Originally Posted by
jsled
here's my unscientific wag.
1st qtr .6B
2nd qtr 1.3B
3rd qtr 1.7B
4th qtr mean est 2.62/sh @ 373M sh outstanding.... .97B
Total profit...4.6B
last year .....2.0B
So this years profit is 2.3x last years. Which would make your profit sharing check roughly 2.3x last years adjusted for W2 differences. But that's not the whole story. Unlike last year, we've met the 6.9% profit margin, so
some of the profit sharing is funded at 20% pre tax profit versus 10%! Double baby. That means MO Money.
My Wag...
12-16% of W2....depending on if the 20% threshold means 50% or 100% Mo Money.
That's versus 3.7% of W2 last year. But I'm gonna hold off on that swimming pool down payment for now.

I'm gonna splurge and get me one of these