ARMSTRONG WORLD INDUSTRIES, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $893.6M | $837.3M | $805.1M | $1.29B | $2.53B | $2.43B | $2.72B | $2.63B |
| Cost of Revenue | $578.2M | $530.3M | $499.1M | $911.2M | $1.93B | $1.83B | $2.08B | $2.04B |
| Gross Profit | $315.4M | $307.0M | $306.0M | $383.1M | $593.0M | $593.9M | $647.9M | $586.1M |
| Gross Margin | 35.3% | 36.7% | 38.0% | 29.6% | 23.5% | 24.5% | 23.8% | 22.3% |
| Operating Expenses | ||||||||
| Research & Development | $17.4M | $17.8M | $18.7M | $19.8M | $29.3M | $27.4M | $29.2M | $32.9M |
| SG&A Expense | $138.6M | $184.2M | $180.8M | $250.1M | $386.9M | $364.9M | $454.0M | $499.2M |
| Operating Income | $243.8M | $195.9M | $157.0M | $198.1M | $265.6M | $284.9M | $239.8M | $87.5M |
| Operating Margin | 27.3% | 23.4% | 19.5% | 15.3% | 10.5% | 11.7% | 8.8% | 3.3% |
| Interest Expense | $35.4M | $49.5M | $44.6M | $46.0M | $68.7M | $53.6M | $48.5M | $21.2M |
| Pretax Income | $222.1M | $150.6M | $94.6M | $148.4M | $198.7M | $234.6M | $193.8M | $73.1M |
| Income Tax Expense | $1.5M | $51.3M | $36.7M | $69.3M | $71.4M | $76.0M | $81.0M | $58.0M |
| Net Income | $119.6M | $104.7M | $94.2M | $63.8M | $94.1M | $131.3M | $112.4M | $11.0M |
| Net Margin | 13.4% | 12.5% | 11.7% | 4.9% | 3.7% | 5.4% | 4.1% | 0.4% |
| EPS (Basic) | $2.23 | $1.88 | $1.69 | $1.15 | $1.62 | $2.21 | $1.91 | $0.19 |
| EPS (Diluted) | $2.21 | $1.87 | $1.68 | $1.14 | $1.60 | $2.19 | $1.90 | $0.19 |
| Shares Outstanding (Basic) | 53.3M | 55.4M | 55.5M | 55.0M | 57.8M | 58.9M | 58.3M | 57.7M |
| Shares Outstanding (Diluted) | 53.9M | 55.7M | 55.9M | 55.4M | 58.4M | 59.5M | 58.8M | 58.2M |
| Dividends Per Share | — | — | — | — | — | $8.55 | — | $13.74 |