Cleveland-Cliffs Inc.
Income Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Revenue | $2.34B | $3.61B | $2.28B |
| Cost of Revenue | $2.03B | $2.45B | $1.81B |
| Gross Profit | $311.7M | $1.16B | $462.0M |
| Gross Margin | 13.3% | 32.1% | 20.3% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | $117.6M | $188.6M | $114.2M |
| Operating Income | $236.1M | $938.9M | $381.6M |
| Operating Margin | 10.1% | 26.0% | 16.8% |
| Interest Expense | $39.0M | $39.8M | $22.6M |
| Pretax Income | $296.5M | $716.3M | $380.7M |
| Income Tax Expense | $22.5M | $144.2M | $84.1M |
| Net Income | $205.1M | $515.8M | $270.0M |
| Net Margin | 8.8% | 14.3% | 11.9% |
| EPS (Basic) | $1.64 | $5.07 | $3.19 |
| EPS (Diluted) | $1.63 | $4.76 | $2.57 |
| Shares Outstanding (Basic) | 125.0M | 101.5M | 83.0M |
| Shares Outstanding (Diluted) | 125.8M | 108.3M | 105.0M |
| Dividends Per Share | $0.26 | $0.35 | $0.25 |