AAR Corp.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.75B | $1.59B | $1.66B | $1.59B | $1.71B | $2.14B | $2.07B | $1.78B |
| Aviation Supply Chain | $1.08B | $998.7M | $903.2M | $847.6M | $755.7M | — | — | $435.8M |
| Maintenance Repair and Overhaul | $552.9M | $486.7M | $521.8M | $468.5M | $475.5M | — | — | $393.7M |
| Structures and Systems | — | — | — | — | — | — | — | $375.0M |
| Aircraft Sales and Leasing | — | — | — | — | — | — | — | — |
| Government and Defense Services | — | — | — | — | — | — | — | $571.3M |
| Aviation Services | — | — | — | — | — | $1.61B | $1.54B | — |
| Technology Products | — | — | — | — | — | $522.9M | $529.0M | — |
| Expeditionary Airlift Services | — | — | $173.4M | $173.3M | $328.8M | — | — | — |
| Mobility Products | $112.5M | $105.4M | $64.2M | $104.9M | $149.1M | — | — | — |
| Parts Supply | — | — | — | — | — | — | — | — |
| Repair & Engineering | — | — | — | — | — | — | — | — |
| Integrated Solutions | — | — | — | — | — | — | — | — |
| Expeditionary Services | — | — | — | — | — | — | — | — |
| Cost of Revenue | $840.5M | $787.5M | $785.3M | $891.0M | $794.0M | $840.9M | $1.21B | $1.07B |
| Gross Profit | $294.1M | $263.4M | $233.1M | $130.8M | $288.9M | $259.5M | $318.6M | $307.1M |
| Gross Margin | 16.8% | 16.6% | 14.0% | 8.2% | 16.9% | 12.1% | 15.4% | 17.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $208.1M | $179.0M | $157.6M | $172.4M | $166.3M | $164.0M | $189.4M | $182.7M |
| Operating Income | $85.5M | $82.3M | $212.7M | $-68.7M | $122.6M | $424.9M | $129.2M | $95.1M |
| Operating Margin | 4.9% | 5.2% | 12.8% | -4.3% | 7.2% | 19.9% | 6.3% | 5.4% |
| Interest Expense | $8.0M | $5.3M | $6.4M | $27.2M | $28.3M | $29.1M | $37.7M | $30.7M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $3.5M | $25.1M | $23.4M | $-39.3M | $31.6M | $25.4M | $25.5M | $33.6M |
| Net Income | $15.6M | $56.5M | $47.7M | $10.2M | $72.9M | $55.0M | $67.7M | $69.8M |
| Net Margin | 0.9% | 3.6% | 2.9% | 0.6% | 4.3% | 2.6% | 3.3% | 3.9% |
| EPS (Basic) | $0.44 | $1.66 | $1.37 | $0.26 | $1.85 | $1.38 | $1.68 | $1.76 |
| EPS (Diluted) | $0.41 | $1.64 | $1.37 | $0.24 | $1.83 | $1.38 | $1.65 | $1.73 |
| Shares Outstanding (Basic) | 34.2M | 33.9M | 34.4M | 39.1M | 38.6M | 38.3M | 38.8M | 38.4M |
| Shares Outstanding (Diluted) | 34.6M | 34.3M | 34.6M | 39.4M | 39.1M | 40.6M | 43.1M | 43.6M |
| Dividends Per Share | $0.30 | $0.30 | — | — | $0.30 | $0.30 | $0.30 | $0.08 |