May 15.2021
Profit Sharing Pool
First Quarter 2021
The 9/1/18 USW agreement provides for a profit sharing pool of 7.5% of the company's profits, defined as Earnings Before Interest and Taxes (EBIT). The company reported an unaudited Adjusted EBIT of $106,832,880.15. As a result, there was $8,012,466.01 in profit sharing generated for the pool using the Basic Labor Agreement calculations.