COMMUNITY FINANCIAL SYSTEM, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $518.1M | $429.5M | $371.7M | $363.4M | $340.3M | $329.7M | $298.6M | $270.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $173.7M | $165.9M | $143.4M | $141.5M | $137.1M | $159.8M | $165.1M | $153.0M |
| Operating Margin | 33.5% | 38.6% | 38.6% | 38.9% | 40.3% | 48.5% | 55.3% | 56.6% |
| Interest Expense | $13.8M | $11.3M | $11.2M | $11.8M | $26.1M | $51.0M | $61.6M | $66.6M |
| Pretax Income | $160.0M | $154.6M | $132.2M | $129.7M | $111.0M | $108.8M | $103.5M | $86.4M |
| Income Tax Expense | $9.2M | $50.8M | $41.0M | $38.3M | $32.2M | $31.7M | $30.4M | $23.1M |
| Net Income | $150.7M | $103.8M | $91.2M | $91.4M | $78.8M | $77.1M | $73.1M | $63.3M |
| Net Margin | 29.1% | 24.2% | 24.5% | 25.1% | 23.2% | 23.4% | 24.5% | 23.4% |
| EPS (Basic) | $3.07 | $2.34 | $2.21 | $2.24 | $1.96 | $1.95 | $2.03 | $1.91 |
| EPS (Diluted) | $3.03 | $2.32 | $2.19 | $2.22 | $1.94 | $1.93 | $2.01 | $1.89 |
| Shares Outstanding (Basic) | 48.8M | 44.1M | 41.0M | 40.5M | 40.0M | 39.2M | 35.8M | 33.0M |
| Shares Outstanding (Diluted) | 49.5M | 44.5M | 41.4M | 41.0M | 40.5M | 39.7M | 36.2M | 33.3M |
| Dividends Per Share | $1.32 | $1.26 | $1.22 | $1.16 | $1.10 | $1.06 | $1.00 | $0.94 |