Cadence Design Systems, Inc.
Income Statement
| Line Item | FY2016 | FY2015 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.82B | $1.58B | $1.46B | $1.33B | $1.15B | $852.6M | $1.04B |
| Cost of Revenue | — | — | — | $73.4M | $69.7M | $32.1M | $50.3M |
| Gross Profit | — | — | — | $1.25B | $1.08B | $820.5M | $988.3M |
| Gross Margin | — | — | — | 94.5% | 93.9% | 96.2% | 95.2% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $125.1M | $113.6M | $121.3M | $112.1M | $92.9M | $122.6M | $152.0M |
| Operating Income | $244.9M | $206.6M | $189.0M | $211.7M | $120.4M | $-123.6M | $-1.57B |
| Operating Margin | 13.5% | 13.1% | 12.9% | 16.0% | 10.5% | -14.5% | -151.5% |
| Interest Expense | $23.7M | $34.1M | $37.6M | $34.7M | $43.0M | $28.9M | $27.4M |
| Pretax Income | $237.2M | $181.0M | $159.0M | $188.3M | $95.4M | $-153.5M | — |
| Income Tax Expense | $34.1M | $22.1M | $-5.2M | $-251.7M | $23.2M | $-3.6M | $239.2M |
| Net Income | $203.1M | $158.9M | $164.2M | $439.9M | $72.2M | $-149.9M | $-1.86B |
| Net Margin | 11.2% | 10.1% | 11.2% | 33.2% | 6.3% | -17.6% | -178.8% |
| EPS (Basic) | $0.71 | $0.56 | $0.59 | $1.63 | $0.27 | $-0.58 | $-7.30 |
| EPS (Diluted) | $0.70 | $0.52 | $0.56 | $1.57 | $0.27 | $-0.58 | $-7.30 |
| Shares Outstanding (Basic) | 284.5M | 283.3M | 277.8M | 270.5M | 263.9M | 257.8M | 254.3M |
| Shares Outstanding (Diluted) | 291.3M | 306.8M | 294.6M | 280.7M | 270.8M | 257.8M | 254.3M |
| Dividends Per Share | — | — | — | — | — | — | — |