247,273	247,209	247,146	247,083	247,022	249,346	124,979	124,969	199,955	199,939	199,923	199,907	199,890	199,874	199,858	199,842	199,825	199,809	199,793	199,777	199,760	199,744	199,728	199,712	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	6,689,100	6,519,400	6,669,600	6,785,300	6,587,600	6,638,000	6,936,400	7,253,100	7,449,500	7,531,300	7,587,500	7,313,100	7,262,234	7,142,085	6,880,810	6,601,231	6,639,233	6,732,990	6,419,616	8,557,778	8,250,677	8,241,971	8,232,832	8,224,662	8,352,348	8,337,136	8,237,937	8,124,285	7,999,372	8,169,152	8,070,958	7,824,617	7,648,030	7,541,192	7,385,105	7,621,212	7,403,467	7,306,471	7,089,680	6,801,280	6,539,473	6,340,752	6,297,338	6,426,099	6,292,097	6,174,767	5,949,617	5,757,477	5,677,508	5,579,897	5,249,739	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	516,300	512,400	475,900	471,400	455,200	462,600	448,600	454,400	369,600	349,700	385,200	399,100	415,000	372,422	355,463	392,443	407,517	393,604	290,265	290,529	285,834	291,240	289,356	273,585	289,842	240,711	231,331	240,680	230,539	193,530	196,651	196,568	233,837	188,064	191,956	194,024	226,264	196,731	193,204	202,975	219,685	192,085	199,961	187,929	222,628	195,873	206,282	202,417	230,292	196,971	199,391	200,561	231,751	196,589	222,141	219,261	229,766	220,828	213,387	225,207	228,345	184,144	188,489	190,645	186,276	191,175	190,358	225,464	218,544	231,966	241,450	186,532	190,709	190,879	190,872	169,724	169,536	145,470	148,202	138,592	149,930	96,894	106,169	113,781	84,523	177,658	191,963	119,458	118,828	125,239	130,112	130,587	127,580	127,212	118,071	129,730	125,829	129,700	129,700	134,600	137,593	131,600	133,600	131,600	141,246	127,600	133,600	127,600	119,860	138,200	144,100	167,100	175,600	202,000	240,000	100,000	100,600	120,000	150,200	151,100	111,700	111,700	119,700	128,700	128,700	161,700	145,800	143,900	143,900	380,000	375,400	387,000	366,700	373,300	363,200	375,100
Net Invested Capital	1,721,300	1,597,400	1,600,000	1,637,200	1,586,200	1,574,400	1,757,900	2,039,500	2,310,000	2,185,000	2,230,100	2,130,300	2,227,402	2,152,878	2,076,983	1,910,718	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	480,500	441,100	453,600	467,600	506,200	497,500	497,600	510,900	2,481,500	2,477,900	2,456,800	2,442,200	2,420,926	2,402,539	2,373,267	2,356,253	2,346,166	2,342,305	2,315,330	0	20,793	0	0	0	16,266	0	0	0	3,832	0	0	0	0	0	0	0	1,195	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	103,481	101,427	105,006	98,581	102,624	107,590	107,535	98,093	99,968	103,141	106,954	96,927	103,046	104,530	105,819	95,982	0	0	0	96,620	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	102,661	0	0	0	0	0	0	0	0	64,500	55,200	55,900	51,100	52,100	39,900	41,700	41,500	43,200	35,900	40,600	40,900	0	0	37,600	38,500	0	0	32,400	33,800	0	0	0	0	0	0	0
Net Tangible Assets	0	823,000	869,900	903,400	1,020,500	1,190,000	1,466,800	1,279,900	1,742,100	1,604,200	1,638,600	1,494,200	1,588,165	1,500,312	1,420,887	1,255,010	1,340,989	1,518,337	1,470,219	1,366,231	1,243,154	1,256,860	1,303,045	1,357,283	1,454,177	1,343,045	1,314,734	1,274,422	1,246,586	1,396,688	1,369,939	1,288,591	1,217,265	1,259,782	1,259,276	1,362,375	1,289,067	1,240,933	1,235,747	1,150,437	1,051,909	1,041,911	1,058,941	1,214,287	1,198,407	1,185,022	1,096,142	1,041,368	1,039,530	1,008,126	884,861	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	2,745,100	6,925,200	4,986,000	5,128,400	5,803,700	5,059,300	5,489,100	6,634,600	6,473,500	6,417,200	6,449,400	-96,000	-134	-69,525	-10,547,331	-10,155,190	-10,613,393	-10,416,631	-9,974,233	-9,832,275	-9,443,605	-9,672,569	-9,499,753	-9,342,049	-9,399,999	-9,400,308	-9,250,994	-2,618,000	-9,035,999	-8,999,946	41,630,000	41,806,000	-8,544,999	41,444,000	37,475,000	35,466,000	-8,220,325	33,037,000	36,740,000	27,229,000	-7,508,811	38,540,000	30,832,000	42,900,000	-6,706,819	35,230,000	25,015,000	28,975,000	-6,172,548	34,676,000	32,245,000	31,061,000	-5,910,072	-5,810,959	-5,595,984	-5,618,982	-5,416,152	-5,363,983	-5,065,976	7,477,000	-4,849,796	10,263,000	5,766,000	3,618,000	-5,353,791	2,878,000	3,469,000	974,000	-5,427,562	801,145	732,027	626,839	724,206	728,746	777,784	655,117	673,500	-5,061,976	-4,771,978	-4,765,885	-4,258,227	-4,571,197	-3,885,109	-4,188,092	-3,777,838	-4,156,972	-4,183,142	-4,287,679	-3,896,061	-4,020,484	-4,065,369	-3,926,855	-3,871,859	-3,805,502	-3,749,372	-3,705,042	-3,731,152	-3,697,000	-3,775,000	-3,813,000	-3,596,903	-3,658,000	-3,701,000	-3,740,000	-3,524,647	-3,501,000	-3,394,000	-3,286,000	-3,262,296	-3,118,500	-3,079,800	-11,100	-23,900	-49,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Assets Total	10,846,200	228,300	232,000	235,800	6,896,400	248,500	252,700	7,510,000	7,704,400	192,200	195,400	198,000	201,914	215,366	5,608,504	5,329,677	5,813,963	5,560,206	6,237,521	3,755,795	3,504,672	3,745,195	3,672,402	3,409,909	3,466,638	3,407,022	2,622,192	3,262,162	3,103,446	3,143,408	-39,965,698	-40,222,613	2,952,494	-40,011,501	-36,043,460	-33,856,581	2,863,762	-31,549,036	-35,256,825	-25,831,548	2,269,010	-37,250,269	-29,525,222	-41,438,646	1,860,448	-33,797,824	-23,671,046	-27,685,969	1,798,777	-33,420,302	-31,112,953	-29,960,999	47,396	47,396	47,396	47,396	47,396	47,396	47,396	-6,832,667	47,401	-9,601,556	-4,974,991	-2,775,710	47,401	-1,997,684	-2,617,484	-64,326	47,402	47,396	47,396	47,396	47,401	47,396	47,396	47,396	47,402	47,396	47,396	3,386,365	3,306,070	3,217,470	3,635,760	3,119,933	3,038,591	2,942,945	2,761,871	2,724,125	2,855,656	2,850,498	2,784,236	2,685,325	2,699,998	2,624,202	2,603,630	2,594,415	2,609,380	96,000	97,600	0	2,839,871	102,400	104,200	106,100	2,746,794	110,600	113,200	115,900	2,777,112	121,300	124,100	127,200	129,800	132,700	135,600	138,600	141,500	144,500	147,500	150,700	131,900	0	0	141,600	154,700	0	0	171,100	177,200	0	0	0	0	0	0	0
Non Current Liabilities Other	0	0	12,071,900	12,016,700	0	11,739,600	12,000,600	12,387,900	12,073,900	12,080,000	11,960,000	11,615,200	11,244,411	10,850,463	10,494,721	10,061,437	10,478,394	10,320,980	9,981,849	9,839,556	5,711,193	9,678,838	9,508,170	9,366,327	5,573,735	9,406,504	9,266,668	9,210,414	9,035,633	8,999,847	8,801,884	8,648,378	8,545,336	8,358,342	8,424,899	8,426,693	8,194,125	8,116,712	7,925,125	7,647,729	7,489,493	7,195,566	7,011,599	6,957,846	6,684,114	6,651,965	6,442,639	6,370,507	6,159,067	6,043,448	6,038,078	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	12,416,000	546,100	7,568,400	7,596,100	249,000	7,567,500	248,800	253,700	253,600	253,600	278,500	302,000	302	302,247	302,172	298,098	298,025	297,953	297,881	297,810	297,740	298,000	298,000	298,000	297,000	247,000	247,000	247,000	247,000	247,000	247,000	247,000	247,000	125,000	125,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	199,000	199,000	199,000	232,000	232,000	232,000	241,000	120,000	191,000	191,000	191,000	145,000	145,000	145,000	145,000	145,000	145,000	145,000	145,000	145,000	145,000	188,000	213,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,100	100,600	100,000	240,000	100,000	100,600	120,000	150,200	151,100	111,700	111,700	119,700	128,700	128,700	161,700	145,800	143,900	143,900	377,000	372,400	384,000	363,700	370,300	360,200	372,100
Non Currrent Assets Other	9,251,800	-6,519,400	-6,669,600	-6,785,300	-135,300	-6,638,000	-6,936,400	-7,510,000	-1,210,000	-7,531,300	-7,587,500	-7,313,800	-7,326,951	-7,142,085	-1,491,230	-1,494,164	-1,111,691	-1,402,673	-211,553	-4,859,466	-4,834,377	-4,544,172	-4,607,826	-4,862,149	-4,972,047	-4,977,510	-5,663,141	-4,909,519	-4,975,510	-5,073,140	-48,084,052	-48,094,626	-4,768,572	-47,600,089	-43,475,961	-41,525,189	-4,618,130	-38,902,903	-42,393,901	-32,680,224	-4,352,794	-43,638,417	-35,869,956	-47,912,141	-4,516,039	-40,019,987	-29,668,059	-33,490,842	-3,926,127	-39,047,595	-36,410,088	-35,178,870	-5,073,623	-5,116,634	-4,873,987	-4,764,295	-4,574,624	-4,590,829	-4,206,938	-10,777,955	-3,901,750	-13,564,588	-9,165,849	-6,979,275	-4,180,245	-6,220,150	-7,036,782	-4,366,364	-4,119,898	-4,197,838	-4,133,770	-4,032,234	-3,896,292	-4,071,032	-3,986,697	-3,786,739	-3,541,391	-3,935,971	-3,661,083	-3,386,365	-3,306,070	-3,217,470	-3,635,760	-3,119,933	-3,038,591	-2,942,945	-2,761,871	-2,724,125	-2,855,656	-2,850,498	-2,784,236	-2,685,325	-2,699,998	-2,624,202	-2,603,630	-2,594,415	-2,609,380	-96,000	-97,600	0	-2,839,871	-102,400	-104,200	-106,100	-2,746,794	-110,600	-113,200	-115,900	-2,777,112	-121,300	-124,100	-127,200	-129,800	-132,700	-135,600	-138,600	-141,500	-144,500	-147,500	-150,700	-131,900	-135,100	-138,400	-141,600	-154,700	-164,000	-166,600	-171,100	-177,200	-183,200	-187,300	-191,300	-195,000	-188,500	-191,800	-196,500
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	8,188,100	8,204,900	8,040,700	361,400	7,757,300	7,767,700	33,800	-43,000	7,520,600	7,410,300	13,508,500	13,269,898	12,722,547	6,880,810	6,601,231	6,664,740	6,732,990	5,534,270	7,798,004	7,527,223	7,529,139	7,475,565	7,634,682	7,731,701	7,630,634	8,237,937	924,343	7,473,377	7,547,615	9,992,677	9,704,430	7,106,848	9,529,136	9,593,874	9,564,060	6,893,090	9,151,244	9,033,612	8,695,002	6,539,473	8,110,772	7,955,962	8,113,209	6,292,097	7,677,988	7,507,424	669	5,677,508	6,971,891	6,945,527	6,881,650	6,952,217	6,937,039	6,621,971	6,549,782	6,287,869	6,244,686	5,780,751	5,027,419	5,451,113	5,369,890	5,619,882	5,609,488	6,198,703	5,936,179	5,860,432	5,831,575	6,268,847	6,170,006	5,905,330	5,928,267	5,714,886	5,920,188	5,727,253	5,474,467	5,245,808	5,705,539	5,372,652	2,101,492	1,647,145	2,031,093	984,486	1,756,957	1,413,536	1,889,123	2,074,070	2,101,971	1,599,431	1,753,601	1,825,010	1,810,425	1,699,441	1,700,320	1,646,392	1,619,546	1,621,618	4,109,900	4,211,200	4,402,600	1,353,292	4,165,000	4,183,100	4,242,300	1,384,188	3,987,100	3,847,200	3,737,900	1,069,633	3,548,500	3,483,200	3,472,700	3,481,400	3,372,000	3,336,700	3,233,000	3,102,500	3,113,300	3,103,600	3,081,900	2,974,800	3,092,900	3,048,700	2,808,400	2,696,300	2,871,800	2,819,200	2,554,500	2,484,400	2,676,700	2,620,500	2,589,800	2,538,200	2,471,300	2,445,600	2,413,000
Other Current Assets	830,200	753,900	730,200	744,500	794,500	737,700	-799,400	3,003,500	2,612,500	2,479,200	-6,855,400	-6,667,200	-6,713,907	-6,620,898	-6,397,599	-6,124,288	-6,179,159	-6,378,379	-6,068,101	-8,227,344	-7,934,066	-7,915,078	-7,959,045	-8,224,662	-8,359,974	-8,337,136	-8,237,937	-1,537,878	-8,016,041	-8,222,714	42,310,610	42,578,929	-7,663,538	42,323,893	38,581,882	36,265,857	-7,403,467	33,844,337	37,568,617	28,078,805	-6,539,473	39,386,475	31,545,781	43,420,005	-6,292,097	41,524,576	31,246,649	35,118,013	-228,902	40,466,441	38,122,875	36,886,238	-334,030	-339,144	-347,332	-319,564	-415,081	-533,505	-525,034	11,868,439	-354,925	15,097,986	10,766,996	8,437,845	-322,128	7,847,547	8,443,098	6,074,105	-407,312	5,731,126	5,384,343	5,514,688	5,497,070	5,502,436	5,378,769	5,171,888	5,219,828	-576,954	-460,875	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Liab	-1,914,900	-1,929,100	272,500	0	-249,000	356,800	346,100	345,000	374,700	370,400	362,900	360,600	-134,865	382,333	10,494,721	10,061,437	10,478,394	10,320,980	9,981,849	9,839,556	9,443,606	9,679,000	9,508,000	9,366,000	9,400,000	9,407,000	9,267,000	9,211,000	9,036,000	9,000,000	8,802,000	8,648,000	8,545,000	8,358,000	8,425,000	8,427,000	8,194,000	8,117,000	7,925,000	7,648,000	7,489,000	7,195,000	7,011,000	6,958,000	6,684,000	6,652,000	6,442,000	6,370,000	6,142,000	6,043,000	6,038,000	6,036,000	5,878,000	5,773,000	5,558,000	5,581,000	5,386,000	5,326,000	5,028,000	4,844,000	4,821,000	5,126,000	5,262,000	5,238,000	5,367,000	5,415,000	5,625,000	5,561,000	5,441,000	5,429,000	5,224,000	5,287,000	5,069,000	5,251,000	4,999,000	4,850,000	4,626,000	5,037,000	4,747,000	4,772,000	4,253,000	4,619,000	4,416,000	4,219,000	3,838,000	4,167,000	4,204,000	4,268,000	3,877,000	3,995,000	4,035,000	3,896,000	3,844,000	3,778,000	3,731,000	3,675,000	3,705,000	3,667,000	3,745,000	3,778,000	3,749,000	3,626,000	3,667,000	3,708,000	3,483,000	3,473,000	3,360,000	3,258,000	3,242,000	3,145,000	3,091,000	-67,000	-75,000	-102,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-3,000	-3,000	-3,000	-3,000	-3,000	-3,000	-3,000
Other Liab	0	10,931,900	11,201,400	0	10,038,300	10,900,900	11,164,000	11,567,200	10,480,800	11,269,500	11,163,500	10,802,100	9,813,847	10,013,614	9,682,125	9,266,242	9,134,531	9,504,473	9,204,354	9,072,747	8,064,851	8,925,493	8,779,491	8,661,431	9,241,523	9,406,504	9,266,668	9,210,414	8,829,934	8,999,847	8,801,884	8,648,378	8,343,128	8,358,342	8,424,899	8,426,693	7,932,341	8,116,712	7,785,166	7,598,484	7,300,416	7,195,566	7,011,599	6,957,846	6,392,813	6,651,965	6,442,639	6,370,507	5,937,645	6,043,448	6,038,078	6,036,105	5,756,779	5,772,918	5,558,176	5,581,329	5,318,313	5,325,941	5,028,750	4,844,056	4,821,324	5,126,081	5,262,390	5,238,079	5,321,008	5,414,933	5,624,547	5,561,252	5,071,032	5,429,189	5,223,392	5,287,703	4,718,369	5,251,476	4,998,880	4,849,904	4,283,531	4,557,177	4,389,962	4,418,101	3,922,309	4,280,843	4,095,754	3,904,684	3,512,187	4,167,153	4,204,436	4,268,050	3,877,069	3,995,521	4,034,884	3,896,401	3,843,866	3,778,380	3,731,516	3,675,501	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Stockholder Equity	-13,000	-425,300	-376,800	-18,700	-14,800	-17,000	-9,300	1,000	1,900	3,100	1,100	-400	259	-1,345	-4,354	-6,191	-5,001	-7,313	-9,610	-11,627	-10,854	-7,365	-10,309	-14,604	-16,629	-18,807	-19,898	-24,233	-25,736	-28,456	-31,711	-27,257	-15,054	-12,337	1,369	-1,389	-13,520	-15,032	-16,216	-20,747	-23,285	-30,260	-34,078	-38,064	-43,317	-44,286	-44,655	-37,804	-37,333	-35,746	-36,156	-37,660	-40,215	-44,535	-45,645	-60,349	-49,582	-49,880	-50,267	-50,660	-52,121	-52,454	-52,787	-28,247	516	19,820	19,235	16,446	15,296	13,559	13,127	13,127	12,674	12,500	11,369	11,127	10,601	9,772	9,269	9,747	9,729	9,729	9,879	10,386	10,172	41,144	-9,362	-33,898	-2,009	22,619	-11,688	3,637	-24,691	-51,783	-62,364	-48,715	-48,940	-22,400	-6,500	32,900	76,290	107,100	105,700	139,900	156,639	168,800	153,600	172,300	205,697	185,300	175,300	193,800	245,800	209,700	188,800	301,700	252,700	277,300	295,700	329,000	325,100	324,700	323,900	323,300	322,600	323,100	322,500	322,600	322,300	72,700	72,700	72,700	72,500	72,600	72,600	72,500
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	0	0	0	0	0	0	0	0	0	0	0	0	64,717	0	0	60,125	60,125	0	0	40,976	40,976	0	0	38,941	38,941	0	0	32,188	32,188	0	0	0	25,640	0	0	31,029	31,029	0	0	34,935	34,935	0	0	0	36,994	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Net	68,600	0	0	0	69,300	0	0	0	66,000	0	0	0	64,717	0	0	0	60,125	0	0	0	40,976	0	0	0	38,941	0	0	0	32,188	0	0	0	25,640	0	0	0	31,029	0	0	0	34,935	0	0	0	36,994	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant Equipment	0	0	0	0	11,600	0	0	0	75,000	0	0	0	77,268	0	0	0	76,608	17,527	12,692	13,229	40,976	0	0	0	38,941	0	0	0	32,188	0	0	0	25,640	0	0	0	31,029	0	0	0	34,935	0	0	0	36,994	0	0	0	39,700	0	0	0	41,713	0	0	0	45,672	0	0	0	45,635	0	0	0	37,727	0	0	0	32,658	0	0	0	22,580	0	0	0	21,564	0	0	0	25,547	0	0	0	29,934	0	0	0	29,535	0	0	0	29,627	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	1,502,200	1,476,500	1,478,600	1,505,200	1,512,400	1,500,400	1,499,900	1,525,900	1,524,900	1,497,500	1,494,400	1,460,800	1,434,634	1,399,527	1,375,737	1,357,833	1,352,539	1,331,663	1,318,329	1,236,621	1,216,582	1,248,814	1,248,305	1,254,394	1,231,177	1,165,282	1,150,270	1,159,532	1,155,732	1,146,978	1,131,122	1,130,316	1,116,277	1,105,785	1,094,405	1,088,917	1,065,318	1,045,066	1,029,516	1,018,894	1,000,312	974,264	958,816	940,929	921,969	896,683	869,729	861,943	875,069	847,197	828,609	844,966	823,579	812,970	797,408	777,689	758,343	739,422	722,272	705,797	694,492	673,657	708,669	708,404	698,539	685,084	671,348	652,778	634,110	610,029	595,306	572,384	553,712	542,182	545,797	516,809	494,665	470,837	487,977	473,533	456,330	437,760	456,515	458,921	455,308	446,053	448,844	472,426	461,139	460,660	455,878	465,065	452,624	470,653	462,739	457,385	449,023	430,800	440,100	440,100	420,274	401,900	380,400	368,200	349,274	327,600	312,600	294,900	278,669	265,500	251,700	237,200	224,400	205,000	188,000	173,800	159,300	144,100	128,600	114,800	104,800	86,900	70,100	52,100	34,500	21,700	14,100	300	-17,800	13,500	7,900	2,800	-900	-2,900	-2,200	-2,500
Retained Earnings Total Equity	0	0	1,478,600	1,505,200	0	1,500,400	1,499,900	1,525,900	1,524,900	1,497,500	1,494,400	1,460,800	1,434,634	1,399,527	1,375,737	1,357,833	1,352,539	1,331,663	1,318,329	1,236,621	1,216,582	1,248,814	1,248,305	1,254,394	1,231,177	1,165,282	1,150,270	1,159,532	1,155,732	1,146,978	1,131,122	1,130,316	1,116,277	1,105,785	1,094,405	1,088,917	1,065,318	1,045,066	1,029,516	1,018,894	1,000,312	974,264	958,816	940,929	921,969	896,683	869,729	861,943	875,069	847,197	828,609	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	0	0	249,000	249,000	249,000	249,000	249,000	249,000	249,000	135,000	135,000	135,000	135,000	135,000	135,000	135,000	135,000	135,000	0	0	0	0	297,603	297,536	872,469	247,403	247,337	247,273	247,209	0	0	0	246,975	0	0	0	74,989	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	546,000	546,100	498,100	498,000	498,000	497,800	497,800	502,700	502,600	388,600	413,500	437,400	437,323	437,200	437,172	433,098	433,025	432,953	297,881	297,810	297,740	297,671	297,603	297,536	297,469	247,403	247,337	247,273	247,209	247,146	247,083	247,022	249,346	237,979	237,969	237,955	237,939	237,923	237,907	237,890	237,874	237,858	237,842	237,825	237,809	237,793	237,777	237,800	237,744	237,728	237,712	237,696	237,679	237,663	237,647	237,631	237,614	237,598	237,582	237,566	237,549	199,533	199,517	199,501	199,485	199,468	199,452	231,999	231,982	231,966	241,450	186,532	190,886	190,879	190,872	169,724	169,720	169,715	169,711	169,707	169,703	144,697	144,693	144,689	144,685	187,686	212,821	152,779	152,767	148,755	148,743	148,732	148,721	148,710	148,699	148,688	148,677	148,700	148,700	150,600	149,637	144,600	144,600	141,600	141,599	141,600	141,600	133,600	133,564	150,200	158,100	167,100	175,600	202,000	240,000	100,000	100,600	120,000	150,200	151,100	111,700	111,700	119,700	128,700	128,700	161,700	145,800	143,900	143,900	380,000	375,400	387,000	366,700	373,300	363,200	375,100
Short Term Debt	0	0	249,000	249,000	249,000	249,000	249,000	249,000	249,000	135,000	135,000	135,000	135,000	135,000	135,000	135,000	135,000	135,000	0	0	0	0	297,603	297,536	872,469	247,403	247,337	247,273	247,209	0	0	0	246,975	113,000	113,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	38,000	0	0	0	0	0	0	0	0	0	0	67,000	0	0	0	25,000	25,000	25,000	25,000	25,000	25,000	0	0	0	0	0	0	53,000	53,000	49,000	49,000	49,000	49,000	49,000	49,000	49,000	49,000	49,000	49,000	51,000	50,000	45,000	45,000	42,000	42,000	42,000	42,000	34,000	34,000	50,000	58,000	67,000	75,000	102,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,000	3,000	3,000	3,000	3,000	3,000	3,000
Short Term Investments	294,100	616,500	5,510,000	5,641,100	5,504,300	5,526,700	5,990,700	6,324,400	6,589,500	6,763,600	6,856,100	6,667,900	6,691,585	6,621,595	6,398,280	6,124,880	6,153,652	6,378,379	6,068,101	8,227,344	7,922,161	7,915,078	7,959,045	8,224,662	8,352,348	8,337,136	8,237,937	8,124,285	7,999,372	8,169,152	8,070,958	7,824,617	7,648,030	7,541,192	7,385,105	7,621,212	7,403,467	7,306,471	7,089,680	6,801,280	6,539,473	6,340,752	6,297,338	6,426,099	6,292,097	353,504	216,856	229,604	228,902	249,802	159,804	211,627	334,030	298,111	331,842	301,212	415,081	516,752	500,863	478,202	354,925	275,625	249,976	305,818	220,701	332,154	543,227	351,736	299,722	391,484	473,591	366,183	192,995	370,356	301,088	255,183	142	446,914	343,406	0	0	0	395,747	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	87,392	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	11,676,400	13,412,500	13,671,900	13,653,900	13,310,500	13,314,100	13,758,500	14,427,400	14,383,900	14,265,000	14,190,100	13,745,500	13,471,813	13,003,388	12,571,704	11,972,155	12,478,704	12,332,545	11,779,407	11,561,080	11,031,896	11,280,765	11,156,214	11,068,542	11,198,340	11,044,348	10,876,135	10,779,505	10,576,824	10,691,077	10,466,302	10,231,387	10,059,343	9,903,499	9,969,540	10,074,419	9,768,527	9,642,964	9,446,175	9,083,452	8,826,672	8,522,731	8,355,778	8,457,354	8,167,726	8,122,176	7,823,954	7,697,700	7,483,737	7,336,698	7,208,047	7,174,001	7,005,541	6,984,476	6,669,383	6,597,196	6,343,113	6,292,099	5,828,171	5,526,333	5,507,718	5,787,444	6,053,009	6,080,290	6,259,313	6,295,316	6,476,516	6,470,674	6,329,687	6,277,541	6,003,423	6,028,235	5,840,607	6,027,142	5,824,180	5,577,513	5,371,902	5,752,959	5,420,070	5,518,972	4,972,988	5,296,366	5,151,137	4,907,798	4,512,289	4,842,096	4,856,799	4,859,417	4,489,026	4,627,615	4,627,877	4,513,895	4,420,580	4,346,020	4,280,650	4,232,919	4,253,846	4,224,900	4,327,800	4,402,600	4,395,260	4,280,400	4,298,300	4,358,400	4,131,335	4,111,700	3,968,400	3,859,800	3,860,449	3,746,300	3,676,500	3,655,800	3,662,300	3,556,800	3,512,200	3,413,300	3,285,500	3,301,000	3,287,000	3,273,200	3,147,600	3,092,900	3,048,700	2,987,600	2,889,500	2,871,800	2,819,200	2,758,000	2,695,400	2,676,700	2,620,500	2,589,800	2,538,200	2,471,300	2,445,600	2,413,000
Total Current Assets	830,200	4,996,100	5,235,000	5,377,400	6,052,700	5,308,300	5,738,100	6,883,600	6,722,500	6,552,200	6,584,400	39,000	1	65,475	82,390	41,247	1	39,349	7,616	7,281	1	6,431	8,247	23,951	1	6,692	16,006	6,593,000	1	54	50,432,000	50,454,000	1	49,915,000	46,013,000	43,931,000	11,675	41,192,000	44,703,000	34,915,000	18,189	45,773,000	37,881,000	49,896,000	15,181	41,920,000	31,495,000	35,383,000	7,452	40,757,000	38,321,000	37,135,000	5,928	41	16	18	7,848	17	24	12,359,000	9,204	15,389,000	11,028,000	8,856,000	13,209	8,293,000	9,094,000	6,535,000	13,438	6,230,145	5,956,027	5,980,839	5,793,206	5,979,746	5,776,784	5,530,117	5,324,500	24	22	31,115	19,773	47,803	530,891	30,908	60,162	10,028	20,858	33,321	33,939	23,516	18,631	18,145	21,141	21,498	30,628	18,958	22,848	19,000	19,000	16,000	202,097	13,000	11,000	10,000	353	14,000	8,000	6,000	13,704	76,500	69,200	55,900	51,100	52,100	39,900	41,700	41,500	43,200	35,900	40,600	40,900	0	0	37,600	38,500	0	0	32,400	33,800	0	0	0	0	0	0	0
Total Current Liabilities	-1,914,900	-1,929,100	249,000	249,000	249,000	249,000	249,000	249,000	249,000	135,000	135,000	135,000	135	135,000	10,629,721	10,196,437	10,613,394	10,455,980	9,981,849	9,839,556	9,443,606	9,679,000	9,508,000	9,366,000	9,400,000	9,407,000	9,267,000	9,211,000	9,036,000	9,000,000	8,802,000	8,648,000	8,545,000	8,471,000	8,538,000	8,465,000	8,232,000	8,155,000	7,963,000	7,686,000	7,527,000	7,233,000	7,049,000	6,996,000	6,722,000	6,690,000	6,480,000	6,408,000	6,180,000	6,081,000	6,076,000	6,074,000	5,916,000	5,811,000	5,596,000	5,619,000	5,424,000	5,364,000	5,066,000	4,882,000	4,859,000	5,126,000	5,262,000	5,238,000	5,367,000	5,415,000	5,625,000	5,561,000	5,441,000	5,429,000	5,224,000	5,354,000	5,069,000	5,251,000	4,999,000	4,875,000	4,651,000	5,062,000	4,772,000	4,797,000	4,278,000	4,619,000	4,416,000	4,219,000	3,838,000	4,167,000	4,204,000	4,321,000	3,930,000	4,044,000	4,084,000	3,945,000	3,893,000	3,827,000	3,780,000	3,724,000	3,754,000	3,716,000	3,794,000	3,829,000	3,799,000	3,671,000	3,712,000	3,750,000	3,525,000	3,515,000	3,402,000	3,292,000	3,276,000	3,195,000	3,149,000	67,000	75,000	102,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,000	3,000	3,000	3,000	3,000	3,000	3,000
Total Liab	10,501,100	546,100	12,570,000	12,514,700	12,212,200	12,237,500	12,498,400	12,890,600	12,576,500	12,468,600	12,373,500	12,052,600	11,681,734	11,287,710	10,931,893	10,494,535	10,911,419	10,753,933	10,279,730	10,137,366	9,741,346	9,976,509	9,805,773	9,663,863	9,696,767	9,653,907	9,514,005	9,457,687	9,282,842	9,246,993	9,048,967	8,895,400	8,794,682	8,596,321	8,662,868	8,664,648	8,432,064	8,354,635	8,163,032	7,885,619	7,727,367	7,433,424	7,249,441	7,195,671	6,921,923	6,889,758	6,680,416	6,608,900	6,396,811	6,281,176	6,275,790	6,273,801	6,125,534	6,010,581	5,795,823	5,818,960	5,623,568	5,563,539	5,266,332	5,081,622	5,058,873	5,325,614	5,461,907	5,437,580	5,566,035	5,614,401	5,823,999	5,793,251	5,672,606	5,661,155	5,464,842	5,474,235	5,260,016	5,442,355	5,189,752	5,019,628	4,795,696	5,207,062	4,916,675	4,942,424	4,442,513	4,763,517	4,561,188	4,364,290	3,983,447	4,354,839	4,417,257	4,420,829	4,029,836	4,144,276	4,183,627	4,045,133	3,992,587	3,927,090	3,880,215	3,824,189	3,853,704	3,816,500	3,894,200	3,929,600	3,898,637	3,771,400	3,812,200	3,850,300	3,625,363	3,615,300	3,502,200	3,392,600	3,376,054	3,295,500	3,249,500	3,224,800	3,192,100	3,142,100	3,135,400	2,937,800	2,873,500	2,879,600	2,862,700	2,829,400	2,717,700	2,681,300	2,654,700	2,612,200	2,532,400	2,527,000	2,482,600	2,435,100	2,390,900	2,590,500	2,539,900	2,514,300	2,466,600	2,401,600	2,375,200	2,343,000
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	1,175,300	1,051,300	1,101,900	1,139,200	1,098,300	1,076,600	1,260,100	1,536,800	1,807,400	1,796,400	1,816,600	1,692,900	1,790,079	1,715,678	1,639,811	1,477,620	1,567,285	1,578,612	1,499,677	1,423,714	1,290,550	1,304,256	1,350,441	1,404,679	1,501,573	1,390,441	1,362,130	1,321,818	1,293,982	1,444,084	1,417,335	1,335,987	1,264,661	1,307,178	1,306,672	1,409,771	1,336,463	1,288,329	1,283,143	1,197,833	1,099,305	1,089,307	1,106,337	1,261,683	1,245,803	1,232,418	1,143,538	1,088,800	1,086,926	1,055,522	932,257	900,200	880,007	973,895	873,560	778,236	719,545	728,560	561,839	444,711	448,845	461,830	591,102	642,710	693,278	680,915	652,517	677,423	657,081	616,386	538,581	554,000	580,591	584,787	634,428	557,885	576,206	545,897	503,395	576,548	530,475	532,849	589,949	543,508	528,842	487,257	439,542	438,588	459,190	483,339	444,250	468,762	427,993	418,930	400,435	408,730	400,142	408,400	433,600	473,000	496,623	509,000	486,100	508,100	505,972	496,400	466,200	467,200	484,395	450,800	427,000	431,000	470,200	414,700	376,800	475,500	412,000	421,400	424,300	443,800	429,900	411,600	394,000	375,400	357,100	344,800	336,600	322,900	304,500	86,200	80,600	75,500	71,600	69,700	70,400	70,000
Treasury Stock	0	0	0	0	0	0	0	-495,600	-493,400	-489,800	-489,600	-489,600	-488,108	-488,108	-488,108	-488,108	-485,963	-485,963	-485,963	-485,963	-485,963	-480,961	-480,961	-480,881	-480,875	-480,875	-479,215	-479,215	-479,215	-479,215	-479,215	-472,168	-457,702	-451,527	-436,468	-436,468	-435,752	-435,752	-434,208	-434,208	-430,341	-430,341	-430,336	-428,295	-426,452	-424,357	-422,672	-414,054	-410,717	-408,670	-408,670	-407,663	-407,663	-407,663	-407,663	-407,663	-407,663	-407,663	-407,663	-407,663	-407,663	-407,663	-407,663	-382,790	-353,325	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-332,577	-357,959	-357,959	-357,959	-357,959	-357,959	-357,959	-357,959	-357,959	-357,959	-353,378	-348,781	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31
Begin Period Cash Flow	42,800	133,700	22,300	25,508	11,906	7,627	16,670	15,509	11,675	18,189	15,181	7,452	5,928	7,848	9,204	13,209	13,438	-45,201	0	19,773	60,162	33,939	21,141	22,848	12,044	353	13,704	9,518	6,000	28,700	13,400	4,900	5,800	5,800
Capital Expenditures	165,800	35,700	2,300	98,456	477,458	187	228,664	6,548	-5,389	-3,906	-2,059	-2,706	-2,013	-3,959	37	7,908	5,069	10,078	1,016	-3,983	-4,387	399	-92	0	0	0	0	0	0	0	0	0	0	0
Cash And Cash Equivalents Changes	0	0	111,400	-3,185	13,602	4,279	-9,043	1,161	3,834	-6,514	3,008	7,729	1,524	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	8,100	126,288	236,575	-156,323	-100,163	-117,048	-116,890	-84,882	-86,538	-79,879	-147,577	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	-13,100	-90,900	111,400	-3,185	13,602	4,279	-9,043	1,161	3,834	-6,514	3,008	7,729	1,524	-1,920	-1,356	-4,005	-229	58,639	76,121	113,152	-40,389	26,223	12,798	-1,707	10,804	11,691	-13,351	4,186	-114,700	-88,000	-31,300	-62,400	-34,900	-16,000
Change In Working Capital	211,900	58,100	65,800	77,462	41,672	-44,308	-363,665	-490,297	-324,885	-711,639	-801,992	-517,271	98,324	92,343	123,374	84,400	181,991	149,065	164,446	226,443	275,803	193,940	216,681	226,933	149,600	129,100	111,800	122,800	141,900	164,000	378,400	249,400	252,800	0
Change Receivables	0	0	-700	7,512	63,833	0	0	0	0	0	0	-18,124	-11,581	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	0	0	-1,500	9,065	16,975	-10,026	-12,917	-11,496	-8,641	-3,638	0	0	-1,263	-2,797	-3,245	-2,717	5,854	-3,796	3,648	-2,404	634	21,936	-7,160	-7,357	11,400	-2,300	4,100	-14,400	-9,700	-600	517,600	-4,600	466,100	0
Change To Inventory	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,437,882	5,496,119	-655,834	-567,013	4,425,667	3,918,575	4,032,138	4,003,755	3,815,800	3,855,500	3,570,900	3,338,600	0	0	0	0	0	0
Change To Liabilities	0	0	46,900	69,889	-96,802	0	0	0	0	1,513	1,157	13,589	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	88,400	-10,600	26,037	-95,468	357,211	-8,210	324,466	323,933	306,815	292,474	300,851	275,037	0	23,352	0	19,070	31,813	18,058	10,596	0	0	3,179	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	75,200	57,300	61,666	24,194	183,671	106,259	162,145	127,220	138,281	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	26,200	27,600	18,400	23,417	15,629	7,357	6,615	6,896	7,734	7,958	0	0	8,577	8,318	8,352	13,955	12,778	11,927	10,243	11,046	11,082	12,512	8,300	6,761	-1,000	5,300	10,600	13,100	15,600	19,700	0	20,400	0	0
Dividends Paid	-53,900	52,600	51,400	49,620	47,333	46,689	46,114	44,310	42,523	39,237	32,550	22,541	18,990	14,288	9,635	14,964	18,359	18,310	18,226	17,978	17,953	17,164	17,072	17,240	15,756	14,312	12,971	10,336	8,800	8,400	6,900	5,800	0	0
End Period Cash Flow	29,700	42,800	133,700	22,323	25,508	11,906	7,627	16,670	15,509	11,675	18,189	15,181	7,452	5,928	7,848	9,204	13,209	13,438	0	0	19,773	60,162	33,939	21,141	22,848	12,044	353	13,704	-108,700	-59,300	-17,900	-57,500	-29,100	5,800
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	467,900	207,200	207,200	358,250	-349,885	14	485,250	207,418	40,795	221,933	205,936	202,848	115,879	157,754	178,902	162,852	201,645	185,806	165,166	167,278	117,408	165,467	148,857	124,248	148,146	128,766	104,436	139,214	153,700	158,300	165,500	198,600	168,500	156,800
Investments	-107,400	-214,600	-283,000	-418,818	526,783	-130,307	-228,664	-337,143	-361,941	-596,497	-409,971	-285,896	-405,973	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	-144,100	65,300	11,244	-194,566	21,872	45,252	11,248	9,728	-27,004	20,892	-983	-3,654	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	45,000	-2,600	142,800	133,315	184,443	18,343	169,459	83,765	93,482	104,243	110,893	103,866	70,480	80,862	73,486	10,917	82,788	98,708	77,273	56,313	18,975	11,333	25,587	20,841	44,500	85,300	87,100	73,800	73,900	64,600	77,200	71,800	24,900	2,100
Other Cashflows From Financing Activities	-4,100	182,800	561,900	195,543	182,425	41,667	10,809	184,926	265,756	381,716	431,837	197,955	207,642	158,688	274,158	92,696	-4,211	50,353	65,950	129,538	104,062	47,508	5,062	-82,683	-51,460	-35,351	-82,727	-54,449	50,900	-29,000	-7,400	-169,700	-34,900	6,000
Other Cashflows From Investing Activities	0	-214,600	-19,000	12,061	-470,841	-56,192	-108,657	11,783	-53,908	30,982	-188,355	-68,902	102,966	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	69,900	79,500	-30,500	18,940	-121,509	25,965	194,206	406,532	231,403	607,396	691,099	413,405	-61,502	-23,769	-26,310	53,580	-75,912	-73,894	-86,796	-126,524	-188,452	-43,257	-101,711	-130,287	-44,954	-90,934	-105,064	-70,486	-77,700	-90,000	-255,600	-151,800	-109,200	154,700
Sale Purchase Of Stock	-6,500	-24,000	-5,300	-2,145	1,730	-5,088	-1,660	-21,513	-21,950	-5,411	-3,889	-15,735	80	0	0	-54,338	-20,748	107,568	80,419	0	0	109,654	0	-15,143	-27,519	-76,590	-91,790	100,030	-174,900	0	0	170,900	0	0
Stock Based Compensation	9,500	8,900	8,400	6,660	7,338	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-207,800	-47,800	208,500	143,778	-169,913	-10,110	-36,965	119,103	212,640	337,068	395,398	159,679	188,652	144,400	87,654	23,394	-71,404	58,639	76,121	113,152	86,109	44,658	-8,251	-109,764	-95,373	-140,053	-183,907	-102,302	-114,700	-88,000	-31,300	-62,400	-34,900	-16,000
Total Cash From Operating Activities	302,100	171,500	204,900	259,794	127,573	201	256,586	207,418	40,795	221,933	205,936	202,848	115,879	157,754	178,902	162,852	201,645	185,806	165,166	167,278	117,408	165,467	148,857	124,248	148,146	128,766	104,436	139,214	153,700	158,300	165,500	198,600	168,500	156,800
Total Cashflows From Investing Activities	0	-214,600	-302,000	-406,757	55,942	-186,499	-228,664	-325,360	-415,849	-565,515	-598,326	-354,798	-303,007	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31
Begin Period Cash Flow	34,500	23,100	27,400	42,800	36,200	50,100	49,100	133,700	40,200	29,400	39,400	22,300	65,475	82,390	41,247	25,508	39,349	7,616	7,281	11,906	6,431	8,247	23,951	7,627	6,692	16,006	6,593	16,670	53,616	50,432	50,454	15,509	49,915	46,013	43,931	11,675	41,192	44,703	34,915	18,189	45,773	37,881	49,896	15,181	41,920	31,495	35,383	7,452	40,757	38,321	37,135	5,928	41,074	15,506	18,370	7,848	16,770	24,195	12,359	9,204	15,389	11,028	8,856	13,209	8,293	9,094	6,535	13,438	172	0	0	0	0	0	0	24,245	24,245	21,509	31,115	19,773	47,803	38,524	30,908	60,162	10,028	20,858	33,321	33,939	23,516	18,631	18,145	21,141	21,498	30,628	18,958	22,848	18,700	18,900	15,900	12,000	12,800	11,500	10,200	400	14,200	8,400	5,800	13,700	12,000	13,700	11,400	9,500	0	0	0	6,000	0	0	17,600	28,700	0	0	10,100	13,400	0	800	5,600	4,900	0	0	8,900	5,800	4,700	0	5,800	5,800
Capital Expenditures	85,600	41,000	50,700	95,300	251,100	200	0	217,700	2,300	0	0	239,500	98,456	0	0	139,995	477,458	4,835	-537	-27,747	162,925	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Cash Equivalents Changes	0	0	-4,300	-15,400	0	-13,900	1,000	-84,600	93,500	10,800	-10,000	17,100	-43,152	-16,915	41,143	15,739	-13,841	31,733	335	-4,625	5,475	-1,816	-15,704	16,324	935	-9,314	9,413	-10,077	-36,946	3,184	-22	34,945	-34,406	3,902	2,082	32,256	-29,517	-3,511	9,788	16,726	-27,584	7,892	-12,015	34,715	-26,739	10,425	-3,888	27,931	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	-22,700	5,400	0	-9,800	9,800	-31,000	-96,600	29,100	31,100	44,500	-972	60,020	68,911	-1,671	233,525	44,424	-76,193	34,819	-96,619	-23,835	-12,077	-23,792	-64,674	1,771	-7,210	-30,050	-20,627	-35,696	-50,238	-10,487	-32,206	-16,620	-50,493	-17,571	-17,225	-17,230	-27,517	-22,910	-17,430	-3,843	-30,748	-34,517	-15,321	-13,419	-34,700	-16,439	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	-4,800	11,400	-4,300	-15,400	6,600	-13,900	1,000	-84,600	93,500	10,800	-10,000	17,100	-43,152	-16,915	41,143	15,739	-13,841	31,733	335	-4,625	5,475	-1,816	-15,704	16,324	935	-9,314	9,413	-10,077	-36,946	3,184	-22	34,945	-34,406	3,902	2,082	32,256	-29,517	-3,511	9,788	16,726	-27,584	7,892	-12,015	34,715	-26,739	10,425	-3,888	27,931	-33,305	2,436	1,186	31,207	-35,146	25,568	-2,864	10,522	-8,922	-7,425	11,836	3,155	-6,185	4,361	2,172	-4,353	4,916	-801	2,559	-6,903	13,266	14,481	43,614	-12,722	25,290	12,046	55,843	-17,058	38,902	2,736	-9,606	11,342	-28,030	9,279	7,616	-29,254	50,134	-10,830	-12,463	-618	10,423	4,885	486	-2,996	-357	-9,130	11,670	-3,890	4,148	-200	3,000	3,900	-756	1,300	1,300	9,800	-13,847	5,800	2,600	-7,900	1,704	-1,700	2,300	1,900	-40,200	-32,200	-33,100	-9,200	-31,400	-41,300	-4,200	-11,100	-7,600	-14,300	-6,100	-3,300	-52,400	-11,500	800	700	-23,800	-2,700	-11,500	3,100	-3,800	4,700	-14,900	-2,000
Change In Working Capital	83,600	158,100	52,600	57,300	31,500	-11,900	-19,700	58,200	26,600	29,300	-75,900	85,800	-64,976	58,479	40,919	43,040	-196,762	-442,398	-141,958	-388,670	228,964	-172,816	-157,704	57,950	309	-149,314	-6,632,994	6,417,999	-36,053	-50,629,946	-176,000	50,350,999	-49,988,999	3,969,000	2,009,000	43,686,325	-41,257,325	-3,703,000	9,511,000	34,737,811	-46,048,811	7,708,000	-12,068,000	49,606,819	-41,936,819	10,215,000	-3,960,000	35,147,548	-40,848,548	2,431,000	1,184,000	36,971,072	-99,113	-214,974	22,997	-202,830	-52,169	-298,007	-12,542,976	12,326,796	-15,112,796	4,497,000	2,148,000	8,971,791	-8,231,791	-591,000	2,495,000	6,401,562	-6,228,707	69,118	-59,514	-56,732	331,428	-53,411	-55,381	-58,190	390,294	-55,995	-61,256	-46,600	431,959	-33,326	-53,323	-69,507	361,377	-51,385	-58,834	-57,218	-119,254	111,577	109,383	114,975	-104,836	128,250	91,418	112,101	-184,800	344,100	-210,000	200,300	-200,900	114,800	99,400	115,800	-223,900	115,500	111,300	108,900	-184,000	201,500	8,700	96,600	-137,700	94,000	86,400	99,200	165,600	1,300	-106,100	103,200	483,400	-30,200	-83,200	8,400	353,700	-103,200	-3,200	2,100	0	0	0	0	0	0	0	0
Change Receivables	0	0	14,000	300	0	4,600	13,300	-362,200	12,400	-13,000	2,300	-2,400	5,655	3,222	5,634	-6,999	63,833	0	0	0	0	0	-63	2,492	0	-5,191	-4,841	11,008	0	0	0	5,027	0	0	0	0	0	-2,327	-1,026	-1,464	0	-2,673	641	-2,549	-15,017	255	-16	-3,346	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	0	0	0	0	0	0	0	0	3,500	-8,200	600	2,600	1,732	8,130	-3,258	2,461	-5,031	-5,031	-5,031	-5,031	-10,026	-10,026	-10,026	-10,026	-12,917	-12,917	0	0	-11,496	0	0	0	-8,641	0	0	0	-3,638	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,737	0	0	0	0	0	0	0	5,854	0	0	0	1,804	0	0	0	0	0	0	0	0	0	0	0	1,744	0	0	0	10,968	0	0	0	-486,396	162,778	154,669	161,789	-477,676	159,003	154,401	156,915	-454,500	431,100	-122,400	157,200	-467,900	158,400	150,900	156,300	-458,600	157,200	156,600	148,900	-442,300	282,400	11,400	134,100	-422,300	137,500	139,200	135,900	-113,900	38,200	-64,900	140,000	0	0	0	46,100	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	0	71,000	55,800	0	-8,500	-38,700	450,500	-28,200	39,500	-42,400	78,000	-28,063	59,536	-27,260	65,676	-96,802	0	0	0	0	0	0	0	0	0	0	0	4,378	0	0	0	0	0	0	0	1,513	0	0	0	1,157	0	0	0	13,589	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	8,600	11,700	11,700	35,800	22,800	12,400	20,100	-19,900	-1,300	-19,600	16,200	7,733	-28,502	22,617	24,189	-299,654	64,976	49,226	89,984	80,033	92,429	91,323	93,426	85,032	86,171	93,706	91,840	66,530	84,674	90,676	82,586	79,772	77,787	81,501	84,873	68,696	77,086	83,574	77,459	67,861	72,113	81,017	71,483	82,952	68,662	78,737	70,500	17,937	0	0	0	0	0	0	0	23,352	0	0	0	0	0	0	0	19,070	0	0	0	31,813	0	0	0	18,058	0	0	0	10,596	0	0	0	0	0	0	0	0	0	0	0	3,179	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	-5,400	58,400	58,400	42,600	-12,200	-10,000	54,800	-40,300	41,400	-56,400	77,000	-80,123	84,299	16,833	36,345	24,194	24,194	24,194	24,194	178,733	178,733	178,733	178,733	140,461	140,461	0	0	162,145	0	0	0	127,220	0	0	0	138,281	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	6,700	6,600	6,300	6,600	6,900	12,800	4,100	3,800	1,700	5,600	5,600	5,500	5,870	5,892	6,372	5,283	19,435	4,863	4,863	4,863	7,357	7,357	7,357	7,357	6,615	6,615	0	0	6,896	0	0	0	7,734	0	0	0	7,958	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-488	0	0	0	0	0	0	0	-1,164	0	0	-1,244	-59	0	0	-178	-180	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Dividends Paid	-13,500	13,400	13,500	13,500	13,100	13,100	13,200	13,200	12,800	12,900	12,800	12,900	12,424	12,419	12,394	12,383	11,856	11,847	11,840	11,790	11,673	11,696	11,682	11,638	11,534	11,539	11,523	11,518	11,069	11,067	11,060	11,114	10,548	10,604	10,695	10,676	9,816	9,807	9,830	9,784	8,239	8,151	8,108	8,052	6,540	5,312	5,317	5,372	5,356	4,540	4,540	4,554	4,503	3,266	3,262	3,257	3,249	2,131	2,129	2,126	2,092	4,204	4,277	4,391	4,577	4,586	4,596	4,600	4,574	4,584	4,578	4,574	4,567	4,636	4,519	4,504	4,501	4,496	4,493	4,488	4,489	4,489	4,489	4,486	4,292	4,293	4,295	4,284	4,279	4,275	4,261	4,257	4,255	4,293	4,328	4,364	4,356	7,600	100	3,900	3,912	3,400	3,500	3,500	3,571	3,000	3,200	3,200	2,636	5,100	0	2,600	2,100	2,100	2,000	2,600	2,100	2,100	2,100	2,100	1,700	1,700	1,800	1,700	1,500	1,400	1,500	1,400	0	0	0	0	0	0	0	0
End Period Cash Flow	29,700	34,500	23,100	27,400	42,800	36,200	50,100	49,100	133,700	40,200	29,400	39,400	22,323	65,475	82,390	41,247	25,508	39,349	7,616	7,281	11,906	6,431	8,247	23,951	7,627	6,692	16,006	6,593	16,670	53,616	50,432	50,454	15,509	49,915	46,013	43,931	11,675	41,192	44,703	34,915	18,189	45,773	37,881	49,896	15,181	41,920	31,495	35,383	7,452	40,757	38,321	37,135	5,928	41,074	15,506	18,370	7,848	16,770	24,195	12,359	9,204	15,389	11,028	8,856	13,209	8,293	9,094	6,535	13,438	172	0	0	0	0	0	0	63,147	24,245	21,509	31,115	19,773	47,803	38,524	30,908	60,162	10,028	20,858	33,321	33,939	23,516	18,631	18,145	21,141	21,498	30,628	18,958	22,848	18,700	18,900	15,900	12,044	12,800	11,500	10,200	353	14,200	8,400	5,800	13,704	12,000	13,700	11,400	-40,200	-32,200	-33,100	-3,200	-31,400	-41,300	-4,200	17,600	-7,600	-14,300	-6,100	10,100	-52,400	-11,500	800	5,600	-23,800	-2,700	-11,500	8,900	-3,800	4,700	-14,900	5,800
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	17,300	45,300	67,500	181,700	-195,400	35,600	-15,700	313,400	29,100	61,500	-25,400	381,500	90,426	102,235	78,158	227,426	-349,885	109,400	-26,967	124,803	363,813	66,165	79,183	72,126	256,586	82,751	81,655	72,798	207,418	48,978	35,411	77,126	207,043	61,167	31,008	67,302	221,933	57,529	55,031	53,085	205,936	65,597	50,910	34,417	52,614	55,498	44,021	50,715	39,829	25,399	7,975	42,676	28,890	34,808	50,532	43,524	44,600	41,143	52,956	40,203	29,254	50,527	43,023	40,048	37,406	51,492	46,152	66,595	33,750	45,435	51,898	54,723	-8,057	59,760	52,880	60,583	-1,945	59,033	48,674	61,516	5,499	56,117	36,805	18,987	53,186	45,453	31,547	35,281	36,226	39,017	37,114	36,500	21,058	48,015	14,732	40,443	37,046	87,100	-17,700	41,700	33,566	31,700	10,800	52,700	28,336	39,400	22,200	14,500	36,514	75,100	-14,600	42,200	36,100	42,700	23,800	51,100	42,700	49,800	28,500	37,300	54,600	37,800	26,900	46,200	59,200	34,400	55,400	49,600	55,200	30,400	43,500	39,400	53,700	35,100	49,700	18,300
Investments	-21,800	-41,000	54,500	-121,900	81,300	-45,500	-78,400	-79,500	351,000	-53,700	-103,600	-279,500	-146,840	-96,064	37,713	-213,627	71,547	257,091	296,795	-98,650	48,799	-176,416	64,304	-66,994	-84,963	-33,119	15,764	-17,689	-225,688	-9,906	-106,994	5,445	-80,178	-108,162	-137,475	-36,126	-105,859	-109,460	-179,152	-202,026	-135,039	-66,485	-46,040	-162,407	-191,326	32,329	-79,728	-47,171	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	46,800	6,600	-6,700	-48,800	-2,900	-10,000	1,600	244,800	-14,300	-23,900	-2,600	-1,826	9,872	-1,375	4,573	-38,641	-136,584	-751	-18,590	17,017	1,060	-329	4,124	45,784	-619	3,021	-2,934	3,826	-9,783	16,031	1,174	2,575	-1,025	1,636	6,542	-6,248	-139,850	94,982	24,112	-99,992	-12,640	44,993	88,531	780	-1,540	4,041	-4,264	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	39,500	11,700	-12,800	6,600	-18,500	13,900	-12,500	14,500	40,500	16,300	46,700	39,300	47,791	36,474	30,578	18,472	33,001	25,454	93,822	32,166	-20,257	12,528	5,917	20,155	125,329	26,551	2,261	15,318	19,823	26,923	11,866	25,153	21,040	21,984	16,183	34,275	30,068	25,357	20,452	28,366	34,287	23,599	25,995	27,012	31,826	32,266	13,103	26,671	33,228	23,128	-11,817	25,941	15,112	20,166	22,981	22,603	22,170	19,281	18,604	13,431	22,927	-30,808	4,542	14,256	18,032	18,322	23,166	23,268	28,655	19,307	27,500	23,246	16,097	1,021	33,507	26,648	28,329	-12,644	18,937	21,691	23,059	-14,266	2,083	8,099	13,547	1,502	-19,287	15,571	4,758	9,057	-4,926	16,698	-13,774	12,207	9,682	12,726	22,500	-5,500	10,400	17,100	22,300	24,900	15,600	22,500	25,300	21,500	20,900	19,400	25,000	16,300	17,100	15,400	21,400	19,200	16,200	17,100	17,300	19,300	15,900	12,100	19,700	18,500	19,700	19,300	18,400	18,600	15,200	19,600	10,500	5,600	5,100	3,700	2,000	-700	300	500
Other Cashflows From Financing Activities	25,000	20,500	-107,900	96,400	-86,300	57,200	125,100	52,800	195,800	188,600	131,800	129,000	17,017	67,165	30,356	82,831	-5,888	23,019	-130,246	28,551	51,628	15,120	-4,428	-10,454	72,095	20,537	-56,972	12,928	2,369	67,538	63,889	29,617	103,945	57,967	55,498	57,017	17,830	175,402	134,533	48,540	182,237	50,876	74,462	120,373	54,992	64,533	32,155	30,540	46,314	74,954	48,053	38,321	38,592	71,479	24,533	24,084	19,147	38,009	29,396	18,582	212,111	82,075	23,848	6,841	-6,217	2,086	2,761	-320	11,580	17,682	55,739	7,960	7,247	15,551	60,120	-13,062	42,979	28,088	31,786	27,350	50,692	27,484	6,271	19,615	91,415	25,583	-631	3,583	2,029	-1,851	4,514	370	-14,190	-16,360	-25,433	-26,700	-16,360	-26,700	1,600	-9,600	7,549	-19,500	-16,800	-19,600	-36,527	-40,800	7,900	-13,300	-14,849	-28,300	106,600	-12,600	-38,100	-24,700	-31,100	-6,600	46,200	-38,200	96,100	17,900	-5,900	-4,600	-4,300	-1,600	-20,000	112,900	2,300	4,100	-23,800	-2,700	-11,500	3,100	6,200	11,700	100	2,000
Other Cashflows From Investing Activities	0	-85,600	-3,800	26,600	-214,600	45,700	23,500	-138,200	-122,100	45,800	-343,100	40,000	108,951	-77,832	-92,690	73,632	50,035	-345,930	-127,407	-47,539	-51,492	105,011	-143,001	33,290	43,733	-66,283	-19,511	-66,596	130,026	-92,359	25,779	-51,663	-91,702	18,593	63,746	-44,545	6,629	-115,631	9,206	130,778	-125,444	-33,940	-81,198	52,227	63,521	-136,623	4,981	-781	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-47,700	24,400	18,900	13,900	33,600	18,700	10,100	17,100	-44,400	8,100	-3,400	9,200	1,203	-402	-1,277	19,416	163,761	416,944	48,136	356,504	-208,707	160,288	151,787	-78,105	-125,638	122,763	6,630,733	-6,433,317	16,230	50,603,023	164,134	-50,376,152	49,967,959	-3,990,984	-2,025,183	-43,720,600	41,227,257	3,677,643	-9,531,452	-34,766,177	46,014,524	-7,731,599	12,042,005	-49,633,831	41,904,993	-10,191,768	3,990,918	-35,123,504	40,855,149	-2,428,729	-1,164,208	-36,954,337	112,891	229,616	4,554	223,751	74,599	319,869	12,577,816	-12,300,024	15,119,123	-4,415,665	-2,109,519	-8,945,999	8,251,165	624,170	-2,470,850	-6,358,235	6,233,802	-41,746	83,971	88,209	-355,582	112,328	74,934	92,125	-420,568	127,672	90,993	86,425	-449,519	103,709	88,045	80,395	-321,738	95,336	109,668	76,928	150,722	-81,617	-67,343	-95,173	139,668	-92,442	-86,368	-84,384	199,346	-251,500	181,900	-175,700	212,166	-108,000	-104,200	-85,600	226,936	-97,600	-110,000	-113,800	195,514	-142,700	-40,400	-69,800	152,400	-70,500	-78,800	-65,200	-140,200	29,200	130,600	-72,400	-443,200	49,500	90,400	18,500	-312,900	119,000	43,400	27,900	44,700	24,800	38,400	35,700	51,700	35,800	49,400	17,800
Sale Purchase Of Stock	6,500	-1,000	-1,100	-4,400	24,000	-10,000	-11,800	-2,200	-3,600	-200	-1,200	-1,500	2,145	1,503	419	-2,145	125,259	383	139	-5,002	-5,002	731	-80	-6	1	-1,661	2,407	723	21,513	435	-7,047	-14,466	-6,175	-15,059	673	-716	5,411	-1,544	3,516	-3,867	3,889	-5	-2,041	-1,843	-520	-155	-8,009	-1,630	0	0	0	0	0	0	0	0	0	0	0	0	54,338	0	-24,873	-29,465	8,680	0	614	0	88,098	10,371	0	49,337	51,513	0	0	0	0	0	0	0	0	0	0	0	-53,359	0	163,013	0	0	0	0	0	0	-4,581	-4,597	-5,965	-2,419	-14,400	3,600	-14,300	-21,390	-5,100	-39,900	-10,200	-23,190	-7,200	-48,100	-13,300	1,530	98,500	0	98,500	0	-5,400	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	2,400	2,600	2,500	2,000	2,200	2,300	2,300	2,100	2,400	2,200	1,600	2,200	2,082	1,792	1,566	1,220	7,338	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-85,900	7,100	-122,500	-6,500	-130,400	-49,900	95,100	37,400	17,700	-42,800	119,000	114,600	2,767	54,746	17,962	68,303	-55,760	11,172	-142,086	16,761	24,754	3,424	-16,190	-22,098	22,783	7,337	-68,495	1,410	12,813	56,471	45,782	4,037	89,908	32,304	44,803	45,625	13,425	164,051	124,703	34,889	177,887	42,720	64,313	110,478	48,452	59,221	26,838	25,168	40,958	70,414	43,513	33,767	34,089	68,213	21,271	20,827	8,053	35,878	27,267	16,456	28,826	26,885	-5,302	-27,015	-33,627	-2,150	-31,602	-4,025	13,266	14,481	43,614	-12,722	25,290	12,046	55,843	-17,058	38,902	24,095	27,293	22,862	46,203	22,995	1,782	15,129	-2,459	-2,444	48,908	653	-1,985	-3,596	1,127	-3,797	-18,420	-24,722	-34,358	-32,264	-23,073	-48,700	5,100	-28,700	-17,753	-27,700	-62,700	-31,900	-63,407	-48,800	-47,600	-24,100	-28,902	-50,800	3,600	-26,200	-40,200	-32,200	-33,100	-9,200	-31,400	-41,300	-4,200	-11,100	-7,600	-14,300	-6,100	-3,300	-52,400	-11,500	800	700	-23,800	-2,700	-11,500	3,100	-3,800	4,700	-14,900	-2,000
Total Cash From Operating Activities	102,900	45,300	67,500	86,400	55,700	35,800	-15,700	95,700	26,800	61,500	-25,400	142,000	-8,030	102,235	78,158	87,431	127,573	109,400	-26,967	124,803	200,888	66,165	79,183	72,126	256,586	82,751	81,655	72,798	207,418	48,978	35,411	77,126	207,043	61,167	31,008	67,302	221,933	57,529	55,031	53,085	205,936	65,597	50,910	34,417	52,614	55,498	44,021	50,715	39,829	25,399	7,975	42,676	28,890	34,808	50,532	43,524	44,600	41,143	52,956	40,203	29,254	50,527	43,023	40,048	37,406	51,492	46,152	66,595	33,750	45,435	51,898	54,723	-8,057	59,760	52,880	60,583	-1,945	59,033	48,674	61,516	5,499	56,117	36,805	18,987	53,186	45,453	31,547	35,281	36,226	39,017	37,114	36,500	21,058	48,015	14,732	40,443	37,046	87,100	-17,700	41,700	33,566	31,700	10,800	52,700	28,336	39,400	22,200	14,500	36,514	75,100	-14,600	42,200	36,100	42,700	23,800	51,100	42,700	49,800	28,500	37,300	54,600	37,800	26,900	46,200	59,200	34,400	55,400	49,600	55,200	30,400	43,500	39,400	53,700	35,100	49,700	18,300
Total Cashflows From Investing Activities	0	-85,600	50,700	-95,300	-214,600	200	-78,400	-217,700	351,000	-7,900	-103,600	-239,500	-37,889	-173,896	-54,977	-139,995	121,582	-88,839	169,388	-146,189	-2,693	-71,405	-78,697	-33,704	-41,230	-99,402	-3,747	-84,285	-95,662	-102,265	-81,215	-46,218	-171,880	-89,569	-73,729	-80,671	-99,230	-225,091	-169,946	-71,248	-260,483	-100,425	-127,238	-110,180	-127,805	-104,294	-74,747	-47,952	-303,007	-188,915	-95,538	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	19,227	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31
Cost Of Revenue	0	0	0	0	907,035	1	-50	-10	-48	15	-67	-14	880,838	89	223	5,329	6,078	6,078	5,141	5,990	817,556	681,265	751,286	744,499	0	0	0	0	0	0	0	0	0	0
Depreciation And Amortization	26,200	16,800	13,000	14,400	8,800	0	0	0	0	0	0	0	8,577	8,318	200	13,955	12,778	11,927	10,243	11,046	11,082	12,512	8,300	6,761	-1,000	5,300	10,600	13,100	15,600	19,700	0	20,400	0	0
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	0	18,300	145,900	135,200	222,300	32,538	100,635	126,040	142,574	160,311	168,302	163,422	108,885	125,244	125,630	14,633	258,378	275,914	218,786	185,244	128,488	114,562	135,363	121,168	174,705	221,044	222,800	197,295	113,300	94,000	201,600	191,600	142,700	147,700
Ebitda	26,200	35,100	158,900	149,600	231,100	32,538	100,635	126,040	142,574	160,311	168,302	163,422	117,462	133,562	125,830	28,588	271,156	287,841	229,029	196,290	139,570	127,074	143,663	127,929	173,705	226,344	233,400	210,395	128,900	113,700	201,600	212,000	142,700	147,700
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	2,800	0	0	99,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	1,491,900	1,381,600	1,330,100	1,310,400	1,430,500	1,191,600	1,171,500	1,128,900	1,080,400	1,060,700	1,031,200	1,010,800	998,300	974,800	937,400	834,818	887,005	873,807	869,412	878,349	853,748	771,874	804,490	781,204	775,426	779,443	746,980	703,757	740,600	711,900	707,600	704,300	657,200	629,000
Income Before Tax	53,300	16,500	174,900	159,600	236,400	19,500	88,700	114,200	129,500	146,100	154,100	149,200	94,900	111,300	103,500	178	117,071	140,293	94,044	69,757	19,179	7,665	28,342	9,721	93,354	116,781	119,638	100,619	321,100	279,100	413,400	414,100	344,700	333,100
Income Tax Expense	8,300	-3,300	32,100	26,300	52,000	1,200	-80,700	30,400	36,000	41,900	43,200	45,300	24,400	30,400	30,000	-10,739	34,283	41,585	16,771	13,444	204	-3,668	4,024	-2,438	28,849	31,469	32,581	26,817	27,800	21,600	36,300	21,600	12,100	600
Interest Expense	29,700	19,400	13,900	15,200	15,600	13,000	11,900	11,800	13,100	14,200	14,200	14,200	14,000	14,000	14,000	14,455	141,307	135,621	124,742	115,487	109,309	106,897	105,752	102,765	101,351	104,263	106,643	105,839	11,600	9,500	88,100	111,900	147,500	145,000
Interest Income	0	19,400	13,900	15,200	15,577	13,001	11,948	11,808	13,122	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	45,000	19,800	170,400	133,300	184,400	18,300	169,400	83,800	93,500	104,200	110,900	103,900	70,500	80,900	73,500	10,917	82,788	98,708	77,273	56,313	18,975	11,333	25,587	20,841	44,505	85,312	83,576	64,639	73,900	62,900	77,200	58,100	-16,900	2,100
Net Income Applicable To Common Shares	0	-2,600	142,800	133,315	184,443	18,343	169,459	83,765	93,482	104,243	110,893	103,866	70,480	80,862	73,486	10,917	82,788	98,708	77,273	56,313	18,975	11,333	25,587	20,841	0	0	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	45,000	-2,600	142,800	133,315	184,443	18,343	169,459	83,765	93,482	104,243	110,893	103,866	70,480	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	-29,700	-19,400	-13,900	-15,200	-15,577	-13,001	-11,948	-11,808	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	1,057,800	18,300	145,900	135,200	222,300	32,538	100,635	126,040	142,574	160,311	168,302	163,422	108,885	125,244	795,958	697,097	738,647	738,647	732,966	739,655	128,488	114,562	135,363	121,168	174,705	221,044	222,800	197,295	113,300	94,000	201,600	191,600	142,700	147,700
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	-1,408,900	1,365,100	1,155,200	1,150,800	1,194,100	1,172,100	1,082,800	1,014,700	950,900	914,600	877,100	861,600	903,400	863,500	833,900	834,640	769,934	733,514	775,368	808,592	834,569	764,209	776,148	771,483	682,072	662,662	627,342	603,138	54,100	51,100	123,900	145,900	147,500	525,900
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	26,200	16,800	13,000	23,417	15,629	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	64	48	46	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	0	0	0	0	234,609	205,413	187,789	173,112	157,411	161,992	0	0	139,936	142,852	141,246	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	348,300
Tax Provision	8,300	-9,300	32,100	26,300	52,006	1,194	-80,772	30,467	35,970	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	434,100	251,500	-1,184,200	-1,175,200	-1,208,200	1,159,000	1,071,000	1,003,000	936,000	900,000	863,000	847,000	889,000	851,000	820,000	820,000	756,000	732,000	777,000	132,704	-725,260	-657,312	-669,127	-660,036	-600,721	-558,399	-524,180	-506,462	-627,300	-617,900	-506,000	-512,700	-514,500	-481,300
Total Other Income Expense Net	53,300	-1,800	29,000	24,400	14,100	10,300	6,600	4,500	3,200	4,200	4,500	7,000	5,200	6,200	4,700	9,876	12,404	-598,354	-638,922	-669,898	-109,309	-106,897	-107,021	-111,447	-81,351	-104,263	-103,162	-96,676	207,800	185,100	211,800	222,500	202,000	185,400
Total Revenue	1,491,900	1,381,600	1,330,100	1,310,400	1,430,500	1,191,600	1,171,500	1,128,900	1,080,400	1,060,700	1,031,200	1,010,800	998,300	974,800	937,400	834,818	887,005	873,807	869,412	878,349	853,748	771,874	804,490	781,204	775,426	779,443	746,980	703,757	740,600	711,900	707,600	704,300	657,200	629,000

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31
Cost Of Revenue	0	0	0	0	0	0	0	0	27,900	16,800	23,000	11,300	15,957	11,066	0	55	24	-18	22	-13	-35	82	-57	11	7	-17	-36	-4	-73	124	-58	-3	-6	-53	30	-19	-57	80	57	-65	-115	16	-37	69	-17	52	-126	77	201,826	67	-151	204,183	214,106	-30	-14	27	0	70	-242	223	-608,388	1,242	1,573	1,245	-651,052	1,267	1,225	1,538	-641,322	1,287	1,359	1,549	-643,824	1,219	1,316	1,772	-648,504	1,350	1,128	189,174	208,763	226,057	205,157	188,661	186,760	175,508	158,225	173,284	190,431	190,965	201,145	177,045	215,664	182,466	181,817	171,313	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation And Amortization	-11,100	3,700	3,700	3,700	4,200	4,200	4,200	4,200	3,200	3,300	3,200	3,300	3,500	3,500	6,372	3,700	3,900	3,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-1,599	0	0	223	1,269	1,242	1,573	1,245	1,349	1,267	1,225	1,538	1,883	1,287	1,359	1,549	834	1,219	1,316	1,772	2,186	1,350	1,128	1,326	229	2,273	900	1,625	1,157	1,900	1,383	1,294	-277	2,374	1,770	1,907	1,583	2,386	2,399	2,401	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	55,800	11,400	-20,200	14,800	-19,600	20,400	30,100	62,000	62,300	76,600	64,000	53,900	64,424	51,061	41,358	24,300	40,866	31,312	126,955	38,578	-28,162	17,040	6,813	23,846	35,139	33,484	2,228	17,836	27,199	35,022	16,694	35,317	27,973	30,348	22,732	48,399	42,163	35,705	28,581	39,664	48,489	30,388	37,211	37,978	46,119	47,169	18,355	37,530	42,726	31,839	-16,704	37,017	20,384	28,330	30,712	31,865	35,677	27,214	27,093	21,902	16,609	-35,600	6,294	54,056	59,485	60,332	66,668	66,514	73,743	60,906	71,861	63,326	52,166	22,160	73,810	65,509	60,358	7,542	54,006	57,348	49,644	9,007	28,576	36,234	44,337	20,745	-5,239	47,515	28,399	35,095	17,874	48,221	-4,600	38,822	36,834	41,343	93,354	0	0	0	116,781	0	0	0	119,638	0	0	0	100,619	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebitda	44,700	15,100	-16,500	18,500	-15,400	24,600	34,300	66,200	65,500	79,900	67,200	57,200	67,924	54,561	47,730	28,000	44,766	35,112	130,267	41,881	-24,878	20,293	10,104	27,018	38,208	36,462	5,173	20,792	30,149	37,997	19,642	38,252	31,485	33,000	26,138	51,951	45,726	39,248	32,127	43,210	52,069	33,941	40,760	41,532	49,702	50,725	21,909	41,086	46,305	35,313	-13,227	40,494	23,888	31,826	34,193	35,337	34,078	30,693	30,582	22,125	17,878	-34,358	7,867	55,301	60,834	61,599	67,893	68,052	75,626	62,193	73,220	64,875	53,000	23,379	75,126	67,281	62,544	8,892	55,134	58,674	49,873	11,280	29,476	37,859	45,494	22,645	-3,856	48,809	28,122	37,469	19,644	50,128	-3,017	41,208	39,233	43,744	106,705	23,100	17,400	27,600	127,044	36,600	23,300	34,100	134,600	27,200	31,800	29,100	123,295	23,400	26,300	24,200	30,900	30,400	26,500	25,400	23,600	27,100	23,000	20,300	44,500	50,600	53,500	52,900	117,200	17,800	25,500	54,900	8,800	46,100	45,200	42,400	40,500	35,200	35,800	36,200
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,800	2,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	402,900	378,700	356,400	353,900	346,400	343,000	346,300	346,800	331,400	329,600	347,100	322,000	352,300	337,100	314,929	307,300	331,400	334,400	451,500	313,200	278,500	311,400	306,200	295,500	303,000	289,800	291,400	287,300	282,800	291,300	283,500	271,300	276,100	265,700	268,500	270,100	269,100	265,600	264,800	261,200	259,100	251,900	265,600	254,600	255,400	256,600	254,100	244,700	247,643	260,900	245,200	244,473	237,994	250,000	248,000	238,700	235,886	241,600	237,400	222,369	221,101	178,204	216,245	219,268	230,574	218,922	218,034	219,475	226,407	216,705	215,240	215,455	220,447	207,386	220,951	220,628	223,855	217,890	215,163	221,441	232,436	211,014	209,207	201,091	210,667	189,981	163,406	207,820	201,889	203,131	196,106	203,364	192,941	197,566	198,395	192,302	199,826	195,400	190,200	190,000	192,243	196,600	194,500	196,100	192,380	185,900	186,600	182,100	143,257	186,900	187,000	186,600	189,200	184,000	185,400	182,000	176,100	179,800	175,900	180,100	173,300	178,000	176,200	180,200	172,600	179,000	175,200	177,500	163,900	165,400	164,600	163,200	164,400	155,800	153,800	155,000
Income Before Tax	47,200	13,600	-15,600	8,100	-25,900	15,100	-16,500	17,700	49,600	19,000	58,100	48,200	58,600	45,100	37,417	18,500	40,300	30,500	127,000	38,600	-28,200	17,100	6,800	23,800	35,200	33,400	2,300	17,800	27,200	35,000	16,700	35,300	28,000	30,400	22,700	48,400	42,100	35,800	28,500	39,700	48,500	30,400	37,200	38,000	46,200	47,100	18,400	37,500	42,726	31,900	-16,700	37,017	20,384	28,300	30,700	31,900	30,572	27,200	27,100	18,628	13,602	-37,760	4,491	19,845	25,138	26,063	32,662	33,208	40,540	27,557	39,302	32,894	20,915	-8,256	43,957	37,428	32,741	-20,134	26,563	30,587	21,990	-16,187	2,498	10,878	18,431	-4,168	-30,661	22,593	1,882	9,852	-7,187	23,795	-35,221	12,507	13,957	18,478	93,354	69,200	59,100	71,400	116,781	88,700	74,400	89,000	119,638	78,000	82,500	79,800	100,619	72,900	76,400	76,400	84,800	81,400	80,000	74,800	67,400	75,400	66,900	69,300	93,900	102,700	105,200	111,600	168,100	76,100	79,600	114,100	0	0	94,500	92,400	88,500	81,500	80,800	82,300
Income Tax Expense	7,700	1,900	-2,800	1,500	-9,200	1,200	-4,000	3,200	9,100	2,700	11,400	8,900	10,800	8,600	6,839	17	7,300	5,100	33,200	6,400	-7,900	4,600	900	3,600	-90,100	6,900	-33	2,500	7,300	8,100	4,900	10,100	6,900	8,500	6,500	14,100	12,100	10,400	8,100	11,300	14,200	6,800	11,200	11,000	14,300	14,900	5,300	10,800	9,498	8,700	-4,900	11,076	5,272	8,200	7,700	9,300	8,402	7,900	8,500	5,197	-9,325	-6,952	-51	5,589	7,106	7,741	9,496	9,940	11,885	8,250	11,802	9,648	4,818	-9,277	10,450	10,780	4,412	-7,490	7,626	8,896	-1,069	-1,921	415	2,779	4,884	-4,717	-11,374	7,022	-2,876	2,064	-2,261	7,097	-15,565	3,100	4,275	5,752	-9,851	26,200	4,600	8,000	7,569	9,300	5,400	9,200	9,781	7,400	8,100	7,200	9,617	4,500	6,600	6,000	6,300	7,600	7,200	6,700	4,400	7,100	4,500	5,600	10,000	8,000	9,300	9,000	7,200	4,000	4,800	5,600	5,300	2,400	2,500	1,800	500	-300	200	200
Interest Expense	8,600	7,500	6,900	6,700	5,900	5,300	4,300	3,900	3,500	3,400	3,500	3,500	3,500	3,500	3,941	4,200	4,400	4,600	3,300	3,300	3,300	3,200	3,300	3,200	3,000	3,000	2,900	3,000	2,900	3,000	3,000	2,900	3,500	2,600	3,400	3,600	3,600	3,500	3,600	3,500	3,500	3,600	3,500	3,600	3,500	3,600	3,500	3,600	3,579	3,400	3,500	3,477	3,504	3,400	3,500	3,500	3,506	3,500	3,500	3,497	4,276	3,402	3,376	35,456	35,696	35,536	35,231	34,844	35,086	34,636	33,918	31,981	32,085	31,635	31,169	29,853	29,803	29,026	28,571	28,087	27,883	27,467	26,978	26,981	27,063	26,813	26,805	26,216	26,240	26,348	26,831	26,333	26,322	25,901	25,276	25,266	94,051	2,400	2,400	2,500	97,163	2,400	2,300	2,400	99,543	1,800	2,800	2,500	97,839	2,600	2,600	2,800	3,200	3,600	3,100	1,600	1,900	2,400	2,600	2,600	14,800	24,100	24,500	24,600	95,700	4,800	5,500	29,700	34,800	38,100	37,600	36,900	38,000	36,200	35,300	35,500
Interest Income	0	7,500	6,900	6,700	5,900	5,300	4,300	3,900	3,500	3,400	3,500	3,500	3,500	3,553	3,941	4,228	4,354	4,608	3,312	3,303	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	39,500	11,700	-12,800	6,600	-16,700	13,900	-12,500	14,500	40,500	16,300	46,700	39,300	47,800	36,500	30,578	18,500	33,000	25,400	93,800	32,200	-20,300	12,500	5,900	20,200	125,300	26,500	2,300	15,300	19,900	26,900	11,800	25,200	21,100	21,900	16,200	34,300	30,000	25,400	20,400	28,400	34,300	23,600	26,000	27,000	31,900	32,200	13,100	26,700	33,228	23,200	-11,800	25,941	15,112	20,100	23,000	22,600	22,170	19,300	18,600	13,431	22,927	-30,808	4,542	14,256	18,032	18,322	23,166	23,268	28,655	19,307	27,500	23,246	16,097	1,021	33,507	26,648	28,329	-12,644	18,937	21,691	23,059	-14,266	2,083	8,099	13,547	549	-19,287	15,571	4,758	9,057	-4,926	16,698	-13,774	12,207	9,682	12,726	22,505	-5,500	10,400	17,100	22,312	24,900	15,600	22,500	25,276	18,000	20,900	19,400	15,839	16,300	17,100	15,400	21,400	19,200	16,200	17,100	17,300	17,600	15,900	12,100	19,700	18,500	19,700	19,300	14,300	9,000	15,200	19,600	-31,300	5,600	5,100	3,700	2,000	-700	300	500
Net Income Applicable To Common Shares	0	11,700	-12,800	6,600	-18,500	13,900	-12,500	14,500	40,500	16,300	46,700	39,300	47,791	36,474	30,578	18,472	33,001	25,454	93,822	32,166	-20,257	12,528	5,917	20,155	125,329	26,551	2,261	15,318	19,823	26,923	11,866	25,153	21,040	21,984	16,183	34,275	30,068	25,357	20,452	28,366	34,287	23,599	25,995	27,012	31,826	32,266	13,103	26,671	32,913	23,128	-11,817	25,807	15,112	20,166	22,981	22,603	22,170	19,281	18,604	13,431	22,927	-4,542	4,542	14,256	18,032	18,322	23,166	23,268	28,655	19,307	27,500	23,246	16,097	1,021	33,507	26,648	28,329	-18,937	18,937	21,691	23,059	-2,083	2,083	8,099	13,547	549	-15,571	15,571	4,758	9,057	-16,698	16,698	8,634	12,207	9,682	12,726	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	39,500	11,700	-12,800	6,600	-18,500	13,900	-12,500	14,500	40,500	16,300	46,700	39,300	47,791	36,474	30,578	18,472	33,001	25,454	93,822	32,166	-20,257	12,528	5,917	20,155	125,329	26,551	2,261	15,318	19,823	26,923	11,866	25,153	21,040	21,984	16,183	34,275	30,068	25,357	20,452	28,366	34,287	23,599	25,995	27,012	31,826	32,266	13,103	26,671	0	23,128	-11,817	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	-8,600	-7,500	-6,900	-6,700	-5,900	-5,300	-46,700	-44,700	-3,500	-3,400	-3,500	-3,500	-3,500	-3,553	-3,941	-4,228	-4,354	-4,608	-3,312	-3,303	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	290,900	11,400	-20,200	14,800	-19,600	20,400	30,100	62,000	63,800	76,600	64,000	53,900	1,073	51,061	41,358	24,300	40,866	31,312	130,267	41,881	-24,878	20,293	10,104	27,018	38,208	36,462	5,173	20,792	30,149	37,997	19,642	38,252	31,485	33,000	26,138	51,951	45,726	39,248	32,127	43,210	52,069	33,941	40,760	41,532	49,702	50,725	21,909	41,086	46,305	35,313	-13,227	40,494	23,888	31,826	34,193	35,337	35,677	30,693	30,582	186,603	697,097	146,297	181,324	183,243	742,527	188,625	186,022	185,539	738,647	182,464	182,589	182,879	732,966	171,269	188,982	188,566	739,655	186,374	179,511	57,348	49,644	9,007	28,576	36,234	44,337	20,745	-5,239	47,515	28,399	35,095	17,874	48,221	-4,600	38,822	36,834	41,343	106,705	23,100	17,400	27,600	127,044	36,600	23,300	34,100	134,600	27,200	31,800	29,100	123,295	23,400	26,300	24,200	30,900	30,400	26,500	25,400	23,600	27,100	23,000	20,300	44,500	50,600	53,500	52,900	117,200	17,800	25,500	54,900	8,800	46,100	45,200	42,400	40,500	35,200	35,800	36,200
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	-347,100	365,100	372,000	345,800	372,300	327,900	362,800	329,100	281,800	310,600	289,000	273,800	293,700	292,000	277,512	288,800	291,100	303,900	324,500	274,600	306,700	294,300	299,400	271,700	267,800	256,400	289,100	269,500	255,600	256,300	266,800	236,000	248,100	235,300	245,800	221,700	227,000	229,800	236,300	221,500	210,600	221,500	228,400	216,600	209,200	209,500	235,700	207,200	204,917	229,000	261,900	207,456	217,610	221,700	217,300	206,800	205,314	214,400	210,300	203,741	207,499	215,964	211,754	199,423	205,436	192,859	185,372	186,267	185,867	189,148	175,938	182,561	199,532	215,642	176,994	183,200	191,114	238,024	188,600	190,854	210,446	227,201	206,709	190,213	192,236	194,149	194,067	185,227	200,007	193,279	203,293	179,569	228,162	185,059	184,438	173,824	636,672	16,700	15,400	13,200	621,462	13,400	14,000	13,800	587,242	12,700	14,100	13,300	563,138	13,400	13,200	13,400	45,700	3,600	3,100	26,600	61,800	37,500	38,800	12,100	23,700	33,100	33,500	33,500	129,700	4,800	14,200	29,700	248,700	131,100	131,500	133,500	135,400	131,800	127,400	131,100
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	6,700	3,700	3,700	3,700	4,200	4,200	4,200	4,200	3,200	3,300	3,200	3,300	5,870	5,892	6,372	5,283	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	145	77	50	0	102	227	0	0	25	6	96	0	160	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	64,972	61,414	55,252	54,053	56,037	50,989	50,218	48,169	143,617	44,172	0	0	173,112	0	0	0	157,411	0	0	0	161,992	0	0	0	0	0	0	0	114,382	37,955	38,577	37,850	37,380	33,898	33,727	34,931	38,587	36,075	33,394	34,796	35,677	34,740	0	0	64,013	30,665	33,348	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	25,000	0	23,900	26,300	0	0	0	0	0	0	0	0	0	0	85,000	85,600	88,300	89,400	87,400	83,900	87,400
Tax Provision	7,700	1,900	-2,800	1,500	-9,700	1,200	-4,000	3,200	9,100	2,700	11,400	8,900	10,800	8,642	6,839	17	7,411	5,050	33,133	6,412	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	112,000	75,700	-376,600	79,800	174,200	75,600	77,300	49,000	251,500	64,300	60,500	58,000	279,000	57,837	274,000	285,000	279,000	302,000	296,000	274,000	303,000	291,000	296,000	268,000	265,000	253,000	286,000	267,000	253,000	253,000	264,000	233,000	242,000	233,000	242,000	218,000	223,000	226,000	233,000	218,000	207,000	218,000	225,000	213,000	206,000	206,000	232,000	204,000	202,000	225,000	259,000	204,000	215,000	218,000	214,000	203,000	202,000	211,000	207,000	200,000	203,000	213,000	208,000	196,000	193,000	192,000	185,000	185,000	194,000	185,000	172,000	180,000	208,000	213,000	174,000	181,000	132,704	30,166	34,524	-164,093	-182,792	-202,007	-180,631	-164,857	-166,330	-169,236	-168,645	-160,305	-173,490	-168,036	-178,232	-155,143	-197,541	-158,744	-161,561	-150,959	-93,121	-172,300	-172,800	-162,400	-65,199	-160,000	-171,200	-162,000	-57,780	-158,700	-154,800	-153,000	-19,962	-163,500	-160,700	-162,400	-158,300	-153,600	-158,900	-156,600	-152,500	-152,700	-152,900	-159,800	-128,800	-127,400	-122,700	-127,300	-55,400	-161,200	-149,700	-122,600	-155,100	-119,300	-119,400	-120,800	-123,900	-120,600	-118,000	-118,800
Total Other Income Expense Net	47,200	2,200	4,600	-6,700	-6,300	-5,300	-46,600	-44,300	6,900	7,000	7,200	7,900	6,900	5,600	5,926	7,200	3,500	3,800	3,600	3,200	2,600	2,600	2,800	2,300	1,800	2,000	1,700	1,100	900	1,300	1,000	1,300	900	600	700	1,000	1,900	400	800	1,100	1,000	1,100	1,300	1,100	1,100	1,200	1,600	3,100	999	1,100	1,500	1,561	919	1,600	2,200	1,500	-1,941	1,800	1,900	2,890	2,370	2,198	2,751	2,557	-717,389	-162,562	-153,360	-152,331	-698,107	-154,907	-143,287	-149,985	-712,051	-179,525	-145,025	-151,138	-706,914	-206,508	-152,948	-26,761	-27,654	-25,194	-26,078	-25,356	-25,906	-24,913	-25,422	-24,922	-26,517	-25,243	-25,061	-24,426	-30,621	-26,315	-22,877	-22,865	-13,351	46,100	41,700	43,800	-10,263	52,100	51,100	54,900	-14,962	50,800	50,700	50,700	-22,676	49,500	50,100	52,200	53,900	51,000	53,500	49,400	43,800	48,300	43,900	49,000	49,400	52,100	51,700	58,700	50,900	58,300	54,100	59,200	0	0	49,300	50,000	48,000	46,300	45,000	46,100
Total Revenue	402,900	378,700	356,400	353,900	346,400	343,000	346,300	346,800	331,400	329,600	347,100	322,000	352,300	337,100	314,929	307,300	331,400	334,400	451,500	313,200	278,500	311,400	306,200	295,500	303,000	289,800	291,400	287,300	282,800	291,300	283,500	271,300	276,100	265,700	268,500	270,100	269,100	265,600	264,800	261,200	259,100	251,900	265,600	254,600	255,400	256,600	254,100	244,700	247,643	260,900	245,200	244,473	237,994	250,000	248,000	238,700	235,886	241,600	237,400	222,369	221,101	178,204	216,245	219,268	230,574	218,922	218,034	219,475	226,407	216,705	215,240	215,455	220,447	207,386	220,951	220,628	223,855	217,890	215,163	221,441	232,436	211,014	209,207	201,091	210,667	189,981	163,406	207,820	201,889	203,131	196,106	203,364	192,941	197,566	198,395	192,302	199,826	195,400	190,200	190,000	192,243	196,600	194,500	196,100	192,380	185,900	186,600	182,100	143,257	186,900	187,000	186,600	189,200	184,000	185,400	182,000	176,100	179,800	175,900	180,100	173,300	178,000	176,200	180,200	172,600	179,000	175,200	177,500	163,900	165,400	164,600	163,200	164,400	155,800	153,800	155,000

Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue	1,491,900
Cost of Revenue	-0
Gross Profit	1,491,900	1,491,900

Operating Income (+$)
Gross Profit	1,491,900
Operating Expense	-434,100
Operating Income	1,057,800	1,057,800

Operating Expense (+$)
Research Development	0
Selling General Administrative	0
Selling And Marketing Expenses	0
Operating Expense	434,100	0

Net Interest Income (+$)
Interest Income	0
Interest Expense	-29,700
Other Finance Cost	-0
Net Interest Income	-29,700

Pretax Income (+$)
Operating Income	1,057,800
Net Interest Income	-29,700
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	53,300	1,004,500 EBIT - interestExpense = -29,700 53,300 74,700
Interest Expense	29,700
Earnings Before Interest and Taxes (EBIT)	0	83,000
Earnings Before Interest and Taxes (EBITDA)	26,200

After tax Income (+$)
Income Before Tax	53,300
Tax Provision	-8,300
Net Income From Continuing Ops	45,000	45,000
Net Income	45,000
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	-1,408,900
Total Other Income/Expenses Net	53,300	29,700

Technical Analysis of Horace Mann Educators Corporation
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Horace Mann Educators Corporation. The general trend of Horace Mann Educators Corporation is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Horace Mann Educators Corporation's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (71.4%)		Bearish trend (-71.4%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Horace Mann Educators Corporation.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 36.82 < 37.36 < 37.79.

The bearish price targets are: 37.10 > 33.85 > 32.74.

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Horace Mann Educators Corporation Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Horace Mann Educators Corporation. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

MA 20 trending up: The MA 20 is trending up. +1
Close > MA 20: The price is above the MA 20. +1
MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
MA 50 trending down: The MA 50 is trending down. -1
Close > MA 50: The price is above the MA 50. +1
MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
MA 100 trending up: The MA 100 is trending up. +1
Close > MA 100: The price is above the MA 100. +1
MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
MA 200 trending up: The MA 200 is trending up. +1
Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Horace Mann Educators Corporation Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Horace Mann Educators Corporation. The current macd is 0.22284815.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Horace Mann Educators Corporation price going up in the near term. +2
MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Horace Mann Educators Corporation. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Horace Mann Educators Corporation price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1

Horace Mann Educators Corporation Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Horace Mann Educators Corporation. The current adx is 19.45.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Horace Mann Educators Corporation shares, leading to potential upward momentum in its price. +1
PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1

Horace Mann Educators Corporation Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Horace Mann Educators Corporation. The current sar is 34.44.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1

Horace Mann Educators Corporation Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Horace Mann Educators Corporation. The current rsi is 59.99. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Trending down: The RSI is trending down. -1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Horace Mann Educators Corporation Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Horace Mann Educators Corporation. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
STOCH > 80: The STOCH %K is above 80 and overbought. +2
STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Horace Mann Educators Corporation price going down in the near term. -2
Trending down: The STOCH %K is trending down. -1

Horace Mann Educators Corporation Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Horace Mann Educators Corporation. The current cci is 85.34.

Horace Mann Educators Corporation Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Horace Mann Educators Corporation. The current cmo is 27.91.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1

Horace Mann Educators Corporation Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Horace Mann Educators Corporation. The current willr is -15.98579554.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1

Horace Mann Educators Corporation Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Horace Mann Educators Corporation.

Horace Mann Educators Corporation Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Horace Mann Educators Corporation. The current atr is 0.63936421.

Horace Mann Educators Corporation Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Horace Mann Educators Corporation. The current obv is 2,089,127.

Horace Mann Educators Corporation Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Horace Mann Educators Corporation. The current mfi is 56.72.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

MFI > 50: +1

Horace Mann Educators Corporation Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Horace Mann Educators Corporation.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-12-04	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-07	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2023-12-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-11	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2023-12-13	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-15	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2023-12-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2023-12-19	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2023-12-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2023-12-22	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2023-12-27	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2023-12-29	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-02	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-03	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-04	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-01-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-08	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-01-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-10	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-01-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-12	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-01-16	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-01-17	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-18	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-19	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-01-22	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-23	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-24	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-25	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-29	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-31	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-05	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-02-07	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-02-08	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-09	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-02-12	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-02-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-02-16	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-27	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-28	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-01	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-03-05	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-20	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-25	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-26	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-27	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-03-28	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-02	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-04-05	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-08	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-04-09	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-10	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-17	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-18	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-19	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-23	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-24	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-04-25	STOCH	LONG EXIT		The %K line crosses below the %D line.

6.3. Candlestick Patterns

Horace Mann Educators Corporation Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Horace Mann Educators Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	59.991
Ma 20	Greater than	Ma 50	35.771
Ma 50	Greater than	Ma 100	35.854
Ma 100	Greater than	Ma 200	34.961
Open	Greater than	Close	37.140
Total			4/5 (80.0%)

Create your own Symbol Scanner

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Quick analysis of Horace Mann Educators Corporation (30 sec.)

What can you expect buying and holding a share of Horace Mann Educators Corporation? (30 sec.)

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+ What do you gain per year?

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1. Valuation of Horace Mann Educators Corporation (5 min.)

$36.76

$28.32

$-26.80 - $-4.11

$1.52 - $24.21

2. Growth of Horace Mann Educators Corporation (5 min.)

Is Horace Mann Educators Corporation growing?

How much money is Horace Mann Educators Corporation making?

How much money comes from the company's main activities?

3. Financial Health of Horace Mann Educators Corporation (5 min.)

What can you expect buying and holding a share of Horace Mann Educators Corporation? (5 min.)

What can you expect buying and holding a share of Horace Mann Educators Corporation?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Horace Mann Educators Corporation

About Horace Mann Educators Corporation

Financial Health

Valuation

1.1. Profitability of Horace Mann Educators Corporation.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

1.1.2. Return on Assets

Trends

1.1.3. Return on Equity

Trends

1.2. Operating Efficiency of Horace Mann Educators Corporation.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Horace Mann Educators Corporation.

1.3. Liquidity

1.3.1. Current Ratio

Trends

1.3.2. Quick Ratio

Trends

1.4. Solvency of Horace Mann Educators Corporation.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

1.4.2. Debt to Equity Ratio

Trends

2. Market Valuation of Horace Mann Educators Corporation

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

2.2. Price To Free Cash Flow Ratio

Trends

2. Book Value per Share

2.3. Price to Book Ratio

Trends

Horace Mann Educators Corporation
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