ARTESIAN RESOURCES CORPORATION
Income Statement
| Line Item | FY2017 | FY2016 |
|---|---|---|
| Revenue | $82.2M | $79.1M |
| Cost of Revenue | — | — |
| Gross Profit | — | — |
| Gross Margin | — | — |
| Operating Expenses | ||
| Research & Development | — | — |
| SG&A Expense | — | — |
| Operating Income | $19.6M | $18.8M |
| Operating Margin | 23.8% | 23.8% |
| Interest Expense | $6.2M | $6.6M |
| Pretax Income | $21.3M | $21.3M |
| Income Tax Expense | $7.3M | $8.3M |
| Net Income | $14.0M | $13.0M |
| Net Margin | 17.0% | 16.4% |
| EPS (Basic) | $1.52 | $1.42 |
| EPS (Diluted) | $1.51 | $1.41 |
| Shares Outstanding (Basic) | 9.2M | 9.1M |
| Shares Outstanding (Diluted) | 9.2M | 9.2M |
| Dividends Per Share | $0.93 | $0.90 |