AUDIOCODES LTD.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $156.7M | $145.6M | $139.8M | $151.6M | $137.2M | $127.5M | $155.8M | $150.0M |
| Cost of Revenue | $58.9M | $57.2M | $57.0M | $62.6M | $58.6M | $54.3M | $64.1M | $66.1M |
| Gross Profit | $97.8M | $88.3M | $82.8M | $89.0M | $78.7M | $73.2M | $91.7M | $83.9M |
| Gross Margin | 62.4% | 60.7% | 59.2% | 58.7% | 57.3% | 57.4% | 58.8% | 55.9% |
| Operating Expenses | ||||||||
| Research & Development | $30.3M | $29.1M | $28.0M | $32.3M | $28.2M | $28.7M | $32.2M | $30.2M |
| SG&A Expense | $8.9M | $6.4M | $8.7M | $7.7M | $8.5M | $8.2M | $9.0M | $8.3M |
| Operating Income | $9.7M | $7.8M | $2.7M | $3.5M | $2.7M | $-3.7M | $7.3M | $10.4M |
| Operating Margin | 6.2% | 5.3% | 1.9% | 2.3% | 2.0% | -2.9% | 4.7% | 7.0% |
| Interest Expense | $294.0K | $262.0K | $278.0K | $415.0K | $617.0K | $900.0K | $346.0K | $318.0K |
| Pretax Income | $9.6M | $7.6M | $3.1M | $3.3M | $2.8M | $-3.3M | $7.7M | $10.3M |
| Income Tax Expense | $5.6M | $-8.6M | $2.8M | $3.4M | $-1.4M | $541.0K | $238.0K | $-1.9M |
| Net Income | $4.0M | $16.2M | $366.0K | $-86.0K | $4.2M | $-4.2M | $7.2M | $12.1M |
| Net Margin | 2.6% | 11.2% | 0.3% | -0.1% | 3.1% | -3.3% | 4.6% | 8.1% |
| EPS (Basic) | $0.13 | $0.46 | $0.01 | $0.00 | $0.11 | $-0.11 | $0.17 | $0.30 |
| EPS (Diluted) | $0.13 | $0.45 | $0.01 | $0.00 | $0.11 | $-0.11 | $0.17 | $0.30 |
| Shares Outstanding (Basic) | 31.1M | 35.2M | 40.2M | 42.3M | 38.2M | 39.1M | 41.4M | 40.6M |
| Shares Outstanding (Diluted) | 32.2M | 35.8M | 40.6M | 42.3M | 39.1M | 39.1M | 41.9M | 41.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |