Avnet, Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.04B | $17.44B | $16.74B | $17.66B | $27.50B | $25.46B | $25.71B | $26.53B |
| Cost of Revenue | $16.51B | $15.07B | $14.66B | $15.45B | $24.27B | $22.48B | $22.66B | $23.43B |
| Gross Profit | $2.53B | $2.37B | $2.08B | $2.21B | $3.23B | $2.98B | $3.05B | $3.11B |
| Gross Margin | 13.3% | 13.6% | 12.4% | 12.5% | 11.7% | 11.7% | 11.9% | 11.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.99B | $1.79B | $1.46B | $1.52B | $2.34B | $2.20B | $2.09B | $2.10B |
| Operating Income | $209.2M | $443.7M | $572.9M | $653.1M | $789.9M | $626.0M | $884.2M | $930.0M |
| Operating Margin | 1.1% | 2.5% | 3.4% | 3.7% | 2.9% | 2.5% | 3.4% | 3.5% |
| Interest Expense | $92.7M | $99.6M | $91.9M | $87.1M | $104.8M | $107.7M | $90.9M | $92.5M |
| Pretax Income | $145.1M | $310.4M | $478.0M | $571.5M | $701.1M | $549.3M | $790.8M | $871.0M |
| Income Tax Expense | $288.0M | $47.1M | $87.1M | $86.1M | $155.5M | $99.2M | $223.8M | $201.9M |
| Net Income | $-156.4M | $525.3M | $506.5M | $571.9M | $545.6M | $450.1M | $567.0M | $669.1M |
| Net Margin | -0.8% | 3.0% | 3.0% | 3.2% | 2.0% | 1.8% | 2.2% | 2.5% |
| EPS (Basic) | $-1.30 | $4.13 | $3.87 | $4.18 | $3.95 | $3.26 | $3.85 | $4.39 |
| EPS (Diluted) | $-1.30 | $4.08 | $3.80 | $4.12 | $3.89 | $3.21 | $3.79 | $4.34 |
| Shares Outstanding (Basic) | 119.9M | 127.0M | 130.9M | 136.7M | 138.0M | 138.0M | 147.3M | 152.5M |
| Shares Outstanding (Diluted) | 119.9M | 128.7M | 133.2M | 138.8M | 140.1M | 140.0M | 149.6M | 154.3M |
| Dividends Per Share | $0.74 | $0.70 | $0.68 | $0.64 | $0.60 | $0.00 | $0.00 | — |