AMERISAFE, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.76B | $1.48B | $1.30B | $1.12B | $928.6M | $797.7M | $692.0M | $568.4M |
| Service | $1.37B | $1.12B | $951.1M | $813.1M | $678.0M | $569.1M | $489.1M | $404.7M |
| Product | $394.0M | $358.3M | $348.6M | $304.7M | $250.6M | $228.6M | $202.9M | $163.7M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $82.2M | $112.8M | $101.0M | $73.7M | $59.2M | $37.7M | $28.7M | $45.8M |
| Operating Margin | 4.7% | 7.6% | 7.8% | 6.6% | 6.4% | 4.7% | 4.1% | 8.1% |
| Interest Expense | — | — | — | — | — | $566.0K | $1.3M | $1.5M |
| Pretax Income | $82.2M | $112.8M | $101.0M | $73.7M | $59.2M | $37.1M | $27.4M | $44.2M |
| Income Tax Expense | $36.0M | $35.0M | $30.5M | $20.1M | $15.6M | $7.8M | $3.2M | $9.7M |
| Net Income | $46.2M | $77.9M | $70.5M | $53.7M | $43.6M | $29.4M | $24.2M | $34.5M |
| Net Margin | 2.6% | 5.3% | 5.4% | 4.8% | 4.7% | 3.7% | 3.5% | 6.1% |
| EPS (Basic) | $2.41 | $4.08 | $3.72 | $2.88 | $2.37 | $1.62 | $1.32 | $1.85 |
| EPS (Diluted) | $2.40 | $4.05 | $3.69 | $2.84 | $2.32 | $1.58 | $1.29 | $1.81 |
| Shares Outstanding (Basic) | 19.2M | 19.1M | 18.9M | 18.6M | 18.4M | 18.2M | 18.2M | 18.6M |
| Shares Outstanding (Diluted) | 19.2M | 19.2M | 19.1M | 18.9M | 18.7M | 18.6M | 18.7M | 19.1M |
| Dividends Per Share | $0.80 | $0.72 | $0.60 | $0.48 | $0.32 | — | — | — |