COGENT COMMUNICATIONS HOLDINGS, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $485.9M | $448.2M | $416.3M | $392.0M | $359.4M | $319.5M | $293.8M | $263.5M |
| On-Net | $280.1M | $264.1M | $249.5M | $236.0M | $218.6M | $199.4M | $188.4M | $172.0M |
| Off-Net | $204.5M | $182.8M | $165.3M | $154.6M | $139.3M | $118.5M | $103.4M | $88.7M |
| Wavelength | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-Core | $1.3M | $1.3M | $1.4M | $1.4M | $1.5M | $1.6M | $2.0M | $2.8M |
| Cost of Revenue | $209.3M | $194.1M | — | — | — | — | — | — |
| Gross Profit | $276.7M | $254.1M | — | — | — | — | — | — |
| Gross Margin | 56.9% | 56.7% | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $127.9M | $120.7M | $113.1M | $107.7M | $87.2M | $79.9M | $77.0M | $72.1M |
| Operating Income | $75.9M | $64.0M | $53.0M | $53.9M | $46.2M | $31.0M | $36.5M | $15.2M |
| Operating Margin | 15.6% | 14.3% | 12.7% | 13.7% | 12.8% | 9.7% | 12.4% | 5.8% |
| Interest Expense | $48.5M | $40.8M | $41.3M | $49.9M | $41.8M | $36.3M | $34.5M | $16.7M |
| Pretax Income | $31.1M | $24.3M | $12.7M | $4.5M | $7.0M | $-3.5M | $5.6M | $-508.0K |
| Income Tax Expense | $25.2M | $9.3M | $7.8M | $3.7M | $-49.7M | $751.0K | $-2.0M | $-1.2M |
| Net Income | $5.9M | $14.9M | $4.9M | $797.0K | $56.7M | $-4.3M | $7.5M | $669.0K |
| Net Margin | 1.2% | 3.3% | 1.2% | 0.2% | 15.8% | -1.3% | 2.6% | 0.3% |
| EPS (Basic) | $0.13 | $0.33 | $0.11 | $0.02 | $1.22 | $-0.09 | $0.17 | $0.01 |
| EPS (Diluted) | $0.13 | $0.33 | $0.11 | $0.02 | $1.21 | $-0.09 | $0.17 | $0.01 |
| Shares Outstanding (Basic) | 44.9M | 44.6M | 44.9M | 46.0M | 46.3M | 45.5M | 45.2M | 44.6M |
| Shares Outstanding (Diluted) | 45.2M | 44.9M | 45.2M | 46.3M | 47.0M | 45.5M | 45.7M | 44.8M |
| Dividends Per Share | $1.80 | $1.51 | $1.46 | $1.17 | $0.76 | $0.21 | — | — |