Brown-Forman Corp.

BF-B ·Consumer Defensive, Beverages - Non-Alcoholic, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2010 FY2009
Revenue $3.23B $3.19B
Cost of Revenue $858.0M $904.0M
Gross Profit $1.61B $1.58B
Gross Margin 49.9% 49.4%
Operating Expenses
Research & Development
SG&A Expense $539.0M $548.0M
Operating Income $710.0M $661.0M
Operating Margin 22.0% 20.7%
Interest Expense $31.0M $37.0M
Pretax Income $682.0M $630.0M
Income Tax Expense $233.0M $195.0M
Net Income $449.0M $435.0M
Net Margin 13.9% 13.6%
EPS (Basic) $3.03 $2.88
EPS (Diluted) $3.02 $2.87
Shares Outstanding (Basic) 147.8M 150.5M
Shares Outstanding (Diluted) 148.6M 151.4M
Dividends Per Share $1.18
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