ITT Inc (ITT) Income Statement

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Product revenue
Service revenue
Total revenue	581.7M
Costs of product revenue
Costs of service revenue
Total costs of revenue	397.8M
Gross profit	183.9M
Selling, general and administrative expenses
Research and development expenses	18.6M
Transformation costs
Asbestos-related costs, net
Restructuring and asset impairment charges, net
Operating income	134.8M
Interest and non-operating expenses, net
Income from continuing operations before income tax expense	134.5M
Income tax expense	46.1M
Income from continuing operations	88.4M
(Loss) income from discontinued operations, including tax benefit of $0, $7, $1 and $5, respectively
Net income
Continuing operations	0.99
Discontinued operations	0.02
Net income	1.01
Continuing operations	0.98
Discontinued operations	0.02
Net income	1
Weighted average common shares - basic	89.2M
Weighted average common shares - diluted	89.7M
Cash dividends declared per common share	0.12

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