Avnet, Inc.
Income Statement
| Line Item | FY2010 | FY2009 | FY2008 |
|---|---|---|---|
| Revenue | $19.16B | $16.23B | $17.95B |
| Cost of Revenue | $16.88B | $14.21B | $15.64B |
| Gross Profit | $2.28B | $2.02B | $2.31B |
| Gross Margin | 11.9% | 12.5% | 12.9% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | $1.62B | $1.53B | $1.56B |
| Operating Income | $635.6M | $-1.02B | $710.8M |
| Operating Margin | 3.3% | -6.3% | 4.0% |
| Interest Expense | $61.7M | $78.7M | $88.2M |
| Pretax Income | $585.1M | $-1.09B | $693.4M |
| Income Tax Expense | $174.7M | $34.7M | $203.8M |
| Net Income | $410.4M | $-1.13B | $489.6M |
| Net Margin | 2.1% | -7.0% | 2.7% |
| EPS (Basic) | $2.71 | $-7.49 | $3.26 |
| EPS (Diluted) | $2.68 | $-7.49 | $3.21 |
| Shares Outstanding (Basic) | 151.6M | 150.9M | 150.3M |
| Shares Outstanding (Diluted) | 153.1M | 150.9M | 152.4M |
| Dividends Per Share | — | — | — |