Brandywine Realty Trust
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $520.5M | $525.5M | $602.6M | $597.0M | $562.2M | $535.7M | $538.6M | $540.4M |
| Cost of Revenue | $206.1M | $209.4M | $238.1M | $236.0M | $221.8M | $210.8M | $216.8M | $221.1M |
| Gross Profit | $314.4M | $316.0M | $364.5M | $361.0M | $340.4M | $324.8M | $321.8M | $319.3M |
| Gross Margin | 60.4% | 60.1% | 60.5% | 60.5% | 60.6% | 60.6% | 59.7% | 59.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $28.5M | $26.6M | $29.4M | $26.8M | $27.6M | $25.4M | $24.6M | $23.3M |
| Operating Income | $135.5M | $185.4M | $33.9M | $123.9M | $115.8M | $111.0M | $94.2M | $92.7M |
| Operating Margin | 26.0% | 35.3% | 5.6% | 20.8% | 20.6% | 20.7% | 17.5% | 17.2% |
| Interest Expense | $81.9M | $84.7M | $110.7M | $124.3M | $121.9M | $132.9M | $131.4M | $132.6M |
| Pretax Income | $120.5M | $40.5M | $-30.7M | — | — | — | — | — |
| Income Tax Expense | $-628.0K | $0 | $0 | — | — | — | — | — |
| Net Income | $120.2M | $40.2M | $-30.4M | $7.0M | $42.8M | $6.6M | $-4.5M | $-17.1M |
| Net Margin | 23.1% | 7.6% | -5.0% | 1.2% | 7.6% | 1.2% | -0.8% | -3.2% |
| EPS (Basic) | $0.65 | $0.19 | $-0.21 | $0.00 | $0.23 | $-0.06 | $-0.10 | $-0.19 |
| EPS (Diluted) | $0.65 | $0.19 | $-0.21 | $0.00 | $0.23 | $-0.06 | $-0.10 | $-0.19 |
| Shares Outstanding (Basic) | 175.5M | 175.0M | 178.2M | 166.2M | 153.1M | 143.3M | 135.4M | 131.7M |
| Shares Outstanding (Diluted) | 176.8M | 176.0M | 178.2M | 166.2M | 154.4M | 143.3M | 135.4M | 131.7M |
| Dividends Per Share | $0.66 | $0.63 | $0.60 | $0.60 | $0.60 | $0.60 | $0.60 | $0.60 |