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Item 6. SELECTED FINANCIAL DATA

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Item 6. SELECTED FINANCIAL DATA

The following table sets forth our selected historical financial data for the five years ended December 31, 2014. All periods presented have been revised, as applicable, to present the results of the Water Transport business as discontinued operations and to reclassify the assets and liabilities of the Water Transport business as held for sale. See ITEM 8, Note 3 of the Notes to Consolidated Financial Statements for additional information.

Years ended December 31
In millions, except per-share data20142013201220112010
Consolidated statements of operations and comprehensive income (loss) data
Net sales$7,039.0$6,999.7$4,306.8$3,456.7$3,030.8
Operating income (loss)851.9742.6(4.8)100.2313.0
Net income (loss) from continuing operations attributable to Pentair plc607.0511.7(81.5)(7.5)185.5
Per-share data
Basic:
Earnings (loss) per ordinary share from continuing operations attributable to Pentair plc$3.19$2.54$(0.64)$(0.08)$1.89
Weighted average shares190.6201.1127.498.298.0
Diluted:
Earnings (loss) per ordinary share from continuing operations attributable to Pentair plc$3.14$2.50$(0.64)$(0.08)$1.87
Weighted average shares193.7204.6127.498.299.3
Cash dividends declared and paid per ordinary share$1.10$0.96$0.88$0.80$0.76
Cash dividends declared and unpaid per ordinary share0.640.500.46——
Consolidated balance sheets data
Total assets$10,655.2$11,743.3$11,882.7$4,586.3$3,973.5
Total debt3,004.12,550.42,451.61,309.1707.5
Total equity4,663.86,217.76,487.52,047.42,205.0

Factors Affecting Comparability of our Selected Financial Data

For periods prior to 2012, the Consolidated Statements of Operations and Comprehensive Income (Loss) include the historical results of Pentair, Inc. Following the consummation of the Merger on September 28, 2012, the consolidated financial statements include the results of Flow Control.

In May 2011, we acquired as part of Process Technologies, the Clean Process Technologies division of privately held Norit Holding B.V. In the fourth quarter of 2011, we recorded a pre-tax non-cash goodwill impairment charge of $200.5 million.

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