CBL & ASSOCIATES PROPERTIES, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $897.0M | $960.6M | $1.01B | $1.04B | $1.02B | $987.5M | $942.2M | $930.5M |
| Rental Income | $867.3M | $928.7M | $972.5M | $1.00B | $986.2M | $954.0M | $907.2M | $901.8M |
| Management and Development Fees | $16.8M | $16.2M | $17.0M | $19.4M | $19.5M | $18.5M | $19.4M | $15.1M |
| Other | $13.0M | $15.7M | $22.5M | $20.4M | $17.0M | $15.0M | $15.7M | $13.7M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $58.5M | $63.3M | $62.1M | $50.3M | $48.9M | $51.3M | $44.8M | $43.4M |
| Operating Income | $232.6M | $253.6M | $277.6M | $375.1M | $330.8M | $369.9M | $358.7M | $401.5M |
| Operating Margin | 25.9% | 26.4% | 27.4% | 36.1% | 32.3% | 37.5% | 38.1% | 43.1% |
| Interest Expense | $218.7M | $216.3M | $229.3M | $239.8M | $231.9M | $242.4M | $267.1M | $281.1M |
| Pretax Income | $157.0M | — | — | — | — | — | — | — |
| Income Tax Expense | $-1.9M | $-2.1M | $2.9M | $4.5M | $1.3M | $1.4M | $-269.0K | $-6.4M |
| Net Income | $120.9M | $172.9M | $103.4M | $219.2M | $85.2M | $131.6M | $133.9M | $62.2M |
| Net Margin | 13.5% | 18.0% | 10.2% | 21.1% | 8.3% | 13.3% | 14.2% | 6.7% |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 26.18B | 26.09B | 26.09B | 26.05B | 26.02B | 23.68B | 22.69B | 21.17B |
| Shares Outstanding (Diluted) | 26.18B | 26.09B | 26.09B | 26.05B | 26.02B | 23.69B | 22.70B | 21.18B |
| Dividends Per Share | $6.50 | — | — | — | $0.00 | $0.00 | — | — |