AMERICAN STATES WATER CO
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $440.6M | $436.1M | $458.6M | $465.8M | $472.1M | $466.9M | $419.9M | $399.8M |
| Cost of Revenue | $49.8M | — | — | — | — | — | — | — |
| Gross Profit | $390.8M | — | — | — | — | — | — | — |
| Gross Margin | 88.7% | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $81.6M | $81.5M | $79.8M | $78.3M | $77.3M | $70.6M | $74.1M | $86.3M |
| Operating Income | $127.1M | $114.2M | $118.5M | $119.0M | $119.1M | $111.1M | $95.1M | $73.8M |
| Operating Margin | 28.8% | 26.2% | 25.8% | 25.6% | 25.2% | 23.8% | 22.6% | 18.5% |
| Interest Expense | $22.6M | $22.0M | $21.1M | $21.6M | $22.4M | $22.8M | $23.7M | $21.6M |
| Pretax Income | $108.3M | $94.5M | $98.2M | $99.1M | $98.5M | $90.1M | $72.1M | $54.1M |
| Income Tax Expense | $39.0M | $34.7M | $37.7M | $38.0M | $35.8M | $35.9M | $30.1M | $23.0M |
| Net Income | $69.4M | $59.7M | $60.5M | $61.1M | $62.7M | $54.1M | $45.9M | $33.2M |
| Net Margin | 15.7% | 13.7% | 13.2% | 13.1% | 13.3% | 11.6% | 10.9% | 8.3% |
| EPS (Basic) | $1.88 | $1.63 | $1.61 | $1.57 | $1.61 | $1.42 | $1.22 | $0.89 |
| EPS (Diluted) | $1.88 | $1.62 | $1.60 | $1.57 | $1.61 | $1.41 | $1.21 | $0.89 |
| Shares Outstanding (Basic) | 36.6M | 36.6M | 37.4M | 38.7M | 38.6M | 38.0M | 37.4M | 37.2M |
| Shares Outstanding (Diluted) | 36.8M | 36.8M | 37.6M | 38.9M | 38.9M | 38.3M | 37.7M | 37.5M |
| Dividends Per Share | $0.99 | $0.91 | $0.87 | $0.83 | $0.76 | $0.64 | $0.55 | $0.52 |