Cadence Design Systems Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.94B | $1.81B | $1.70B | $1.58B | $1.46B | $1.33B | $1.15B | $947.7M |
| Product | $909.3M | $821.6M | $731.8M | $668.6M | $616.7M | $556.8M | $462.6M | $329.5M |
| Maintenance | $888.8M | $838.3M | $821.8M | $775.1M | $714.5M | $665.9M | $594.4M | $526.4M |
| Services | $145.2M | $152.1M | $146.6M | $136.9M | $129.0M | $103.8M | $93.2M | $91.8M |
| Cost of Revenue | — | — | — | — | — | $73.4M | $69.7M | $32.1M |
| Gross Profit | — | — | — | — | — | $1.25B | $1.08B | $915.6M |
| Gross Margin | — | — | — | — | — | 94.5% | 93.9% | 96.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $134.2M | $125.1M | $113.6M | — | $121.3M | $112.1M | $92.9M | $122.6M |
| Operating Income | $324.0M | $244.9M | $206.6M | — | $189.0M | $211.7M | $120.4M | $-123.6M |
| Operating Margin | 16.7% | 13.5% | 12.2% | — | 12.9% | 16.0% | 10.5% | -13.0% |
| Interest Expense | $25.7M | $23.7M | $34.1M | — | $37.6M | $34.7M | $43.0M | $28.9M |
| Pretax Income | $315.0M | $237.2M | $181.0M | — | $159.0M | $188.3M | $95.4M | $-153.5M |
| Income Tax Expense | $110.9M | $34.1M | $22.1M | — | $-5.2M | $-251.7M | $23.2M | $-3.6M |
| Net Income | $204.1M | $203.1M | $158.9M | — | $164.2M | $439.9M | $72.2M | $-149.9M |
| Net Margin | 10.5% | 11.2% | 9.3% | — | 11.2% | 33.2% | 6.3% | -15.8% |
| EPS (Basic) | $0.75 | $0.71 | $0.56 | — | $0.59 | $1.63 | $0.27 | $-0.58 |
| EPS (Diluted) | $0.73 | $0.70 | $0.52 | — | $0.56 | $1.57 | $0.27 | $-0.58 |
| Shares Outstanding (Basic) | 272.1M | 284.5M | 283.3M | 289.1M | 277.8M | 270.5M | 263.9M | 257.8M |
| Shares Outstanding (Diluted) | 280.2M | 291.3M | 306.8M | 289.1M | 294.6M | 280.7M | 270.8M | 257.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |