Balchem Corporation
Income Statement
| Line Item | FY2010 | FY2009 |
|---|---|---|
| Revenue | $255.1M | $219.4M |
| Cost of Revenue | $177.0M | $152.5M |
| Gross Profit | $78.0M | $67.0M |
| Gross Margin | 30.6% | 30.5% |
| Operating Expenses | ||
| Research & Development | $3.2M | $3.3M |
| SG&A Expense | $9.5M | $8.7M |
| Operating Income | $49.8M | $40.7M |
| Operating Margin | 19.5% | 18.5% |
| Interest Expense | $90.0K | $209.0K |
| Pretax Income | $50.1M | $40.6M |
| Income Tax Expense | $16.9M | $13.8M |
| Net Income | $33.3M | $26.8M |
| Net Margin | 13.0% | 12.2% |
| EPS (Basic) | $1.19 | $0.98 |
| EPS (Diluted) | $1.12 | $0.93 |
| Shares Outstanding (Basic) | 28.0M | 27.4M |
| Shares Outstanding (Diluted) | 29.6M | 28.9M |
| Dividends Per Share | — | — |