BARNES & NOBLE EDUCATION, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|
| Revenue | $2.18B | $1.88B | $1.81B | $1.78B | $1.77B |
| Product Sales | $1.71B | $1.45B | $1.42B | $1.44B | $1.45B |
| Service and Rental Revenues | $472.1M | $423.2M | $381.6M | $338.9M | $327.6M |
| Cost of Revenue | $1.65B | $1.42B | $1.35B | $1.33B | $1.31B |
| Gross Profit | $557.2M | $459.1M | $454.7M | $443.6M | $436.8M |
| Gross Margin | 25.5% | 24.5% | 25.2% | 25.0% | 24.6% |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | $433.7M | $380.8M | $374.2M | $359.5M | $330.4M |
| Operating Income | $-262.7M | $13.6M | $4.6M | $33.6M | $58.3M |
| Operating Margin | -12.0% | 0.7% | 0.3% | 1.9% | 3.3% |
| Interest Expense | — | — | — | — | — |
| Pretax Income | $-273.0M | $10.1M | $2.8M | $33.4M | $57.9M |
| Income Tax Expense | $-20.4M | $4.7M | $2.7M | $14.2M | $22.8M |
| Net Income | $-252.6M | $5.4M | $84.0K | $19.1M | $35.1M |
| Net Margin | -11.6% | 0.3% | 0.0% | 1.1% | 2.0% |
| EPS (Basic) | $-0.54 | $0.01 | $0.00 | $0.03 | $0.09 |
| EPS (Diluted) | $-0.54 | $0.01 | $0.00 | $0.03 | $0.09 |
| Shares Outstanding (Basic) | 467.6M | 463.2M | 462.4M | 384.5M | 372.7M |
| Shares Outstanding (Diluted) | 467.6M | 467.6M | 464.8M | 384.9M | 372.8M |
| Dividends Per Share | — | — | — | — | — |