AMERISAFE, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $375.2M | $396.7M | $401.0M | $404.0M | $356.3M | $321.2M | $280.7M | $248.2M |
| 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 | 21.9% | 28.4% | 25.2% | 18.3% | 16.6% | 11.7% | 10.2% | 18.4% |
| 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 | 12.3% | 19.6% | 17.6% | 13.3% | 12.2% | 9.1% | 8.6% | 13.9% |
| 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 | — | — | — |