AMERICAN VANGUARD CORPORATION
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $355.0M | $312.1M | $289.4M | $298.6M | $381.0M | $366.2M | $301.1M | $226.9M |
| Cost of Revenue | $207.7M | $183.8M | $177.5M | $184.1M | $209.7M | $205.1M | $178.0M | $140.5M |
| Gross Profit | $147.4M | $128.3M | $111.9M | $114.5M | $171.3M | $161.1M | $123.1M | $86.3M |
| Gross Margin | 41.5% | 41.1% | 38.7% | 38.3% | 45.0% | 44.0% | 40.9% | 38.1% |
| Operating Expenses | ||||||||
| Research & Development | $26.1M | $21.3M | $19.1M | $21.2M | $21.6M | $20.8M | $18.0M | $12.6M |
| SG&A Expense | $37.7M | $32.1M | $28.5M | $27.1M | $33.5M | $29.7M | $21.4M | $17.9M |
| Operating Income | $26.8M | $20.5M | $11.5M | $6.7M | $55.7M | $59.3M | $39.2M | $19.2M |
| Operating Margin | 7.5% | 6.6% | 4.0% | 2.2% | 14.6% | 16.2% | 13.0% | 8.5% |
| Interest Expense | $1.9M | $1.6M | $2.6M | $3.1M | $2.2M | $2.9M | $3.6M | $3.2M |
| Pretax Income | $24.9M | $18.9M | $9.0M | $3.6M | $53.8M | $56.9M | $35.2M | $16.2M |
| Income Tax Expense | $4.4M | $5.5M | $2.0M | $-451.0K | $18.9M | $20.0M | $13.2M | $5.2M |
| Net Income | $20.3M | $12.8M | $6.6M | $4.8M | $34.4M | $36.9M | $22.1M | $11.0M |
| Net Margin | 5.7% | 4.1% | 2.3% | 1.6% | 9.0% | 10.1% | 7.3% | 4.8% |
| EPS (Basic) | $0.70 | $0.44 | $0.23 | $0.17 | $1.22 | $1.32 | $0.80 | $0.40 |
| EPS (Diluted) | $0.68 | $0.44 | $0.23 | $0.17 | $1.19 | $1.28 | $0.79 | $0.40 |
| Shares Outstanding (Basic) | 29.1M | 28.9M | 28.7M | 28.4M | 28.3M | 27.9M | 27.6M | 27.4M |
| Shares Outstanding (Diluted) | 29.7M | 29.4M | 29.2M | 28.9M | 28.9M | 28.8M | 27.9M | 27.7M |
| Dividends Per Share | $0.06 | $0.03 | $0.02 | $0.17 | $0.22 | $0.22 | $0.08 | $0.03 |