BREAD FINANCIAL HOLDINGS, INC.

BFH ·Financial, Credit Services, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $5.47B $7.14B $6.44B $5.30B $4.32B $3.64B $3.17B $2.79B
Cost of Revenue $2.47B $4.28B $3.81B $3.22B $2.55B $2.11B $1.81B $1.55B
Gross Profit $3.01B $2.86B $2.63B $2.08B $1.77B $1.53B $1.36B $1.25B
Gross Margin 54.9% 40.1% 40.8% 39.3% 41.0% 42.1% 42.9% 44.6%
Operating Expenses
Research & Development
SG&A Expense $159.3M $143.2M $138.5M $141.5M $109.1M $108.1M $95.3M $85.8M
Operating Income $1.52B $1.27B $1.26B $1.10B $1.10B $974.4M $812.7M $629.2M
Operating Margin 27.7% 17.7% 19.6% 20.7% 25.4% 26.8% 25.6% 22.5%
Interest Expense $455.4M $428.5M $330.2M $260.5M $305.5M $291.5M $298.6M $318.3M
Pretax Income $1.06B $837.0M $931.6M $837.9M $793.4M $682.9M $514.1M $310.9M
Income Tax Expense $293.3M $319.4M $326.2M $321.8M $297.2M $260.6M $198.8M $115.3M
Net Income $788.7M $517.6M $605.4M $516.1M $496.2M $422.3M $315.3M $193.7M
Net Margin 14.4% 7.3% 9.4% 9.7% 11.5% 11.6% 9.9% 6.9%
EPS (Basic) $14.17 $7.37 $8.91 $8.72 $10.09 $8.44 $6.22 $3.69
EPS (Diluted) $14.10 $7.34 $8.85 $7.87 $7.42 $6.58 $5.45 $3.48
Shares Outstanding (Basic) 55.7M 58.6M 61.9M 56.4M 49.2M 50.0M 50.7M 52.5M
Shares Outstanding (Diluted) 55.9M 58.9M 62.3M 62.4M 66.9M 64.1M 57.8M 55.7M
Dividends Per Share $0.52 $0.52
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