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Record the income statement in vertical and horizontal analysis For the Fiscal Years ended December 31, 2020, 2019, and 2018 (Millions, except per share amounts)

Record the income statement in vertical and horizontal analysis image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

For the Fiscal Years ended December 31, 2020, 2019, and 2018 (Millions, except per share amounts) FY 2020 FY 2019 FY 2018 Net Sales $5,461 $5,183 $5,005 Cost of Sales 3,298 3,098 2,993 Gross Profit 2,163 2,085 2,012 1,076 Operating Expenses 1,178 1,020 Operating Profit 985 1,065 936 Interest Expense 220 236 210 Earnings before Taxes 765 829 726 Income Tax Expense 304 307 272 Net Earnings 461 522 454 Other Comprehensive Income 22 15 32 Total Comprehensive Income $483 $537 $486 Per Common Share: Basic Earnings per Share $2.31 $2.61 $2.27 Cash Dividends per Share $1.37 $1.30 $1.02 Per Common Share: Basic Earnings per Share $2.31 $2.61 $2.27 Cash Dividends per Share $1.37 $1.30 $1.02 Lopez Clubgear Corp. Other Financial Statement and Stock Data For the Fiscal Years ended December 31, 2020, 2019, and 2018 (Millions, except per share amounts) FY 2020 FY 2019 FY 2018 Net Cash Provided by Operating Activities $761 $738 $450 2020 2019 2018 Closing Price per Share at Fiscal Year End $40.42 $38.15 $49.37 Lopez Clubgear Corp. Income Statements: Horizontal Analysis For the Fiscal Years ended December 31, 2020, 2019, and 2018 ($'s in Millions) FY 2020 vs. FY 2019 $ Amount % FY 2019 vs. FY 2018 $ Amount % FY 2020 FY 2019 FY 2018 Net Sales $5,005 $5,461 3,298 $5,183 3,098 Cost of Sales 2,993 Gross Profit 2,012 2,163 1,178 2,085 1,020 Operating Expenses 1,076 985 1,065 936 Operating Profit Interest Expense 220 236 210 Earnings before Taxes 765 829 726 Income Tax Expense 304 307 272 Net Earnings $461 $522 $454 Lopez Clubgear Corp. Income Statements: Vertical Analysis For the Fiscal Years ended December 31, 2020, 2019, and 2018 ($'s in Millions) % of % of % of Net Sales FY 2020 Net Sales FY 2019 Net Sales FY 2018 Net Sales $5,461 $5,183 $5,005 Cost of Sales 3,298 3,098 2,993 Gross Profit 2,163 2,085 2,012 Operating Expenses 1,178 1,020 1,076 Operating Profit 985 1,065 936 Interest Expense 220 236 210 Earnings before Taxes 765 829 726 Income Tax Expense 304 307 272 Net Earnings $461 $522 $454

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