Advanced Energy Industries, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $453.1M | $327.4M | $268.3M | $583.1M | $547.0M | $451.9M | $516.8M | $459.4M |
| Thin Films | — | — | — | — | — | — | $328.6M | — |
| Solar Energy | — | — | — | — | — | — | $188.2M | — |
| Precision Power Products | — | — | — | $361.8M | $296.5M | $235.3M | — | — |
| Inverters | — | — | — | $221.3M | $250.5M | $216.6M | — | — |
| Semiconductor Equipment | — | — | — | — | — | — | — | — |
| Industrial and Medical | — | — | — | — | — | — | — | — |
| Data Center Computing | — | — | — | — | — | — | — | — |
| Telecom and Networking | — | — | — | — | — | — | — | — |
| Cost of Revenue | $314.6M | $230.6M | $197.9M | $179.3M | $153.8M | $284.2M | $311.6M | $260.2M |
| Gross Profit | $356.4M | $253.1M | $216.9M | $188.1M | $145.6M | $167.7M | $205.2M | $199.2M |
| Gross Margin | 78.7% | 77.3% | 80.8% | 32.3% | 26.6% | 37.1% | 39.7% | 43.4% |
| Operating Expenses | ||||||||
| Research & Development | $58.0M | $44.4M | $39.6M | $36.9M | $35.4M | $58.1M | $65.0M | $56.6M |
| SG&A Expense | $93.3M | $77.7M | $66.1M | $58.5M | $57.3M | $69.1M | $79.7M | $74.5M |
| Operating Income | $200.8M | $126.9M | $106.7M | $86.1M | $47.8M | $27.4M | $49.3M | $65.2M |
| Operating Margin | 44.3% | 38.7% | 39.8% | 14.8% | 8.7% | 6.1% | 9.5% | 14.2% |
| Interest Expense | $66.0K | — | — | — | $320.0K | — | — | — |
| Pretax Income | $198.2M | $128.1M | $105.4M | $86.0M | $48.3M | $29.8M | $50.5M | $67.4M |
| Income Tax Expense | $62.1M | $11.1M | $22.0M | $16.5M | $-11.4M | $9.6M | $13.6M | $13.8M |
| Net Income | $137.9M | $127.5M | $-158.5M | $47.0M | $32.1M | $20.6M | $36.3M | $71.2M |
| Net Margin | 30.4% | 38.9% | -59.1% | 8.1% | 5.9% | 4.6% | 7.0% | 15.5% |
| EPS (Basic) | $3.47 | $3.21 | $-3.89 | $1.16 | $0.81 | $0.53 | $0.84 | $1.66 |
| EPS (Diluted) | $3.43 | $3.18 | $-3.89 | $1.14 | $0.79 | $0.52 | $0.83 | $1.64 |
| Shares Outstanding (Basic) | 39.8M | 39.7M | 40.7M | 40.4M | 39.6M | 38.9M | 43.5M | 42.9M |
| Shares Outstanding (Diluted) | 40.2M | 40.0M | 41.1M | 41.0M | 40.7M | 39.4M | 44.0M | 43.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |