ADTRAN Holdings, Inc.
Income Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Revenue | $484.2M | $500.7M |
| Network Solutions | — | — |
| Services & Support | — | — |
| Carrier Networks | — | — |
| Enterprise Networks | — | — |
| Cost of Revenue | $197.2M | $201.8M |
| Gross Profit | $287.0M | $298.9M |
| Gross Margin | 59.3% | 59.7% |
| Operating Expenses | ||
| Research & Development | $83.3M | $81.8M |
| SG&A Expense | $99.4M | $103.3M |
| Operating Income | $104.2M | $113.8M |
| Operating Margin | 21.5% | 22.7% |
| Interest Expense | $2.4M | $2.5M |
| Pretax Income | $107.6M | $118.3M |
| Income Tax Expense | $33.3M | $39.7M |
| Net Income | $74.2M | $78.6M |
| Net Margin | 15.3% | 15.7% |
| EPS (Basic) | $1.19 | $1.24 |
| EPS (Diluted) | $1.17 | $1.22 |
| Shares Outstanding (Basic) | 62.5M | 63.5M |
| Shares Outstanding (Diluted) | 63.4M | 64.4M |
| Dividends Per Share | — | — |